Crypto Management – DirtiCoin
Crypto Management is why DirtiCoinMinting, LLC (the Company, DCM, we) exists. The primary duty of the Company is to actively monitor and manage the Asset Ledger balance. This means, we take all reasonable and legal measures to keep the asset balances in the Asset Ledger (the Ledger) within tolerances. Above all, we take actions that support the value of DirtiCoin.
Behind the Scenes – DirtiCoin Technical Specifications
Blockchain technology is the foundation of all cryptocurrencies. Although there are different types of blockchains all of them build on the notion of a distributed ledger. Ledger entries live on each computer (node) on the network. New transactions are added to the network and validated. Then, they synchronize across all the nodes in the network.
Coin Cap – DirtiCoin Voting Rules
If an out of balance condition prevails, before initiating a request for proposals from the Company, the contract verifies the public Asset Ledger state against a secure version of the Asset Ledger. This confirms that the publicly viewed Asset Ledger state is legitimate. This is a security measure to thwart manipulation of the DAO through some exploit against the public version of the Asset Ledger.
Cryptocurrency Value – The Denominations of DirtiCoin
We had fun naming the different DirtiCoin denominations after different amounts of dirt. However, it wasn’t just about having fun. There are some practical reasons naming these incremental values.
Asset Ledger and the DirtiCoinDAO Contract
Asset Ledger – As noted, DirtiCoin is a smart contract and smart contracts are computer programs. All computer programs require constants, variables, conditions, and actions. For DirtiCoin the constants (Coin Cap and Circulation) as well as the conditions and actions are in the contract. The values for nearly all the variables come from the Asset Ledger.
Key Ratios – What are they?
When investing DirtiCoin into real estate, DirtiCoinMinting targets certain key asset ratios for the asset mix backing the value of DirtiCoin. Our targets are 65% real estate and 35% cash. We allow a variance of 15% up or down. This means a "balanced" Ledger has real estate and cash ranging from 50/50 to 80/20, respectively.
Funds – Uses of Funds
As the Company builds it operation initially it uses a small portion of the funds you deposit to meet some immediate needs. This includes debts incurred as the Company created DirtiCoin. The remainder is used to back the value of DirtiCoin.
Liquidity – Why 65/35 and Acceptable Variances
In this segment we discuss liquidity, specifically why 65/35 is important and the acceptable variances. These ratios are the guardrails used in the Asset Ledger (the Ledger) to protect the value of the wealth deposited in DirtiCoin.
Smart Contract DirtiCoin Logic
Smart Contract – The narrative below shows the logical operations carried out by the smart contract that comprises DirtiCoin. Before looking at the logic, you may want to understand what actions can happen in the DirtiCoin contract and who can initiate them.
Initial Release – First Run of DirtiCoin
DirtiCoinMinting (the Company) determined projections for the release of DirtiCoin over the next five years based on market trends driving investors to seek hedges against volatility and inflation (See Initial Valuation). We have also factored in the size of the real estate market in the USA and our abilities to penetrate those markets.