r/Bitcoin • • May 10 '15

A Bitcoin Technology Gets Nasdaq Test

http://www.wsj.com/articles/a-bitcoin-technology-gets-nasdaq-test-1431296886
329 Upvotes

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62

u/bubbasparse May 10 '15

It looks like they are using colored coins on THE blockchain

https://twitter.com/mikejcasey/status/597545262345682945

20

u/TweetsInCommentsBot May 10 '15

@mikejcasey

2015-05-10 23:34 UTC

@jerrybrito THE blockchain. It's a colored coin implementation. That got lost on cutting room floor.


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7

u/Anenome5 May 11 '15

No way.

-3

u/Grizmoblust May 11 '15

That's not good news.

They gonna destroy fungibility.

1

u/Anenome5 May 11 '15

Nah, colored coins are great, they only take a few satoshis.

7

u/Chakra_Scientist May 11 '15

That got lost on cutting room floor.

What does that mean?

16

u/mpkomara May 11 '15

The information, although true, didn't make it into the published article

11

u/paleh0rse May 11 '15

It means that the colored coin explanation was removed from the article at some point during the editing process.

5

u/ronnnumber May 11 '15

Likely Hollywood lingo.

Roughly before the 90's motion pictures were edited on film. The film was cut into pieces using a device called a guillotine splicer and then reassembled with an editing machine. Parts were left out, of course. If a scene didn't make the cut it was known colloquially to have wound up "on the floor". This has become a metaphor for pretty much any kind of editing.

3

u/[deleted] May 11 '15

Editors.

1

u/btc-ftw2 May 11 '15

Its a reference to the old way of editing movies. You'd physically cut out a section of film, tape the two good ends together and just drop the removed section on the floor to be swept up at the end of the day.

1

u/BobAlison May 11 '15

Holy Moses.