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May 31, 2011, 03:22:25 AM |
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This seems like it could be an interesting experiment, the idea is to run a network like Bitcoin, except that miners will have all the parameters (reward per block, new block frequency etc) easily tweakable, and the client would have the ability to read the proposed values each miner that has found a block has suggested, and mining programs would read the parameters in the N previous blocks (N can also be voted on) and use whatever parameter got more votes is used when validating blocks found since the last time the parameter changed; even things like which percentage of the total votes the most voted change needs to have in order to not be ignored (like, if the most voted value has been voted on by less than 25% of the votes casted then nothing change) would be voteable.
What do you think? Would it even be possible to get enough people participating?
ps:i don't got the skills to code this myself, i'm more of an ideas guy... <.<
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