CardStack – innovations in blockchain programming

CardStack project is a unique ecosystem providing all the interested members with a possibility to use advantages of the consensus protocol and decentralized network when working with software. The platform will be useful for those who are involved in applications’ creation and development. Besides, this project will have an open source code and it means that anyone at any time can join CardStack ecosystem.

The platform is presented in a form of an original financing model with the function of supporting developments performed within the network at a global level. The economic part of the project guarantees reasonable and secure working conditions, as well as fair distribution of incomes among the participants working on the same project.

Structure of CardStack platform

The platform has initially been designed to be of a decentralized type as it allows to overcome any difficulties in the programmers’ work related to the communication speed. No intermediaries (such as public authorities) can interfere in the organization of working process or control it for their own benefit. Decentralization guarantees transparent and secure terms for all parties.

Moreover, thanks to such type of organization of CardStack ecosystem it is possible to expand and speed up integration of blockchain technologies not only into the platform itself but also into the affiliated applications. Thereby, users obtain greater sovereignty within the network than they had before.

CardStack project has several functional levels and the above-mentioned open source code. There is a problem resulting from such working process organization and it concerns compatibility of programs, as they are autonomous, i.e. the developers don’t interact. As a result, there appear many similar applications.

Components of CardStack network:

● At the programming level of the project, thanks to the consensus protocol, users will be able to create applications that would be of a great demand. In order to make it possible, the developers will be provided with a wide range of tools. They are located on a single hosting. To obtain access you need to move software to the cloud and get service models. To manage the programs, you can use a convenient CardStack Smart application.

● Smart contracts are used within the ecosystem. CardStack project's users own the applications created in the ecosystem. At the same time they will pay for using the project's services. Card token will serve as internal currency.

● Maintainer implies a developer who has an agreement with CardStack user. It is responsible for keeping records of work that has been carried out using a specific application. The developer will receive remuneration for it. If the application has been created by a team of specialists, then they will have a right to receive equal remuneration based on the amount of the performed works. Investors will receive their payments too.

Organization of projects’ and individual investors’ work

The open source code of CardStack project allows all willing developers to participate in the network’s development. Npm of the project implies possibility to get the project's dependency tree. By the way, later it can be changed to another software, which will improve the functionality of the project.

Unique dependency tree and single Ethereum address represent distinctive features of the projects with an open source code. By means of the stated dependency structure, the project is to be connected to a specific application. After that, the developer will have a right to get his reward. It can also be provided on the basis of official recommendations.

One of the main project’s advantages is a possibility to combine different codes with the help of a cloud service. It provides all the project’s members with an opportunity to reach a new level in software designing and development.

What is a reward pool?

Reward pool implies a specialized Card store. It is the economic activity of the project that serves as an indicator defining the size of the rewards fund. It is also used to issue new tokens.

Remuneration is received for participation in the projects created on the platform. But the remuneration round is also used to pay for the services associated with the project's functioning. I mean payment for hosting services and network commission charges.

Proof-of-Burn is a system proof of the agreements on the consensus functioning. This indicator is responsible for confirming the buyout of CardStack Application services while using SSC coupons. It means that the more coupons are redeemed, the higher is the indicator of the project’s economic activity. And, as already has been stated, it also results in the increase of the reward pool.

About CardStack platform’s token

CARD token is generated according to the ERC20 standard. It will be used to pay for transactions.

SSC coupon – is a coupon indicating the price of the particular service. Its cost depends on the US dollar exchange rate. Coupons are used for purchasing hosting services and for paying the network’s commissions.

Tokens, left from the old projects, as well as those issued within the rewards pool, can also be used for the purposes of remuneration.

TGE indicator – is used to indicate an event, that may happen while CardStack provides users with a share of the total volume of tokens. Smart contracts are used during this process.

More information:

Website: https://cardstack.com

White paper: https://cardstack.com/whitepaper

Twitter: https://twitter.com/cardstack
Medium: https://medium.com/cardstack

YouTube: https://www.youtube.com/channel/UCeQgdosVCtedpFiAEwKretg

Bitcointalk: https://bitcointalk.org/index.php?topic=2768237

Telegram: https://t.me/cardstack

Author: saycryptohello, bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1336255