Hi, I just read about that formal keyhotee ID need to be "mined" when it's formally released. I just can't imagine the mining process, can someone explain it for me? Thanks in advance.
Not like mining a certain number of bitcoin, an ID needs to be selected and submitted to the system first. Does mining an ID mean I need to input my ID first and then wait for my wallet to mine a block so that it gets into the block chain? If so then the registration can be very slow when difficulty goes up. If not then any client can easily create a lot of requests to flood the system. I know I can be totally wrong, any help is appreciated.
Secondly, if keyhotee Id need to be mined on a block chain, will it honor PTS and AngelShares? How?
Thanks again.