Plan to run private smartcoin TCNY

[Empirical1.2]

Good luck

If it's successful,  you should get more voting support then all you'll need is a few developers & CNX will be obsolete.

[bitcrab]

应该一式两份，中英文各一
毕竟主要用户是中文区不是嘛

最早的计划是在中文区发的，内容基本一致，这个主要是给老外看的。

[ebit]

 

[libaisan]

应该一式两份，中英文各一
毕竟主要用户是中文区不是嘛

[bitcrab]

transwiser plan to create and run a private smartcoin TCNY.

at first, the parameter of TCNY will be as same as BitCNY except:

1. feed_lifetime_sec will be 7200
2. force_settlement_offset_percent will be 2%

the first change is to make the feed price to trace actual market price more closely. the second change is to make 1:1 pegging possible and attract merchants/customers.

we will have a TCNY committee, which will control the parameter of TCNY by votes, at first there will be 4 memeber, below are their accounts and weights:

1. bitcrab 3
2. baozi(alt) 1.5
3. gulu 1
4. harvey 1

the committee's task is to manage the parameter of TCNY in a decentralized manner, prevent TCNY from being hurt by one single dictator, in the future we will invite more member to join the TCNY committee if necessary.

transwiser will provide gateway and market maker service for TCNY.

we will try to make TCNY an attractive smartcoin for traders, merchants/customers and speculators. hope we can get support from community, witnesses and developers.

transwiser.com