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RE: Help WHALE always be given at Hogwarts to those who ask for it

in #whaleshares8 years ago

i wonder if we are talking about the same thing.. I am talking about how meta tokens are made. A quick search:

https://coincenter.org/entry/what-are-forks-alt-coins-meta-coins-and-sidechains

*"In order to create the initial meta-tokens (XCP) that would travel on the Counterparty protocol atop the bitcoin blockchain, the protocol’s developers did something interesting: they enabled any existing bitcoin user to obtain XCP by provably “burning” or destroying some amount of bitcoin, this is referred to as a proof-of-burn. The purpose of this setup was to create a fair initial distribution of XCP tokens, and avoid a situation where Counterparty developers (by selling XCP) would be enriched—perhaps unfairly—before the platform bore any real fruit."*