maybe I'm not very familiar with the technology you are talking about, but as good as any ideas and technology that we create, if without the support or permission from the government then I'm sure will be futile. whether it can be mass adopted while the government does not recommend it?

I guess I've been thinking about this thing way too long now, especially since there's other stuff I have to work on

Anyway, here are some more thoughts:

The following might not be a problem at all, but it's still something to consider.

I think giving users the ability to choose whether they want to pay via Gas-PoW or pay a regular fee might turn into a problem, because it will be very hard to find a way to keep this fair. When blocks get full eventually, users will start to pay higher fees to get into blocks, while with the PoW, there is no such option, at least not if you follow my model (So maybe it wasn't such a good idea after all). You could make a variation, where users could offer more coupons per TX to have their TX processed faster, but that doesn't scale very well. You can't process, say, hundred thousands of Gas-PoW-coupons per block, because the overhead would eat too much into the blockspace. But if a standart TX would only have one Gas-PoW-coupon as a minimum, to provide more coupons to get processed faster would mean you'd have to double the PoW time. After that, the increments get smaller, obviously, but regular fees would still scale better.


Yes, having a small fixed block reward might be a good idea. I think I wouldn't make it bigger than 10% of the maximum possible blockreward.


I'm pretty sure that was just a "need to reach my weekly post count to get my signature bounty" post with little to no meaningful thought put into it, but props for the answer anyway

Yes, this is something I ponder as well. After all, with a focus on the possibility that you don't have to pay for stuff, there is definitely a problem with giving the token value.

Maybe the ability to pay for TXs instead of using Gas-PoW is enough, but as I said before, I think this will create a problem: There's going to be times, where it is just faster to send a regularly paid TX, while I doubt that this will happen with Gas-PoW.

I have no idea how much of  problem this is going to be, but a possible solution would be to have rules which define the maximum allowed regularly paid TXs; I think you won't need an upper limit for Gas-PoW TXs, because they will always be cheaper.

Here is another problem with the way I described it above and that I just might not understand correctly:

I was thinking that maybe, a Gas-PoW TXs can provide more PoW-coupons per TX, but that won't work. If you have a "max coupons per Block" rule, compared to the maximum gas rule, for a miner, there is no financial difference between taking 100 TXs with 100 coupons each, or 1000 TX with 10 coupons each.

How does Ethereum solve this? Don't they have the same problem?


Thank you

But I think it is important to somehow get more people on board. I have no idea how to do this, but this forum obviously doen't work; there's just the two of us having a conversation in the open and nobody else seems interested.

I'm back, I've been spending my time building a prototype and thinking how to fund the project to go full time doing it to get at least a maintest out quickly.

I quickly realized that having multiple chains is great (one per blockchain), but it could happen in the near future after after the main-net launches.

I think the monetary is essential to incentivize miners to secure the network.

Yes, I think for what you are working on, a monetary part is in fact essential. I'm not sure whether we talked about this before, but did you think about using an already existing Blockchain as a base layer, like Ethereum?

Admittedly, I have no idea if and how that would work, but it would solve the whole "why does the token have value?" problem.



EOS is bullshit riding on the blockchain wave.

If you think EOS is "pretty amazing", I suggest you take a closer look at why the hell blockchains exist in the first place.

Quick update, I managed to talk to 2 more developers, I explained my idea and they liked it. We're talking what is needed to build a prototype and then a testnet.

I think Andromeda is finally taking shape. Thanks to anyone who helped in this thread, has been of huge value.

Will keep you guys posted.

Yes, I think for what you do, the monetary part is in fact very important. I'm not sure if we talked about it before, but do you think about using an existing Blockchain as a base layer, like Ethereum. As a technological advancement, the state should be able to make it happen