Post
Topic
Board Altcoin Discussion
Re: Bitcoin backed by torrent files
by
vintagetrex
on 10/07/2013, 02:47:56 UTC
I left out a few details.  The crypto economy can take on a multi party voting system comprised of the different mining networks used.  

The first person to code the structure for the new block chain, allowing for the creation of a new currency for each claim submission, can submit his/her work as the first claim, effectively getting the coins for the submission of the code for the system.  This cryptographically verified claim is going to be worth a ton of money soon.