CARDSTACK — usable and scalable blockchain for the mass market

Ico Hash
2 min readFeb 8, 2018

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Cardstack Framework is a comprehensive SDK for building powerful, cohesive blockchain apps. At the core is Cardstack Hub, which orchestrates data and value transfer across multiple blockchains and the cloud.

Developers can monetize their Cardstack-based apps via the smart contracts powered by the Cardstack Token (CARD), an Ethereum-based ERC20 token designed to fairly reward Cardstack- powered communities.

Cardstack’s approach to decentralization lets self-sovereign users act as their hub, that interactions with applications and services running on networks of different topologies flow through a software stack controlled by the users.

Cardstack Token (CARD) is a token allowing end-users and businesses to use applications that interact with multiple blockchains, decentralized protocols, app-coin-backed dApps, and cloud-based services while paying a single on-chain transaction fee.
In this specialized settlement network, software makers earn tokens from a reward pool, proportionally allocated based on usage data, code dependencies, user feedback, and transaction history — which is crunched and verified by analytic miners.
Software and services need predictable pricing. To get started, a user converts Cardstack Tokens into non-transferrable SSC tokens (Software and Services Coupons) which are pegged to the US dollar, before the coupon is deposited in an application’s retainer contract. Meanwhile, the Cardstack Tokens are added to the reward pool. When the app is used, coupons are burned to form an on-chain transaction history that helps determine the allocation of Cardstack Tokens to reward makers.
A smart contract under the user’s control can top-off an app retainer when tokens run low, while another contract operating at the network-level can exchange Cardstack Tokens to other utility tokens as needed, all without user intervention.

Summary:
Cardstack is an open-source framework and a consensus protocol that makes blockchains usable and scalable for the mass market, creating a decentralized software ecosystem that can challenge today’s digital superpowers.

Website: https://cardstack.com/
White paper: https://cardstack.com/whitepaper.pdf
Telegram: https://t.me/cardstack
Ann: https://bitcointalk.org/index.php?topic=2768237.0

My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1695141

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