Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK
by
FimKrypto
on 11/07/2014, 20:36:24 UTC
And, one more thing: I predict FIMK will have network capable of Transparent Forging before NXT.
NXT is still to concentrated and forging strength of the network is weak (and getting weaker with everyone trying 'offline' storage of NXT...).  FIMK's block rewards is the missing ingredient to a strong and healthy network capable of high transaction rates and TF.
Mark my words, we will get there first.  Wink

Not to ruin your party but I don't think it's realistic to believe that FIMKrypto will have the infamous Transparent Forging feature before NXT does.
As soon as the last part of TF is available and it's desirable for FIM (since we already have 30 second blocks) we will embed that in FIM if the community decides so.

NXT is like a train that continues to push forward and has the large community behind it to develop these low level features (just like Bitcoin developed those before that).
FIMKrypto builds on that strong base and adds value and real-life applications of that technology in Finland and beyond.

We are capable developers but just a few (for now) so we will focus on creating features that offer direct value to end users. You can expect improvements to the client (support for mobile) and lighter features like adding encrypted p2p direct messaging (free/off blockchain) to the protocol.
Implementing/Completing TF is extremely resource intensive and probably not the best use of our resources.