Wattcoin is an electronic cash system, a digital currency, and a deposit instrument backed by real kilowatt-hours of electricity.
What is Wattcoin?
Deflationary coin, circulating supply of 1 billion units.
The currency exchange rate is influenced by only 1 indicator -
the average market cost of producing 1 kW
of electricity
The price of the coin is calculated by a mathematical
algorithm, characterized by deriving the
value based on the previous coin value and the
market value of all coins in the system.
An electronic monetary system that
mitigates all the major negative phenomena in
modern monetary and crypto systems:
Absence of inflation.
Deflation is present
The coin is backed by energy for the means of production, i.e. it is really backed
There is no production cost
All market participants have the same rights determined by a mathematical algorithm
The "whales" will not be able to sell or buy en masse, and thus cannot rob the "hamsters"
The most confidential coin: open transactions but anonymous wallet owners.
The life cycle of the coin is not a sinusoid, but a parabola, which makes it the most stable coin in existence.
The most stable deposit instrument.
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