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June 14, 2013, 09:01:38 AM |
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I think lack microtransactions is the most defectuous part of the bitcoin protocol I wonder if it is feasible to establish distributed jar service. It would possibly work on top of bitcoin in the following way.
Pick random bitcoin address lock private key in some safe place or destroy it(tricky part).
Start tip jar service on top of this address
Now anyone could create account in the specific tip jar, put some bitcoin in it.Those bitcoin will be converted to some kind of tipcoin. Now Tip coin could be traded between nodes at the same public ledger fashion as bitcoin is, but nothing like profitable mining would be involved.
There are some weaknesses, who acctualy should have access to private key, or in case of lost private key, tipcoin had to act like bitcoin in this place and be traded like other scum coin on regular exchange, both solutions have some kind of trust involved, but most people will not bother as long as service will work.
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