Very happy to be part of the C2team!
There's so much we have planned and a lot of new ideas in the works.

Nrigo above laid out some specifics regarding the roadmap for the coin exchange happening in Q1 or Q2 of this year. Aside from that we have some interesting things going in the background as well. Hopefully in the near future we can share more. For now we are taking the communities suggestions for a new name. If you haven't already please vote for your suggestion

Glad we agree on the majority of these

I only suggested multi-algo so more than SHA256 users could mine it. Was hoping to get a gpu/cpu algorithm but while still keeping SHA256 as well.

Also the proposals comment was written before the TEKcash name change was suggested but I didn't mean for any sarcasm there but do hope we get some new coin features . Would be nice to have some privacy features or some new tech with the coin. But overall I just merely wanted to get other holders opinions as we're all in this together and wanted us to share our thoughts

Hopefully we hear from the siacoin dev on here as well. I checked their announcement but didn't see where he mentioned anything about TEKcash yet.

It's great to see you around again! I remember you posting back when TEK was still new to the world
You were always helpful, hope you've been well!

I too took a long break (long enough for my account to be banned/disabled due to inactivity )

Here's hoping we can get a few new things going with TEK. If you read my post I'm curious for your thoughts?

So outside of coin specifics whats our plan for PR/Promotion?

I'm sure not all circulating coins will be exchanged so there will most likely be a lot of extra. Do we use these and do an airdrop campaign?
(require them to signup for our new coins telegram, post on twitter, etc to help prevent duplicates)
Perhaps run an add on coinmarketcap.com for this for more exposure (unless its crazy expensive )

I think we should setup some small bounties for simple things like translations. (Create new threads in multiple languages for more exposure)
Then a bounty for the first few (5) mining pools.  

Game bounties (as long as they can't be cheated on and are secure)
We still have some coin2.1 games I think? I'm not sure who wrote them but perhaps have them converted to the new coin if possible?

More bounties that may be possible?.. whats your guys thoughts?

Agree 100%. I have a lot of love for the old PoW coins and its good to see them getting some love. Hopefully TEKcoin will eventually find a good dev too one day.

VladK has done an amazing job on the website and the wallet.

I too also think a new announcement would be good. If for nothing else it'd be good so VladK can keep all the info update to date on the first post.

Thank you both!

The first draft is looking great, thank you for using some of the ideas I suggested! Happy I could help!
As for standard fee's... I think it all depends on the value of the coin. If we get a lot of interest and the value of the coin goes up to $100 then how does that 0.01 fee stack up against other coins? I think really we'd need to examine other coins to ensure the fee's are competitive to future proof such a scenario. Unless there's a way to tie fee's directly to marketcap somehow that I'm unaware of. Having different fee tiers like you suggested should be done, I think that's a great idea.

Also about Digishield from what I understand it just retargets block difficulty at real-time so to protect the integrity of the coin. Multipools would still be able to operate. I think once you read more on it you'll see why it would be useful. For more info see here: https://www.reddit.com/r/Digibyte/comments/213t7b/what_is_digishield_how_it_works_to_retarget/

Thanks I appreciate that
You can send them here: CXyy44oTjprmyv3BbQ1hcMz9snEiJ6vPor

With 120 sec. block time and 100K blocks, the PoW duration would be about 4 and a half months. I would let us enough time to develop and to test the next wallet release including PoS/PoC, Master Nodes and Super Stakers.

I think this is a good start as well for phase 1 of the new coin. It gives us enough time to test and get the next phase ready. The only thing I'd like to add is to please ensure Segwit is implemented from the start. I really do think this feature will be a huge opportunity for us if implemented from the get go.

With a faster block time during the PoS/PoC period, we would get a fast blockchain growth:
- 15 sec. block: 2.102 Mil blocks / year
- 30 sec. block: 1.051 Mil blocks / year
- 60 sec. block: 0.525 Mil blocks / year = an acceptable growth
3 and a half years after launch, Coin2.1 blockchain height is about 1.92 Mil blocks and the db size is 3.3 GB with 60 sec. block. Consequently, it looks difficult to adopt a faster block time and I'm not sure of the real advantage knowing that exchanges are often requesting more confirmation than the coin network.

A couple of things with this. First why not have PoW continue but in addition add PoS/PoC on top for phase 2? It would be more secure and allow more hardware to mine but at the cost of being less green/energy efficient. Ultimately though it may be a fair trade off as then we could still claim to be green/energy efficent while also being more secure. So something like...

