Crowdfunding Campaign Reborn

26/04/2018

Hello dear readers,

It's been some time since I last could make an update. I hope that you are all doing well!

The Crowdfunding for Kingdom of Fujiwe - Game has not done well since Stripe, the payment processor, blocks everyone who wants to donate to my campaign due to currencies issues.

I thus initiated another type of Crowdfunding: a crowdfunding through the cryptocurrency Ark. You can find out about it here

For those of you who aren't familiar with what cryptocurrencies are, or who only heard of Bitcoin, let me give you this definition:

Cryptocurrencies are like online wallets where you see tokens.  In this case, the token is called Ark. It's currently exchanged at the rate of 1 ark = 2.50$, but it fluctuates between 3$ and 1.50$. The people who make the network run smoothly are called delegates, and they are voted for by the members of the community. To vote, you simply go to your wallet and click "vote" then chose your delegate. Delegates each have different purpose/roles in the community. 

They write a proposal — you can find the proposals here: https://arkdelegates.io/ — and you can choose who to vote for. The TOP 51 delegates are responsible for processing the transactions however they have no direct control over them, they only ensure that all transactions are smoothly going across the network. 

By voting for someone on the TOP 51, if their proposal indicates that they do, you can get compound interests added directly to your wallet. Think of it as a fidelity program where each bracket of token rewards you a certain amount of new tokens. They are paid out at the frequency indicated in the delegate's proposal.

Unlike bitcoins and others of the like, this system makes no use of what you may have heard of as "miners" which are specific hardware that consumes tons of energy and eat away the planet. If you are puzzled about the word "decentralization" that so many uses, in simpler words, it means that each person is both a user and verification agent. 

In Ark, the delegates, all of them, not just the TOP 51, are the Verification Agents. Their version of Ark verifies that the blockchain is always accurate and that no one double spends their tokens, or modifies the records. Since there is no way to know who has the software or not, that makes it impossible to hack and change data on the blockchain.

Said blockchain, in simpler terms, is the record of ARK token transactions. Who gave tokens to who, and how much. In case you are afraid of people seeing who you are, let me show you how you are called in the ledger: "DStZXkgpEjxbG355nQ26vnkp95p24U9tsV" so unless you have/had very mean parents, your name shouldn't be close enough to your real name for anyone to call you and ask why you got X arks!



Créez votre site web gratuitement ! Ce site internet a été réalisé avec Webnode. Créez le votre gratuitement aujourd'hui ! Commencer