One transaction over the net gets you in or out. The other transactions are unconstrained liquidity, subject to any membership restrictions. For example, trading micro-bit coins. All ledgers agree on client membership rules. Clients deposit bitcoin (lock up the bitcoin ledger entry), and are then free to trade the micro bitcoins anywhere that the ledgers honor.
Sounds like libra, by gosh, but let us change one thing. The ledgers are contract bots running under secure ID. So, if your are grocery store, join one of the trusted ledgers, and your checkout ID will down load the app for micro bitcoins. Also running a small scofflaw queue gets even more liquidity.
No comments:
Post a Comment