The platform implements two types of coins, denoted as Green Coins and Red Coins.
Green Coin:
is generated by mining; a1. is used in the computation of the weight of a chain; is bid by Stakeholders during the voting sessions; b1. can be used to pay transaction fees.
Red Coin:
is generated once in the initialisation block; a1. is a Stable Coin whose value is guaranteed by Ailia; a2. can be used to pay transaction fees.
The presence of these two coins makes a safe initialisation of the network possible, since the platform can be run from the beginning using Red Coins (which are mined only once and only by Ailia) and, when fully operational, the network can run the blockchain using Green Coins.[coins,crypto,blockchain,tokenization,miners,stakeholders]
The presence of these two coins makes a safe initialisation of the network possible, since the platform can be run from the beginning using Red Coins (which are mined only once and only by Ailia) and, when fully operational, the network can run the blockchain using Green Coins.[coins,crypto,blockchain,tokenization,miners,stakeholders]
To be more precise, since Red Coins are a Stable Coin and since the gas price of a smart contract computation is determined uniquely on the computational effort required to run it, users can safely purchase these coins at any time, with a fixed cost (in fiat) and a fixed amount of computation (smart contract execution) guaranteed by them. On the other hand, only Green Coins can be used by Stakeholders to vote Miners, and this makes Green Coins an important asset.
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