Translations: Monetary system/106/en

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RESERVABLE - currency units are not issued immediately. Instead the currency issuer sets a block height by which the currency is to be issued and a limit of child chain tokens per unit needed in order to issue the currency. Currency "founders" then spend their child chain tokens to reserve their currency stake. If the amount of child chain tokens per unit needed in order to issue the currency is not reserved before reaching the block height the issuance is cancelled and funds are returned minus fees. If the required reserve is allocated, the currency is issued and units are split between founders according to their proportional stake of invested child chain tokens. In case of rounding, leftovers are sent to the issuer account. See below discussion of usage scenarios for Reservable currency.