What is a token pool?
In the Cardstack Network, customers will usually deal with more than one service provider. To enable frictionless billing of mutual customers, we use a smart contract called a “reward pool”. This is like waiters pooling their tips by putting them inside a jar. At the end of the night, they determine what portion of this tip jar goes to each person, just like we figure out what portion of this reward should go to each service provider, based on some usage accounting.
To know how much that reward pool is worth, especially when it contains multiple fluctuating tokens, we need Tally—our accountant or bookkeeper. Tally knows which transactions are happening on-chain and can access cryptocurrency-to-fiat exchange rate services, to calculate the current market rate of the reward pool.
Hear more about the token pool: https://youtu.be/FwO_ZGCk410?t=1070
Topic: [ANN][ICO]Cardstack: The Experience Layer of the Blockchain + Tally Protocol - page 22. (Read 48404 times)
October 04, 2019, 08:23:39 AM
October 04, 2019, 12:52:59 AM
Does cardstack have an adoption roadmap? Really starting to feel the project isn't gaining enough traction or even use cases. Maybe the team should also look at making it blockchain agnostic or interoperability features. There's just too many "Web 3.0" projects out there that seem to be 3.0ing better
Here you have a link to the article: https://medium.com/cardstack/cardstacks-development-frontier-a72d3d73c279
The team are looking into an updated roadmap! The team recognise the need for interoperability between chains and are working on it!
October 03, 2019, 03:40:59 PM
Does cardstack have an adoption roadmap? Really starting to feel the project isn't gaining enough traction or even use cases. Maybe the team should also look at making it blockchain agnostic or interoperability features. There's just too many "Web 3.0" projects out there that seem to be 3.0ing better
Here you have a link to the article: https://medium.com/cardstack/cardstacks-development-frontier-a72d3d73c279
The team are looking into an updated roadmap! The team recognise the need for interoperability between chains and are working on it!
October 03, 2019, 02:00:26 PM
Does cardstack have an adoption roadmap? Really starting to feel the project isn't gaining enough traction or even use cases. Maybe the team should also look at making it blockchain agnostic or interoperability features. There's just too many "Web 3.0" projects out there that seem to be 3.0ing better
October 03, 2019, 10:07:27 AM
Developers, this talk is for you! In case you missed it, here’s a chance to learn all about card schemas. They are essential, as they define what a card is and its relationships with other cards, plus they allow these cards to move around!
https://youtu.be/xL7opLril_4
September 28, 2019, 02:16:04 AM
Given such an innovative and consumer-oriented enterprise, Cardstack directs its power to a decentralized payment system. In general, the huge change that he is going to present to society will surely attract a lot of extra eyes, and this will certainly become a problem for digital payments 
September 27, 2019, 01:38:37 PM
Yesterday, Cardstack hosted Ember Meetup at our office in One World Trade Center. Our team senior developers Ed and Hassan both shared their insights about Ember, Blockchain and Cardstack to a passionate group of developers. Here are some photos that captured the highlight of the event
September 26, 2019, 11:30:39 AM
Watch Jen Weber’s new developer series on how to enable authentication on Cardstack Hub. By the end of this tutorial, you will be able to program access control for who can and who cannot access your Cardstack Application: https://www.youtube.com/watch?v=VAmy6dOo-3Q
September 24, 2019, 02:42:34 PM
A prepaid card is a store balance that facilitates the providing of services in the Cardstack Network.
As a customer, you deposit fiat or cryptocurrency into a virtual prepaid card. This card has an address (similar to a credit card number), an original value (your deposit), the amount you have spent so far (measured in USD cents/§), and your available balance (which is denominated in USD, but may fluctuate based on the market value of the currency you used to buy that prepaid card). Now, you can use your card to pay for services wherever the CARD Protocol is accepted. Service providers will simply bill you by deducting your usage fees from your balance. In essence, this prepaid card is meant to be the pass for all the things you can do in the Cardstack Ecosystem.
Wanna see Chris talk about the concept of a prepaid card? https://www.youtube.com/watch?v=FwO_ZGCk410&t=165s
September 20, 2019, 05:48:43 AM
We can conclude that it is worth buying on the exchange. Of course, no one can accurately predict that this will be the future, but after studying that it becomes obvious that the future of this cryptocurrency can be pretty good. 
September 19, 2019, 11:13:12 AM
In most systems, developers run the server, so the user’s files are stored in the developer's data center. At Cardstack, developers deploy their cards to the Cardstack Hub—the decentralized application server that powers the entire system (connecting to various data sources like devices, clouds, and blockchains), which is run by service providers of the users’ choice. This way, users have their own hub/server, their own little personal cloud, where they have all their code—whether it’s for note-taking or music-making or image-editing. It can be hosted by a service provider, but it belongs to the users.
