my initial idea (not sure if it is good) was to have an asymetric market. lets say you want to create altcoin ALC. ALC are merge-mined with btc, though without block reward. to create 1 ALC you have two choices: destroy 1 BTC, or buy 1 ALC for a floating amount from an exchange.
in my book, this would automatically lead to a slightly lower price for 1 ALC, and an automatic ceiling of 1 BTC, since you could always sacrifice BTC to gain ALC. but it would not diverge drastically lower, since apparently somebody was willing to destroy 1 BTC to create it. maybe it could even trade slightly higher because traded ALC could be spendable instantly while sacrificed ALC would need a 120 blocks maturing period. the "beauty" of that system is also it does not inflate the cryptocurrency realm. Andreas Am 14.06.2013 23:10, schrieb Luke-Jr: > Note that the "earn a mixture of BTC and TBC, but not both in full volume" > only works for TBC because the price is by definition fixed with BTC. > I'm not sure how you could implement something like this for an altcoin where > the price is floating independently of Bitcoin.. that is, how you would know > the right amount of Bitcoin to require sacrificed. ------------------------------------------------------------------------------ This SF.net email is sponsored by Windows: Build for Windows Store. http://p.sf.net/sfu/windows-dev2dev _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
