10 Feb 2019 ( 5 Adar I 5779 )
Announcing the first release of Ginbit, is a third generation of blockchain with the ability to execute smart contracts and with a mechanism for stabilizing volatility utilizing an emission algorithm.
This is the first coin that can be used for payments and capital preservation in everyday life without fear of exchange rate jumps. In addition, it is the first open decentralized financial system with the opportunity to earn money on servicing payments and trading in financial licenses.
Paper (truncated version): Ginbit - The distributed decentralized financial system
The evolution of crypto-currencies has revealed certain strengths and weaknesses concerning volatility and its effects on the development of projects associated with various types of blockchains. Facts reveal that volatility can be an inherent strength within the crypto-economy, and was necessary for the successful promotion, the creation of popularity and anticipation in markets. However, volatility can also undermine the development and use of crypto-currencies as they apply to payments, micropayments, accumulation and preservation of capital, investments and profit-sharing.
What is evident is the need for a system which can utilize the advantages of blockchains. Such advantages include decentralization, absence of trusted third-parties and anonymity, all of which contribute towards a solution to the problem of volatility associated with the use of crypto-currencies in everyday transactions, while simultaneously fueling market interest and enthusiasm in new payment systems, or in other words keep the market speculative attractiveness.
!! The software is still alpha and experimental. There's no guarantee the system's state won't have to be restarted or stopped. I assure you, all the components will be public as open source in the very near future.
You can get coins by asking one of the gateway license holders. You can find the addresses of gateway licensed wallets in Ginbit software under the UNL list menu. Another way is to ask someone to send you some.
Satoshi Nakamoto, Nik Sabo, Margrit Kennedy and other guys - everybody knows ;)
Kobs, Max, Tati, Saiset project team, Karolina and Brian.
Thanks for being there.
Adam Blishem