At a first glimp I didn't really understand how the thing works. I'll try with the whitepaper. Will you have also social bounties?
I would have included images to show certain things but I'm not able to yet.
To try and explain here most easily:Users deposit cryptocurrencies into their Zempa Universal Wallet. Using their GUI, they can select which currencies they want to contribute to the Pool to be used by others.
User A deposits $400 worth of Currency A into the Universal Wal
let as well as other currencies.
They select Currency A to be accessible by the system for transactions.
User B deposits $600 worth of Currency B into the Universal Wallet and selects their currency to be accessible by the system for transactions.
User A initiates a transaction online requiring Currency B, which they do not currently own as confirmed by the system first.
The system calls the Universal Wallet to locate an available sum of that currency matching User A’s desired amount.
The system then calculates User A’s current holdings against the current market value to ensure they can replenish the value of the desired currency’s value, wherever it may come from.
Once User A’s holding value is confirmed, the system looks to internal stock of the desired currency to complete the initiated transaction. If the internal stock is depleted, the system looks to contributing user holdings for the desired currency at which point User B’s available Currency B is calculated against current market value.
Once the desired sum of Currency B has been discovered and calculated, the transaction is completed on behalf of User A. The value of Currency B is reassigned from User A in Currency A to User B as well as a reward in Zempa for having the desired currency available.
User B may then go to the ZempaCoin.com business directory to spend their hard earned rewards on products or services at a discounted price, hold them or trade them on various exchanges.
User A saved a great deal of timeavoiding what could be multiple transaction confirmations as well as fees typically incurred during such an exchange in order to obtain the desired token.
Thank you, this is a very good and clear short explanation!