September 18, 2019, 03:29:36 AM
2019 is just a real reality check to people in this space that most of these ICOs has no chance of success but the most interesting thing people are not asking is what the team has done with $30 million, what is their burn rate. I just feel it would be better for these guys to return investors their money, divide the amount left by the number of tokens in circulation and pay us back our money, all these try and error with people's money must stop
I don't think they'll be able to return/refund, They've probably used most of the funds for making the product/hiring. Although it would nice to see transparency report from them. It is impossible for us to get a refund from the companies after we purchase, already it is one year old which most of the funds they used for developments and recruiting the people. Yes, when we see some developments and updates from the company will help us to hold the coins because it is not a one day process to become successful with the crypto projects.
September 17, 2019, 01:01:22 PM
A customer uses a prepaid card to pay a service provider, by staking some crypto value into the smart-contract-based token pool (where all crypto assets are pooled together). Customers who only have fiat money can buy prepaid cards from retailers, who do the staking on their behalf. Through usage accounting (on-chain and off-chain), we meter the usage and provided services across the network. Tally (acting as the accountant or bookkeeper) marks the prepaid cards, the value, and the spend history to market—so that people know how much they can deposit, how much their deposit is worth, and how much can be withdrawn.
For more details, check out this part of Chris’ talk: https://www.youtube.com/watch?v=FwO_ZGCk410&t=710s
For more details, check out this part of Chris’ talk: https://www.youtube.com/watch?v=FwO_ZGCk410&t=710s
September 13, 2019, 11:55:08 AM
Congratulations Chris Tse & Hassan Abdel-Rahman on being granted a patent as co-inventors for rights transfers using blockchain transactions by the USPTO (United States Patent and Trademark Office)! This work, which was done as part of Monegraph in 2014, laid the foundation for a lot of digital collectible projects ever since.
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10380702.PN.&OS=PN/10380702&RS=PN/10380702
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10380702.PN.&OS=PN/10380702&RS=PN/10380702
September 12, 2019, 08:44:03 AM
Get ready for EmberCamp! On Sept. 16, our lead developer Ed Faulkner and our engineer Jen Weber will give a talk at the second annual EmberCamp in Chicago. Learn more about the event and/or buy tickets: http://embercamp.com/
September 12, 2019, 03:36:55 AM
2019 is just a real reality check to people in this space that most of these ICOs has no chance of success but the most interesting thing people are not asking is what the team has done with $30 million, what is their burn rate. I just feel it would be better for these guys to return investors their money, divide the amount left by the number of tokens in circulation and pay us back our money, all these try and error with people's money must stop
I don't think they'll be able to return/refund, They've probably used most of the funds for making the product/hiring. Although it would nice to see transparency report from them. It is impossible for us to get a refund from the companies after we purchase, already it is one year old which most of the funds they used for developments and recruiting the people. Yes, when we see some developments and updates from the company will help us to hold the coins because it is not a one day process to become successful with the crypto projects.
September 11, 2019, 03:14:51 PM
A new update from the Cardstack team!
Our engineer Jen Weber recaps her experience at the ETHBoston hackathon she attended last weekend. Jen talks about the different challenges faced by developers; she provides tips for hackathon sponsors to improve the developer experience; and finally, she explains how her takeaways from this event tie into Cardstack’s strategy and potential.
https://medium.com/cardstack/out-of-the-box-tools-for-outside-the-box-thinking-464f622ba0df
Our engineer Jen Weber recaps her experience at the ETHBoston hackathon she attended last weekend. Jen talks about the different challenges faced by developers; she provides tips for hackathon sponsors to improve the developer experience; and finally, she explains how her takeaways from this event tie into Cardstack’s strategy and potential.
https://medium.com/cardstack/out-of-the-box-tools-for-outside-the-box-thinking-464f622ba0df
September 06, 2019, 12:04:24 PM
2019 is just a real reality check to people in this space that most of these ICOs has no chance of success but the most interesting thing people are not asking is what the team has done with $30 million, what is their burn rate. I just feel it would be better for these guys to return investors their money, divide the amount left by the number of tokens in circulation and pay us back our money, all these try and error with people's money must stop
I don't think they'll be able to return/refund, They've probably used most of the funds for making the product/hiring. Although it would nice to see transparency report from them. September 06, 2019, 09:35:07 AM
September 05, 2019, 09:19:12 PM
2019 is just a real reality check to people in this space that most of these ICOs has no chance of success but the most interesting thing people are not asking is what the team has done with $30 million, what is their burn rate. I just feel it would be better for these guys to return investors their money, divide the amount left by the number of tokens in circulation and pay us back our money, all these try and error with people's money must stop
Why do they have to return investors' money? I see Cardstack has been registered on several exchanges, so there is no reason to return investors' money Jump to: