Welcome, we're glad you found us! CityCoins are powered by Stacks, a blockchain that enables smart contracts on the Bitcoin network.. CityCoins have four main features: Activation, Mining, Stacking, and Programming.
When it comes to public funds, transparency and accountability are paramount. That’s why the CityCoins team works with stakeholders at every level to ensure that the system works for everyone in a safe, trustworthy, and effective way.
Participants in the CityCoins ecosystem who are not miners can still take part through the process of Stacking. Stacking is a unique mechanism within the Stacks ecosystem that lets token holders temporarily lock up their coins within the CityCoins smart contract in exchange for crypto rewards.
CityCoin miners spend STX while competing to earn the CityCoin block reward, which is defined by the token emissions schedule and begins at 250,000 CityCoins per block.
Dec 3, 2021 · Stacks enables smart contracts and apps on Bitcoin. It enables a function called “Stacking“, which earns BTC when you lock STX in the protocol. CityCoins leverage a similar Stacking function to enable CityCoin holders to Stack their CityCoins to earn STX, which can be further Stacked to earn BTC.
What can MiamiCoin holders do with their coins? Read Less. Read More. Anyone can mine MiamiCoin, program MiamiCoin via smart contracts, and even earn BTC from the protocol as it gets more usage. MiamiCoin is a new way for developers to create applications and experiment with innovative use cases.
Apr 12, 2022 · CityCoins 1.0 unlocked a new funding model for cities. CityCoins 2.0 should unlock faster city activations and capital deployment. Potential solutions involve creating a simple CityCoins DAO, upgrading CityCoins into governance tokens, and allowing users to vote with coins for new cities.
An overview of the stacking component of the CityCoins protocol. Anyone can Stack CityCoins by locking them in a CityCoins smart contract for selected reward cycles and receive a portion of the remaining 70% of the STX sent by CityCoins miners.
The CityCoins DAO implementation is based on the Executor DAO, Ecosystem DAO, and other similar implementations on the Stacks blockchain.. The core concepts that make this possible are: