Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CHA] Chancecoin protocol, client, and coin for decentralized dice betting
by
magician
on 08/04/2014, 01:20:08 UTC
So...at a technical level, how exactly will someone be able to obtain CHA by simply sending BTC to your burn address by simply "using Bitcoin wallet software"?  Is that really all that is required?  Or is the protocol actually more rigid (as it was with Counterparty), and do individuals casually sending BTC to your burn address risk losing their hard-earned BTC if they fail to meet that protocol's format requirements?  !

That's really all that is required. For interpreting burns, Chancecoin is less rigid in that it will credit CHA to the first input address as long as one of the output addresses is the burn address. So you can burn BTC into CHA using any wallet software without worrying about losing your hard-earned BTC.