Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN/DISCUSSION] Silk Network: Silk, DarkSilk and Weaver
by
Cryptotrader26
on 17/07/2016, 16:25:55 UTC
Okay, that took me quite some time take in. Basically, were talking about a system that takes energy from one coin and moves it to another, and the same way around. This will result in a (medium to long-term) constant price in darksilk and fluctuating price in silk. Basically you're securitizing the currency with an asset, backed/managed by the Silk Network. Is this correct?