Welcome, we're glad you found us! CityCoins are powered by Stacks, a blockchain that enables smart contracts on the Bitcoin network.. CityCoins have four main features: Activation, Mining, Stacking, and Programming.
When it comes to public funds, transparency and accountability are paramount. That’s why the CityCoins team works with stakeholders at every level to ensure that the system works for everyone in a safe, trustworthy, and effective way.
Participants in the CityCoins ecosystem who are not miners can still take part through the process of Stacking. Stacking is a unique mechanism within the Stacks ecosystem that lets token holders temporarily lock up their coins within the CityCoins smart contract in exchange for crypto rewards.
Dec 3, 2021 · Stacks enables smart contracts and apps on Bitcoin. It enables a function called “Stacking“, which earns BTC when you lock STX in the protocol. CityCoins leverage a similar Stacking function to enable CityCoin holders to Stack their CityCoins to earn STX, which can be further Stacked to earn BTC.
CityCoin miners spend STX while competing to earn the CityCoin block reward, which is defined by the token emissions schedule and begins at 250,000 CityCoins per block.
The limit parameter can fetch a maximum of 50 transactions at a time, and the offset parameter allows you to set the index for the first transaction to fetch.. Using the total value from the initial result, a simple do...while loop can help iterate over and collect all transactions for an address.
An overview of the stacking component of the CityCoins protocol. Anyone can Stack CityCoins by locking them in a CityCoins smart contract for selected reward cycles and receive a portion of the remaining 70% of the STX sent by CityCoins miners.
NewYorkCityCoin is a cryptocurrency powered by the Stacks Protocol, which enables smart contracts on Bitcoin. NewYorkCityCoin (NYCCoin) provides new ways for people to support New York City and grow its crypto treasury while earning Stacks (STX) and Bitcoin (BTC). NYCCoin can be mined or bought by anyone who wants to support New York City while earning crypto …
Apr 12, 2022 · CityCoins 1.0 unlocked a new funding model for cities. CityCoins 2.0 should unlock faster city activations and capital deployment. Potential solutions involve creating a simple CityCoins DAO, upgrading CityCoins into governance tokens, and allowing users to vote with coins for new cities.