Currencies layered on top of bitcoin? What does this mean?

Can anyone explain (in layman’s terms) how currencies are “layered on top of” bitcoin… It allows for transporting other currencies inside bitcoin code?


Maidsafe coins now, but not always??

Take a look at this bitcoin wiki entry.


perfect. thank you!

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To explain the maidsafecoin part: they are layered on top of bitcoin with the mastercoin (now called omni) protocol. When the network is live you can convert the maidsafecoins into the real network coin called safecoin. When you’ve got the safecoin there’s no relation to any bitcoin technology anymore, it will all be the SAFE technology.