Post
Topic
Board Service Announcements (Altcoins)
Re: WorldCoinIndex.com - Indexing all Cryptocoins and Prices
by
neuroMode
on 12/03/2014, 11:55:00 UTC
Hi!

I was hoping you could add Petrodollar (P$). It's mainly traded on Cryptorush.in here: https://cryptorush.in/index.php?p=trading&m=P$&b=BTC

It's a really unique coin that is modeled after the economics of the real world oil supply.
From Petrodollar.org:
Quote
PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:1000 relationship to barrels of oil still existing in the ground, thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously, at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted, increasing to approximately 15% in year 2045.