Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
Mrrr
on 17/02/2014, 22:50:11 UTC
Quote from: flayway on February 17, 2014, 10:39:09 PM
Quote from: superresistant on February 17, 2014, 10:24:00 PM
Quote from: flayway on February 17, 2014, 10:17:06 PM
Quote from: superresistant on February 17, 2014, 10:12:49 PM
Quote from: Wipeout2097 on February 17, 2014, 10:01:07 PM
Quote from: prabhu.str1 on February 17, 2014, 09:00:12 PM
Quote from: Wipeout2097 on February 17, 2014, 08:55:36 PM
Quote from: Nullu on February 17, 2014, 08:52:28 PM
Quote from: Wipeout2097 on February 17, 2014, 08:51:15 PM
You guys threw 2000 BTC into an unrecoverable address, because ...?
...deflating BTC makes it worth more.  Wink
Heh!  Wink
Good Lord.  Roll Eyes
Couldn't those have been given to Red Cross, Food banks and so on?
Top idea. Donate your BTCs to them
Answer the question.
In Proof-of-Burn, there is the word "burn" so you have to burn your BTC. If you give to the Food banks, then it is Proof-of-Food-Banks.
Hope this answer your question.
Maybe we can build around xcp some new donation system where moneys go then to Red Cross or some other destination? Any ideas how that can make working?

No it is too late. It was burned. There is no more Bitcoins.

Poor people starving on the streets... Maybe Proof-of-Burn is not that great ?

You understand wrong my question. I mean can we use XCP someway to make some new donation system.

The burned BTC weren't wasted, they were paid out as a dividend of 0.017257947% to all holders of Bitcoin (BTC quantity dimished, market cap stayed stable: more $ per BTC) Now if you, rather than complain about a perceived waste of resources, would donate your extra .017%, that was given to you by Counterparty, to charity; You could come back and complain.