Analysis of emergent digital asset Ethicoin (ETHIC+) reveals a precise mathematical framework underpinning its operations on the BNB Smart Chain. This report, prepared for dissemination on Ethicoin.org, offers a technical deep dive into the cryptographic and computational mathematics that define Ethicoin, drawing comparisons with established systems like Bitcoin to illuminate its distinct approach to digital finance and social impact.
Ethicoin's core proposition extends beyond its ethical mission; it is built upon a set of deliberate mathematical choices that govern its supply, transactional behaviour, and interaction within the broader blockchain ecosystem. Understanding these choices is paramount for users and developers engaging with ETHIC+.
A foundational mathematical characteristic of Ethicoin is its use of 9 decimal places. This is a departure from the 18 decimals commonly seen in many BEP-20 (and Ethereum's ERC-20) tokens, and distinct again from Bitcoin's 8 decimal places (where the smallest unit is a "satoshi").
For Ethicoin, an amount displayed as 1 ETHIC+ is internally represented within the smart contract as 1 * 109 (1 billion) indivisible atomic units.
Atomic Unit Value = Token Value / 10decimals For Ethicoin: Smallest unit = 1 / 109 ETHIC+
With a stated total supply of 1 Trillion ETHIC+ tokens, the smart contract manages this as:
Total Supply (atomic units) = 1,000,000,000,000 * 109
= 1012 * 109
= 1021 atomic units.
All on-chain operations (transfers, balance updates) are performed using these integer atomic units, ensuring precision and avoiding floating-point arithmetic errors. User interfaces (wallets, exchanges) then apply the 109 division for human-readable display.
This contrasts with Bitcoin's 1 Satoshi = 10-8 BTC, and the common ERC-20/BEP-20 standard of 1 Wei-equivalent = 10-18 Token. The choice of 9 decimals offers a balance between granular divisibility and potentially simpler integer handling for some operations compared to 18 decimals, while still providing far more divisibility than Bitcoin.
Ethicoin embeds a distinct mathematical model into each transaction, automatically distributing portions of the transacted value:
Liquidity_Portion = Tvalue * 0.02 (directed to ETHIC+/BNB pool)
Reflection_Portion = Tvalue * 0.05 (redistributed proportionally to all holders' existing balances)
Marketing_Dev_Portion = Tvalue * 0.05 (sent to a designated wallet)
Charity_Portion = Tvalue * 0.01 (sent to a designated charity wallet)
The sum of these fees (0.02 + 0.05 + 0.05 + 0.01 = 0.13 or 13%) means the recipient receives Tvalue * (1 - 0.13) = Tvalue * 0.87. This deterministic, percentage-based arithmetic is executed by the smart contract for every transfer. Furthermore, the planned manual token burns introduce a discretionary mathematical event altering the totalSupply by subtracting burned tokens: New_TotalSupply = Old_TotalSupply - Burn_Amount.
Ethicoin leverages the BNB Smart Chain (BSC), which itself relies on established cryptographic and consensus mathematics, sharing similarities with Ethereum but differing from Bitcoin.
Address = Last_20_Bytes(Keccak-256(Px || Py))
Address_BTC = Base58Check(RIPEMD-160(SHA-256(Public_Key)))).mapping(address => uint256) public balances; where uint256 represents non-negative integers up to 2256 - 1.amount (in atomic units) from sender to recipient:
require(balances[sender] >= amount, "Insufficient balance"); // (Mathematical check) balances[sender] -= amount; // (Integer subtraction) balances[recipient] += amount; // (Integer addition)Modern Solidity (0.8+) includes built-in checks for overflow/underflow in these arithmetic operations, which previously required "SafeMath" libraries.
uint256 public totalSupply; This value is initialized and, in Ethicoin's case, can be reduced by the burn() function.BSC (and Ethereum) uses Merkle Patricia Tries to store account states, contract storage, and transactions.
Ethicoin's mathematical DNA is a blend of its unique 9-decimal precision and transactional fee logic, layered upon the BNB Smart Chain's established cryptographic, consensus, and smart contract mathematics.
This mathematical framework underpins Ethicoin's capacity for complex automated financial operations, its specific tokenomic distributions for social good and ecosystem growth, and its secure existence on a high-throughput blockchain. For the Ethicoin community, appreciating these mathematical foundations is key to understanding the token's capabilities, limitations, and its innovative approach within the digital asset landscape.
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