i dont understand timebank???
do i keep my cinni in exchange or what do i do with it?
Hey
TimeBank allows normal people to issue assets that can be bought, sent, received and traded.
The currency used in TimeBank is denominated in hours. Your balance would be shown in time format to make it easier to visualize. You can learn more about time-based currencies here
http://en.wikipedia.org/wiki/Time-based_currencyTimeBank will have 187.5 million coins.
The distribution will be 80% to Cinni holders(150 million coins)
10% to BitShares PTS holders (18.75 million coins)
and 10% to BitShares AGS holders (18.75 million coins)
I am currently talking with exchanges to see if they want to help during the snapshot so you can get your TimeBank coins even if you have your Cinni on an exchange.