Pre-registrations to Ğ1 are now complete. Indeed, we have officially launched the blockchain: Ğ1 is now in full operation!
The currency started today, on March 8, 2017 at 16:32 UTC + 1 and counts at this time:
59 initial members
551 certifications linking these members
590.00 Ğ1 were generated via the 1st Universal Dividend
8 transactions have already been validated
6 members calculate blocks to make money work
So it’s up to you to use it! For now, only Cesium for Ğ1 is available. The Sakia software will also be available, but in a few days.
All 1st units were produced immediately by the original 59 members, at a rate of 10.00 Ğ1 per member. Hence a total money supply of 590.00 Ğ1. The following units will be produced in the same manner, through a daily Universal Dividend (at 12:00) in the amount of 10.00 Ğ1.
Ğ1 being a free currency, its Universal Dividend will be regularly and automatically revalued (upwards in the case of Ğ1). The next re-evaluation will take place on March 21, 2017, the latter being calibrated on the terrestrial equinoxes to remember it easily.
Note: DUĞ1 is created daily on the basis of an increase at the equinoxes (21 March, 21 September approximately), for a target growth rate of c = 4.88% / equinox, according to the differential formulation of order 2 :
DU(t+1) = DU(t) + c² M/N / (182,625 days)
You can trade in free currency now: the 590.00 Ğ1 can freely circulate from account to account depending on the transactions you will realize. We have already done eight without difficulty.
If you think you can enter the web of trust (which requires certification) and already know the tools Cesium and Sakia, you can register now. However you will not be able to integrate the canvas before 5 days for technical reasons protecting the existing canvas: but at the end of this period, your registration can be taken into account.
If not, we advise you to wait for the next days: we will soon make some explanatory articles detailing the modalities of entry in the currency.
Remember, however, that this does not stop you from receiving cash right now and making deals: you just have to get money from someone who already has them.
The test currency continues to run. It may still reveal some bugs, so we maintain it for now. But in a few days or weeks, we will restart a new test currency, parallel to Ğ1 and running with the same version of the software.
Attention: Duniter v1.0.0 and above are not compatible with ĞTest! Do not try to install it, your node will not work.
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Ğ1: Here we go! Free money started today, on March 8, 2017 at 16h32 UTC + 1
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