MulticurrenciesBackgroundMulticurrencies are multiple first-class currencies carried on a single block chain. The multicurrency platform is not a single "coin", but an evolving technology that will have major revisions. A rough, incomplete, summary of mulitcurrencies can be found in the locked thread:
https://bitcointalksearch.org/topic/multicurrencies-1170055The first version is presently running in testnet for BreakoutCoin (
https://bitcointalksearch.org/topic/annbrk-breakout-coin-sale-june-13-2016-multicurrencies-smart-contracts-808648), which was chosen to be the initial application for the multicurrency platform. It is acknowledged that BreakoutCoin has had some delays, but these issues are completely independent of multicurrencies, which engaged with BreakoutCoin long after its inception and coin sale.
BreakoutCoin is technically a proof of stake coin. However, the multicurrency platform allows for any combination of PoS and PoW, including pure variants of either.
Multicurrencies open dozens of use cases that may not be obvious at first consideration, especially when coupled with smart contracts, staking, and other technologies.
For example, BreakoutCoin represents the first decentralized asset where the principal, Brocoin, is separated from its interest earning potential, Brostake, which stakes Brocoin. Both Brostake and Brocoin have all the properties of any true first-class currency, including native support by the Bitcoin input-output transaction mechanism. This means, that for the first time in the history of decentralized assets (and perhaps in the history of finance in general), separate markets can exist for principal and its interest earning potential.
With the first version of the multicurrency platform complete, I have decided to make an unmoderated thread for community discussion and feedback.
The testnet code is closed source at the moment, but will be opened soon after release of BreakoutCoin.
All testers are welcome. I will send free testnet coins to any testers who make a request through PM. Stakers are especially encouraged and will need to supply a Brostake [BRX] address.
The BreakoutCoin community has become sizable, with much interaction at brocoin.slack.com. Please PM user BreakoutCoin (
https://bitcointalksearch.org/user/breakoutcoin-375738) to request an invitation to the slack channel if you are interested in more direct contact with either me or the BreakoutCoin team.
Downloadshttps://github.com/multicurrency/Breakout-Releases/blob/master/README.mdTestnet Block Crawlerhttp://bro.cryptocertify.com/BlockCrawler/block_crawler.php