Quote from: krile on December 12, 2017, 03:18:23 PM

Quote from: killdemon on December 12, 2017, 08:03:51 AM

Quote from: krile on December 03, 2017, 05:00:45 PM

Quote from: killdemon on November 10, 2017, 05:23:49 AM

Wake up Krile. Block chain is again stacked. What are you going to do about it?
I do not understand why you can not find some permanent solution?

Quote from: TeQueroCrypto on November 10, 2017, 11:08:36 PM

Right now, at what stage is your project?

The current plan is to make a swap.

Starting a new chain on a newer codebase, same pow algo same reward structure.

The plan is to make a snapshot of the current chain at a certain block height, and put those balances into the genesis block of the new chain.

Some of the changes:
1. longer block time (at least 5 minutes, if not more)
2. better difficulty target algorithm
3. PoW forever, coin will remain pos/pow hybrid
3. maybe annon features, not sure about this yet.

Why do this:
1. start fresh, leave old bugs behind
2. longer block time, less blocks, faster sync, less confilcts and spontaneus "mini" forks in the network
3. go to current bitcoin codebase, segwit and all the fancy stuff

Everything will be announced with enough time in advance. Right now I am still looking for a co-developer to help out with the deployment of this idea.

The ideal timing would be march 2018 for the two year anniversary of Nevacoin, but hard to say if everything will be tested enough by then.

Do you like the idea? Feedback welcome

Krile, i like your ideas.
But what will be coin cap, how many will be created once when you make it POW forever?
Second i would suggest to lower number of POS blocks, something like 25% compared with 50% now.
Better target algorithm is a must!

The coin cap will be the same as now, 26 milion with halving. The halving will be extended if the block time will be raised. So from the current 7 years to maybe 10 years. Or maybe I will reconfigure the schedule so it stays at 7 years. Not sure about that part yet.

All the coin monetary parameters will stay the same, except the block time and tartgeting and other technical stuff. I wil consider this suggestion about reducing the number of pos blocks, if that is even plausible.

I do not understand this logic, why do we need to reduce the output of pos?