Post
Topic
Board Altcoin Discussion
Re: Bitcoin backed by torrent files
by
bonsai99
on 10/07/2013, 03:01:27 UTC
I left out a few details.  The crypto economy can take on a multi party voting system comprising 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.  

The second sentence hurt my brain, so I stopped there.