🪙Utility Token

Local storing of $Crown - Important

As you know $Crown is used for various activities such as participating in the Arena, Most-Wanted, Tavern, and making purchases within our platform. Due to the high transaction load on the blockchain caused by these activities, we have implemented a hybrid system for storing your $Crown.

When you win $Crown through the Arena, Most-Wanted, or Tavern, instead of immediately being sent to the blockchain, the winnings will first be stored on our secure database. This means that your $Crown balance will have two components: a "database balance" and a "blockchain balance."

The database balance represents the $Crown that has been won or earned through our platform but hasn't been withdrawn to the blockchain yet. This balance can be used within our ecosystem for various transactions, such as making purchases or other activities, without incurring blockchain transaction fees.

On the other hand, the blockchain balance represents the $Crown that has already been withdrawn to the actual blockchain. This balance is used for certain transactions that require the security and transparency of the blockchain, such as the tipping system.

When you want to make a purchase within our ecosystem using $Crown, the system will first check if you have enough funds in your database balance. If you do, the purchase will be completed using that balance, avoiding the need for a transaction on the blockchain. However, if your database balance is insufficient, the system will revert to the usual transaction on the blockchain, deducting the required amount from your blockchain balance.

As a user, the main change you'll notice is that you now have two $Crown balances: the database balance and the blockchain balance. To check your total balance (database + blockchain), you can simply use the command "/bal."

It's important to note that periodic withdrawals to the blockchain are not mandatory. You can choose to keep your $Crown in the database balance and use it for transactions within our ecosystem without any withdrawal. However, if you prefer to have full control over your funds on the blockchain, you can withdraw your $Crown from the database balance to the blockchain at any time.

In summary, the local storing of $Crown provides a more efficient and cost-effective way to handle transactions within our platform, while still ensuring the security and benefits of the blockchain for certain activities.