If you have 2 coins both with multisig capability, can that commonality be used to establish an exchange rate between the 2 different coins?
Is there any high level documentation on multisig? Is there anything out there actually using it yet? Is namecoins ability to put more information in it's blockchain relevant? Is there somewhere to read about this that's a bit easier to understand?
+---------------------+
|Namecoin |
| |
| |
| |
| |
| |
+--------------+--------+
|Multisig|
+--------+ +---------------------+
| |Bitcoin |
\ | |
\ | |
| +--------+ |
\ .'Multisig| |
| .-' +--------+ |
+------+-------+ .' | |
|Something else|.-' | |
|not required? | | |
+--------------+ +---------------------+