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May 05, 2017, 07:24:09 AM |
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Hello
I'd like to receive some feedback on an idea for an altcoin, if technically oriented people are still reading this board.
It is very simple.
The network will mint PoS coins, Peercoin style with very short block period.
It will also mine a colored coin (representing an asset) using proof-of-work with very long block period.
(The idea being that the asset can be traded on market with the PoS coins.)
Both kinds of blocks co-exist in the same chain.
Seems to me you could get the best of two worlds, fast confirmations with the short PoS block times (10-30 secs) and stability with the long PoW period (8-12 mins).
Am I missing something? Has it been done?
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