What's the point of putting cryptonite on supernet? How are other coins going to take advantage of cryptonite's mini blockchain? I'm of the opinion that supernet is infeasible vaporware or possibly an outright scam, but willing to listen if someone could explain how other coins could use cryptonite's defining feature - the mini blockchain.
This is a great question.
I have recently found XCN and now mine (thanks gang for the AMD miner
) because I think the "mini blockchain" is a great innovation (as well as tx malleability and withdrawal limits). I think of how to answer your question. If and only IF XCN's mini chain could be applicable to ALL coins in the teleporting network - that's value added. An a non-technical (non-coder) person, I don't know how this can be done. However, I do know jl777's vision is to integrate a "dark" network with all the best features of alts.
The four coins now part of the core are BTCD (teleport tech), BBR (onion routing for anon entry into teleport), VCN (fiat <--> coin conversion), and of course NXT for his other tech: privacybet, instadex, mgw, etc. Now, if the XCN tech of miniblockchain could be added to these ideal technologies/BTC improvements, then of course this would be huge for supernet.
I ramble and do not answer your question: smarter people than I need to explain this possibility. But I agree that XCN could improve greatly the supernet, whatever it is or will be...
Edit: is it too much to ask bitfreak! to ask james via PM about this possibility? Last I read, bitfreak! was against an integration idea...is this true?
Edit 2: maybe the supernet is seen by devs as "greed driven trend" as explained in the OP?
Edit 3: just found this post...
I didn't say I had no interest in the whole supernetwork thing, that does seem like an interesting idea. I just don't think the anonymity scheme you have developed is very compelling, it has too many assumptions which will never hold true in the real world, double spending prevents it from working as you imagine.
So maybe it's more about supernet currently being vaporware. Are you certain about this double spend issue?
[me]...continuing to read this tread[/me]