Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Dogecoin improvements in the future
by
Dogecoin
on 06/08/2015, 23:02:08 UTC
⭐ Merited by nutildah (1)
Hope for a new and faster NASCAR  Cheesy

And a better driver!! (Sorry Josh Wise, you're still my favorite NASCAR driver...)

No but really... 1-minute block times are terrific. It makes transactions near instantaneous compared to most other coins. I agree the supply is outta control, but as was pointed out earlier sometimes it just "feels good" to be able to have 340,000 of something instead of .034 of something.

Something we're considering is allowing user-defined consensus parameters. Essentially rather than us being the gatekeepers for changes like supply or mining algorithm, we load these from disk at startup. Want to cut the supply? Update the config, and then convince others to adopt your new configuration. Want bigger blocks? Same. Faster/slower blocks? Same.

Risk is basically we're handing the community loaded guns and directions to their own feet, but I think it may help people better understand what changes we can't make (because no-one will mine them / exchanges won't touch them / both), and some good points have been made that a coin isn't truly leaderless if only a small group can make important changes. This won't be until after Dogecoin Core 1.10 ships (next month with a little luck), though.