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Orestes (OP)
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October 29, 2019, 11:57:41 AM
Last edit: March 14, 2020, 08:33:00 PM by Orestes |
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Ankh (Place holder OP) Exploring Value ResonanceIn an industry where the standard is to focus on use case and product demand Ankh will explore the concept of value resonance. Value resonance is achieved when the value of two financial instruments are defined along separate axes while maintaining market cap parity, Ankh Trusts in countercyclical monetary actions to stimulate or dampen markets using its collateral as a hedge. | Ankh_Electrum | (0AE) - PoS |  | | Market Cap Parity | | Through_value_resonance_market_volatility is displaced from Credit to Electrum | | Disinflationary | | With a fixed reward rate, the procentual increase eventually converges from 2 to 0% of the total supply | | Cold Staking | | Splitting spending and staking rights across two public keys enhances investor security |
| | | | | | Ankh_Credit | (0AC) - PoW Argon2d-dyn |  | | ServiceNodes | | A_reward_based_network_of_collateralized full-nodes that offer functions to the network | | | Platform Oriented | | A mature ServiceNode network has the potential to provide a myriad of blockchain driven solutions | | | Fluid Protocol | | An on-chain parameter control mechanism that allows for fundamental changes |
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AirdropTo get a headstart we will allow all private holders of Credits (CRDS) or Sequence( SEQ) to participate. Credits holders will be credited Ankh Credit at a 1:1 ratio while Sequence holders will receive Electrum also 1 to 1. As with any airdrop you will keep CRDS and/or SEQ, this is not a swap. The initial supply of Ankh Credit is 8,000,000 0AC, Ankh Electrum starts with 50,000,000 0AE. On the 11th of November we will take a snapshot of both Credits (CRDS) and Sequence (SEQ), so that all public key balances are known for this blockheight. We will provide a Google Form on which you can register your public key with a signature that proves ownership. The signing process is simple and can be done through the wallet software either by using the Sign Message tab under File or by using the signmessage command in debug console. A more detailed how-to guide will be provided on the coming form. In order to receive your tokens you will need to provide us your Ankh Credit and Ankh Electrum return address through the designated form field. We will check your publickey signature and verify that you are indeed the holder of said key and simply look up your balance and credit to your return address. This will be a bit of a time consuming process and so we ask for a bit of patience. Credit supply creationBlock spacing 30 seconds or 2880 blocks a day Max supply 2^63-1, technical limitation Current rewards & collateral ServiceNodes 0.000 0AC Mining 0.026 0AC Collateral 50,000 0AC Target rewards ServiceNodes 7.3% per annum Mining up to 25% of the yearly ServiceNode reward divided by block creation Parameters will be controlled using the fluid protocol Example:
50 Active ServiceNodes
50 * 50,000 * 7.3% = 182,500 0AC per year
2880 * 365 = 1,051,200 blocks per year
50,000 * 7.3% / 365 = 10 0AC per day for ServiceNodes
182,500 * 0.25 / 1,051,200 = 0.0434 0AC per block for Miners
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barnes13
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October 29, 2019, 01:36:20 PM |
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Hi, by holding the airdrop as above does that mean Credits (CRDS) and Sequence (SEQ) are your partners? I want to learn more about this project, do you have a whitepaper to share and your future plans in the form of a roadmap? I don't see some important links in this thread, I hope you can add it too soon.
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Orestes (OP)
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October 29, 2019, 03:43:13 PM |
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Hi, by holding the airdrop as above does that mean Credits (CRDS) and Sequence (SEQ) are your partners? I want to learn more about this project, do you have a whitepaper to share and your future plans in the form of a roadmap? I don't see some important links in this thread, I hope you can add it too soon.
Hello barnes13, there is a common history with both Credits and Sequence, both projects remain as contacts. There is no curremt white paper, for now we are content to make sure that the wallets have a similar appearance, function as intended. We would like to keep them up to date and perhaps port over certain functions from one to the other. In the future we might add specific Fluid parameters to better accommodate changing market conditions. Of course secondary projects like Desktop wallets or Mobile wallets could be initiated. Small steps  |
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barnes13
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October 30, 2019, 04:56:11 AM |
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Hi, by holding the airdrop as above does that mean Credits (CRDS) and Sequence (SEQ) are your partners? I want to learn more about this project, do you have a whitepaper to share and your future plans in the form of a roadmap? I don't see some important links in this thread, I hope you can add it too soon.
