Martkist is a new and innovative community driven project which aims to revolutionize the crypto industry by bringing anarchy to online commerce, escrow systems and blockchain in general.
I promise, it’s not as bad as it sounds!
In some ways blockchain technology already shares certain anarchistic traits. Indeed the main use-case of blockchain technology today, which allows individuals to take full control over their own finances without banks and third-parties is already a move in that direction. However Martkist doesn’t just stop there. Instead Martkist hopes to bring about a new way of thinking and decision making especially in the online commerce and escrow industry.
Martkist- what do they believe in?
The main philosophy that drives Martkist is essentially organized anarchism. In other words Martkist believes that the current system of decision making is tedious, time consuming and oftentimes without tangible results. Martkist envisions a different future- a future where decisions of the few don’t necessarily have to have an impact on the many. A future where
everyone’s voice gets heard and community members have an equal chance at proposing new ideas to be taken under consideration. This is considerably different from what’s currently happening on both the broad political landscape and in the online commerce industry in general where a select group of individuals are oftentimes given too much power over decisions that have an impact on the many.
Online commerce and community governed escrow systems
Martkist is working to revolutionize the way we do our day-to-day business online. From community governed escrow systems to DAO (Decentralized Autonomous Organization) style dispute resolution platforms, the Martkist ecosystem will enable individuals to earn extra income by becoming an escrow agent and sharing their expertise in various areas especially in the online commerce industry.
The MARTK cryptocurrency specifications
At the center of Martkist lies the MARTK cryptocurrency- a SHA256 POW coin suitable for mining with ASIC miners. MARTK has an average block time of 60 seconds and a block size of 6mb. Mining difficulty is adjusted every 3 blocks and supply is hard-capped at 30 million which is believed to be reached within a decade.
Depending on your hardware capabilities it might be more profitable to just buy a stack of MARTK instead of mining it. This is especially true in the early stages where the cost of electricity is significantly greater than the yield in cryptocurrency. (Disclaimer: This is absolutely NOT financial advice).
Will crypto-anarchism work in real life?
Community funded projects, escrow systems, dispute resolution and community governance all sound beautiful in theory, but would it actually work in real life? It is my belief that such an utopia can only be possible once the current models have proven to be ineffective beyond a shadow of a doubt and simply collapse.
There’s still a long way to go from here to there and most of us are simply unwilling to go along with change. Indeed, the major paradigm shift around crypto and blockchain technology requires tremendous effort from everyone. From developers working on cutting edge technologies to businesses that incorporate them to users who are willing to take the risk and actually use such platforms- only time will tell whether or not it works out in the end.
More info: https://martkist.org/