4 ms·
Proposal for Mt. Gox: New "Goxcoin" blockchain
Assuming that all the MtGox bitcoins are gone, this is my proposal.
MtGox creates a new blockchain called "Goxcoin". The genesis block will distribute coins to all the cheated customers. Each customer will need to generate or be issued a Goxcoin receive address.
Since the MtGox failure is going to affect a sizable percentage of bitcoin holders, this alternate blockchain has a viable chance of succeeding.
What do you think, HN?
- gekkonaut 13y agoI propose the protocol enforces a random shutdown period for days at a time. This would be for no reason other than "market cooling". Also, the logo should be a frappuccino.
- catinsocks 13y agoI think people should lose their money and learn why it is a bad idea to keep your bitcoins in something pretending to be a bank, an exchange, and other things all in one.
- debacle 13y agoI think this would be a big nail in any coffin that Bitcoin may or may not have.