This is a placeholder. This coin is in the planning phase, check back periodically for more information.
INTRODUCTION
I believe most altcoins derive their value as testing grounds for features that could be adopted by Bitcoin. This is one of those.
I have one very specific feature in mind that has nothing to do with the algorithm, anonymity, or the interface. It's an under-the-hood change that could benefit all PoW coins, and I plan to use Bitcoin-Core as the code base. But I will not announce what the feature is until I have a working proof of concept. When it's ready, I will need your help to prove it works outside of a lab environment.
I am creating this to improve the Bitcoin ecosystem, not profit from the gullibility of others. There will be no pre-mine, release phases, IPOs, stock options, or ninja-launch. All testing will be done on the Shakacoin testnet, and the blockchains will be reset prior to launch. The date will be announced months in advance so there is plenty of time for word to get around. It seems no altcoin can launch without somebody complaining, but I won't deliberately give anyone a reason to do so. I am open to your ideas, whether proven or new, to help ensure the launch is as fair as possible.
The name comes from the fact that I love Hawaii, and I'm a big fan of the annual Shakacon security conference. I hope to submit this feature as a presentation for the 2015 conference.
That is all for now. Hang loose!
-wutizurkwest
Okay, but SHA256? Really?
