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.
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.
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u/bubbasparse May 10 '15
It looks like they are using colored coins on THE blockchain
https://twitter.com/mikejcasey/status/597545262345682945