[TechWP-episodes] Operation and fees. Part 1

in #travelchain7 years ago (edited)

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Each action taken in TravelChain is rewarded by regulated fee in TravelTokens. The fees are regulated by economy observers without stopping or restarting the network. The fees can be used across a wide spectrum: from covering the cost of account creation to publication of a kilobyte of information.

The fees paid in TravelTokens are directed to reserve fund of community. The fees paid in personal assets of users are directed to asset’s fee fund and can be. Withdrawn by those who have technical right for doing so (owner of the asset).

Market — these operations enable creation of decentralized market between two random assets.
limit_order_create — operation to create a limit order;
fill_order — operation to fill out an order;
limit_order_cancel — operation to cancel a limit order.

Assets — enable to create and manage UIA and MPA assets.
asset_create — operation to create a new asset;
asset_update — operation to update a private asset;
asset_update_bitasset — operation to update additional parameters of MPA;
asset_issue — operation to issue UIA;
asset_reserve — operation to reserve an asset;
asset_fund_fee_pool — operation to refill private fund of asset’s fees;
asset_claim_fees — operation to claim fee from asset’s fund;
asset_settle — operation to settle a market asset;
asset_global_settle — operation of a forced shutdown of market by the asset’s owner;
asset_update_feed_producers — operation to update list of producers of MPA price feed;
asset_publish_feed — operation to publish asset’s price feed.

[TechWP-episodes] Operation and fees. Part 2


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