MC2: A cryptocurrency based on a hybrid PoW/PoS system

[tacotime]

An update is going out now via BM -- sorry it's been quiet, the update elaborates.

What is the BM address?

Just PM me one to reach you at

[1713420783]

1713420783

[1713420783]

1713420783

[1713420783]

1713420783

[publicjud]

An update is going out now via BM -- sorry it's been quiet, the update elaborates.

What is the BM address?

Just PM me one to reach you at

PM sent

[tacotime]

Discussion of the fundraising model and call for community involvement thread: https://bitcointalk.org/index.php?topic=467528.0

I will get people who pm'd me added to the newsletter tomorrow

[_ingsoc]

Discussion of the fundraising model and call for community involvement thread: https://bitcointalk.org/index.php?topic=467528.0

I will get people who pm'd me added to the newsletter tomorrow

Feel free to join in. It'd be good to get some thoughts and discussion going on the idea of funding cryptocurrency dev work. Especially now that tacotime is going to move into that role if it can work.

[JessicaMILFson]

I think the proposed model will work well

[tacotime]

Short newsletter sent out on recent developments.  Sorry to accidentally post it to the skycoin chan, wasn't my intention.  Regards, tt.

[jubalix]

I was wondering when someone would come around and implement all of the cool features we are seeing in other alt-currencies at once, yet you seemed to have taken it another step further. How much of the feautures do you plan on borrowing directly from BTC using their stable code as a base? Without trying to pick on an obvious influence for your current model, it's nice how your are already showing the inner working of the math involved within the original alpha white paper. Something that PPC is still lacking in my opinion.

Thanks.  I think it's best to go over the theory really hard before even trying to put it into code.  I want to try to stick as closely to the original BTC code as possible.

If Sunny King or other PPC folks want to chime in, I'm kind of curious as to how PPC prevents brief forks using rapid bursts of stake blocks.  The network time method seems like the easiest and most foolproof method to implement, but I'm wondering if there's some kind of major problem with it.

I think NXT has a should forge nxt routine that penalises a node for not producing the next block......

Also when is the launch

I feel that once nxt gets its p2p exchange out, and it works now, plus scripting, its kinda game over for almost all alts excepts PeerCoin, LTC, Doge, PrimeCoin, CureCoin and ethierium.

and nxt inturn will get taken down by NEM and Emunie.

[_ingsoc]

I think NXT has a should forge nxt routine that penalises a node for not producing the next block......

Also when is the launch

I feel that once nxt gets its p2p exchange out, and it works now, plus scripting, its kinda game over for almost all alts excepts PeerCoin, LTC, Doge, PrimeCoin, CureCoin and ethierium.

and nxt inturn will get taken down by NEM and Emunie.

I personally don't prescribe to the competition mindset. What we've been saying is that we just want to build stuff that people like and want to use, and do that really well. I don't want to kill any project, just take what's good and contribute back what we think is good (but even that's in the eye of the beholder).

E.g., we chose btcd because we think the Conformal Systems guys are on the ball, and believe a modular approach of the btcd code base will benefit this project in the long term. There's lots of learning to do, and it's a continuous process. It's always fun to do a bit of trolling, but I'd like to see all of those projects succeed.

[_ingsoc]

If anyone wants to submit name suggestions for the project, you can do so using this form (Google Docs Form - MC2 Project Name Suggestions). Even though it might not end up being the name of the project, there are many components to the system, and future systems, where we can work good names into. I'll ask tacotime to add it to the main post as well when he's back.

[tacotime]

Back from the Texas conference

Update soon

[CoinHoarder]

Back from the Texas conference

Update soon

Sweet! Another 2nd gen crypto. 

When people develop innovative open sourced alternatives to Bitcoin only good things can happen. The crypto world is evolving so fast with so many new projects.. it will be interesting to see what happens. Good luck!

[tacotime]

An update on development has been pushed here: https://bitcointalk.org/index.php?topic=467528.msg5610734#msg5610734

New (short) newsletter coming in a bit

[yshuifejng]

Nice! looking forward to this coin

[renxiaoyao]

Another 2nd gen crypto? This seems like a fun thread, I'll keep watch in this thread

[Lordoftherigs]

keeping an eye on this one

[tacotime]

Development is still ongoing (of course, I have nothing else to do right now but develop this); if you want to hear about goings on, there's a weekly newsletter distributed every Sunday or Monday via Bitmessage.  Just give me your Bitmessage address.

[yshuifejng]

Development is still ongoing (of course, I have nothing else to do right now but develop this); if you want to hear about goings on, there's a weekly newsletter distributed every Sunday or Monday via Bitmessage.  Just give me your Bitmessage address.

ok, I have sent my Bitmessage address by PM 

[digitalindustry]

Hey if you are talking to the guys from Conformal Systems.

tell them I sent them two emails and they never replied, I'll come back and show them what they missed out on soon, pity.

[a20756079]

How would you prevent someone from messing around with the democratic voting system? Would they be able to game it using multiple clients/computers/VMs?

[jmlindn]

Will be one to watch. Would it be Scrypt-based, or an offshoot of scrypt?