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Author Topic: Any Wise Owl?  (Read 56 times)
CoinAge.Cash (OP)
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October 13, 2025, 10:18:38 PM
Last edit: Today at 04:48:11 AM by CoinAge.Cash
 #1

https://coinage.cash/images/IMG_0138.png
https://coinage.cash/images/IMG_0139.png

https://coinage.cash/images/IMG_0140.png
https://coinage.cash/images/IMG_0141.png

Can some explain what they know about starting a Token (altcoin)?

Talk about my development starting from the ground up https://bitcointalk.org/index.php?topic=5562273.msg65918787#msg65918787 progress log if you was to say.
CoinAge.Cash (OP)
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October 14, 2025, 01:26:27 AM
 #2

Take a look at Stellar.

Make two accounts, call one the Issuing account the other the Issued-to account.

Set up a "trust line" in the Issued-to account "trusting" the Issuing account for whatever number you want of whatever label you want to label your token.

Then the Issuing account can send up to that many to the Issued-to account even though it does not have any itself so looks like it has none to send.

It does not get alerted that someone trusted it for something thus that it can issue that many of that something, only the "truster" knows that.

But assuming the "truster" tells the issuer to send them some, presto, issued.

The number your truster account trusts the trusted account for can serve as your reminder of total number you "issued".

Send to anyone else only from Issued-to account and that way you still know total number issued.

It is actually a bit weird the issuer doesn't get shown with a negative number, since the purpose is to track IOUs so one would think it would be handy to know how many "outstanding" IOUs you have issued aka how much debt you are in, how many of your IOUs remain out there somewhere waiting for you to "honour" them by buying them back...


-MarkM-



I wanted to make my own ERC-20. But I quoted you and put it here https://coinage.cash/viewtopic.php?p=27#p27
ROWDY111
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October 14, 2025, 11:46:01 AM
 #3

Take a look at Stellar.

Make two accounts, call one the Issuing account the other the Issued-to account.

Set up a "trust line" in the Issued-to account "trusting" the Issuing account for whatever number you want of whatever label you want to label your token.

Then the Issuing account can send up to that many to the Issued-to account even though it does not have any itself so looks like it has none to send.

It does not get alerted that someone trusted it for something thus that it can issue that many of that something, only the "truster" knows that.

But assuming the "truster" tells the issuer to send them some, presto, issued.

The number your truster account trusts the trusted account for can serve as your reminder of total number you "issued".

Send to anyone else only from Issued-to account and that way you still know total number issued.

It is actually a bit weird the issuer doesn't get shown with a negative number, since the purpose is to track IOUs so one would think it would be handy to know how many "outstanding" IOUs you have issued aka how much debt you are in, how many of your IOUs remain out there somewhere waiting for you to "honour" them by buying them back...


-MarkM-





What does this word salad even mean? It is just load of mumbo jumbo that looks like it was written by some Ai and then thrown into some word salad mixer and came out as a confusing mass of verbiage that means nothing only utter confusion. How can any normal person even understand what has just been written here or has it been devised like that in order to waste a persons time trying to decipher it?
CoinAge.Cash (OP)
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October 14, 2025, 11:16:43 PM
 #4

Take a look at Stellar.

Make two accounts, call one the Issuing account the other the Issued-to account.

Set up a "trust line" in the Issued-to account "trusting" the Issuing account for whatever number you want of whatever label you want to label your token.

Then the Issuing account can send up to that many to the Issued-to account even though it does not have any itself so looks like it has none to send.

It does not get alerted that someone trusted it for something thus that it can issue that many of that something, only the "truster" knows that.

But assuming the "truster" tells the issuer to send them some, presto, issued.

The number your truster account trusts the trusted account for can serve as your reminder of total number you "issued".

Send to anyone else only from Issued-to account and that way you still know total number issued.

It is actually a bit weird the issuer doesn't get shown with a negative number, since the purpose is to track IOUs so one would think it would be handy to know how many "outstanding" IOUs you have issued aka how much debt you are in, how many of your IOUs remain out there somewhere waiting for you to "honour" them by buying them back...


-MarkM-





What does this word salad even mean? It is just load of mumbo jumbo that looks like it was written by some Ai and then thrown into some word salad mixer and came out as a confusing mass of verbiage that means nothing only utter confusion. How can any normal person even understand what has just been written here or has it been devised like that in order to waste a persons time trying to decipher it?

I also thought that Rowdy!

here something I personally researched, no particular order. https://coinage.cash/viewtopic.php?t=13
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