Schrödinger’s coin – a new word in cryptocurrencies

That is, the cryptocurrency transaction itself always goes through, but the presence or absence of a sum of money in its result is encrypted and is determined at the time of an attempt to pay it off. Thus, the amount can be distributed to several owners at once, however, who ultimately has it becomes clear only at the time of trying to spend it.

The number of maximum transactions of a monetary unit to other wallets, among which it is played out, is proposed to be equal to three. As the practice of playing thimbles shows, this is the most convenient number of possible outcomes for human perception.

Thus, the proposed cryptocurrency simultaneously has the properties of traditional monetary units, existing cryptocurrencies, as well as lottery tickets. And the mechanism of this cryptocurrency is reminiscent of the well-known thought experiment in quantum physics with Schrödinger’s cat, so it would be appropriate to call it Schrödinger’s coin, or Schrödingcoin.

Shredincoin has an interesting property: until the cryptocurrency is converted into fiat money, all transactions take place inside the cryptocurrency, and users have no information about which wallet received the money and which one turned out to be a non-winning lottery ticket. This means that all previous owners of Shredincoin do not know whether the amount of money passed through their hands, or only the possibility of owning it – until the moment the final owner tries to withdraw the amount into fiat. At this point, the current owner of Shredincoin, as well as one by one and all its previous owners, will find out if they had real money or a dummy in their hands. Which fully embodies the principle of the blockchain – at least in the part that is “chain”, and is also excellently illustrated by a falling chain of dominoes.

Thus, Shredincoin is an innovative cryptocurrency lottery financial system, which is good because its participants from the description of the mechanics of work immediately understand that the money invested in it becomes ephemeral Schrodinger’s cats that can die at any moment. But on the other hand, this is known immediately, and not only at the time of the bursting of the speculative bubble on the crypto-exchange. With what you all and congratulations! Also, April 1st!