Quote from: namecoin on April 07, 2015, 10:13:16 PM

Care to elaborate more?

Made some corrections and changed word usage from "pegging" to "pinning".

The concept is more like atomically teleporting units of value across blockchains and the intent is creating an environment for hyper distributed trade within the blockchains ecosystem. It appears to be the least complex solution with the best security for all blockchains. This will work for almost any blockchain except the crypto-note derivatives which may not be able to be colored though they can be time-locked allowing the value unit transferred to external chains.

This would allow exchangers to choose one blockchain for which they can have a smaller set of protocol based security practices to work with. At first glance it is a better way to hold tokens of value, eventually it might be a decent way to trade multiple blockchain tokens on the blockchain of the users choice. It could also help Colored Coined adoption and development in the end.

Mods are welcome to move this post to an "Altcoins" appropriate board if this is unfit for this board.