I don't know how long it is going to take / when it will go live on HoriZon network.
Also we might have to use a larger number of shares than one million for HZC, so far we always used one million for Corps but that assumed a platform where any asset can be directly traded against any asset, on HoriZon everything will have to be done via the HZ native currency so smaller shares might be needed so that people don't have to accumulate such large chunks of the native currency in order to facilitate the trades they actually are trying to do. Also just the way the value of HZC works out, having one of each of several currencies in effect per share, makes the shares larger values than the currencies involved. Since it will be probably ten or more currencies maybe it makes sense to split it up into ten or more times as many shares as has hitherto been customary for Corps.
Also it would be nice to try to have the amounts of the other coins also be a whole million of each, which for IXCoin and I0Coin might not be easy to come by. Well for IXCoin anyway since 400,000+ of the Milieu's IXCoins were on Cryptsy when Cryptsy collapsed.
-MarkM-
Topic: HZCorp (HoriZonCorp; HZC) Prelaunch (Read 886 times)
I want to add this to http://icocountdown.com
Can someone provide me with some information?
Email: [email protected]
Skype: icocountdown
Twitter: https://twitter.com/ICOcountdown
Can someone provide me with some information?
Email: [email protected]
Skype: icocountdown
Twitter: https://twitter.com/ICOcountdown
Mega exciting!
Quote
be accounted in whole integers only. This includes blockchain-based currencies even where such currencies have several digits after the decimal-point on their native blockchains.
If that is about an asset itself
- when you issue an asset you can decide how divisible it is. Me I have chosen whole integer values for my asset. Only whole asset shares can be traded.
Look at http://localhost:7776/test?requestTag=AE --> issueAsset (also decimals=0 makes it much easier because then quantityQNT==quantity)
If that is about an asset price
- yes the price (how much HZ to pay for 1 asset share) has 8 digits after the decimal point. A round() in your code can reduce that of course if needed.
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