|Silkaj is part of the Duniter
project which aims at creating a currency that considers every
member of the monetary community as an equal.
|Within the framework of The Relative
Theory of Money, all members of the community issue the same
amount of money.
|This monetary equality is ensured by a
Basic Income or an Universal Dividend (UD) which is issued by
It is through the Web of Trust mechanism that individuals are
able to certify each other and hence create the UD.
|As for the methodology, the Duniter
project chose a crypto-currency as foundation for its concept.
In this regard, Duniter makes use of technologies such as
cryptography, blockchain and Proof of Work.
|The UD is growing according to the
monetary mass in circulation and the number of certified
members in order to maintain spatial and temporal symmetry.
|The first free currency, the so-called
Ğ1, was first launched in 2017 alongside with the Ğ1-Test
network for testing purposes.