If a company wants to denominate its public offering in colored BTC...

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Capitalism Prevails (OP)

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If a company wants to denominate its public offering in colored BTC...

September 29, 2013, 03:43:05 AM

wouldn't all the miners have to reach a 51% consensus to change the code and issue out colored coins for the the stock?

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b!z

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Re: If a company wants to denominate its public offering in colored BTC...

September 29, 2013, 04:24:00 AM

I think you just need to designate some coins as colored. No need to have a consensus.

Capitalism Prevails (OP)

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Re: If a company wants to denominate its public offering in colored BTC...

September 29, 2013, 04:28:53 AM

And how are they designated as colored? I thought the BTC protocol had to be changed.

b!z

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Re: If a company wants to denominate its public offering in colored BTC...

September 29, 2013, 05:13:41 AM

Quote from: Capitalism Prevails on September 29, 2013, 04:28:53 AM

And how are they designated as colored? I thought the BTC protocol had to be changed.

Maybe I was wrong: http://bitcoin.stackexchange.com/questions/5695/what-are-colored-coins

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