To create coins is called in blockchain terms “Minting Coins”. In our system only approved “Minters” are permitted to mint coins up to an administrator approved allowance. To promote an account to become “Minter” or to set the allowance X Admin signatures are required.

Note: Usually coins are burned on the Coin to FIAT gateway. It is also possible to delete all minters so that no additional coins can be minted.

The mint command is defined in the settlement namespace and requires 3 parameters.

SenderAddress: The “Minters” address.

TargetAddress: The address the tokens should be minted to. The address can also be a Self-Sovereign Identity.

TokenAmount: The amount of token to be created.

CoinName: Optionally the token name of the coin to be minted. If empty the default name will be used.

Password: Optionally the password of the minters key to unlock the account.

Contact us if you want your address promoted to a “Minter” account. Kindly note that CodeB is a testnet only.