[Experiment] Abstract Coin 0.2.1

[adamstgBit]

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?

i guess anyone does

if a tx appears to be invalid in anyway, no one is forced to accept it.

its up to the user to make it easy to prove they own some AC, being part of the quote chain is a good start.

[Phinnaeus Gage]

|ACSTONED1| (0.114AC)Killerpotleaf(0.100AC) -> Phinnaeus Gage

confirmed!

I see you confirmed it, but should I confirm it without confirming your confirm. Although, a serious question, do you now see what Satoshi went through when he first introduced Bitcoin?

The best part of Abstract Coin is all those who have some can dictate its value to those who would later want some, all without an exchange. A more robust blockchain may be all that needs to be created to show who owns what.

[RichG]

Can I get some AC?

My wallet ID is |AC7R1E7L|

[RichG]

So how do you find blocks, and what is our block count?

[KS]

So how do you find blocks, and what is our block count?

all premined.

[wachtwoord]

W00t I own 0.0001 AC now! Thanks Jubalix

[adamstgBit]

there is only 1 Abstract Coin known to exist, it popped out of nowhere! there was no need to mine it.. i just grabbed it and someone confirmed that action.  

[adamstgBit]

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

confirmed!

|AC8DG84KD| (0.300AC)AdamStgBit(0.250AC) -> RichG

[Killerpotleaf]

|AC8DG84KD| (0.300AC)AdamStgBit(0.250AC) -> RichG

confirmed!

[RichG]

|AC8DG84KD| (0.300AC)AdamStgBit(0.250AC) -> RichG

confirmed!

Confirmed.

[adamstgBit]

The quote chine is working!

i can follow the flow of AC back to genesis block 

[jubalix]

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

confirmed!

Test

[jubalix]

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

confirmed!

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

confirmed!

test2

[jubalix]

ok

here is my online wallet

some if we adopt a common format, then some one should be able to write a program to chain it all together

https://docs.google.com/spreadsheet/ccc?key=0ApsoE5YJ8sR-dHNESVJ5SGdvWmFiNWNUdGpPNTZUMlE#gid=0

[adamstgBit]

ok

here is my online wallet

some if we adopt a common format, then some one should be able to write a program to chain it all together

https://docs.google.com/spreadsheet/ccc?key=0ApsoE5YJ8sR-dHNESVJ5SGdvWmFiNWNUdGpPNTZUMlE#gid=0

but i'd like to stay away from writing software.
if we go that way we will end up with a shitty version of bitcoin at best.

i'd like to see the doc by i need permissions to open the doc.

[adamstgBit]

I am no longer giving away Abstract Coin for free
I am only giving away Abstract Coin to people who contribute in wtv way.

i will also consider offers in BTC 

[adamstgBit]

holy shit its happening! Abstract Coin forks!    

https://bitcointalk.org/index.php?topic=219516.0

[jubalix]

holy shit its happening! Abstract Coin forks!    

https://bitcointalk.org/index.php?topic=219516.0

with enough hero members at the start and in the chain it will lent is legitimacy

also double confirmations would secure the chain better and avoid sock puppets

[jubalix]

ok

here is my online wallet

some if we adopt a common format, then some one should be able to write a program to chain it all together

https://docs.google.com/spreadsheet/ccc?key=0ApsoE5YJ8sR-dHNESVJ5SGdvWmFiNWNUdGpPNTZUMlE#gid=0

but i'd like to stay away from writing software.
if we go that way we will end up with a shitty version of bitcoin at best.

i'd like to see the doc by i need permissions to open the doc.

try now

https://docs.google.com/spreadsheet/ccc?key=0ApsoE5YJ8sR-dHNESVJ5SGdvWmFiNWNUdGpPNTZUMlE#gid=0

[adamstgBit]

holy shit its happening! Abstract Coin forks!    

https://bitcointalk.org/index.php?topic=219516.0

with enough hero members at the start and in the chain it will lent is legitimacy

also double confirmations would secure the chain better and avoid sock puppets

agreed

I believe this crazy idea might just work!
maybe we should maybe create a new forum of our own, exporting the quote chaine should be really easy.
and it would add legitimacy to Abstract Coin, not to mention security... lets face it,  Abstract Coin is a serious threat to bitcoin... when the this forum realizes that fact, they WILL delete the quote chain!   LMAO


Abstract Coin FTW!

When i get up tomorrow, i will have to send RichG and jubalix more AC
I'm done for tonight.
Thanks!