Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [COMMOD] Golden Crypto Commodity - The #2 Cryptocurrency
by
runpaint
on 21/10/2019, 18:44:07 UTC
BARR is still as active as NXT...so we're moving it to a new blockchain.  Which is how Golden Crypto Commodity got started, as a kind of testnet for the BarrCoin relaunch.  Not just a test network, but also test marketing, test discounts at restaurant locations, test Indiegogo crowdfund campaign, everything. 

hahaha lol- sometimes I am slow to understand, because I only look superficially, so for me to understand:

is COMMOD a relaunch of BARR on KMD platform? This would really be a cool idea!


COMMOD is an independent coin.  But when BarrCoin relaunches on KMD, it will be on-chain fungible with COMMOD.  That means 1 COMMOD will always be equal to 1 BARR, so they are linked and interchangeable.  Any retail location or restaurant that accepts one coin for a discount will automatically be able to accept the other coin.  But they will each still have their own blockchain and network, and the plan is for BARR to be 100% PoS while COMMOD is 100% PoW.