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[Dazza]

Well if we can agree on a scheme with many different transaction types (as described above to handle the decentralized computation power market) and a PoS backed blockchain-security (in whatever form, depending on pure PoS or PoW proportionate) we could theoretically set the ball rolling and begin with a development into that direction.
Users would see the progress and soon have something they can play with, and the itty-gritty details of the scheme can be still decided on in this thread  

Another advantage to dumping user-supplied PoW.  The project naturally splits into two subprojects - a cryptocurrency, and the distributed market for computer processing.  As far as the cryptocurrency is concerned, we could maybe start by finding the existing one that best suits our purposes, and fork it.

[Dazza]

Final remark before I go to bed.  With all the mental energy we've put into user-supplied PoW, we've hardly even began to think about proof-of-correctness.  I have, however, been thinking about it somewhat.  My main conclusion is that it's complicated.

[Evil-Knievel]

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[Evil-Knievel]

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[provenceday]

this project need a lot lot of work..but if you can turn this come true, it will rock..

but seems even you complete it, you can only solve EP problems, it's more like  seti@home project?

[Kronenberg]

Ive always wanted a cluster. The world needs more clusters

[Evil-Knievel]

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[Dazza]

but seems even you complete it, you can only solve EP problems, it's more like  seti@home project?

What is EP?

[Evil-Knievel]

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[cyberhacker]

something wrong on the website?

the ELC amount is not popping out

[cyberhacker]

any idea about IOTA chaos?

https://bitcointalk.org/index.php?topic=1354220.0

[Evil-Knievel]

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[cyberhacker]

any idea about IOTA chaos?

https://bitcointalk.org/index.php?topic=1354220.0

I cannot comment on that as I neither know about ITOA nor did I follow their announcement threads.
But in general, it is never wrong to check if there is really some research going on or if an announcement thread is full of sockpuppets hyping the coin with excessive "moon-talk".
Such trolls are like a shady car salesman. Always want to show you the price and kick the tires but don't want you to look under the hood.

lol, anyway that is very entertaining.

another noob question.

what we will get when ELC launch.  a token created on OMNI, XCP  or a real "ELC" on ELC chain or platform.

[Dink]

Will you be covering what typy of governance system you would like to see in place in the whitepaper?  Looking at bitcoin and the number of  miners that are now based in china l am not sure at what point and how much of bitcoin and the blockcain they will
control.   Are they the ones who should be controling it?  I dont think do.  Like order to disorder, decentralization leads to centralization unless there is a mechanisim in place to keep it in place.

just some thoughts

excuse the typos...tablet typing not my best

[Dazza]

Another advantage to dumping user-supplied PoW.  The project naturally splits into two subprojects

Edited to add an appropriate film reference.

[Dazza]

any idea about IOTA chaos?

https://bitcointalk.org/index.php?topic=1354220.0

In what way is this relevant to us?

[Evil-Knievel]

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[Evil-Knievel]

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[Cryptorials]

Great to hear that work has already started with creating a fork and adding different transaction types.

As long as you're sure that you won't feel the need to go back and revise the earlier chapters when you start working on the later ones then publishing each chapter as you complete them would be nice too.

[pakrulakzal]

I read the white paper. Great ideas. Invested small amount in this project. I don't know much about coins but i do know most successful projects come from crazy ideas and crazy people. .BTW all the best EK and teams.