EXCITING UPDATES COMING TO MYCE BLOCKCHAIN!
Posted by Myce Dev Pedro, copied directly from Discord: https://discord.gg/rcU6b6u On this end of the year, we have with us a new Blockchain upgrade.
There are 4 main features available for this upgrade.
Atomic swap support, lightning network, off chain oracle endpoints and Governance.We are going to add organizational characteristics. To have a currency that is also a digital asset capable of achieving complete autonomy.
In summary: MYCE adds to his blockchain the best of BTC, BCH ABC, BCH SV and Elements. I have not found a blockchain that has all these functions + GOVERNANCE
And on this last point, I open a discussion for @everyone. Final decision is on #citizens channel.
Governance is not a feature, it is a complex system. Voting is an optional but incentivized part of that system.
The funds on which you vote in your distribution always come from the blockchain. It is the model that everyone pursues.
With Governance every masternode owner, our @Citizens, will finally decide and propose. There will be a website to organize the information but the voting done ON-CHAIN. A Truly Decentralized Autonomous Organization.
What do @Citizens want to do?
Today 100% of the block rewards distribute like this:
80% masternodes
20% staking
0% governance
+ Options
1) We reduce the percentage for masternodes
2) We reduce the percentage for staking
3) We increase the block reward to include governance and maintain the others
4) Other options?
This is a full detail of the upgrade:
+ Atomic swap support (OP_CHECKLOCKTIMEVERIFY - From Bitcoin )
+ Lightning network support (OP_CHECKSEQUENCEVERIFY - From Bitcoin)
+ Allow verification of transactions on the network depending on the output of an off chain oracle or our BOTS (OP_CHECKDATASIGVERIFY - From BCH ABC )