How would BTC-IOU look like?

Bitcoin Forum > Bitcoin > Development & Technical Discussion > How would BTC-IOU look like?

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Topic: How would BTC-IOU look like? (Read 818 times)

btcusr (OP)

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@_vjy

June 11, 2013, 03:56:44 AM

If IOUs were to be implemented in Bitcoin, then how would BTC-IOU look like?
Is it even possible to implement BTC-IOU with Bitcoin. I'm confused. Huh

DeathAndTaxes

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Gerald Davis

June 11, 2013, 03:58:56 AM

Your MtGox balance is an IOU. You don't have the BTC they do. They are just promising to allow you to withdraw your balance on command in the future.

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Bitcoin Forum > Bitcoin > Development & Technical Discussion > How would BTC-IOU look like?

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