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General Discussion / Re: Article talks about BitUSD
« on: February 27, 2015, 07:58:24 pm »
Also "ultracoin" is mentioned (ultra-coin.com; project by reggie middleton). Did anyone manage to figure out how it works / what technology the project uses. I get that it is supposed to have "smart contracts" but what technology is used to process tx / update the ledger... is it decentralized in any way? It is so much blabla, it's hard to keep on reading about it...