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Continue to on-board domestic and foreign · NewYorkCoin (NYC) Merchant Brochure English Author: NY...

Date post: 25-Jul-2020
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Page 1: Continue to on-board domestic and foreign · NewYorkCoin (NYC) Merchant Brochure English Author: NY Coin Stores Subject: Learn about NewYorkCoin (NYC) with our brochure in English.
Page 2: Continue to on-board domestic and foreign · NewYorkCoin (NYC) Merchant Brochure English Author: NY Coin Stores Subject: Learn about NewYorkCoin (NYC) with our brochure in English.

Continue to on-board domestic and foreign merchants to accept NewYorkCoin for goods and

services

Build a lightweight wallet to co-exist with the full node, eg Electrum

Constructing a NewYorkCoin inflation-reduction plan in order to balance the need to maintain

zero or near-zero transaction fees while adequately incentivizing miners to solve

blocks on the NewYorkCoin blockchain

Continue to on-board domestic and foreign merchants to accept NewYorkCoin

for goods and services

Building a newyorkcj or comparable bitcoinj library to achieve the following:

Multiplatform mobile and desktop wallets

BitTeller® ATMs at various NewYorkCoin community merchants’ locations

Continue to on-board domestic and foreign merchants to accept NewYorkCoin for goods and services

Partner with existing and future altcoin merchant payment solutions to ease NewYorkCoin adoption friction

Updating NewYorkCoin source code to introduce: SegWit and future support for the Lightning Network

Exploring atomic swap on-chain capabilities on the main network

Continue to on-board domestic and foreign merchants to accept NewYorkCoin for goods and services

Continue constructing a NewYorkCoin inflation-re-duction plan

Performing NewYorkCoin blockchain threat analysis and developing patches to improve resistance to 51% attacks, such as:Advanced CheckpointingDigishieldMerged Mining

Continue to on-board domestic and foreign merchants

to accept NewYorkCoin for goods and services

Implementing support for smart contracts through Merklized Abstract Syntax Tree (“MAST”) as

proposed by the Bitcoin community

Develop proprietary NewYorkCoin merchant integration solution


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