>>9
There are ChanCoin-Banks(single server, like world2ch.org) and ChanCoin-Networks(a network from small PCs together forming a network, like IRC?) that has a ChanCoin-sheet. A ChanCoin-sheet(like http://world2ch.org/board/) stores all ChanCoins in that ChanCoin-Currency.

ChanCoin-sheet do have a fixed value on how many ChanCoins there can be. Everybody that use that ChanCoin-Currency has the right to access and look in the ChanCoin-sheet on all the ChanCoins. That is to verify that you own that ChanCoin from the KEY you got when traded something for a ChanCoin.

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Anybody can make a new ChanCoin in the ChanCoin-sheet. When a new ChanCoin is added, one ChanCoin needs to be deleted. The ChanCoin that will be deleted is the ChanCoin with least value. A ChanCoin gains more value when it is trade with. The person that makes a ChanCoin will be the owner of that ChanCoin. A ChanCoin that is created has a high enough value to not being deleted but a low enough value to not being treated with high value when it is created. If he/she loses the ChanCoin it will get deleted, even if it can take long time for high ChanCoin in value. The ChanCoin value is stored in the ChanCoin-sheet for everybody that use that specific ChanCoin-Currency to see. This is important, as:The people who trade ChanCoin with lower value, are risking more chance to lose there ChanCoin. This makes the valuable ChanCoin more valuable for the upper class in society who want to save there money for example. As ChanCoin with higher value has a lower risk to get deleted.

If people want to save there ChanCoin there is only two ways:

1. No new ChanCoin needs to be added to the ChanCoin-sheet.
2. The ChanCoin must always be traded with.

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[ChanCoin]
When a new ChanCoin is added. A new ChanCoinID need to be added to the ChanCoin. It will be a new number or the number that the last ChanCoinID had when deleted. The first part of the ChanCoin contain only a HASH. After that a KEY and a HASH when new owners get the ChanCoin. The KEY to the HASH only knows the owner of that ChanCoin. For a new owner to get the ChanCoin, he/she needs to verify that they know the KEY to the HASH of that ChanCoin. Then add a new HASH to tell the other people that that ChanCoin has a new owner.

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[ChanCoin-sheet Algorithm]
This is different for ChanCoin-Currencys. But basic is:

1. There is a limit on how many ChanCoin there can be.
2. When a new ChanCoin is added, the lowest ChanCoin with value will be deleted.
3. When a ChanCoin is traded its gets value.
4. If a ChanCoin is not traded it will lose value and can be deleted.

SomeNotesOnThis:
Majority of the ChanCoin will have a low value and not be used, building up a pyramid for the ChanCoin with higher value.
A ChanCoin may lose it value over time even if traded.
One can make artificial the value of a ChanCoin higher, by trading it with your self. This should freeze the ChanCoin or delete it.

NOTE:Yes, I am just making up words here.
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Key:YoyNiggerHitlerSwag
New hash:94aab68b4cb96f6180d36135c87c11b4
I am still OP even if I have a new IP- address.