Extreme price volatility of BTC, ETH and other cryptocurrencies is one of the biggest barriers to widespread adoption that cryptocurrencies face today. Unlike fiat currencies, today’s cryptocurrencies do not have a central bank that implements monetary policy to keep purchasing power stable, meaning that changes in demand can induce massive fluctuations in price. If users cannot be sure that the purchasing power of their accounts will remain stable, they will never adopt a cryptocurrency as a medium of exchange over a price-stable alternative. Moreover, without price stability, it is difficult for credit, debt and derivatives markets to form on top of a cryptocurrency because every contract taking payments in the future must charge a large premium to factor in price risk. For example, imagine you received a salary of 10 ETH per month—if the price of ETH dropped, you might face difficulties in paying off your monthly bills.
The Orch Stable (Symbol: ORCS) protocol powered by truly decentralized unforkable realtime blockchain federation Orch Network accomplishes this by algorithmically adjusting the supply of ORCS tokens in response to changes in the following variables and vector:
- current transaction fee and hashrate of ORCS subprotocol;
- Periodic Game-theoretic Truth Game outcome on current ORCS exchange rate;
- External datafeed on CPI index;
- Current Coinship Index level of Coinship derivatives exchange running parallel as a subprotocol of Orch Network.
This implements a monetary policy similar to that executed by central banks around the world, except it’s much more robust, decentralized, protocol-enforced algorithm, without the need for direct human judgment. For this reason, ORCS can be classified as a non-collateralized non-sovereign high-velocity reserve asset that does not have any counter-party risks.
Please read the full whitepaper here: https://orcs.fund/static/docs/whitepaper.pdf
Informative article
How is the idea of Orch monetized? How do the token holders profit? Well primarily thru two ways:
Increase in token value as Orch is unforkable unlike most blockchains e.g 10x, 100x or even 1000x is a potential payoff target.
All orch(ORC) token holders or buyers having minimum 1Million tokens and more will receive equivalent number of ORCS Stablecoins. Stablecoins are income generating assets as they can be sold for ORCS Equity(works like Seigniorage shares) which in turn can be liquidated for ORCS and/or btc/fiat money.
it is unforkable because it doesnt exist!
Nope it does exist. We will annihilate your FUD by root.
your website and whitepaper all look very good, unfortunately it is your response and of those others that gives it all away.... immature, unprofessional and without content....
Annihililate by root seems like a threat to me....
Anyway I hope you will find another way to make something off your life, this isn’t it!
Your Ann clearly shows you are using a copy cat site, and you are using Daniel “prophet” name, even though he doesn’t mention orch once....
Thanks for wasting my time.
Please don't babble here. If you stoop low and behave in an unbusinesslike manner we will respond you accordingly. Tit for tat and our response will be swift and extreme. Yes, it's a threat made against your hostile behaviors. And we will make this 100% credible if you take any hostile actions. It's as simple as that. Why don't you message Daniel on his linkedin and check with him if he is associated with Orch or not? He is a director of Cohomology Labs, the core developers of Orch, ORCS stablecoin and Starcash. We will post the StarCash technical paper on our website at orch.network soon and provide a link here too. Despite our team's time-bound response you have started spreading FUD again. That's why we banned you from our 1st Telegram group.
All I have done is express my thoughts, something people call freedom of speech.
I expressed my thoughts after digging deep into orchs network. That is what this platform is for, this is the first time I have been threatened on Steemit and I have been around a while. You basically threatened to take real life action, if I keep expressing my thoughts. (hostile actions???)
This has nothing to do with hostillity, I have asked the same questions at zilliqa and at holo.... they gave me decent answers. If you think I have any affect on your product by expessing negative thoughts.... there is something wrong with the product, you shouldn’t even pay attention to me. Or simply ban me....
I mentioned to people to be careful as somethings seems off.... if you want to proof me wrong please do so....
Anyway this is the last I will write/ read about orc, I will add that I might still be wrong about you, unfortunately I have been scammed too often, so my 6th sense is seldomly wrong. I truly hope you can proof me wrong and may I suggest to stop your aggressive tone, towards anyone who disagrees.
here is the link to Starcash realtime unforkable blockchain federation technical paper: https://orch.network/static/docs/starcash.pdf Please download it.