|
Title: DestroyCoin Post by: Dr. Glamorian on July 18, 2012, 06:57:09 AM Would you use a crypto-currency backed by destroyed Bitcoins? You would send some Bitcoins to a specific blackhole at a certain time and the blockchain would credit you with 1 DestroyCoin.
Once all Bitcoins are destroyed, there would be a total of 21 million DestroyCoins. Miners would be paid through transaction fees alone. Title: Re: DestroyCoin Post by: notme on July 18, 2012, 07:00:23 AM Would you use a crypto-currency backed by destroyed Bitcoins? You would send some Bitcoins to a specific blackhole at a certain time and the blockchain would credit you with 1 DestroyCoin. Once all Bitcoins are destroyed, there would be a total of 21 million DestroyCoins. Miners would be paid through transaction fees alone. How do I know you don't have a key for this blackhole? Title: Re: DestroyCoin Post by: smoothie on July 18, 2012, 07:01:34 AM I cant help but notice the sunglasses in your avatar....just like RS/Notyep.....HMMM
Title: Re: DestroyCoin Post by: Matthew N. Wright on July 18, 2012, 07:06:01 AM Atlas, aren't you permabanned?
Title: Re: DestroyCoin Post by: Dr. Glamorian on July 18, 2012, 07:11:17 AM Would you use a crypto-currency backed by destroyed Bitcoins? You would send some Bitcoins to a specific blackhole at a certain time and the blockchain would credit you with 1 DestroyCoin. Once all Bitcoins are destroyed, there would be a total of 21 million DestroyCoins. Miners would be paid through transaction fees alone. How do I know you don't have a key for this blackhole? It will be clearly a blackhole since it would contain a long word or phrase. Title: Re: DestroyCoin Post by: yogi on July 18, 2012, 07:14:41 AM A public address can be made without generating a private key. In that case, it would be impossible to find the private key, ever. Not 'impossible' just impractical. Title: Re: DestroyCoin Post by: organofcorti on July 18, 2012, 07:28:56 AM Miners would be paid through transaction fees alone. Paid what? Title: Re: DestroyCoin Post by: Dr. Glamorian on July 18, 2012, 07:34:44 AM Miners would be paid through transaction fees alone. Paid what? Title: Re: DestroyCoin Post by: organofcorti on July 18, 2012, 07:40:50 AM Miners would be paid through transaction fees alone. Paid what? How do you secure the DestroyCoin network? I can see where this is headed, but I also like watching train crashes in movies so I'm enjoying playing this out. Title: Re: DestroyCoin Post by: Dr. Glamorian on July 18, 2012, 07:45:16 AM Miners would be paid through transaction fees alone. Paid what? How do you secure the DestroyCoin network? I can see where this is headed, but I also like watching train crashes in movies so I'm enjoying playing this out. Title: Re: DestroyCoin Post by: Tittiez on July 18, 2012, 07:47:24 AM What happens when all DestroyCoins are destroyed?
Title: Re: DestroyCoin Post by: organofcorti on July 18, 2012, 07:50:00 AM Miners would be paid through transaction fees alone. Paid what? How do you secure the DestroyCoin network? I can see where this is headed, but I also like watching train crashes in movies so I'm enjoying playing this out. When a block of what is found? Title: Re: DestroyCoin Post by: Dr. Glamorian on July 18, 2012, 07:50:16 AM What happens when all DestroyCoins are destroyed? We retire it and continue to use DestroyCoin 2. Title: Re: DestroyCoin Post by: Dr. Glamorian on July 18, 2012, 07:50:57 AM Miners would be paid through transaction fees alone. Paid what? How do you secure the DestroyCoin network? I can see where this is headed, but I also like watching train crashes in movies so I'm enjoying playing this out. When a block of what is found? It runs off the same blockchain system. Title: Re: DestroyCoin Post by: organofcorti on July 18, 2012, 08:05:22 AM Miners would be paid through transaction fees alone. Paid what? How do you secure the DestroyCoin network? I can see where this is headed, but I also like watching train crashes in movies so I'm enjoying playing this out. When a block of what is found? It runs off the same blockchain system. So you're proposing a bitcoin clone that as part of its start up will reward Bitcoin miners for increasing the value of remaining bitcoins . This is what you're proposing, yes? Destroying bitcoins is not the same as destroying Bitcoin. Title: Re: DestroyCoin Post by: Bitcoin Oz on July 18, 2012, 08:11:16 AM So whats the point of this ?
Title: Re: DestroyCoin Post by: Matthew N. Wright on July 18, 2012, 08:31:28 AM So whats the point of this ? Just more utterly pointless time-wasting Atlas mental masturbation. Anyway, he's already banned again. Title: Re: DestroyCoin Post by: organofcorti on July 18, 2012, 08:37:24 AM Why stop now, just when I'm enjoying it? Damn Matthew, and damn Atlas' Matthew N. Wright - ophobia. Matthew, you just ruined all the fun and scared him off. Oh well. Have to wait until the next reincarnation of Atlas, like some kind of teenaged and semi ignorant Dr. Who without the cool toys.
Title: Re: DestroyCoin Post by: Matthew N. Wright on July 18, 2012, 08:59:10 AM Why stop now, just when I'm enjoying it? Damn Matthew, and damn Atlas' Matthew N. Wright - ophobia. Matthew, you just ruined all the fun and scared him off. Oh well. Have to wait until the next reincarnation of Atlas, like some kind of teenaged and semi ignorant Dr. Who without the cool toys. If you want more Atlas drama, talk to Garr255 (https://bitcointalk.org/index.php?action=profile;u=24589) (http://cognitivemining.com/) who claims he's Dr. Glamorian and Atlas. Code: [5:38:40 PM] Garrett Ian MacDonald: So I see you've banned yet another one of my socks Title: Re: DestroyCoin Post by: organofcorti on July 18, 2012, 09:10:05 AM No, I am SpartacAtlas!
Title: Re: DestroyCoin Post by: notme on July 18, 2012, 03:25:38 PM Would you use a crypto-currency backed by destroyed Bitcoins? You would send some Bitcoins to a specific blackhole at a certain time and the blockchain would credit you with 1 DestroyCoin. Once all Bitcoins are destroyed, there would be a total of 21 million DestroyCoins. Miners would be paid through transaction fees alone. How do I know you don't have a key for this blackhole? It will be FTFY. I still don't trust you. Title: Re: DestroyCoin Post by: illpoet on July 18, 2012, 06:47:35 PM ok so i ran over 2 bitcoins with my car. now what do i get?
|