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Author Topic: [ANN] Bitgold (GOLD) - New Protocol - Proof-of-Care (Not PoW or PoS)  (Read 415 times)
soldate
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March 13, 2019, 08:45:13 PM
Last edit: April 12, 2019, 03:36:34 PM by soldate
 #1

Hi,

I designed a new cryptocurrency, but I have not implemented yet.

Easy coin ever! v3

Anybody want to help me?

Bitgold - white paper v3 (current)
https://ufile.io/sir1q

Bitgold - white paper v2
https://uploadfiles.io/6ehr0

Bitgold - white paper v1
https://ufile.io/cl53w

Thanks,

Marconi Soldate

   
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akatopodis
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March 13, 2019, 09:01:49 PM
 #2

what kind of help you need?
soldate
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March 13, 2019, 09:10:06 PM
 #3

what kind of help you need?


well .. people who like this idea and want to contribute to implement this currency, create a website, telegram, twitter, chat, etc.

help me transform this idea in reality  Grin

   
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March 13, 2019, 09:11:34 PM
 #4

I like the idea of proof of care protocol. I think that it is innovative and new vision.

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March 13, 2019, 09:17:42 PM
 #5

I like the idea of proof of care protocol. I think that it is innovative and new vision.

thanks  Smiley

https://bitcoin.org/bitcoin.pdf

The proof-of-work also solves the problem of determining representation in majority decisionmaking.  If the majority were based on one-IP-address-one-vote, it could be subverted by anyoneable to allocate many IPs

I think Satoshi simply dont think that he could limit the number of "IPs" and create a PoW.

The solution I am proposing is so simple that it is interesting that no one has thought of it already.

Pascalcoin came very close but still used the PoW to solve the double spending problem.


   
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March 13, 2019, 09:27:04 PM
 #6

I like the poc (proof of care) idea . Can you do the coding of this?
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March 13, 2019, 09:35:12 PM
 #7

I like the poc (proof of care) idea . Can you do the coding of this?

yeah, but i have a work, wife, kids, another coin http://niobiocash.org/.. its hard to get time.

so.. i will implement but not so fast as i wish

   
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March 13, 2019, 09:44:46 PM
 #8

i`m not a ICT-er, do you als need other kind of help?

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March 14, 2019, 02:22:21 AM
 #9

i`m not a ICT-er, do you als need other kind of help?

yeah, lets talk more about the coin

I was thinking that the number of accounts maybe not need be so limited. Could be slowly increased without any problem.

   
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March 14, 2019, 02:33:47 AM
 #10

well, the overall thought process is good.

But how can we have a fixed number of accounts, how new users will come.
How exchanges can list such thing as they create a large number of accounts.

If you want, it can be that there will be certain genesis accounts which can run nodes.then only year old accounts can be part of nodes, where existing nodes votes to add more nodes every month or so,
Or after initial nodes addresses, each month specified nodes can be added with some voting or queue

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March 14, 2019, 02:55:54 AM
 #11

well, the overall thought process is good.

>> Thanks!

But how can we have a fixed number of accounts, how new users will come.
How exchanges can list such thing as they create a large number of accounts.

>> Well, its a good point. The system can start with a large number of accounts, but when this number became scarce, it will be big problem. I think the best way is to allow any account to create another one (maybe paying, burning some coin). I prefer solutions that keep the system purely p2p, without special nodes. But maybe something as you propose is more effective, I do not know. About exchanges, they can work with one account, like they do with fiat money. But if binance wants to list us, we can create accounts as much as they want.  Wink

If you want, it can be that there will be certain genesis accounts which can run nodes.then only year old accounts can be part of nodes, where existing nodes votes to add more nodes every month or so,
Or after initial nodes addresses, each month specified nodes can be added with some voting or queue


   
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March 14, 2019, 03:40:15 AM
 #12

if we can put this idea in practice, we will be the most decentralized coin.

Today, almost everybody keep their coins in exchanges and never create a node.

this will change if news coins follows this Proof-of-Care protocol.

people definitely should understand and take care of the money system they use.


   
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March 14, 2019, 03:52:06 AM
 #13

Anymore idea about this proof of care?

Bitgold =! Bitcoin gold

You should have chose a better name.

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soldate
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March 14, 2019, 03:59:11 AM
 #14

Anymore idea about this proof of care?

Bitgold =! Bitcoin gold

You should have chose a better name.


any suggestion?

we have no code yet, we can change the name  Smiley

   
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March 14, 2019, 09:13:57 PM
 #15

up  Grin

   
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soldate
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March 20, 2019, 05:43:53 PM
Last edit: March 21, 2019, 02:42:30 AM by soldate
 #16

Improving the idea. Its good?

https://uploadfiles.io/6ehr0

   
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April 12, 2019, 03:40:29 PM
 #17

Bitgold - white paper v3 (current)
https://ufile.io/sir1q

   
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April 13, 2019, 09:55:12 AM
 #18

You should change the name, I don't have any other suggestion for you, I'm not even a coder.

And if you are not very sure of the project better not to proceed.

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