The limited supply of Bitcoin has limited its utility. As a consequence, the entire crypto-coin industry has been born, to try to compensate for the scarcity of bitcoins. Because bitcoin has been viewed as an asset class, its original purpose has been subverted and transaction fees have contributed to preventing its widespread adoption as a medium of commerce. Grosscoin attempts to increase the supply of crypto coins without needing to become an asset to be hoarded. Consequently the project will allow a greater range of experimentation due to the lower value of the coins upon first introduction. No design constraints are going to be imposed upon the development of grosscoin, because as a "Fat" cryptocurrency it seeks to maximize function in order to avoid the trap of excessive valuation due to scarcity. Because the blockchain technology is essentially the same as that used in bitcoin, it is as if we turned the clock back and allowed for more development of the platform.

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Registered

2018-01-03