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Core Technologies
Core Features
o Basic Payments
Owners of Reichsmark will be able to utilize the most
fundamental aspect of the cryptocurrency as a payment vehicle
for transactions.
o Address Simplification
The implementation of an address simplification feature allows
users to have an easily rememberable string to easily share
o Device Portability
Reichsmark will have both a full and mobile wallet, allowing its
users to be in control of their transactions wherever they are
located.
o Messaging System
Reichsmark will be able to store strings of data on its blockchain
which at its basic level will allow users to utilize it as a
decentralized messaging platform.
Later this ability may allow for more advanced case-uses of this
system, such as a decentralized social media platform.
o Reichsmark Marketplace
The Reichsmark marketplace gives account owners the ability to
list assets for sale in an open, decentralized market place. Goods
can be purchased, discounted, delivered, refunded, and
transferred, using a dedicated class of transaction types that
manage and secure store listings on the decentralized
blockchain.
Concerns
Due to the proven security of Bitcoin’s PoW concept, we are not worried
about malicious attackers attempting to hijack and alter the Reichsmark
ledger and do not consider it vulnerable to a 51% attack. However, there are
some other concerns that we are aware of.
Distribution
The initial supply of Reichsmark will be distributed to the first 1,000 verified
users to sign up on Reichsmark.org. People will question the number 1,000 as
either too few or too many, while others may question our verification of
users. We will verify the first 1,000 only to ensure that there are no duplicate
users attempting to receive an additional drop.
Transaction Fees
As the value of Reichsmark rises there will be an increase to the network
transaction fee incurred by users. As such we will need to formulate a plan to
address this in way that ensures the network fee will never exceed an
understandable amount.
Team
o Team Leader:
o Blockchain Engineers:
1
2
o Web Development:
1
2
o Marketing Team:
1
2