merchant

A merchant [store]^@ is an account [client state] that partitions a coupon by accepting ¢ents (a charge^{^}) in an exchange with a vendor (on a shared "peer-to-peer" router). Merchants, in turn, stabilize (anchor⚓) the runtime.

Note (+): Each merchant acts as its own UUallet host. Merchants represent inflection points (qln) on a graph of the current.

To qualify as a merchant (bank=yes), the account must transact a minimum of one (1) coupon* in any given period (2600 seconds), or else it reverts to no bank status.An interface. Active with a value of at least one ¢ent. Hypercurrency (see also Double U economics)

Note (+): A vendor may simultaneously be a merchant, and vice versa.