Please note: This isn't the announcement or the announcement board. This is the discussion board for occasional updates on development and progress regarding Bitcoin Efficient (BTCE)Large entities worth billions upon billions of dollars are building data centers filled with ASIC rigs. Most computers can't efficiently mine BTC, and you have high energy costs. Outside of energy costs, Bitcoin isn't as efficient as it could be. You have slow speeds, many invalidated blocks, and the network extremely vulnerable to centralized mining. This is where we introduce a hard fork known as Bitcoin Efficient. Bitcoin Efficient aims to allow everybody on board without disenfranchising ASIC miners. This aims to be much more energy efficient, decentralized, and take adaptability to a whole new level. It will be based off of "Proof of Computation" over just Hashcash.
Video:
https://www.youtube.com/watch?v=IvNT2UtsISMProposal:
https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawikiSocial Media:
Reddit:
https://www.reddit.com/r/BitcoinEfficient/Twitter:
https://twitter.com/btcefficientInstagram:
https://www.instagram.com/bitcoinefficient/Website:
https://lonero.org/pocp.htmlRepositories, timelines and progress updates are coming soon.
Please note: Please remember to be respectful, and keep comments helpful and within line of the topic.
