Post
Topic
Board Altcoin Discussion
Re: DestroyCoin
by
notme
on 18/07/2012, 07:00:23 UTC
Would you use a crypto-currency backed by destroyed Bitcoins? You would send some Bitcoins to a specific blackhole at a certain time and the blockchain would credit you with 1 DestroyCoin.

Once all Bitcoins are destroyed, there would be a total of 21 million DestroyCoins.

Miners would be paid through transaction fees alone.



How do I know you don't have a key for this blackhole?