Post
Topic
Board Announcements (Altcoins)
Re: Slimcoin | First Proof of Burn currency | 0.5.1 binaries | Redesigned Website
by
blockhash7
on 29/12/2017, 15:34:15 UTC
Graham, you're right. Any truly decentralized system is free from having a well defined unchangeable goal. Slimcoin is no exception. However, if there's a majority with a common goal, it is very likely that this goal will be pursued.

So there's the question to all of us:  What is Slimcoin for you? What do you think Slimcoin's vision should be?

For me the answer lies within Slimcoin's name. Slimcoin should be a "slim" cryptocurrency in all respects. It should be a cryptocurrency for all users and all devices - even for devices with very limited capabilities. Proof-Of-Burn is a fantastic startpoint because it enables everyone to mine independently from CPU-power. That's great!

A next (big) step could be to reduce the disk-space usage of Slimcoin to a minimum. This would be possible if Slimcoin would switch to mini-blockchain scheme (http://cryptonite.info/wiki/index.php?title=Mini-blockchain_scheme) like Cryptonite. Then Slimcoin would be really slim! You could have a wallet that runs on an old smartphone, synchronizes in 5 minutes and starts to mine on that device!