Quote from: matjas on October 09, 2017, 08:58:51 PM

Quote from: Rigorous on October 09, 2017, 08:41:17 PM

Quote from: kraterion on October 09, 2017, 07:46:50 PM

Quote from: the_donald on October 09, 2017, 07:08:18 PM

Quote from: kraterion on October 09, 2017, 05:12:39 PM

I read some of you talking about smart contracts but we don't know if the GAT blockchain will have smart contracts. In fact I wanna know when the entire blockchain's documentation will be released

not sure if they're necessary since Gatcoin controls everything about any tokens minted for their customers.

Exactly, there's no need for smart contracts, they just need to mint tokens based on merchant's demands. I don't see merchants manage directly all their tokens

Looks like there are indeed no smart contracts in the GAT System. So there is no problem with immutability.

Modifications: Merchant Tokens may be destroyed and modified any time according to the requirements of the issuer. This allows merchants to quickly change or even withdraw programs if there is any negative impact resulting from their digital token program.

But will merchants themselves be able to modifies and destroy tokens of will it be up to Gatcoin platform admins? There should be some regulations but still merchants should have a final word in that.

i think it will be in the job of the gatcoin platform admins to destroy those tokens in need. thats what i have understood in the whitepaper so far.