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Technical Support / Re: How to fund fee pool of my UIA
« on: November 22, 2015, 02:12:11 pm »
Thank you for letting me know!
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It has to be reversible.
I'm not technical so I can only come up with ideas, but can't the blockchain hold onto the private key of the BTC address where nobody else can see, and use it to unlock it whenever the trader tries to redeem his/her real BTC?
I was imagining a cloakroom type of mechanism, where you hand over the receipt when you go home, and you get your coat back on the way out.
freebie has been playing with this concept for a while for its approach to decentralization of *coin transactions, the technology for this solution does not YET exist, but is theoretically possibly.
this is one of the issues we will be tacking going forward, and would love any suggestions