o0o0, Now is good time for you to buy IONs at 12K sats at 375% less than ICO Price of 45k sats...
That's not how percentages work.
Then again, if you could do basic math you wouldn't be holding those heavy bags.
Do the math for my proposal from BCT Trolls and comment on it? I have asked Adam Matlack & Richard Nelson via Wild's Depot Discord and email to read the IIP and provide me some additional verbiage in the Specification section? add in Matlack's concept of what functionality the masternode will do for each type of contract on the secondary ION network.
ION Improvement Proposal 2RIIP-WildOnION-Node-Responsibility
Author: WildShark
Status: Draft
Type: Process
Created: 07-04-2018
AbstractThis IIP introduces the system requirements and processing imposed on ION Masternodes in support of the secondary network of the ION blockchain. This IIP will require the implementation of Smart Contracts on the ION blockchain.
Plain language tl;dr
"Add Smart Contract functionality to the ION blockchain" - introduce the capacity to process contracts on the secondary network using ION Masternodes.
Effect: ionomy.com assets and gaming assets can be transacted and accounted for on the blockchain.
Effect: Smart Contracts creation functionality facilitates new use cases for ION.
Effect: Masternodes facilitate network scaling by offloading contract and token management from the core ION blockchain.. Fees for smart contract transactions performed by the masternodes can be distributed to ION masternode addresses and/or secondary token addresses.
Motivation
Smart ContractsIntroducing smart contracts on the ION blockchain would add functionality to the blockchain that increase the utility and scalability of the ION network, including an increased functional role for masternodes.
Specification
PWR-GRID Assets Contracts
This proposal would allow for game tokens using the PWR-GRID interface to be built on the ION blockchain and managed on ionomy.com website. The maximum number of different tokens on the blockchain shall not exceed the processing capability of the secondary ION network composed from active ION Masternodes.
Ionomy lTD Assets ContractsThe first Ionomy LTD assets on the blockchain for masternodes to process will be Atoms and Dark Matter transactions. These Ionomy assets will be manageable in the ION wallet or on Ionomy.com website. The Atoms asset will never change from 100,000 Atoms being created. The Dark Matter asset will never change from X tokens being created.
RationaleThis ION proposal is being substituted to replace IIP 0002. The IIP generates system requirements that insures a stable secondary network as ION blockchain grows in the future. This concept is very viable as shown with other coins when implementing similar functionality like CryptoKitties in one of the world's first blockchain games.
Backwards CompatibilityThe proposal is backwards compatible with website released after ionomy.com version 3.0 and ION wallet 3.0.4..
Reference ImplementationThe design of this proposal will be documented in the ION Program Design Specification (PDS) document maintained by the ION Core Team. Implementation of this ION wallet upgrade correctly will require commitment and a significant number of Man-hours from Ionomy LTD DEVs, the ION Core Team and ionomy community.
https://ion.community/topic/2787/ion-improvement-proposal-2-replacement