Ampleforth — the developer of a new synthetic commodity designed to diversify risk — has released an updated white paper for its digital asset protocol. The paper was shared with Cointelegraph in an email on May 13.
Citing prior researchers, the white paper’s co-authors define a synthetic commodity as “money that has absolute scarcity but lacks non-monetary use value" — whose possibility was heralded by the innovation of blockchain technology back in 2008.
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