Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SAC] SACoin (sacoin.io) | Decentralized people currency
by
bitcoinbs
on 01/09/2017, 18:21:03 UTC
what's new features is introdicing this new coin?

Zero transaction fees
Yearly 1% staking reward
Limited supply so value will grow stable
Transaction confirms in 1 minute no need to wait for hours

hum!!!
how transactions fee can permit to maintain the network healty and working?
i was thinking the same...

btw from your websit https://www.sacoin.io/ at roadmap, nov 2017, Mobile, DTH Recharge, Landline bills, Electricity Bill payment for South Africa and Internation Mobile Recharge Application Launching
may i know about south africa government think about using cryptocurrency in their country? because some country government still refuse it to using cryptocurrency legally..

from litle search i've got information date 9 august 2017 https://news.bitcoin.com/south-africa-to-take-balanced-approach-to-bitcoin-and-cryptocurrency-regulations/

well, if regulation already clear at NOV 2017, your progres will be good, but if the regulation not supporting, this will be bad thing ...

SA there is already exchange platform luno.com running

in SA the rules clearly stated using virutal currency at your own risk, virutal currency includes e-currency, crypto and digital assets

we provide recharge service by accepting SAC from people and pay directly from our API provider

we have ZAR backup always behind the recharge, so we collect the SAC from people and never sell it back so it will create demand

so here you not converting directly SAC to ZAR, the recharge goes directly from ZAR.