Proposal for the Issuance of External Assets on the Hacash Mainnet (Draft)

Proposal for the Issuance of External Assets on the Hacash Mainnet (Draft)

Background: The launch of HACD inscription function has achieved good results, and the value of artistic or other types of assets can now be easily stacked on HACD, which is essentially a new way of issuing assets.

In order to support a more diverse ecosystem, a proposal is made to introduce a mechanism for issuing assets (referred to as tokens) directly on the Hacash mainnet, with the following objectives in mind:

  1. By limiting the number of tokens that can be issued per unit of time through a gas competition mechanism, the core operation of the Hacash sound money system can be ensured to be free from the influence of short-term speculation.

  2. Increase the gas fee for token transfers to some extent, ensuring that the costs of HAC, HACD, and BTC transfers, as well as the opening and closing of layer 2 channel, remain low.

  3. The token remains at the same level of status and technical support as HAC, HACD, and BTC on the layer 1, rather than being treated as secondary assets like contract assets on the EVM.

  4. Strictly design the occupancy of the state data space to ensure that the decentralization of the Hacash mainnet is not negatively affected by unnecessary factors.

Feel free to discuss here. :slight_smile: