Time is the most valuable “asset” for humans,
yet most of mankind measures an individual’s wealth by the amount of resources the person has been able to accumulate,
often ignoring the amount of time sacrificed in exchange for these transient resources.
We would like to take part in changing that.
What is it?
The first generation of cryptocurrencies have been based on the concepts of mining & staking.
ChronoLogic works on proof-of-time. In its first use-case ChronoLogic pegs time to a store of value token named DAY based on the Ethereum blockchain.
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This is an interesting one guys. Bond issuance on a Proof of time ERC20 Token, on the Ethereum Blockchain.
"First Proof-of-Time ERC20 token integrating the concept of TimeMints, which mint additional DAY based on the predefined MintingAlgorithm.
Big Picture Example: Proof-of-Time tokens that Chronos will enable will allow third parties to launch their own crypto loans and allow banks their own crypto savings accounts. It’s not just about DAY. It’s about laying the foundation so third parties can launch their own Proof-of-Time token."
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https://blog.chronologic.network/the-big-picture-timemints-chronopower-proof-of-time-f881158b044d
http://bitcoinprbuzz.com/press-release-chronologic-time/
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FYI the last count in the slack channel was 120 spots left...
>>3020518
sounds like a heap of gobbly gook
Holding about
.2 btc of this only because people on twitter seem to be very bullish on it
https://coingeek.com/the-holy-trinity-of-cryptos/
Atleast Binance has a use case.
>>3020518
>Proof-of-Time
Okay, so if I have 1000 raspberry pis each running 1000 wallets, I now have 1,000,000 hours per hour.
Shit idea.
>>3020518
so...
life then ?
Can someone tell a fast rundown of this project?