first time I heard of stackmint
could you elaborate this in layman's term?
StackMint basically allows anyone on the planet exchange a valid banknote for new coins. You simply take a photo of a banknote supported
by the protocol and send it to a validator. There are two kinds of validators; On-chain validators (nodes) and off-chain/human validators. On-chain validators are equipped with machine learning capabilities to analyse support banknotes while the off-chain validators manually check banknotes that successfully passed the initial on-chain validation. Please read this
medium post for more information.
Do you have lists of banknotes that are acceptable in your system? Or any Bank that you have affiliation with?
Only a subset of global banknotes will be supported once StackMint is added to the protocol. Subsequent updates will add support for new banknotes not covered in previous updates. At launch, we will support national banknotes of the top 10-25 economies of the world. Support will not be determined by affiliation with banks or any other party.
Oh nice. So basing from this. If the banknote from my country is not supported by your services, how can i make any possible adjustment to at least use this stakmint protocol?
If banknotes from your country are not supported, you can still participate in stackmint as an off-chain validator. Additionally, If you own any of the supported banknotes, you can use them. You do not necessarily have to participate with the banknotes of your country.
