FAQ / WP

NEW MEMBER LOGIN / WALLET ISSUES?

"Monetizing the distribution of 'free' value for ALL"

Pinball.cash is a working whitepaper & study of blockchain efficiency, distributive tokenomics, "coin control" tokenization, and DATABASE/BLOCKCHAIN "lattice" implications for interplanetary data routing.

"pinball_protocol" refers to the framework of "best practices" being used to create cryptographic tokenizations: a hybrid DATABASE/BLOCKCHAIN "lattice" from Ruby On Rails(RoR) and Trianglescoin. The pinball_protocol "lattice" allows us to utilize the best of both forms of data storage. RoR gives us speed and gas-free processing while the blockchain creates an immutable record of our "tokenization transactions".

Because "Pinball" is built from a "defunct" 2014 cryptocurrency and styled with heavy web 2 overtones, the team likens it to a venerable pinball machine. Balances are directly queried from the Trianglescoin server, thus giving users a true blockchain experience that can feel like a pinball dissapearing and returning to play as inputs become outputs and then inputs again.

Tokenization strategy

Pinball's development team at TIM3H3AD DATA has used "coin control" to tokenize economies in Detroit since 2014. Their focus has always been simple, LoFi, low-cost, gas-free, hype-free, FOMO-free tokenization and decentralization strategies.

After finding tfreedman's explorer, the pinball team began building RoR Controllers able to create non-standard, dynamic, programmatic blockchain transactions. These transactions, confirmable and interpretable through RoR using 1-5 standard RPC server calls, take on new meaning inside our ROR database.

Simply put, the pinball_protocol's tokenization strategy is to issue and transfer ownership of "OSHI" UNITS of any cryptocurrency as tokenized units of a created asset. Bitcoin refers to 0.00000001 as 1 Satoshi. Trianglescoin refers to 0.000001 as 1 Tritoshi. Currently, Pinball uses 100 Tritoshi or 0.0001 TRI to represent 1 UNIT so this pinball version is said to be "100 TRiTOSHi / bit".

First pinball_protocol TOKENIZATION TX using Trianglescoin.

Pinball LoFi DeFi Transactions
Here is an explanation of how the pinball_protocol creates a Web 2.0 LoFi DeFi experience using any shitcoin cryptocurrency:
1) New MEMBERS create a CRYPTOPROFILE where they can create ADDRESSES by supplying an email and password.
2) These ADDRESSES can be funded through AIRDROPS. (The AIRDROP faucet is 100% supplied from POS earnings and Pinball DeFi fees from TRI whales.)
3) MEMBER to MEMBER Tritoshi transactions are "LIKE" button simple as RoR handles all MEMBER address data.
4) ADDRESSES with $0.25 worth of Trianglescoin (currently 250K Tritoshi) can afford Pinball minting fees to create a THING. (100% of fee goes to the AIRDROP faucet)
5) Once created, THINGS can be exchanged for Tritoshi as OWNERSHIPS. These ownerships are exchangeable as well (ETA v.88).


THING CREATIONs (TOKENIZATION TRANSACTION™) are represented by 2 ADDRESSES that RoR manages "under the table".
One address receives "PAYMENT" while another controls the "signature" UNITS.
MEMBERS can specify an alternative TRI address (not on pinball) to receive "payment".
A typical THING createrawtransaction follows this form:
[{ thing_signature_address : 0.01, pinball_faucet : 0.25, change_address: 0.xxx }]
NOTES: The THING creator's wallet balance is converted into the correct number of signature UNITS (100HOURS x 100 TRiTOSHi = 0.01), the Pinball faucet is paid 250k and the correct change is returned to the creator's wallet.

OWNERSHIP CREATIONs (INTERPLANETARY ESCROW TRANSACTION™) allow Pinball users to trade cryptocurrency for a tokenized asset in ONE transaction that can be confirmed instantly via the TRIANGLESCOIN memory pool. A trade such as this would take 8 minutes to confirm from Earth to Mars while it delivers BOTH the tokenized "signature" UNITS and the designated amount of cryptocurrency. If TRIANGLESCOIN nodes can be equidistantly established between planets, this time will halve per each node. We will experience service interruptions and varying confirm times due to orbital cycles and other cosmic interferences but by placing at least 3 satelites around the Sun (between Earth and Mars) we could greatly limit these service gaps. Bitcoin is well suited for Mars with a 10 minute blocktime and all blockchains should naturally adjust.
-Pinball's "Collide-0-Swap" viewer checks for "spoofs" by using RoR's collection of all relevant TXIDs.
-Pinball verifies the collector's balance and checks for any previous OWNERSHIPS. Every collector has one "quiver" address for each THING they acquire.
-Pinball creates an OWNERSHIP transaction from a combination of inputs from both the THING's "signature_address" and its collector's funding address.
The output is as follows:
[{ quiver_address : 0.0004, pinball_faucet : 0.025, receive_address: 40, signature_address : 0.0096, change_address: 0.xxx }]
NOTES: The quiver_address receives correct amount of acquired signature UNITS from the signature_address, the pinball faucet is paid 25K, the THING's "maker" receives exchange VALUE of 8 TRI, "leftover" signature UNITS are returned to the signature_address, the change is returned to the "collector" and a new TXID is added to OWNERSHIP collection for "spoof" verifications.


Ask for TERRI or WB on TELEGRAM and we will send you a cafe treat! Thank you for your patience and support while building pinball.

Note: Full block exploration is temporarily down for this version of pinball.
□IPFS storage SOON!
~wb
@curiousbank

pinball protocol v.89_5 beta
RoR x 100 TRiTs/BIT
x TIM3H3AD DATA DETROIT