I have a lot of the code finished, and have been writing test code for it. If there is enough interest I might be able to start with a few currencies to test the waters. Otherwise I could always hold back and create complementary mining pool software go alongside it.
There will definitely be interest. However, I must point out the obvious. Starting an exchange is a huge undertaking, the security issues alone is a nightmare. I have been a software engineer for over 10 years and I have worked on everything you can imagine, and I would be very hesitant to create an exchange because of the numerous headaches. But I do believe something like this would take BC to the next level. People would look at BC totally different if it was traded against other AltCoins.
Another option is to convince one of the established exchanges to implement this.
The feedback is helpful. Thank you.
My Have a BS in computer science and recently completed a Masters. I understand the risks involved, I have been building this code for over a year. This isn't a patch job, it is something I have been working on a long time and was planning to open an Alt-coin exchange but I think this might be more interesting.
I would like to find a mining pool to partner with from the beginning but it might be easier to start my own at least to start.