Quote from: cryptomaxsun on Today at 04:32:13 AM

Quote from: andrew2k on October 13, 2020, 02:40:02 PM

Hello there fellow cryptocurrency enthusiasts, I would like to tell you that I have returned to the project as the main developer and I am bringing some good news

with me regarding the general direction the team has decided upon for Bitcreds.

The project will extend to include more than just the blockchain infrastructure and this is where IPFS, the InterPlanetary File System, comes in to play. You will receive more details about how exactly we're going to merge IPFS and blockchain together in the following announcements but be aware that for now most of them will come through our Discord server. Here is the invite link in case you missed it: https://discord.gg/M2pyPDr

We're going to change some of the main parameters of the network to better suit us for the future and for the new direction, we are going for a lower annual inflation (lower block rewards and an increased block time), a hardened Argon2d algorithm and a lower Masternode collateral as currently the number of possible MNs on our network is too small. This new direction also implies an eventual change in the overall indentity of the project.

Last thing you might want to know is that the new functionalities will imply burning of coins and you will have to burn them in order to use the new services we're going to offer.

Great news! Could you provide a timeline? When can we expect all these innovations?
And will there be a marketing campaign? It's no secret - few people know about the project,
you need to convey information to the masses, but this requires money and a certain budget.
How do you plan to solve this problem?

I stated on Discord that this was more of a pre-announcement and that for now this is the only information I'm willing to offer. The timeline depends a lot on how many people join me on this quest so to speak.

For now, we will be working on the next big release of information about the project and I will continue to develop the codebase myself so that we have a solid starting point. There's a saying that goes along the lines that first you should lead/help yourself and then others will follow therefore after the following announcements I plan on taking some new people with me on this endeavour.

As a final note, we're mainly looking for C++ and JavaScript developers and I think it will be not just a job for them but something to look up to with a big smile. Grin