OFFICAL ANNOUNCEMENT
Becouse of the Community's wish we have decided to change total amount of SummerCoin 2.0 coins to 50,000,000
Becouse of that swap ratio is 1:1
Here's the full and updated specification:
I would have preferred an exchange ratio even stronger, but at least it is a step in the right direction.
Like You can see Your suggestions are important for us!
- Strugg, SummerCoin Foundation Manager
Really?
In this case, I would have other small suggestions.
With these parameters, the money will be very fast, which I like a lot, just a minute and a half
to fully confirm a transaction, then this makes it interesting not only for staking but also
for simple daily transactions.
But I am afraid that this speed could result in an increased risk of problems due to the fork .
To avoid this kind of problems and make money not only fast, but above all safe and reliable,
IMHO three basic elements, I suggest you enable a BlockChain Explorer from the start of the currency.
I would also suggest you to implement right now, a system of automatic checkpoints, in order
to recognize and correct rapidly and in semi-automatic manner, the possible problems of forks.
Chances are you've already implemented it, but is not specified in the features, and if it is not
implemented, please think about it.
Finally, a last prayer, very often the coins based on the system with only the POS, in the course
of their life they encountered slowdowns, or even lethal freezing of the blockchain.
These problems have made the coin completely unusable and thus damaged the credibility of the
currency itself, with all the consequences that this brings to its price, and the amount of users.
Often to restart the blockchain needed a long and painful process of updating the wallet, sometimes
done sketchily because made by developers under the pressure of urgency.
So, to avoid this type of lethal freezes, I would suggest you do so that in case of need,
you dev and foundation (and only you), can immediately activate an emergency phase POW,
without requiring the need for a up-dates of users wallet .
This phase of emergency POW aimed at maintaining active the blockchain, would reward a block
mined with only a token amount, and should be dis \ activated by the reception of a remote control,
a special TXID, a signed message, or via an alert or something like that i
leave you to imagine, it spreads automatically via the nodes.
Said another way, a kind of spare wheel which is always present and ready in all the wallets,
but it is normally disabled.
IMHO, this type of precautions, do not affect too much on the total number of coins generated,
already quite high, but it would make the currency more solid and reliable, and consequently also
the greater cash value and also of technical merit
Bye
