"""SilverCents are the on-chain tokens in a cryptocurrency run on the Ergo Platform, using the Basis protocol. SilverCents are exchangeable one for one with constitutional silver dimes and quarters that are suitable for circulation, and there are billions of these coins, distributed widely throughout the USA. The point of exchange is at the point of business of the vendors that participate in the SilverCents economy"". See full description in attached docs.
In this project you need to show demo implementation of Basis-based (see docs attached) offchain cash backed by silver tokenized on-chain. "
Expected Outcome: Make a demo CLI clients showing issuance and redemption of silver-backed notes.
Difficulty: Medium
"""SilverCents are the on-chain tokens in a cryptocurrency run on the Ergo Platform, using the Basis protocol. SilverCents are exchangeable one for one with constitutional silver dimes and quarters that are suitable for circulation, and there are billions of these coins, distributed widely throughout the USA. The point of exchange is at the point of business of the vendors that participate in the SilverCents economy"". See full description in attached docs.
In this project you need to show demo implementation of Basis-based (see docs attached) offchain cash backed by silver tokenized on-chain. "
Expected Outcome: Make a demo CLI clients showing issuance and redemption of silver-backed notes.
Difficulty: Medium