In my opinion, it is better for moin to first complete the particl swap and then proceed with the platform research phase.
The swap, option #2, should take place first and then be followed by a research phase of the platform. The particl swap will offer moin a lot of new features right off the bat, which will make the MOIN blockchain both more secure and scalable:
- 1. Cold Staking
- 2. dApps/smart contracts
- 3. Atomic swaps
- 4. RingCt
- 5. Segwit
- 6. Quantum resistant Proof of Stake
- 7. Latest BTCitcoin core codebase
- 8. Anon, blind, & public sending
I believe having cold staking features is essential, cold staking is enabled with the use of a smart contracts which basically allows other nodes to stake the coins without being able to spend them, and you are rewarded the same percentage rate. Cold-staking is good because stakers don't have to worry about power outages, it increases the amount of coins being staked in a network, and most importantly people can stake their coins from cold and hardware wallets, which Particl has just accomplished. These are all factors which make a more decentralized and secure network, because everyone can earn an income, not just the big miners and mining pools with Bitcoin. The fact that people can stake and earn revenue in power outages and with minimal equipment (raspberry pi, pc, server, etc) makes it really hard for governments to ban PoS coins.
- Segwit will be integrated from the genesis block and will allow for a scalable chain.
- Quantum resistant proof of stake will ensure that no hackers can reverse a private key from a public key.
- Smart contracts enable cold-staking and allow for dapps such as private messaging and DEXs to be built on top of a chain.
- Atomic swaps will allow MOIN holders to use MOIN as a payment wherever cryptocurrency is accepted.
- First chain to implement three forms of sending on the BTC codebase. https://images.duckduckgo.com/iu/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F1600%2F1*Z8sGwEC-ZXHs-xZtljJzqQ.png&f=1
- If you are new to particl, I recommend you read their FAQ: https://particl.wiki/faq_overview
- If you are new to moin, you can read about it on our website: https://discovermoin.com
I believe that these features will be favored in the long-term, as they will make MOIN a currency with many use-cases and the integration of segwit will make the chain scalable for mass adoption, and allow for upwards of 85 public transactions per second. It makes more sense to complete the swap first, because: we can always make the platform, but once the platform is made, we cannot swap to a better chain. For moin to hold up with possible mass adoption in the future, we need to consider the chain first, and then the platform.