@CryptoWebDigger

Meet the chainware blockchain When Nader announced #mirror, @diamondthumb studied the DESO blockchain and found some flaws. Because of ignoring the community, he decided to build something new. This started from scratch. The scope of this article is to let you know about this new blockchain, called chainware blockchain. Chainware blockchain: Phases: 1. Core building (we are here) Building the core functionality, transactions, storage, proposal, voting, and smart contracts. 2. Community participation When the voting and proposal tools will be built, the interested members of the DESO community, or other communities, can participate with proposals and voting. So the project will be community driven. 3. Happy day This is the day that the blockchain will become available to the public. Consensus: The CometBFT consensus mechanism is used. Coin: The coin will be the cWc coin. It is designed so the price will be predictable, and it will increase/decrease as the usage increases/decreases. Proof of: The proof of clout will be used to reward active, participating users and punishing the bad actors. Economics: Ten million coins will be minted that represent 10 thousand hours of work. These will be used to pay work until the happy day. For now, an hour of work that is 25 USD means that the coin will cost 2.5 cents. NFTs will be minted, so if someone wants to, he can buy part of the chainware blockchain software. The holder of the NFT will get a portion of the usage fees. There will be three types of fees: Transaction, storage, and usage. Transaction fees: These are fees to be paid to the validators for getting consensus. Storage fees: The user can decide how many copies of his data are stored on the blockchain, and for how long. Usage fees: The fees that are paid for the software use. The fees will be low, as it happens with the DESO blockchain. New users will pay higher fees, but as they participate and get clout, the fees will become cheaper and cheaper. We are expecting the average fee to be around 0.0002 USD. This can change by voting if the cWc coin increases its price. Participation: You are welcome to participate in the decision making, because chainware blockchain is a community project. Feel free to comment, and stay tuned, so when the tools will be ready, you can propose and vote for this wonderful project.

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