Quote from: KS on May 31, 2013, 11:59:42 AM

Quote from: jubalix on May 31, 2013, 10:53:33 AM

Quote from: wachtwoord on May 31, 2013, 07:52:35 AM

Quote from: jubalix on May 31, 2013, 07:49:21 AM

Quote from: wachtwoord on May 31, 2013, 07:39:03 AM

Fun experiment. Can I have a fraction of an abstract coin too?

wachtwoord

|JZARK777| (0.1 AC)Jubalix(0.999AC) -> wachtwoord

Thanks a lot!

As it stands the tx is invalid though you forgot a zero:

|JZARK777| (0.1 AC)Jubalix(0.099AC) -> wachtwoord

would be valid.

yes I see, rejected, hey this a pretty fault redundant system

|JZARK777| (0.1 AC)Jubalix(0.0999AC) -> wachtwoord

Who would have authority (decentralized) to invalidate a previously confirmed but erroneous transaction? peer review? how many peers?

i guess anyone does

if a tx appears to be invalid in anyway, no one is forced to accept it.

its up to the user to make it easy to prove they own some AC, being part of the quote chain is a good start.