A was brought up to Anarcoin and I that if we want people to commit to their bounties, that we have to build a sort of escrow bounty account so that people won't flake out on their bounties, especially with rising (was rising) prices of Litecoins.

We are trying to reach out to the Litecoin Association to try to work out a system that makes the most sense for us so please bear with us!

Also, I want to hear any ideas that you guys have, as you guys are what will make this system work and ultimately make the Litecoin community a much better place!

So please comment below on what ideas you guys have for our new revamped Bounty System.

Some Ideas that we've come up with thus far are:

A time frame of when a bounty needs to be done (30 days, 60 days)

A escrow account where funds will be released once the bounty is completed

Edit: We will be starting a website to handle the Bounty system.