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Author Topic: 2013-05-14 Colored coins paint sophisticated future for Bitcoin  (Read 717 times)
ganabb (OP)
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June 15, 2013, 05:32:51 AM
Last edit: June 18, 2013, 02:36:42 PM by jgarzik
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http://www.coindesk.com/colored-coins-paint-sophisticated-future-for-bitcoin/

Bitcoin is a useful way to exchange money, but what if you could do other things with it? If bitcoiners could use it to issue shares, bonds and IOUs, or even to create alternative currencies atop bitcoins, they could add even more value to this innovative cryptocurrency. Bitcoinx, a community wanting to “democratize finance,” is hoping to facilitate just that, with a concept called “colored coins”.

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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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June 15, 2013, 04:05:51 PM
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Inb4 Kiba!

(I.e. date wrongly formatted...)
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