Quote from: _mr_e on September 03, 2016, 03:34:37 AM

I've been thinking long and hard about dpos and I've got to say, I'm am seriously beginning to think of this this as the second coming of crypto and a completely new direction of taking Bitcoin forward. Think about it, for only a couple dollars a day, komodo will be able to to communicate with the Bitcoin network, requesting that it makes transactions, transaction that the komodo network must understand and react to as part of it's consensus rules. In the future, Komodo interacting with Bitcoin using many of it's stack based transactions types, (nlocktime, multisig, checklocktimeverify & many others will soon exist) in coordination with many of it's own transaction types with allow for a sort of "turing complete" language that will be spoken between chains..... many different chains. This will be made possible by iguana.

Iguana makes the bitcoin chain such a lightweight piece of art and therefore allowing other coins to "plug in" bitcoin and use it as a sort of tiny microchip that they will plug into their wallets, we are able to create chains that would otherwise be impossible to do directly on the btc chain while relying on bitcoins security model to provide an unmodifiable history of what has happened. A sort of "decentralized exchange" IS possible and it will allow such chains to easily purchase bitcoin on behalf of it's users and pay for it's own transactions on the bitcoin blockchain. Awesomely enough, this whole idea actually solves one of bitcoin biggest questions... What will happen when the block rewards subsidy ends?

Just think of a world where all these chains have spawned off and are using bitcoin's proof of work to secure it's chain. All of these chains will actually be paying fees to bitcoins miners. That would help to provide the incentive that LOTS of transactions will be happening on bitcoins network, because bitcoins network would be charging a small fee to all of it's child chains. By 2140 that should be quite a large sum of money that is going towards supporting the miners. By then, this will likely not be the only thing supporting the miners, this will just be the first idea of many.

It's become exceptionally clear to me that jl777 is building a serious advancements into not only his own coin and supernet, but most importantly bitcoin itself. It's becoming more and more obvious to me that this is the clear path forward for all of crypto, and that it is the only project that is truly understanding and appreciating that bitcoin is not here to to be defeated but it is here to stay and it will be the entire industries light forward for many years to come. By working with it, we will make the entire cryptosphere bigger and more united then ever before, giving it the power to move where we all know it can go! Thanks jl and everyone involved for doing this. It is a huge step forward and if we are all successful in making this happen, the entire crypto landscape is going to change for the better and we will go down in history:)

I don't want to be a party popper but we all heard that 2 years ago.

And it was said we get a revolution in 201516 or was it 17?

Btw. I will swap for komodo for obvious reasons.