Post
Topic
Board Announcements (Altcoins)
7 Suggestions
by
1mk3r
on 13/09/2018, 19:01:16 UTC
I have 7 suggestions.
Sorry for bad english.

1.Please add seedphrase wallet generation option.
To generate and recover wallet by seedphrase.
Like in electrum wallet.
Or better then electrum - like in waves decentralized exchange, it is the best example, its seedphrase generation form (like brainwallet) is not limited by the standard electrum phrase pattern, and any phrase can be entered.

2.Please add daemon version of program, and "number of threads using in mining" argument in daemon. For example i wanna start it like a system service (daemon) and permit only 2 threads from 4 to mining.

3.Please add option: "send to wallet all avaible coins, when you have mined new block". Because I want to send them immediately on coldwallet and not hold em on hotwallet.

4.Is it possible to add an option that will allow you to evade downloading full blockchain, and will allow to use other fullnodes as electrum servers, to provide you to send transactions, and to know your ballance. For example it will be useful when you need to access your brainwallet when you faraway from home, using external computer with linux live cd, and wanna make transactions fast without downloading full blockchain.
I speaking about autonomous decentralized electrum server system, working from box. Is it possible?

5.Don't you wanna make your coin forever cpu-only (gpu and asic impossible), like hodlcoin (1GB AES algo it has no gpu miner since 2016)?
I advise you to look also at zillioncoin (CPU-only Spreadcoin fork like yours) and its hashing algorytm (different then yours). Does it have any weaknesses?

6.Is it possible to add your coin to barterdex decentrilised exchange using atomic swap.
https://github.com/KomodoPlatform/BarterDEX/releases
You can write issue to developers. They are good guys, and will not refuse if the coin meets the following conditions:
https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/154107956/How+to+submit+your+coin+to+BarterDEX
From this exchange your coin will never be delisted even in apocalyptic scenario.

7. Payments by shares.
There is in Ethereum such a thing as uncle blocks (uncle is the brother of the paternal block), these are orphans that are monetized and added to the blockchain and increase its difficulty and safety, due to the computations embedded in them. Uncle included in the unit, receive a 7/8 static block award.
I propose to extend this mechanism not only to orphans (ideal alternative block solutions) but also to shares (non-ideal alternative block solutions) and to pay them a reward proportionally to the degree of ideality of the shares (like in proportional pool system), from 7/8 for ideal orphan and down to the ultimate lower ideality of accepting the share, ULIOATS is fixed and corresponds to the daily work of the statistical middle-user cpu-processor for example core-i5 2400.

This system will provide a guaranteed periodic award for any even for the weakest processors. Due to this, weakest processors will not escape from solo-mining even in case of strong increasing difficulty of the network and increasing of time between their blocks to unacceptable values, measured in years.

The problem of a heavy blockchain, I propose to solve by cutting off the tail of blockchain. Let's assume so: every 50 thousand blocks (with block time of 1 minute - this is about a month) creates a checkpoint block containing a complete list of all non-zero wallets and their balances. And every 300 thousand blocks, the most ancient tail under the most ancient “50 thousand checkpoint block” is cutting off.