Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Silk Network: Silk(SLK), DarkSilk(DSLK) and Weaver
by
SilkNetwork
on 23/09/2016, 16:30:47 UTC
just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.