VTSN Sovereign Entity Protocol

A Sovereign Entity Protocol defines the rules and behaviors inherent to a token and/or currency and the associated logical legal entity. Be sure to read the following Sovereign Entity Protocol thoroughly because the acquisition and trade of tokens and/or currency units will always be bound to the rules defined in the SEP.

It's a technical impossibility for the underlying network to violate the rules of the SEP now or at any time in the future. Furthermore, the hash of the Sovereign Entity Protocol is hard-baked into the ledger and transaction log as one of the first entries, which makes the SEP immutable.

Sovereign Entity Protocol for Vertisan (VTSN)

Following defines the entirety of the Sovereign Entity Protocol for the Vertisan Cryptocurrency.

Supply Information

There is a global immutable supply of 1,000,000,000 (1-billion) currency units
No additional currency units will ever be created, minted, or circulated

Individual Rules Enforced

VTSN uses the VeNNeM protocol as a consensus algorithm for rendering of transactions
The minimum trading frequency allowed for the currency units is once every five minutes
Blacklisted entities cannot sell, trade, or exchange currency units until Fractal Network Arbitration clears the entity from the Blacklist

Ring Contracts

The following Ring Contracts are enforced as part of the SEP.
- Supply Policies Enforcement (UUID: ab8r8fwskbxadmhbtpnydfvpgr0gchkdpmhs)
- Sell Price Enforcement (UUID: vsrqrgtnv4ck3q9ce0kj9pezf9npbzqzatrt)
- Sell Time Frame Rules (UUID: ab8r8f61ydc9urvq3nm8rf76fbt7wr3pr42e)
- Yield Distribution Job (UUID: vsrqrgpvgh15uwcyw8ewkzhzxv4cs2nn1atf)
- SUDSLE Legal Entity Compliance (UUID: wn9s9cds2qtbuqh0r8redm5fas8jvsvrsrb6)
- Global Blacklist Enforcement (UUID: tw171v9w4cjx6746kcgwdz20ycdzm89scs0g)

Revision Information