Thread by @Islamic_Coin

We want to tweet regarding @MBitcoiner, @c_hashreview, @harris_irfan, @brucefenton, @MuatafaGMI, and other ‘Bitcoin maxis’.

You love #Bitcoin almost blindly, probably even more than it deserves. But we are here not to convert your opinion.

#IslamicCoin’s team shares mostly the same perspectives about Bitcoin as ‘bitcoin maxis’ and is devoted to the goal of inclusion of unbanked people into the modern economy. We do like decentralization, resistance to manipulation, deflationary nature, etc. But let’s draw the line.

#Bitcoin is the first mover. In the 12 years of its existence, we've witnessed many other coins and blockchains with different value propositions and utility, like privacy coins, #DeFi protocols, #stablecoins, and #NFTs, to name a few.

Particularly, developers' conservatism made #Bitcoin inconvenient for building dApps. #LightningNetwork is centralized and non-interoperable. New blockchains emerged for better tools – @ethereum, @solana, @NEARProtocol, @cosmos, @avalancheavax, and others.

We are not trying to compete with #Bitcoin. #IslamicCoin strives to offer an alternative crypto ecosystem suitable for those with specific beliefs and values.

#IslamicCoin & @The_HaqqNetwork emerged out of a desire to address this issue affecting Muslims, aiming to be inclusive and accessible to everyone while adhering to Islamic values and being Shariah-compliant.

#HAQQnetwork is a platform, which is the means for other companies to build ethical projects. Products deployed on #HAQQnetwork may apply for assessment to claim that they follow Islamic principles.

The #HAQQnetwork's Shariah Oracle assesses smart contracts or tokens for Shariah compliance and provides a halal certificate as a Soulbound token. This certificate makes products interoperable with the ecosystem.

Also, #HAQQnetwork is interoperable, and our team has chosen a time-proven PoS consensus mechanism combined with the most common execution layer, EVM.

Our UX-focused approach allows our users to benefit from the fast finality of transactions on #HAQQnetwork and #HAQQwallet’s ‘private key security without a mnemonic’ feature (which we’re currently implementing).

$ISLM is a community-owned asset. Ethics and philanthropy are in the DNA of our community. Our ecosystem is compliant with Shariah. We believe that our effort will push blockchain technology, and #DeFi in particular, to adopt a strong value system.

Chasing the original mission of #Bitcoin we are building a sound and ethics-first digital currency and platform for web3 development.

Triada of #IslamicCoin & #HAQQnetwork — Muslim people, developers, and philanthropy.

Let's hash it out on Twitter Spaces.

We're all ears and ready to find some common ground.

DM us with your availability, and let's coordinate!