I am still looking into the wallet crashes , so far it is slow work.
meanwhile i wanted to bring your attention to the recent drop in hashrate from ~ 3 KH to less than 1 KH.
This caused massive disruptions in block creation and tx processing , while our problem was more pronounced , this phenomenon has been observed in even the most established PoW coins. Many people have tried to fix this issue with varying results. I' sure some of you have heard of TaPos, DPoS, PoS , Delegated mining and other solutions.
We have come up with a solution already for our system and am still in consultation over some areas. It's time to evolve and shed the skin that holds us back.
I will write one of those rare pointers to detail what comes next.
Might be obvious, but how about reproducing the wallet crash on different types of systems? Maybe it's related to a specific architecture (x86 or x64) or Windows version. (Windows 8 or 8.1) Hit me up on Skype if you need/want help debugging the wallet.
Anyways, curious to hear what the solution of the block creation and tx processing issues will be.
Could be too early for this question, but is there any roadmap available or some sort of future plans overview? A friend of mine (possible BCR investor) is really curious to see where this project is going.
I've always given the idea of roadmaps a wide berth, the reason is that some solutions come faster than others and sometimes we write off some ideas in favour of others, because we are ever learning and evolving.any roadmap would likely be irrelevant just weeks after it was written.
Maybe someone can cook something up based off my words so let me give you some pointers.
At the moment , we are working on a port of Electrum called Bit-Electrum , indexing is taking a while but we should have something public in a few days. I am also working on our own colored coins implementation, the wallet is already on the git, progress can be viewed from the list of commits to any of our repositories on github. Within the core , i am preparing to move us to a different type of emmisions and tx processing scheme. It works as follows :-
1) Tx processing shall be delegated to the Banknodes
2) Banknodes cannot sign two consecutive blocks
3) Rather than block rewards going to the BNs everyday at 00:00 GMT , all the coins of the day shall be allocated based on bid %
Bid % refers to the amount a individual would have bid for the coins in relation to the overall bids of the day.
Also within the core, I am working on some of the last kinks for a major update that introduces Escrow nodes, delayed transactions and a bunch of other nifty stuff. But because the update is so large , it is taking a while to work out the hiccups (would not want to add any to the existing ones)
Aside from that, i am also working hand in hand with a small group of like minded individuals with whom i intend to open the first Fiat/BCR exchange that will help de-couple us from BTC. Once we have perfected the platform, the code will be made open source and available to all so we can spread out liquidity in the system and maintain decentralization.
Lastly, I am working on a java implementation of BCR, this is a key step to allow many services that you have seen present for BTC becoming available for BCR, with some custom additions brought in.
As you can see, the skillset required for the work i am doing is very mixed and likely to cause a few headaches. We try to avoid pursuing very little or too much at the same time , but we rarely ever pursue one thing , this is because coding is tiresome work and can be frustrating when you can't figure something out....so each project inches forward, while at the same time allowing us to remain sane and not give up. For example, i was very frustrated by Electrum last week , so i spent the time working on colored coins, while this meant that electrum was on hold, my time and effort were still pointed toward the success of this project, albeit on something that would let me keep what little hair i have left.
If and when there is major shift in policy , we always discuss it publicly , everyone is invited and encouraged to participate.
