Quote from: Logicoin.info on July 03, 2014, 08:48:08 AM

So....Turns out I must have done something terrible in a past life to have had so many PC problems the past week. 2 Hard drives, 1 motherboard, 1 PSU and 2 GPU's later I'm back!

Good news is that I was able to retrieve 90% of my data.

So here's the plan. For the past few weeks I have been working with the CRF on a new way to handle transactions and what we have come up with is Pulse.

Read The Whitepaper

What this will mean is that LGC will never experience a stalled blockchain despite rapid changes in difficulty the blockchain will never go longer than 10 minutes (This can be changed) without producing a block and moving the chain forward. It also gives retailers the option to introduce a fee that will in turn have a very good chance of instantly creating a block with that TX which in turn means near instant confirmation of that transaction. If you have ever purchased anything with btc you would know that you can wait a very long time for that first confirm to come through. Pulse solves that problem and we hope it will make us that more attractive as a currency for real life transactions.

The plan is to have a public testnet running by the 5th and then assuming all goes well we will launch Pulse on the mainnet a week or so after that. I also plan on adjusting rewards to make it more profitable for miners. The reward adjustment will be somewhere in the vicinity of double - tripple current rewards.

Some of the finer details of Pulse still need to be worked out (Fee's and time between blocks) which is why we will be running a public testnet and asking for as much cooperation and feedback as possible.

Apologies for my recent 'vacation' but its back to work we go!

Wow. Just. Wow.