the charting site XCharts.com will be host to this new type of devilish currency. for one. the blockchain is simply a list of transactions (1 transaction per block). the blocks are generated randomly by the Sender, and the transaction hashes are SHA-512 double-encrypted after the addresses are destroyed (only the sender and receiver and combine their hashes together like the power rangers [IN CASE WE HAVE TO "ROLL BACK" TRANSACTIONS (ONLY IN CASES OF EXTREME HACKING FRAUD (won't happen, sanatizing ALL inputs SHA ENCRYPTION yada yada yada :DD)
site is *TOTALLY ANONYMOUS*
no ip record will even be kept. only the transaction ledger. we *can* and have the ability to "roll back" transactions if there is majority consensus among the
BTCitcoin community (Bitcoin cop
)
put money in never get money out. you have the option to trade with others on the board however (hopefully we will get advanced charting with 4D zooming, hopefully tomorrow
)>
WILL be backed by 50 BTC genesis block, and 2750+ (100 which might go to some kind of ASIC PPcoin, so we can share the hash rate
) BTC "slush" fund for new users
