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Yerbas (YERB) is a peer-to-peer decentralized blockchain that facilitates the efficient creation and transfer of assets between parties. Built on a fork of Bitcoin/Dash/Raptoreum with elements of Raven code, Yerbas introduces features designed specifically for issuing tokens on its blockchain. Their issuers can customize these tokens, enabling them to be limited in quantity, named, and issued as securities or collectibles. With Yerbas, users can create their security tokens quickly and participate in global trading.
Yerbas introduces a wide range of token applications. It allows users to represent project shares, virtual goods, physical and digital assets, and credit. Tokens can represent shares of projects, real-world assets like gold bars or land deeds, virtual goods such as in-game currency and items, or forms of credit like gift cards or airline miles. The protocol aims to provide a versatile environment for tokenization, enabling users to create and trade assets easily.
Yerbas differentiates itself from other blockchains through its unique features. It offers a block reward of 100 YERB, a shorter block time of 2 minutes, and a total coin supply of 420 million. Yerbas also implements the GhostRider mining algorithm, discouraging specialized hardware like ASIC and FPGA for increased decentralization. With its custom reward structure and smartnode collateral and reward system, Yerbas aims to provide a smooth emission process while mitigating hyperinflation risks commonly associated with masternodes.
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