BTC : 5860.00 USD / ETH : 0.05051006 BTC
twitter twitter
 

Silk (SLK)







Silk expands on Bitcoin's electronic cash system by creating a binary coin feedback system that preserves value by accepting collateral. The platform has been modeled after an electrical resonance circuit that drives currency into oscillation.

Silk is designed to support continuous economic growth and increased purchasing power. When paired with digital currencies, Silk acts as a dynamic stabilisation fund, increasing with each commodity purchase and decreasing by each collateral sale.

Silk (SLK) is the digital asset that backs the currency DarkSilk (DSLK). Silk adapts to the DarkSilk supply in order to stabilise its price. In doing so, the price of Silk will oscillate and provide great arbitrage opportunities for investors.




SPECIFICATION :

Ticker: SLK
Algorithm: Scrypt
PoW Period: 10,000 Blocks
PoW Target Spacing: 60 Seconds
PoW Difficulty Retarget: 10 Blocks
PoW Reward per Block: 0 SLK
Full Confirmation: 10 Blocks
PoS Target Spacing: 64 Seconds
PoS Difficulty Retarget: 10 Blocks
PoS Reward: 2 SLK
PoS Min: 1 Hour
PoS Max: Unlimited
Total Coins: 2,000,000,000 SLK
Block Size: 4MB




TEAM
Spencer Lievens Lead Developer
Amir Abrams Developer
Gregory Betz Developer
Ahmad Kazi Developer
Matthew Langdon Web Developer / Admin
Mark Sanders Business Strategist & Spokesman
Romeo Demurashvili Social Media / Marketing
Jan Fox Graphic Design & 3D Modelling














If you believe any of this data is inaccurate please contact us.




Last update: 10/22/2017