Quote from: iamnotback on March 24, 2017, 12:11:34 PM

I have a "blockchain" (aka hash chain) consensus design which eliminates PoW, is not nothing-at-stake (i.e. is not PoS nor Tendermint's Byzantine agreement) which puts the users of the system back in charge. It eliminates the waste of electricity and it remains decentralized regardless the level of whale concentration of the token supply.

It is ultimately deflationary (i.e. the money supply shrinks later) so that is even better for investors than the 21 million coins limit.

A deflationary, perpetually-divisible unit is exactly what's necessary for both hodlers and adopters. Ripple had an interesting take.

Quote from: Kakmakr on March 24, 2017, 06:08:19 AM

Re: Do miners really think destroying Bitcoin will make them rich?

Quote from: Kakmakr on March 24, 2017, 05:51:42 AM

Even the mere fact that it is possible, would scare away investors. These miners has had enough power and leverage over the rest of the people using Bitcoin and I for one would welcome any change in the code to eliminate that power. These SonsAbitches are killing Bitcoin for their own profit and they want the rest of us to sit back and take it up the a$$.

They seem to forget that Bitcoin has no value, if nobody wants to buy or use it, so the power is not in their hands.

From my observation, a shrinking percentage of Bitcoin users understand how the system works. If government points and says "approved" to Bitcoin, it won't matter what the miners have done. They (either faction) will have handed the world over to bankers and lawyers on a silver platter.

Quote from: iamnotback on March 24, 2017, 12:11:34 PM

I'll be shipping this technology with unlimited TPS scaling and instant (sub-second) block confirmations.

It will not be an ICO. The distribution will be mined by the users without any PoW.

It is just time.

Feel free to give me any feedback in the comment section below. Are you with me on this if I deliver the goods and it is all verified to be legit?

Rhetorical question? That's like asking whether an investor is on-board if a deal makes sense...

Quote from: iamnotback on March 24, 2017, 12:11:34 PM

I'll also appreciate my edification about any dangers of doing this and other information which might be helpful for me to gauge the landscape that lies in front of me.

I'll presume good developers will come join and help. They can earn a lot of money for doing so.

My biggest question so far: what is the extent of intergration/interoperability with external platforms and services, not just blockchains? I'm assuming that's the focus on developers for apps, but do they need to recreate functionality or can data be utilized from existing sources? I think leveraging what exists is critical.

Is there a minimum viable participation level necessary to keep the system functioning? One node, a hundred, etc?