I’ve been doing my own testing… It’s way too rich to make it official yet… The only way to issue New Electronic Gold will happen as every New Gold Coin is minted… “Circulating Gold Coins” will be in Perfect Balance with existing Electronic Gold… You can use one or the other…
You are viewing a single comment's thread from:
I get the one for one minting idea, it keeps the balnace intuitive. But how do you handle redemptions if > demand spikes and there arent enough new coins ready? If conversion queues or admin checks slow people, the user experience could slip fast.
People will have the choice of holding Gold Coins, or using Electronic Coinage for their day to day spending and paying bills…. I see no problems…