I don’t have a lot of free time and so I would really appreciate your advice about something. I am planning a project. It’s a browser extension which allows people to donate money into existence. You can see a prototype in action here www.givemecredit.org
Before i can proceed with building a decentralised prototype, i need to know what can be done and how it can be done.
To start with, when someone clicks on a button i would like to create a coinbase transaction. Now, I’m guessing this can’t be done. So what other options are available to me? How do i control the rate of issuance from an app/toolbar? Can i do this using smart contracts or is there a better way?
P.S. I have posted about this before although i have since simplified it for the sake of getting something launched... http://forum.ethereum.org/discussion/1912/a-new-currency-for-greece