BitShares Forum
Other => Graveyard => MemoryCoin => Topic started by: FreeTrade on January 09, 2014, 06:44:17 am
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Not sure if we want to unleash this on the altcoin world, but wanted to make the community aware of the possiblity of cross-coin tipping.
Here's how it would work
1. Someone presents an address for tipping, let's say it is a FTC address.
2. You enter the FTC address in the MemoryCoin wallet send field - it converts it automatically to an MMC address.
3. Send
4. Alert the recipient - they import their FTC private key into MemoryCoin wallet.
The big potential problem is that the user may not have the private key to their address - they might be using an exchange address - then the funds are lost, or only accessible by the private key holder.
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How would the exchange rate be calculated?
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No exchange is taking place - you'd just be sending MMC to a MMC address.
*note, this is not possible yet in the interface, just wanted to put it out there.
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Good idea, I could use this for the charity award.