HOW IT WORKS 04
FLAP deploy TICKER supply price creatorClaims a ticker. The first paid memo wins it and sets supply and price permanently.
FLAP buy TICKER holderBuys at the fixed price with attached ZEC, in whole coins and never past supply.
FLAP send TICKER amount to nonce signatureMoves a balance. The proof is the holder signature, not the payment value.
There is no protocol trade fee. The deploy fee makes claiming a ticker deliberate.
Zcash has no smart contracts, but it does provide a 512-byte encrypted note on shielded payments and an address with a view key that can be published. That is enough to produce a private instruction and a reproducible public record.
When native shielded assets activate, each ledger balance is designed to convert one to one into an on-chain asset. At that moment, the ledger stops being the source of truth and consensus takes over.
READ BEFORE YOU SEND
There is no escrow contract on Zcash. Money sent to a sale sits with Flapline until it is spent or returned.
Until native assets exist, balances are reconstructed from the public rules and published viewing key, not enforced by consensus.
Overpayments are recorded as owed and settled by hand. The spend path is deliberately not implied.
It never leaves this browser. It cannot be reset, and whoever holds it owns the balance.
Unreadable orders are counted and ignored, even though the ZEC carrying them has still arrived.
FLAPLINE is not affiliated with Zcash, Electric Coin Company, or the Zcash Foundation.