Buttcoin is growing, or could it be that euphoria is depleting? Either way, this is worthy of celebration. Let's have a buzzword-rich discussion about the fundamentals that got us where we are.

The Buttchain

Much like its decentralized but inherently flawed cousin, The Buttchain is an ongoing and publicly accessible chain of information, except that its use is exclusive to /r/buttcoin. It's centralized, trust based and no rational self interest comes into play when it comes to keeping the whole operation up and going. Just people doing their job.

Buttocks

Each post in The Buttchain is a Buttock. VERification and eternalization for Buttocks comes from our beloved and centrally governed but nevertheless autonomous /u/SnapshillBot.

Buttock Capacity for the Facilitation of Comedy Gold Transfers

The comment section of posts in /r/buttcoin (A.K.A. Buttocks in The Buttchain) allows users to facilitate unrestricted comedy gold tranfers. Unlike bitcoin's 2 transaction per second maximum capacity, The Buttchain uses Reddit's scalable Client-Server infastructure that has the potential to process virtually unlimited Comedy Gold Transfers. Comments don't need VERification but the ones coming from new shills might have to go through our centralized system in order to be processed by mods.

FeesReward

Unlike bitcoin, Comedy Gold Transfers are feeless and most of the time they're even rewarding. Aside of the endorphin boost experienced by laughing at the expense of butters, upvotes (along with the generous salary) seem to be giving a powerful incentive for shills to participate in the community constructively.