Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Coin Shield - Protecting Quality in Crypto Currency Design
by
KryptoKash
on 19/06/2014, 05:28:38 UTC
Not sure I understand what is described fully, but definitely sounds interesting......will watch.
I added this in the opening post. I hope it helps clear things up:
How It All Works:
Coinshield lets users vote in any shitcoin to our system. When a shitcoin is added to our site we open a "channel" for it. A channel will simply let you deposit the shitcoin to the system and in exchange give you CSD. If you accept the trade the system will then take your shitcoin and dump it on active buy orders. The BTC that is generated from this process will then be used to build buy walls for CSD. Here is a better breakdown on how it all works.
Please CLICK HERE for a quick overview on the trade in process flow.