{"id":5803,"date":"2022-03-05T23:17:07","date_gmt":"2022-03-05T23:17:07","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/witchainwhitepaper\/"},"modified":"2022-03-05T23:17:07","modified_gmt":"2022-03-05T23:17:07","slug":"witchainwhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/witchainwhitepaper\/","title":{"rendered":"WITChain\tWhitepaper"},"content":{"rendered":"<div id=\"post-9354\">\n<div class=\"entry-content\" readability=\"55.63248564397\">\n<p>In the narrow sense, token is an negotiable document,it is the representation of digital assets, have the various attribute such as right of use and income. Like definition of Bitcoin:\u201cWhat we needed is an electronic payment system based on cryptographic proof instead of trust,allowing any two willing parties to transact directly with each other without the need for a trusted third party.\u201d<\/p>\n<p>In terms of the essential connotation of the token, it has three connotations: liquidity\u3001 credit\u3001value. Specifically, Liquidity: negotiable\u3001convertible\u3001exchangeable Credit: identifiable and tamper-proof\u3001technical consensus<\/p>\n<p>Value: Value Carrier\u3001Social Consensus<\/p>\n<p>From the value attribute of token, token has the attribute of 3 dimensions of price\u3001 income and right. These three properties are independent and interdependent.A token may have one or more value attributes.Several properties may be related,like:Earning and price.The pass-through model for different attributes may be uncertain, or change with the conditions and cannot form the exchange relationship.Multidimensional value scale is actually a kind of expression and dissemination of the issuing party, rather than purely economic activity.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/11\/Witchain.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Witchain<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the narrow sense, token is an negotiable document,it is the representation of digital assets, have the various attribute such as right of use and income. Like definition of Bitcoin:\u201cWhat we needed is an electronic payment system based on cryptographic proof instead of trust,allowing any two willing parties to transact directly with each other without [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5803","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=5803"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5803\/revisions"}],"predecessor-version":[{"id":5804,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5803\/revisions\/5804"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=5803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=5803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=5803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}