Quote from: BitcoinNational on January 07, 2015, 09:48:36 AM

Quote from: gustav on January 07, 2015, 09:11:44 AM

if we implement auxpow with btc we wouldn't have to sacrifice the 3-minute-blocks or would we?

This auxpow is does not exist (yet). I am not a fan of auxpow off the BTC network. Because that means we give up on the 'Fair' part of Uno. I suggest creating something that lets others tap into Aux Uno.

I saw this as an interesting comment BN. How is securing the network with auxpow giving up on the Fair part of Uno?

I don't see it that way, but would like to understand why you do. To me the fair aspects of Uno were created by Blazr2 at launch, and I don't see as something that can be lost. Am I wrong?

On that last point -- any coin can tap into and Auxpow Uno, but we haven't see that happen yet. I have approached probably 15 coin devs in the past 4 months about aux mining with uno, and even recently offered a bounty for the first coin to do it, but there haven't been any takers. Getting others to auxpow with Uno isn't within our control. But doing auxpow/btc is within our control. Uno becomes part of a small group of coins that are secured by immense power. If I'm a miner (and I am) I have a greater chance at profitability by mining several coins simultaneously.

I think... let us duke it out with Bitcoin on fairness, rarity, community, store-of-value, but not on network security. Today we lose the nework security argument to them. But reaching a virtual parity with Bitcoin on network security is within our grasp through auxpow, and eliminates that weakness for Uno.

I haven't been able to see the downside of this yet, but I'm still looking hard for one.