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What exactly are your future plans with CHIP?
I want to make chipcoin easy to buy and use. I am looking at ways to integrate Paypal/Ideal/Bankwire/BTC transactions into a "swap" website. Some sort of mini exchange terminal. But that will take some time to develop.
Also an integration of my services, such as nodes, blockexplorers etc. I want to make it possible for people to order these services with CHIP, and with every received order in CHIP, a % will either be destroyed, or deposited in a community fund. I will leave that up to the community to decide. A few more games are also planned
Also the thought of a transition to PoS or PoW/PoS hybrid comes to mind.. After monitoring the network for several days in a row, I can honestly say we need something done to compromise the loss in hashes etc. I really like PoW myself.. But for safety and stability reasons this might just need to happen soon.. I would like to know how the community feels about that as well... Of course I will not do anything drastic without consulting you guys first!
As for original features etc. I am still brainstorming about that.. Its not easy to code something that has not been done before in the last 2-3 years.. As you might have noticed only a tiny % of cryptocurrencies has original features backing their coin. But I am working out a few ideas, and will keep you updated about that when I am confident I can truly realise these plans. Hype and disappointment already happens to much in crypto
Currently I am looking at ways to get merchandise going for chip. A small webshop with hats/shirts/stickers/mugs/Chipcoin Pokerchips etc. Promo stuff... Eventually when the webshop is a succes, other things like keyboards, mouses etc will be added
These are the things I am currently working on.. But I have a whole list of things I want to do in the longterm for chip. As said before.. This is not your average 2 weeks daytrader coin.. I am hoping for a reliable and stable community user base...
Eventually a "white paper" will be released with all the plans I have in mind for this coin.
We had a good restart, we are still trading higher then before the takeover.. So the only way to go is forward imo
Cheers,
Banzai
Now that's what I call a thorough answer, awesome!The mini-exchange idea sounds interesting, but don't underestimate the knowledge and security that are required to make it somewhat hack-proof. An audit might be in place, but that costs a LOT of money. Also a lot of time and effort are required if this is to be done properly. Is it safe to assume this mini-exchange idea is planned for a later stage when the coin has established a more solid base? Great idea nonetheless!
I agree, transitioning the coin from PoW to either PoS or a PoS/PoW hybrid might be a good move. How about combining PoS with a special staking reward program? Might make the coin even more interesting for (new) investors. If the community votes for a transition to PoS or PoS/PoW hybrid, will you start with a clean chain?
You're right about the fact that a lot of features have already been (newly) introduced by other cryptocurrencies. And it's not always necessary to reinvent the wheel, so I personally believe this gives Chipcoin a great opportunity to choose from a plethora of already developed features. How about creating - besides the PoS reward incentive - some sort of second layer incentive? Not sure if that will fit the concept of Chipcoin, but it was merely a quick thought.
Hmm.. I honestly don't see any added value in nor the need of creating a merchandise store let alone merchandise in itself. Why would anyone want to buy a Chipcoin shirt? Unless I have misinterpreted the idea, could you elaborate on this? Perhaps focussing on social media actions (like the Twitter campaign you mentioned) to create more awareness is a better move.
A whitepaper would be great, looking forward to the first draft.
My compliments about your interaction with the community. I like how you discuss everything with the community first and keep up the positive vibe. KUDOS to you!
Really curious to see where Chipcoin will be heading.
Would be nice to see some constructive feedback from the rest of the community as well, I know you guys are there.. lurking!