Hello,

Well, glad something posted to BitcoinTalk about Commercium.

Commercium is not a 'coin' in which a fair launch is needed. For it is an endeavour to achieve some intuitive innovation. It is coded from a base, it is the first Bitcoin based, crypto to implement Equihash; meaning it is not a fork.
Commercium is missing 24 rpc calls which are being programmed in and are on the private commercium github repo. The reason it is not public is, people would assume its ready and start compiling and using the unfinished code. This is very common for a project in the works. I believe so many people are accustom to coins being done and coded quickly because of the massive amount of 'copy and paste' forks of Zcash, Ethereum and Bitcoin. If you really make a clean from the bottom up coin, it takes time. Just to make a Changelog can take up to 2 days. There are a couple things which Commercium codebase is under works for. RPC Calls, for a dozen RPC calls to be added to work with wallets, exchanges, and explorer... block height mismatches, invalid block headers, banning and ban thresholds. invalid pool configurations and processes to ban and notify. Fix hashReserved issues that exist. Fix a subsidy bug that exists. Add the difficulty multiplier from porting from Bitcoin Cash(ABC) code structure. Update chainparams to include something called a 'slow stop' which is the opposite of the 'slow start'. After all this is finished and tested on the testnet, it will be rolled out with new wallets for all platforms. The new RPC implementations will allow for exchanges to use traditional bitcoin accounting and labeling or any other RPC procedures they would like. All in all, Commercium will have the ability to co-exist with all other Bitcoin code and applications without much modification. We expect to work on our own iOS/Android wallet which would be 100% decentralized instead of a centrtalized wallet like 'Copay' which depends on, another server or 'wallet service'. We expect to implement quite a few things in the coming months. Please understand that this is all from scratch which does take time. For those who want exchanges now, I think its for the better to say that, it will come when its ready. Commercium is in no rush to implement garbage. We work to implement innovative technologies using the blockchain and distributed ledger. I have had a lot of questions regarding master nodes. I have to say that, most of all master node related crypto depends on Dash code. Now the problem with Dash is.. if you have seen the documentation, the code, or the youtube videos about it.. You would know that its not going to be implemented with Commercium. The way it works is not how we with Commercium envisioned master nodes. In the future we envision master nodes to be paid a portion of the blocks allocated in the 24 hour period, and those who run a full node should also be compensated. We think its best that anyone that has the desire to be a part of Commercium should get the most out of the experience and we will be making a system to even reward simple users who run just a full node or 'validator' if we choose to go down the instant pay route. We have 30 second block times and 8MB blocks. We are not segwit and we have quite a beautiful stress test benchmark. We will release a BitcoinTalk ANN when we feel Commercium is ready for the public. As of right now, beware that Commercium has quite a bit to go before it can be considered stable. On that note, it is a good idea to mine some Commercium. Commercium is available on quite a few pools and those who are interested in equihash based coins would know that Commercium has been on some pools for sometime now. Originally it was stated that masternode would no be available until after block 100,000. As we have already hit the block 100,000 -- master node could be released at anytime, when the proper master node code is of our liking.


For those who want to be a part of Commercium or learn more, please feel free to join us on slack or discord, the links are on the website. https://www.commercium.net or https://slack.commercium.net/


-Anthony

Isn't that kind of the point of this coin? It's like Dash but not centralized by ASIC miners

The fair launch and community-driven aspect of this project is awesome. I wish more coins like this. And the name of it is great. Combining Bitcoin and Zcash which are 2 devoted communities in their own right. I like the setup for this coin.