Giant Design Goals: Smart Bets
Giant is the use of blockchain technology and smart contracts for digital assets to be self-managed, to achieve “smart bets” with a distributed network.
Digital Assets
Digital assets are programmable assets that exist in the form of electronic data. With blockchain technology, the digitization of assets can be decentralized, trustful, traceable, highly transparent, and free of intermediaries. On the Giant blockchain, users are able to register, trade, and circulate single type of assets Giant Coin.
Giant has two forms of digital assets: global assets and contract assets. Global assets can be recorded in the system space and can be identified by all smart contracts and clients. Contract assets are recorded in the private storage area of the smart contract and require a compatible client to recognize them. Contract assets can adhere to certain standards in order to achieve compatibility with most clients.
Giant Coin Specification
● Name: Giant
● Ticker: GIC
● Type: PoS + MASTERNODE
● Premine: 200,000 GIC
● Collateral: 1,000 GIC
● Maturity: 200
● Max Coin Supply: 1,323,000 PoW Phase + Infinite PoS Phase ● Block Time: 120 seconds
● Difficulty Retarget: DGW v3.0 Every block
● P2P Port: 40444
● RPC Port: 41444
Application and Ecosystem
Ecosystem is vital for the open source community. In order to achieve the goal of an intelligent economic network, Giant will be committed to the development of its ecosystem, providing mature development kits, improving the quality of project documents. We plan to support the following Giant-based applications and ecology and to reward improvements to the design of the experience:
