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Showing content with the highest reputation on 10/09/15 in Posts

  1. GO TO Mangos and SignUp: (Be warned, super alpha stadium, everything can break every time) mangos.liv.io Mango generation:Every verified member gets one mango per hourDemurrage Fee: 20%To be fair in the long run and encourage spending of mangos during one year 20% of the mangos are decaying on every verified accountTotal Amount of Mangos to be generated per Person:In some years the money supply per participant would be quite stable with going towards 24 mangos * 365 * 5 ~43.800 mangos per participant at maximum Speed: 1sec interval1 seconds is one virtual minVerification MechanismYou can only
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  2. Fabrizio, where are you living? The simplest explanation for a relational currency would be: For each person there is a fixed amount of coins generated and yearly distributed between all accounts with a demurrage Fee like 5% or 10% So f.e. You, Arcurus and Me are starting each with 1000 Coins = total 3000 Coins We do some heavy, lovely trading of goods and services, now it looks like this: Me: 100 You: 500 Arcurus: 2400 Now every year, everyone will get 100 Coins as UD (Universal Dividend, 10% of the total Coins / 3 people) minus the DF (demurrageFee, 10% of each individuals account) Me: 10
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