Quote from: blaaaaacksuit on August 12, 2014, 08:34:39 PM

Quote from: cmoffat on August 12, 2014, 08:19:28 PM

Hi to everyone,

I have read this entire thread. also watched the video.

I have one question.

Is it just me or is the clearinghouse system flawed?

If I have understood everything correctly. First of all no more xch can be created ever after the 45 day viacoin exchange period. Yet everytime you do something within clearinghouse like for example create an asset or contract to do so requires the destruction/burn of one or more xch. This would eventually mean that the world would run out of xch, so then what?

At that point the suns diameter would be about the size of the current orbit of mars so I think we have some time.

cmoffat asks a valid question. I'll wait for a real answer from btcdrak.