Hello barnes13, there is a common history with both Credits and Sequence, both projects remain as contacts. There is no curremt white paper, for now we are content to make sure that the wallets have a similar appearance, function as intended. We would like to keep them up to date and perhaps port over certain functions from one to the other. In the future we might add specific Fluid parameters to better accommodate changing market conditions. Of course secondary projects like Desktop wallets or Mobile wallets could be initiated. Small steps Thank you for your reply! I understand you are in the stage of developing this project, but I don't understand your purpose in making this project. That's why I ask you to make it in the form of a whitepaper so that I can really understand what you are doing right now and how good the utility of your coins is. And I think it's better if you make a roadmap to give us a clear estimate, keep away from using the word "soon" because it can reduce our interest. Those are some advice that I can give to you, hopefully you can understand. |
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Orestes (OP)
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October 30, 2019, 11:39:38 AM
Last edit: October 30, 2019, 06:04:18 PM by Orestes |
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Hi, by holding the airdrop as above does that mean Credits (CRDS) and Sequence (SEQ) are your partners? I want to learn more about this project, do you have a whitepaper to share and your future plans in the form of a roadmap? I don't see some important links in this thread, I hope you can add it too soon.
Hello barnes13, there is a common history with both Credits and Sequence, both projects remain as contacts. There is no curremt white paper, for now we are content to make sure that the wallets have a similar appearance, function as intended. We would like to keep them up to date and perhaps port over certain functions from one to the other. In the future we might add specific Fluid parameters to better accommodate changing market conditions. Of course secondary projects like Desktop wallets or Mobile wallets could be initiated. Small steps Thank you for your reply! I understand you are in the stage of developing this project, but I don't understand your purpose in making this project. That's why I ask you to make it in the form of a whitepaper so that I can really understand what you are doing right now and how good the utility of your coins is. And I think it's better if you make a roadmap to give us a clear estimate, keep away from using the word "soon" because it can reduce our interest. Those are some advice that I can give to you, hopefully you can understand. I understand what you are asking for which is essentially why would there be any value to this project? In the current state the whole crypto industry is aiming for use case as the sole reason to drive demand but they are neglecting that without countercyclical measures value comes and goes, there is no damping in price oscillations. Because most if not all crypto projects want to stay 100% clear from central control due to legal reasons they are most likely without any means other then hording people into their project. Be it active marketing or providing use case for continual demand. The situation is a bit like a comparison between a row and a sailboat, where single coin but use case driven projects are actively rowing to get ahead we want to leverage the wind and sail to our destination (use case is secondary)  |
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abytecurious
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Activity: 28
Merit: 1
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November 01, 2019, 01:55:09 PM |
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I love the wallet. It looks clean and well made. The inbuilt miner is a great addition.
I am a little bummed by the mining reward though. 0.026 0AC Considering that you are offering an airdrop for CRDS (whose current block reward is 6 CRDS), I would rather mine CRDS now and get even 1 block in a day (potential 6 0AC) as compared to getting even 100 blocks a day giving me only 2.6 0AC. Any reason why the reward is so small?
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Orestes (OP)
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November 01, 2019, 04:49:27 PM |
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I love the wallet. It looks clean and well made. The inbuilt miner is a great addition.
I am a little bummed by the mining reward though. 0.026 0AC Considering that you are offering an airdrop for CRDS (whose current block reward is 6 CRDS), I would rather mine CRDS now and get even 1 block in a day (potential 6 0AC) as compared to getting even 100 blocks a day giving me only 2.6 0AC. Any reason why the reward is so small?
Thank you for the compliments, credit for the inbuilt miner goes to Duality Blockchain Solutions. Rewards are purposefully low but are bound to incease substantially over time, as the ServiceNode network matures so will their and the miner's total payouts. You are correct that at this time it is more profitable to mine CRDS however CRDS inflation is high while Ankh overal inflation is low. We are very conscious of the effects of inflation as a cost. |
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Yoshinori
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Activity: 66
Merit: 0
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November 16, 2019, 02:00:04 PM |
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Discord gaining some traction I see, Nice!
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Orestes (OP)
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November 18, 2019, 10:06:15 PM |
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Yoshinori
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Activity: 66
Merit: 0
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March 13, 2020, 07:15:45 PM |
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Orestes (OP)
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March 14, 2020, 08:34:26 PM |
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GoRdiE
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Activity: 162
Merit: 0
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September 30, 2020, 08:16:30 PM |
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Any explorers?
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mrankin
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March 02, 2021, 09:49:16 PM |
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Still no peers. I keep firing up the wallet once per month but never finds any peers.
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