From b1d1d7acfac57033c2fc386828a2a1ad56d35411 Mon Sep 17 00:00:00 2001 From: Will Ruddick Date: Fri, 13 Aug 2021 12:02:14 +0000 Subject: [PATCH] Update README.md --- README.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/README.md b/README.md index bea0e37..f52057b 100644 --- a/README.md +++ b/README.md @@ -23,15 +23,15 @@ Community Inclusion Currency (CIC) technology seeks to give organizations and co ## CIC full system vision ## * Blockchain - * Currently: We are database first and uploading data to a public blockchain (Layer 2 side chain) - * Goal: To ensure decentralization, censor proofing and fair gas prices we look for Humanitarian Blockchains like bloxberg.org. + * Currently: To ensure decentralization, censor proofing and fair gas prices we work on Humanitarian Blockchains like bloxberg.org. * Blockchain 1st vs database + * Any interface can be developed without central control * A blockchain where gas prices can be kept to zero. - * A Proof of Authority chain where nodes can be elected democratically. + * A Proof of Authority chain where nodes can be elected democratically or Proof of Stake where the Token Issuers have Stake * A blockchain that enables easy and secure bridging to other chains. * Blockchain Contracts * [Demurrage token](https://gitlab.com/cicnet/erc20-demurrage-token) - Network / Basic Income token - Mints tokens that include a demurrage. - * Bridge - in order to move between the side chains (Layer 2) and the Ethereum main net we need a bridge + * Bridge - in order to move between the side chains (Layer 2) and the Ethereum main net we use a bridge * Currently: We have no connections to Ethereum Mainnet * Goal: To have options to bridge to a variety of other tokens - possibly Cosmos Protocol * Liquidty Pools - Enable connection of Sarafu and CICs to each other and outside networks