The first coin to take a name is the trunk. Every vamp grows from it as a branch, and a share of every branch's fees runs down to the trunk.
Pick any branch to trace it down to the trunk.
The first coin to claim a name is the First Elder, record 1. Its name is written into the record with the time and the creator's signature, so nobody can claim it later.
Anyone can vamp a coin. The vamp grows from it as a branch and takes the next record number, like 1.3.1. Copies of a name grow as branches too, never as a new trunk.
A share of every branch's fees runs down to the branch it grew from, then on down, all the way to the trunk. The more a coin is vamped, the more its elders earn.
The First Elder is 1. Its branches are 1.1, 1.2, 1.3 and so on, and theirs add another number. Read a coin's number from the left and you have every elder below it, down to the trunk.
A descendant launches without a name, and its holders vote on one. Back the winner and you share an extra 30% of the holder fees for the next 30 days.
Launched 6 minutes ago without a name. The vote is open.
You hold 2,500 coins, so your vote counts as 50. Votes count by the square root of what you hold, so 10,000 coins is 100 votes, not 10,000.
Pick a name. Nobody sees any vote until the vote closes.
Every coin on Elders pays its holders a share of its trading fees. For the first 30 days after the vote, that share is split in two.
goes to every holder of the coin, by how much they hold, whether they voted or not.
goes to the holders who backed the winning name, by how much each of them holds.
then it evens out. Every holder shares 100% of the holder fees again, and the name stays set for good.
A share of every branch's trading fees runs down to the coin it grew from, then to the one below that, all the way to the trunk. When a coin gets vamped, its elders gain.
Every coin, every branch and every vote is written on-chain, so anyone can check it.
Pick where your coin grows. Its place in the tree is written on-chain at launch and can't be changed. You sign everything in your own wallet.
Plant a trunk of your own, or grow from a coin that's already running.