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RE: [Pre-Announcement] Morphene Blockchain - [ICO] - Details Inside - Trust-less Online Auctions
Interesting work. I took a look at the code in github and it is more clean and reduced!, also removing references to the steem hardforks 👍
You say that it is for "application specific" (auctions), but how do you prevent apps like steemmonsters, magic dice, or drug wars to work on top of it.
Hey thanks for checking out the repo!
The repo hasn't yet been updated with the Morphene initial release commits that contain the Auction operations and objects and removes all unused operations, such as the customJson ones.
In the launched system, there will simply be now way to submit an operation that is not related to either your account or an auction.
This should be sufficient to prevent anyone from having much of a desire to build a generalized application upon Morphene.
Also, MORPH tokens will only be attainable in the beginning from Morphene directly (or deposited into newly created accounts), so there isn't much risk of any single stakeholder getting a huge amount of tokens. Unsold ICO tokens that are not earmarked for other tasks will either be given away in promotions or burned.
When the Morphene initial release is ready, there will be a more specific document released detailing the intricacies of the system and it's mechanics. Keep on the look out!