Nice try

this is a new programming language, right? and the people who made it are also making a blockchain thing for it to run on. which made some people, including me, sad. so someone laments this, and someone else comes in:

The author writes in the Kindelia Readme:

There is no native coin. It is not a cryptocurrency. It is a cryptocomputer. Which to me says they’re focusing on the decentralized application portion of blockchains instead of the scam coins.

now, i wasn’t convinced. because, i’m no expert but, a blockchain can’t work without a currency, right? it’s part of the algorithmic foundation to have some token that the chain itself can reimburse participants with…

so how did they do this? did they finally invent a Good Blockchain?

website takes me to readme, “There is no native coin” ok but how? readme takes me to whitepaper:

As for block rewards, the same principle holds. Tokens and applications can leave rewards that only the block miner can collect. For example, Kindelia’s Genesis Token, a no-premine currency which will be deployed by the Kindelia Foundation on the first block, will include a method that mints coins once per block, following Bitcoin’s emission curve. This serves as an incentive for miners that keep the network secure. In other words, Kindelia doesn’t need a built-in token to have block rewards and miner fees. Instead, it flexibly allows users to pay fees in whatever tokens they want, and miners to collect block rewards from a constellation of user-deployed tokens, rather than a single official one.

Kindelia whitepaper, revision 67f86e1 (highlighting mine)

It’s a marketing trick. “No native coin” just means that the coin is pluggable.

I’m going to commit crimes.