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Title: [2016-13-10] MineCoin Central Bank: Algo or human? Post by: hendra147 on October 13, 2016, 08:36:19 AM October 12, 2016, Kyiv, Ukraine – Minex Systems, invites the community to vote on certain key issues regarding the future operations of Minex Bank. Through this voting process, the development team intends to choose between algorithmic, decentralized and human controlled banking models.
Minex Bank is a critical element of Minex Ecosystem. With functions similar to that of a central bank, Minex Bank is responsible for the support, stabilization and regulation of the exchange rate of MineCoin against other cryptocurrencies. It is also responsible for handling deposits and financing. The MineCoin development team is currently facing an important question regarding the model of Minex Bank and they would like to get it answered from potential users and holders of MineCoin. They have opted for a voting process to ensure that the trust and transparency in the Minex Ecosystem is maintained throughout the development and implementation process. http://www.newsbtc.com/2016/10/13/minecoin-central-bank-algo-human/ |