Skip to content

BiznatchEnterprises/DynamicToken

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

20 Commits
 
 
 
 
 
 

Repository files navigation

Dynamic Token 1.0

Rare dynamic crypto-asset (theory)

© 2017 Biznatch Enterprises

General Public License 3.0

General Stats

  • Max unique tokens/coins = 238328 (62^3)
  • Max daily inflation = 72
  • Max hourly inflation = 3
  • 238328÷72 = 3310.111111111 Days to "mine/find" all tokens
  • 3310.111111111 ÷ 365 = 9.068797565 Years to "mine/find" all tokens
  • Divisible up to 7 decimal points
  • Total units: 10^7 = 10000000×238328 = 2.38328×10¹²

Unique Identifier

  • 0-9 = 10
  • a-z = 26
  • A-Z = 26
  • Chars = 62
  • Token ID = 3 chars long ex: 9Ax

P2P Database Format

  • Token: id, timestamp, minerid
  • Mining Validation: txtid, timestamp, tokenid, validation1-hash, validation1-user, validation999-hash, validation999-user
  • Token Transfers: txtid, timestamp, gross-amount, net-amount, from, to-1, to-2, to-3, to-999
  • Transfer Validation: txtid, timestamp, fee-amountpervalidation, validation1-hash, validation1-user, validation999-hash, validation999-user
  • Automated Transfers: contractid, created timestamp, execute timestamp, from, amount, to-1, to-2, to-3, to-999

The need for efficient digital asset transfers

"Each Bitcoin transfer represents enough energy to run a comfortable house, and everything in it, for nearly a week." - https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change?utm_source=mbfb%3Futm_campaign%3Dsharebutton

Contribute to development

  • Bitcoin: 149zvsiUMGfRxu3Z3wn2rUNX5Jk6HtEbPu

[A work in progress]

About

Rare dynamic crypto-asset (theory)

Resources

License

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published