Lira
The gold mark is the coin. One lira is one hundred qirsh, the way one dollar is one hundred cents. You spend it with a key that is created in your browser. Those twelve words are never stored on the server.
It starts in the Middle East
Lira
A coin with a hard stop at one billion, and a sakk you pass from one phone to the next.
The Sakk network
- 1 lira = 100 qirsh
- 1,000,000,000 lira, then no more
- Network fee: 1 qirsh
- The spending key stays on your device
Lira is the coin. Sakk is the network that carries it. The founder cannot mint a single extra lira, freeze a wallet, or rewrite a payment.
01 Two marks
One coin. One network.
Sakk
The silver seal is the network. Sakk is also the name of a check: an amount you can hand to another person, in the room, without sending it across the world first.
02 A different way to pay
Pass it by hand. Or write it on the ledger.
A payment to another country is signed and recorded, as on other coins. In the same place, two people can pass a sakk from phone to phone. Passing and splitting do not pay the network fee.
صك
Sakk
A check. You choose the amount and how long it lives. The other person holds it on their phone. Handing that sakk over is free.
فكّة
Fakka
The change. Split one sakk into the part you give and the part you keep. You can do that on the phone, without minting a new coin.
أجل
Ajal
The deadline. When the time ends, the coins go back to the person who created the sakk. A shop sakk lasts one day. A sakk between people lasts seven days. A one-minute sakk exists so you can try it.
Another country
A remote send is written on the ledger. The fee is one qirsh, and it goes to the node that records the settlement. It does not go to the founder.
03 Fixed
One billion lira. Then the mint closes.
The numbers below are the whole supply. They were set on the first page of the ledger. They do not grow.
700,000,000 to node operators
Released over twelve years to people who run a node. Years 1 to 4: 100,000,000 lira a year. Years 5 to 8: 50,000,000 a year. Years 9 to 12: 25,000,000 a year.
100,000,000 to the founder
On the first day, 4,000,000 lira can be spent. After that, 2,000,000 unlock every 30 days, for 48 months. This wallet spends only its own coins.
100,000,000 to build
Set aside for the work of building the network: software, nodes, and the tools a shop needs.
50,000,000 for waqf
A public-benefit allocation, held apart from the founder. The plan is learning, aid, and work that belongs to people, not to one owner.
50,000,000 for a future pool
Reserved so people can one day exchange other money for lira. That pool is not open. This website does not sell lira, and a dollar does not turn into lira here.
04 Security
The key stays with you.
A node can record a payment. It cannot spend your coins. The words that spend them are created on your device.
Twelve words
They are the backup of the spending key. Write them on paper and keep them private. Anyone who reads them can spend what the wallet holds. The server does not keep a copy.
A password on that device
After you enter the words, a password encrypts them in the browser. Locking the screen clears them from the open page. The password is not sent to the network. A different browser does not remember it: you enter the same twelve words again.
A signature on every spend
Each payment is signed by your key. Nodes check the signature before the ledger accepts it. The founder cannot sign for you, freeze you, or mint a coin to replace one.
Hidden amounts
You can shield coins. The shield itself shows the amount. After that, a hidden payment puts a commitment on the ledger, not the number. The person you pay can read the amount. The node cannot.
Copies of the ledger
Each block takes work to seal. Other nodes can keep the same chain and follow the chain with more work. This site is the first public node. The network is built so more nodes can hold the ledger, so one computer is not the only record.
Keep the twelve words as carefully as a Bitcoin backup. Lira is a new network, and its proof of work is still small. Safety of the coins in your wallet begins with those words. The public node does not hold them.
05 From the Middle East
Built here, so a person anywhere can use it.
Sakk begins in the Middle East, with the hope that a way of paying born here can serve people everywhere. The aim is a money they can hold in their own language, pass in a shop, or send to another country, without first asking a bank for an account.
For ordinary payment
Two phones can pass a sakk. A shop can set a one-day limit, so a forgotten check comes back. A person far away receives a signed payment. The recording fee is one qirsh.
A waqf on the ledger
Fifty million lira are allocated as waqf. The intention is public benefit: teaching, help for people in need, and work that outlasts the founder. The allocation is part of the open supply, not a slogan.
What is still ahead
More independent nodes, in more countries. Tools a shop can use. A public exchange pool, which is not live yet. And this explanation, in the languages people read.
Your wallet
Open it in the browser.
Creating words starts a new wallet at zero. Coins arrive only when someone sends them. If you already wrote twelve words on paper, enter those same words. A second set of words is a different wallet, and it does not receive the founder coins.
Open the walletUse this page on https://sakklira.tech so the browser lock can encrypt your words.