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Author Topic: Coin Ideas  (Read 430 times)
no-ice-please (OP)
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August 13, 2015, 04:57:15 AM
Last edit: August 14, 2015, 05:15:04 PM by no-ice-please
 #1

A thread to post ideas any coin is free to use.

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rnicoll
(...) looking at blockchain "regenesis"; creating a superblock that contains a Merkle tree root for the UTXO set, so that if you have that block and the UTXO set, you don't need any of the preceeding blocks. Clients would then contain a checkpoint for the most recently superblock, and you have to trust your client, but you already have to trust your client anyway.

It's a long way off (it's not even formally started yet), but I thought people might be interested in knowing what's being looked into.

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a) Divide blockchains into 6 month segments.
b) Reduce each segment down to a list of the final balances of all the existing addresses.
c) Each client would download alternating segments so that 50% of each client's download was "summary" segments and 50% was full segments. For example half of people would download the first full 6 months of the blockchain and half the "summary" version.
d) A person could opt to download the full blockchain if they want.

These huge downloads are getting expensive.  

Eventually I might summarize other posts below in the op.

added
But delete the names of any existing coins that are mentioned.
btccashacc
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August 13, 2015, 05:50:12 AM
 #2

i have idea to create coin like YOVI Smiley
for long invest
foxkyu
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August 14, 2015, 11:29:19 AM
 #3

i have idea to create coin like YOVI Smiley
for long invest
what the best thing about yovi??
nothing interesting i saw there, it's more like ponzi scheme
rnicoll
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August 14, 2015, 02:08:55 PM
 #4

A thread to post ideas any coin is free to use.

Idea #1
a) Divide blockchains into 6 month segments.
b) Reduce each segment down to a list of the final balances of all the existing addresses.
c) Each client would download alternating segments so that 50% of each client's download was "summary" segments and 50% was full segments. For example half of people would download the first full 6 months of the blockchain and half the "summary" version.
d) A person could opt to download the full blockchain if they want.

These huge downloads are getting expensive. 

Eventually I might summarize other posts below in the op.

I'm supervising a project (as part of Dogecoin) looking at blockchain "regenesis"; creating a superblock that contains a Merkle tree root for the UTXO set, so that if you have that block and the UTXO set, you don't need any of the preceeding blocks. Clients would then contain a checkpoint for the most recently superblock, and you have to trust your client, but you already have to trust your client anyway.

It's a long way off (it's not even formally started yet), but I thought people might be interested in knowing what's being looked into.

Dogecoin Core developer, ex-researcher, trader.

Unless stated otherwise, opinions are my own and do not necessarily reflect that of other Dogecoin developers.
btccashacc
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August 15, 2015, 05:00:39 AM
 #5

i have idea to create coin like YOVI Smiley
for long invest
what the best thing about yovi??
nothing interesting i saw there, it's more like ponzi scheme

If you trader you know how to increase your income

open ICO coin and use bitcoin from ICO to trade it

after you get profit you can buy all of that coin Roll Eyes
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