Post
Topic
Board Announcements (Altcoins)
Re: [Pre-ANN][PoW] Hexagon - Crypto-currency built ground up from the community
by
ytrezq
on 20/11/2017, 16:40:01 UTC
May I suggest a feature : stable crypto in decentralized way.

The aim is to perform like dynamic coin for variable miner reward plus adding a minimum miner transaction fee like what’s being done for other cryptos like clamcoin. Were if exchange rate would do down, a part of the fee would be send to nobody resulting in more coins destroyed than created (of course this imply a target exchange rate below 1:1 like 1000:1 but price would remain stable)

As result it would be the first coin to fully apply https://en.wikipedia.org/wiki/Quantity_theory_of_money in a decentralised way (unlike tether.to), though this might not work if maximum supply has a limited amount.
It would be the first coin created that would be able to achieve parity with the gold standard for a long time.