Although the idea is cool, i still have some thoughts:
- As far as i understand, each message need time for confirmation. I need to wait 1-2 minutes for my mate to receive my message then return a response to me. So basically it's not IM (Instant Message).
- the number of messages i can send depend on amount of coins i have, i can't send unlimited messages. I need to "buy coins" or "mine coins" in order to send messages ( who will receive these coins ? ) . So basically, it's NOT a free chat service.
- Messages is public on blockchain, not encrypted, everyone can read my messages. This is a huge downside, chatting is something should be private. BitTorrent now has BitTorrent Chat feature which is P2P, encrypted.
- Blockchain will increase infinitely, which mean Talkcoin will be a chat client that take huge amount of disk space.
Therefore i think TalkCoin's role is no more than a crypto currency. There would be no one use this for chatting purpose.
I have to agree with some of your word chat function is definitely something that needs to be worked on. What about private chat i don't think that it would be used chat should be a communication media weher we can dicuss things like promotion trading startegy etc what is useful for every user of this coin.
But we shouldnt forget a few things:
1 New algo that is running cool on gpus like X11
2 Voting system seen at HVC but without miserable IPO and premine
3 Custom wallet not just a copy cut of other coins
