merces

Reference implementation of Merces, a blockchain for cross-chain DeFi. Built using the cosmos-sdk.

Purpose:

The project:

Merces is a The SocialMedia Banking Account Maker. It Reshape every users of every website as a Banking Account. His first purpose is to manage transfer from Wallet to Social Media Accounts. Any people receiving Coin on his Social Media can transfer received money on his Main Wallet.

For websites

Enable crypto owner to make transfer to my users

For users

Creating web content, build Community and get support from them transfering money to my account without requiring any information

Concepts:

DNS : (Domain Name Service) it register and keep ownership link between web DOMAIN and Public Key Example:

Domain	Publickey
mercestoken.com	XXXX
facebook.com	YYYY

When claiming a domain you can manager UNS in your scope

UNS : (User Name Service) it register and keep ownership link between User of a Domain and its Public Key Example: in 'mercestoken.com' scope

Username	Publickey
Alice	AAAAAAAA
Bob	BBBBBBBB

As a user you delegate rights to one PublicKey. Then the Publickey signing transactions can get back money sent to the Account

Example of process:

• any-social-media.com : HEY I am any-social-media.com
• Bob (on the website) : HEY I am Bob I delegate rights to PublicKey BBBB
• Alice (on the website) : HEY I am Alice I delegate rights to PublicKey AAAA
• AAAA (on Merces Network) : HEY transfer X token to 'Bob' being user of 'any-social-media.com'
• BBBB (on Merces Network) : HEY get back all my money I got on 'Bob' of 'any-social-mecia.com'