I don't claim ownership of any ideas, but find the overall public advancement (or arguable lack thereof) in the cryptocurrency arena pretty interesting. My interpretation of the older paper in question is that it is some kind of hard-coded Bitcoin blockchain/sidechain centric multi-asset balance based reputation system: To keep this project realistic, the focus will be on re-using existing code, to support only Bitcoin-Multichain trading, only use a single market maker, and offer no anonymity or DDoS protection.
Frankly this sounds like a pretty toy / naive implementation of multi-asset / multi-settlement-system reasoning given the year of publication. However, it's still great to see people pushing in this direction, and I certainly don't mean to dissuade anyone.
