Quote from: MundoCoin on August 19, 2023, 10:26:36 PM

Quote from: Stalker22 on August 19, 2023, 09:41:21 PM

Quote from: MundoCoin on August 19, 2023, 12:05:34 PM

Our goal is a brand new coin (not token), not the regular POW and POS consensus mechanism, we refer to a lot of projects (including non-blockchain projects) before making the decision .

What would be the practical value of such a coin (aside from its unconventional consensus mechanism)? You previously mentioned, "If a coin is sustainable in the long term"... But how do you determine if a coin can truly withstand the long run? The market will ultimately dictate that.

Yes (this smacks of advertising -lol), I'll briefly elaborate on the basic concepts:
1. an unconventional consensus mechanism (for now I'll call it cooperative proof - perhaps something similar already exists; it's achieved by each participant throughout the network verifying each other, sharing performance and resources, etc.).
2. since it's a cryptocurrency, it should have a fast and easy transaction feature, we tried to implement instant transactions (I know many projects have been working on this, but we wanted to go down a different path, maybe the right one, possibly a labyrinth; gotta try right?) I have a preliminary idea documented in the whitepaper and we will verify its feasibility!
3. Modular design, building an independent core architecture (PolyKerma - many coins), where each function is independent, and can eventually form a complete "Lego", yes this is what my developer partner is doing at the moment (he's a good developer and experienced programmer).
Because of the modular design, there are infinite possibilities, as long as you have the idea and the ability to develop other functions to access the entire blockchain system (whether it's one layer or two layers or more, who knows).
4. Low-threshold, low-energy projects, POW requires a lot of energy, but also need to buy professional equipment, POS need to hold enough coins, both models for ordinary participants need to increase the cost.
So we feel that we should give participants another option, which is why we will use an unconventional consensus mechanism. We introduce a mechanism Node + MinNode (MiniNode can use mobile phones to participate, this function can be understood as "disguised mining", but has nothing to do with the arithmetic power)

Is an interesting idea and at least seems technically achievable.