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This is the main repository for Marmara Credit Loops Smartchain containing the open source CC Files.

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Marmara Credit Loops

This is the official Marmara Credit Loops sourcecode repository based on https://github.com/marmarachain.

Resources

Tech Specification

  • Pre-mining: 2,000,000 MCL
  • Annual Supply: ~ 15,000,000 MCL
  • Block Time: 60 seconds
  • Block Reward: 30 MCL
  • 25% Mining, 75% Staking (Staking is only possible with activated/locked coins).
  • 3x staking when Activating/locking Coins in Credit Loops

About this Project

Marmara, or Marmara Credit Loops is a peer-to-peer credit creation and circulation platform using Komodo Blockchain Technologies that is based on Zcash and has been extended by its innovative consensus algorithm called dPoW which utilizes Bitcoin's hashrate to store Komodo blockchain information into the Bitcoin blockchain.

The main purpose of Marmara is to solve non-redemption problem in peer-to-peer credit creation and circulation. It is the first system in the World to solve universal bouncing problem in post-dated cheques and promissory notes used in many countries. The system may be easily used by communities adopting similar culture. It is originally a trust based system.

Millennium Version has 100 % collateralization. So there is no more bouncing problem in credits or cheques. This is achieved through staking coins by means of activation, i.e. timelocking. When activated in credit loops, coins give you 3x boosted staking power. More details are available under http://marmara.io/

Getting Started

Marmara Evolvement

Marmara v.1.0.1 Hardfork Change log

- fixed incorrect coin cache usage causing chain forks
- staking utxo processing performance improvements
- loop transaction validation fixes
- chain security fixes and improvements
- fixed settlement failure on the loop holder node
- fixed memory leaks
- fixed daemon crash if multiple setgenerate true 0 calls are done

Contact

  • B. Gültekin Çetiner twitter

License

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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This is the main repository for Marmara Credit Loops Smartchain containing the open source CC Files.

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