
Googoolplex: Transaction is Universal
New World Currency
Our modern society is completely dependent on electricity so it only make sense our currency or method of financial transaction also reflects that.
Terms that will be used in this white papper to define the digital currency used in the Googoolplex systems are: Photon, KWh, Shem and Zeno
Definition
Photon: Photons are massless particles that can move no faster than the speed of light measured in vacuum
KWh: A kilowatt-hour (kWh) is a unit of energy, specifically the amount of energy consumed by a 1,000-watt (1 kilowatt) appliance running for one hour
Shem: The smallest monetary unit in the Googoolplex system
Zeno: The native monetary unit of Goolgoolplex system to complete a transaction
Value
1 photon = 1 shem
(the energy produced by 1 photon of white light in vacuum is the value used in Googoolplex system is the standard unit and we will call it 1 shem)
Energy of 1 photon is 10-19 Joule 0r J or
1 photon = 10-19 J
So the value 1 shem is 10-19 J
To keep it simple and bind this unit to the modern world of electricty we will use kWh which is used by our utility comapny to determine how much we need to pay for our electric bill
1 kWh= 106 J or
106 J = 1 Kwh
Therefore, 1 photon = 10-25 kWh or
1 kWh = 1025 photon or
1 kwH = 1025 shem
Now, we will assign 1 kWh to Googoolplex native currency Zen0. So 1 zeno = 1 kWh
Therefore, 1025 shem = 1 zeno
Summary
1 photon = 1 shem
1 kWh = 1 zeno = 1025 shem = 1025 photon
or 1 zeno = 1025 photon
Therefore, to produce 1 zeno coin 1025 photon is needed or 1 kWh amount of electricty is needed to create 1 zeno coin.
So now we have a currency that is not based on any market factors but a universal constant the energy of photon. Now the currency is inflation proof and cannot be affected by market conditions.
Supply = 1025 zeno coins can be produced at a time globally
If there is ever an occurence of more 1025 zeno coin produced then 50% of the coins will be donated to the ETHA foundations Inc for their research purposes
How does it work
1 zeno is a not just a coin but an storage of 1 kWh energy, when needed can be used to charge your phone or anything you desire and vice versa.
So the Googoolplex is a system where it creates digital currecny called zeno coin using electricty and stores it into packet of 1 kWh as 1 zeno coin. And zeno coin can be traded like any digital currency in the free market.
Energy cannot be created or destroyed, just transformed into different states and forms
