Cy: Deeds & Settlements as a Sealed, Distributed, Offline Token


Officially

  • 1 Cy = 1/100th Silver Troy Ounce
  • 1 Cy sent = 1 Cy recieved, no hidden fees
  • Underwritten by Silver {Redeemable} or by ratio of Silver to noble metal (i.e. Gold)
  • Exclusively available to DeniZens for Deeds & Settlements within CyviZen App ecosystem
  • An Infrastructure token consumed by CyviZen in provision of DeniZen & CyviZen Infrastructure
  • One-way: Unable to convert into FIAT or CryptoCurrency

Cy

  • an independent, publicly verifiable, append-only, and tamper-proof log built with Merkle trees.
  • anonymous
  • genuinely offline capable
  • eventually consistent
  • distributed architecture
  • Carbon Neutral, uses existing infrastructure
  • No Limit on Concurrency
  • Quantum Encryption Ready
  • Target Zero Fraud
  • Maintains integrity during global failure and random isolated community restart
  • Cy resides in a Coffer

NOTE: Only DeniZens of CyviZen can access Cy

Blockchain

NOTE: Blockchain accessible to anyone who can install wallet software & open a suitable FIAT to Blockchain exchange account

Un-Officially

  • Cy enables distributed offline settlements for anything, such as a deeds. i.e. CyviDeed
  • Where deeds are not possible Cy vendors tend to use per weight
  • Cy is used as intrinsic asset for issuing of Central Bank Digital Currency (CBDC)
  • Cy, is used as an intrinsic asset for Retail Banks to loan local currency to members
  • Cy, is used by weight of כֶּסֶף kespeh (money) in some CyberSpace Communities per with law & culture

NOTE

Cy is unable to be converted to FIAT or CryptoCurrency in accordance with:

When runaway slaves from other countries come to Israel and ask for protection, you must not hand them back to their owners. Instead, you must let them choose which one of your towns they want to live in. Don't be cruel to runaway slaves

-- Deuteronomy 23:15-16

Cy Does not perform Transactions, Cy only does settlements

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