[tahoe-dev] Resurrecting Mojo Nation

[James A. Donald]

On 2012-06-12 11:04 AM, Jack Byer wrote:
> (This is a cross-post from: https://bitcointalk.org/index.php?topic=86384)
>
>
>
> A market mechanism for buying and selling hard drive space would look
> a lot like the commodity markets. If you express a contract in a
> standard form they can be traded on an exchange to achieve price
> discovery. The following is not a complete specification but just an
> example of how such a system might work.

Price discovery, when done by human agents, is expensive.  The stock 
exchange and its traders have a lot of overheads.

One explanation for the failure of Mojo Nation was that people would not 
take the time to do price discovery for micro transactions.

Not that I know why Mojo Nation failed.  I have not seen a post mortem 
from anyone knowledgeable.