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Author Topic: ANN [DECENTRALIZED] A Digital Form Of Food Stamps  (Read 115 times)
myfoodstamp (OP)
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November 26, 2017, 08:52:28 PM
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Food Stamp

Idea Behind digital version of FoodStamp

Initially we had the idea in early 2013 to start the food tokens but then the project didn't take off But recently we took the project again in hand and started a new pos model of FoodStamp with strong fundamentals and ideas we are giving it a try to build a infrastructure on food chain online As foodstamps have most popularity in UnitedStates the concept is not enabled in many countries We wish to enable the concept in many countries especially countries effected with drought and earthquake.

With the starting of our new foodstamp chain in 2017 we will be initially donating 1000 USD to the parts of Africa.

Since there is no ICO model implemented everything is self funded and pre-mine would be used for further project development

Foodstamp is completely PROOF OF STAKE after the PoW 1000 Blocks it will be a fastest chain of 2 confirmations which is also currently in experimental stage.

We will be the first to implement the fastest foodchain for people around the world as no one likes to keep waiting in the restaurant,malls to pay their bills With foodstamp while you want to wait With 2 confirmation the transactions made on the foodstamp Chain will almost be instant and there would be no need to wait while you pay your bills.

Lowest Fees
Fees on the foodstamp will be the lowest to almost 0 We aim to bring the FoodStamp around the world with our reliable food chain.

Services
As this is our initial launch today we will be giving foodstamp as a reward the instructions to receive the foodstamps will be through twitter medium.

Advertisement
We will be adding mailing list of more then 100,000 Restaurants for people if they wish to help in our project for mass awareness We will personally buy google listing for our new chain as well.

Wallet
Currently we will have Windows , Linux platform for wallet and soon MAC will be supporter.

BlockExplorer
We shall soon add blockexplorer within a few days

Who will use foodstamp?
Foodstamp will be used by majority of people exchanging their digital stamps for food and drinks. We also aim to help the store owners to make them understand about the digital version of foodstamp.

Github - https://github.com/myFoodstamp/Official-FoodStamp
Website - Coming Up

Type PoW/PoS
RPC Port - 26936
P2p Port - 26935
Block Reward- 10,000 Coins
Address - S
PoW Last Block - 1000
Coin Maturity - 10 Blocks
Time Spacing - 64 Seconds
Target Timespan - 1 Block
Transaction Confirmations - 2 Blocks
PoS Interest - 10% Per Year
Premine 20%
Total Supply - 5.2 Billion
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