Millicent: directed acyclic graph (DAG) cryptocurrency designed for ultra low-fees, nanopayments, price-stability, mass adoption, and regulatory compliance.

**Millicent结合了法定货币和加密货币的优点，并消除了许多问题-为未来创建了一个全球支付系统。**当你今天早上醒来时，你可能打开了灯，洗了个澡。你有没有想过，做这两个动作中的任何一个都要花一分钱？可能不会。但为什么--鉴于我们可以用古老的技术进行分段支付--我们不能用同样的方式在网上支付吗？答案是：金融体系落后于时代数十年，而且有太多的中间商各自想要分一杯羹。由于手续费高达总成交价的4%，外加20便士的固定手续费，小额付款是不切实际或不可能的。高额手续费对大型交易也是不利的。2019年，仅信用卡提供商就收取了650亿GB的交易费！_这些高额费用对小企业和散户的打击尤其严重。_**区块链经常被吹捧为支付的未来，但它存在根本缺陷。**区块链交易的线性序列导致结算时间较慢，需要第三方交易验证需要支付网络费。**区块链的一种新兴替代方案是有向无环图(DAG)**。通过DAG的分支结构，**交易可以同时进行**，大大提高了交易速度，同时，随着用户进行验证，它可以**完全免除网络费用**！**DAG打开了无数的使用案例。**例如：*点击付费报纸文章，发现出版商收取5便士的费用阅读文章，而不是每月10 GB的订阅。*用户之间来回传递价值的社交媒体网络。而不是大型科技公司收集私人数据来支持个性化广告。*小企业节省了数千英镑的交易费。Millicent基于**固定的稳定代码，如mGBP**，可一对一交易英镑，其价格永远不会波动，因此每个人都知道他们在花/赚什么。目前，我们正在创建一种**易于使用的DAG支持的电子钱包**(以浏览器扩展和iOS/Android应用程序的形式提供)、**以及与现有技术**(支付系统、平台、应用程序)集成的组件，**让他们能够接受超低的费用支付和纳米支付。**如果没有现实世界的用户网络，新的金融系统只是理论上的，所以**我们制定了一个激进的采用激励计划，以确保快速的初步吸引力。*我们相信DAG是全球金融体系一系列改进的关键，我们对未来有宏伟的计划。**

**Millicent combines the benefits, and eliminates many problems, of fiat and cryptocurrency_---_creating a global payment system for the future.**When you woke up this morning, you likely turned on the light, and had a shower. Did you think about the fractions of a penny doing either of those actions cost you? Probably not.But why - given we can make these fractional payments with ancient technology - can't we pay for things in the same way online?The answer is: a financial system decades behind the times, and too many middlemen who each want a cut. With fees of up to 4% of the total sale price, _plus_ a fixed fee of 20p, small payments are impractical/impossible.High fees are bad for larger transactions as well. In 2019, card providers took £65bn in transaction fees alone!_These high fees hit small businesses and sole traders especially hard._**Blockchain is often touted as the future of payments, but it suffers from fundamental flaws.**The linear sequence of blockchain transactions causes slow settlement times, and the need for third-party transaction verification requires the payment of network fees.**An emerging alternative to blockchain is Directed Acyclic Graph (DAG)**. With DAG's branching structure, **transactions can occur simultaneously**, greatly improving transaction speed, and, as users also perform verification, it can **completely eliminate network fees**!**DAG opens up a myriad of use cases.** For example:* Clicking on a paywalled newspaper article to find the publisher charging 5p to read the article, instead of £10 for a monthly subscription.* A social media network powered by passing value back and forth between users, instead of big tech collecting private data to power personalised ads.* Small businesses saving thousands of pounds in transaction fees.Millicent is based on **fiat-pegged stablecoins like the mGBP**, tradeable one-to-one for Pound Sterling, its price never fluctuating so everyone always knows exactly what they're spending/earning.Currently, we are creating an **easy-to-use DAG-powered e-wallet** (available as a browser extension and iOS/Android apps), **as well as components to integrate with existing tech** (payment systems, platforms, apps), **powering them to accept ultra-low fee payments and nanopayments.**Without a network of real-world users, new financial systems are just academic, so **we have developed a radical adoption incentivisation program to ensure rapid initial traction.****We believe DAG is the key to a host of improvements for the global financial system, and we've got huge plans for the future.**