Post
Topic
Board Announcements (Altcoins)
Re: 👽 [ANN][BIS]Bismuth - New Language, Free DAPPs, Cryptopia, HEAT
by
fonship
on 28/03/2018, 14:32:44 UTC
To clarify the MN approach:

- MN will still need Bis collateral and rewards will be paid in BIS
- A technical paper with strategy and details will come later, it's too soon right now
- A PoS chain, as a second level, will allow MN to reach consensus independently from the Bis PoW chain.
- Nothing will change for Bis, Users or miners. Bis and balances will stay on PoW chain.
- The two levels operating on two different strategies allow to highly strengthen and secure the network, since an attack would have to forge 2 chains with very different triggers.

So the MN implementation will not just be a "ping" test like on some coins, but would embed, from the start, innovative and secure algorithms.
All this is being evaluated, coded, documented, tested by the team.

Thank you for detailing on this.
It is always exciting to know such things in detail.
Surely its early stage and i am ready to wait for this to take shape.