Post
Topic
Board Altcoin Discussion
Re: Let's Fork Bitcoin To Bitcoin-POS
by
SlipperySlope
on 28/12/2014, 02:44:23 UTC
Someone is already working on a PoS coin based on similar ideals to the OP.

https://bitcointalk.org/index.php?topic=584719.0

Right. the altcoin A.I. Coin is currently alpha testing its Linux core derived from Bitcoin Core, its MultiBit-derived wallet for Windows, and its Insight-derived block explorer. Notable changes to Bitcoin source code involved removing the annoyance of waiting for confirmations before spending recently received funds. A.I. Coin uses a single nomadic mint with a non-forking blockchain. The network parameters are otherwise identical to Bitcoin, 21 million aicoins total, 50 aicoins generated exactly every 10 minutes with a four-year block reward halving. No block rewards are spent on mining equipment nor on electricity for hashing. The network is secured by software agents inspecting each other's tamper-evident data structures and signed activity logs.

A.I. Coin is to be launched in March 2015.

Stephen Reed