Post
Topic
Board Bitcoin Discussion
Re: Bitcoins, or the ultimate proof of ownership
by
Frozenlock
on 15/08/2011, 11:17:57 UTC
The same blockchain is used. All they do is to publicly declare, for example, this Bitcoin from this transaction to be the master BTC.

How do you prevent it being mixed with other coins?


Yes I thought of the same thing yesterday.

It makes the whole a little less elegant.
I suppose you should check if more than the master BTC part is the product of the transaction, than it's "destroyed".

For example:
0.1 + 0.0001 (fee) = 0.1 Valid
0.1 + 1.0 + 0.0001 (fee) = Invalid