Mark Friedenbach [ARCHIVE] on Nostr: š Original date posted:2014-04-10 š Original message:On 04/10/2014 05:19 AM, ...
š
Original date posted:2014-04-10
š Original message:On 04/10/2014 05:19 AM, Flavien Charlon wrote:
> By the way, padding doesn't solve the issue entirely (issuing 10 billion
> shares sill takes you 100 BTC, even with padding and 1 satoshi = 1
> share), so I am going for the solution where the asset quantity of every
> output is explicitly encoded in the OP_RETURN output. That way, whether
> you are issuing 1 share or 100 trillions, you never need to pay more
> than 540 satoshis.
At this point, I don't think what you are doing is even colored coins
anymore. You might want to look into Counterparty or Mastercoin.
š Original message:On 04/10/2014 05:19 AM, Flavien Charlon wrote:
> By the way, padding doesn't solve the issue entirely (issuing 10 billion
> shares sill takes you 100 BTC, even with padding and 1 satoshi = 1
> share), so I am going for the solution where the asset quantity of every
> output is explicitly encoded in the OP_RETURN output. That way, whether
> you are issuing 1 share or 100 trillions, you never need to pay more
> than 540 satoshis.
At this point, I don't think what you are doing is even colored coins
anymore. You might want to look into Counterparty or Mastercoin.