[Experiment] Abstract Coin 0.2.1

[escrow.ms]

<? echo 'search warrant!! all accounts seized by the FBI'; ?>

Confirmed. 

[adamstgBit]

also how you generate / choose the
AC8DG84KD

This is a random code you make up yourself, so you can later use the forums search to find all your transactions

and the (0.400AC)AdamStgBit(0.300AC) ->
is the 0.400AC the whole amount in your wallet?

did i gett he diff between 0.4 and 0.3 AC so I have 0.1 AC?

Thats right you get the difference.

why do you need AdamStgBit and AC?

I guess i don't!

Abstract Coin was invented 2 days ago, it a work in progress...

The basic idea is that I can invent this imaginary coin, and simply saying i give you 0.1 of it makes it so, since we can all see the history of what's been said then we can figure what's what.

On day 1, somone edited their post and claimed that they only sent me 0.001 not 0.05 .... this act killed Abstract Coin 0.1.0

thats when i thought of using a "quote chain" now transactions are independently confirmed by other people so no one can edit their transactions

I think it would be alright to say, all you have to do to send Abstract Coin is first prove you own some ( by quoting the confirmed block thats shows you received coins ), then say wtv amount you want to send and to whom.

Abstract Coin is profoundly CraZy, but i think the basic idea has merit, I'm having fun exploring it, seeing how far i can go with it.

Abstract Coin - an idea worth thinking about.

[jubalix]

I have put the first AC coin up for sale over on currency exchange and alts,

the buyer can confirm I guess?

[adamstgBit]

I have put the first AC coin up for sale over on currency exchange and alts,

the buyer can confirm I guess?

yes your proof of ownership is here killerpotleaf confirmed it

if you sell your coin

you can send it by quoting that confirmed  proof  and saying somthing like " I send 0.xxx coins to  YYYYYYY"  I (or someone else) will confirm it and it will be part of this most retarted quote chain FOREVER! ( or at least as long as this threat exists )

[jubalix]

I have put the first AC coin up for sale over on currency exchange and alts,

the buyer can confirm I guess?

yes your proof of ownership is here killerpotleaf confirmed it

if you sell your coin

you can send it by quoting that confirmed  proof  and saying somthing like " I send 0.xxx coins to  YYYYYYY"  I (or someone else) will confirm it and it will be part of this most retarted quote chain FOREVER! ( or at least as long as this threat exists )

you should set up a twitter account for it

[adamstgBit]

<? echo 'search warrant!! all accounts seized by the FBI'; ?>

Confirmed.  

I suspect that if Abstract Coin gains traction, the bitcointalk.org forum authorities will attempt to kill it by destorying the quote chain  .
now here this! you can kill the quote chain, but you can never kill the idea!
Abstract Coin FTW!

typical reaction when first looking at this thread

[adamstgBit]

you should set up a twitter account for it

we actually have been thinking about this, could work better, idk, need to think about it...

[jl2012]

Abstract Coins anyone?

now giving away 10% of the total supply to the next person to ask for it

May I have some? 

[KS]

WTB 0BTC coin, but I seem to be all out of AC

[Le Happy Merchant]

The time is now for abstraction

[KS]

I am anti Twitter, I want to live off the grid!

I will add my public AC wallet in my sig., with the current amount it holds.

AC is so secure no one will be able to steal it from me anyway!

[wachtwoord]

Fun experiment. Can I have a fraction of an abstract coin too?

[jubalix]

I am anti Twitter, I want to live off the grid!

I will add my public AC wallet in my sig., with the current amount it holds.

AC is so secure no one will be able to steal it from me anyway!

hang on no

your on the grid being on this board, the more forms you store the data the stronger it is.

this board goes, your ac goes.

[jubalix]

Fun experiment. Can I have a fraction of an abstract coin too?

wachtwoord

|JZARK777| (0.1 AC)Jubalix(0.999AC) -> wachtwoord

[wachtwoord]

Fun experiment. Can I have a fraction of an abstract coin too?

wachtwoord

|JZARK777| (0.1 AC)Jubalix(0.999AC) -> wachtwoord

Thanks a lot!

As it stands the tx is invalid though you forgot a zero:

|JZARK777| (0.1 AC)Jubalix(0.099AC) -> wachtwoord

would be valid.

[KS]

I am anti Twitter, I want to live off the grid!

I will add my public AC wallet in my sig., with the current amount it holds.

AC is so secure no one will be able to steal it from me anyway!

hang on no

your on the grid being on this board, the more forms you store the data the stronger it is.

this board goes, your ac goes.

What do you mean I'm on the grid??? OMG!!!!!

I'm like the little old lady keeping her stash of coins under her mattress and distrusting banks. I don't like Twitter, I want to enjoy the thrill of systemic failure threat and potential loss of all my AC fortune! (I must be a pathological gambler at heart )

EDIT: PM are like Tweets and cannot be edited. While Tweeter is your public ATM, PM's are LoC's

[KS]

Also, we need an exchange or some other darknet trading platform.

How am I EVER to buy the 0BTC coin without these?

[jubalix]

Fun experiment. Can I have a fraction of an abstract coin too?

wachtwoord

|JZARK777| (0.1 AC)Jubalix(0.999AC) -> wachtwoord

Thanks a lot!

As it stands the tx is invalid though you forgot a zero:

|JZARK777| (0.1 AC)Jubalix(0.099AC) -> wachtwoord

would be valid.

yes I see, rejected, hey this a pretty fault redundant system


|JZARK777| (0.1 AC)Jubalix(0.0999AC) -> wachtwoord

[KS]

Fun experiment. Can I have a fraction of an abstract coin too?

wachtwoord

|JZARK777| (0.1 AC)Jubalix(0.999AC) -> wachtwoord

Thanks a lot!

As it stands the tx is invalid though you forgot a zero:

|JZARK777| (0.1 AC)Jubalix(0.099AC) -> wachtwoord

would be valid.

yes I see, rejected, hey this a pretty fault redundant system


|JZARK777| (0.1 AC)Jubalix(0.0999AC) -> wachtwoord

Who would have authority (decentralized) to invalidate a previously confirmed but erroneous transaction? peer review? how many peers?

[adamstgBit]

|AC8DG84KD| (0.400AC)AdamStgBit(0.300AC) -> jubalix

confirmed!

|JZARK777| (0.1 AC)Jubalix(0.0999AC) -> wachtwoord

confirmed!