-2 multi PoW algos at 25% each
-PoS/PoC at 25% each
**We also need to consider percentages of masternodes / superstakers**

As for inflation... PoW/PoC should be easy to control inflation by reducing the block reward in favor of quicker blocks but depending on how we do PoS/Masternodes/Superstakers is where we could increase inflation a lot. Also I'm unsure of what type of PoS variation you'd like to implement and what percentages you'd like to use (on top of min/max stake periods). There's a lot to decide just in that alone. Also you may have seen this but it has some PoS variations to look into
https://steemit.com/cryptocurrency/@killjoy/the-different-proofs-of-crypto-currency

As for advantages of a faster block time... I think its sort of mixed but if accounted for is mostly positive. The obvious negative is how fast the blockchain would grow but that doesn't necessarily have to be a negative. The advantages are obviously transactions would be crazy fast. Perhaps we could study Digibyte more and see how they manage this as I believe they are the fastest coin currently; at least to my knowledge. To me I like the selling point of claiming to have one of the fastest coins as I find that to be marketable. Even still quick transactions is a nice feature and great on its own merits as long as rewards could compensate for it so inflation isn't out of bounds and also if we add enough confirmations to satisfy exchanges. If both of those criteria are met then fast transactions would have no negatives or none that I could see.

I received a first good proposal for the new coin name and the online submission form is almost ready. I'm going to release the link very soon.

Very good to hear about the submission for coin names! Hopefully we'll get a good list to vote on

Do you have ideas about the new coin purpose or about a specific usage of the blockchain?

I'm very happy you asked this as I have a few ideas. Really I think we should implement a few different things to be honest. The best thing we can do is not have one purpose but definitely a coin that's multi purpose.

BLOCKCHAIN USES:
1. Security/Privacy: I say we implement zero-knowledge proof or 'zk-SNARK' from Zcash. Adding this would give the user a choice of shielded transactions for an additional transaction fee.
2. Digital Publishing Notarize/Signing: For businesses it would be nice to implement something like DiguSign so that documents are securely stored, notarized, validated and secured for an additional transaction fee.
3. Decentralized Cloud Storage: This may take awhile to implement and be something we do in later stages but the impacts are too huge not to ignore. We may need to study Storj to gain a better understanding of how to implement this but I truly feel a decentralized cloud storage will skyrocket in popularity in the near future. Again for an additional transaction fee.
4. Fund Raising Services: If we could tap into fundraising ventures like IndieGoGo/Kickstarter/GoFundMe we could revolutionize the way these are done today while tapping into another market. Yet again for additional transaction fee's.
5. Gaming: This was originally Coin2's purpose but hopefully we could utilize it much more than now. I'm unsure of what we could implement gaming wise into the block chain but its obviously a huge market and one that I'd like us to stay apart of in someway.

These additional fee's could be coins that get destroyed to lower inflation or maybe you have a better idea with what to do with the fees? Normal transaction fee's should be kept to a minimum and low. My thoughts are by offering all 5 of these we give our users the ability for privacy, public notary for business, a trusted decentralized cloud storage mechanism, a way to raise money for fund raising services, and for gamers. By specializing in all of these at once we distinguish ourselves as the best multi-purpose coin and then the huge blockchain from quick block times would serve a purpose. I realize though implementing these would be a lot of work and so I don't think it would be an easy task but certainly the best if we could pull this off.

Aside from the block chain... I think there's three other features we should add. Two of which I consider essential.

ADDITIONAL FEATURES:
1. Stake for Charity: I really enjoy this and think Hobonickels was the first to implement such a thing. It should be pretty easy to implement.
2. DigiShield: This one is a must in my opinion as it gives real time difficulty protection. It would re-target the new coin's difficulty to protect against multi-pools and over-inflation.
3. Segwit implementation: Starting with this is also a must in my opinion.

I'm sorry for the novel but I really tried to think of what would be the best we could do. Hopefully you enjoyed my ideas

@nrigo

What was your thoughts on my inflation avoidence + fast block time idea? Also Segwit / lightening?


Really looking forward to the swap. Curious if anyone else has thought of any new coin names

While we're on the topic of implementing the best features and ideas we can to improve the new coin I think we should definitely implement Segwit from the start. The lightning network is going to release sometime this year and we could capitalize on this by planning ahead.

I think those numbers are pretty nice. I've been thinking about the block time lately and considering what you've been saying about your concerns of inflation if the block time is too fast. If your considering 4 mins couldn't we lower the reward to compensate for the quicker block time? For example if we divide the reward by 60 we could have the block time at 4 seconds instead of 4 minutes but still keep inflation at the same rate. I just think if possible we could really be onto something if we could claim the fastest coin while also being one of the most energy efficient coins (PoS+PoC). Those two claims on top of the masternodes and superstake could propel us to the top 50 coins in a short time.

Where was this said? Would be nice to have a dev working on TEK again. Hopefully we can get a new wallet, block explorer, and website up as well.

You're very welcome! Yeah I was thinking proof of space (proof of capacity) could be appealing for those with poor hardware but also as a green energy efficient claim we can add to the resume.

Good point on inflation. Hope there's a way we can have the fastest transactions of all coins but keep inflation in check.

@nrigo

Is proof of space also being considered as well? It's a pretty neat feature I enjoy about Burstcoin.
Multi-Algo PoW (3 or perhaps more?) + Proof of Stake + Proof of Space

PoW = 20%+20%+20%
PoS = 20%
Proof of Space = 20%

Would make for a really secure block chain.

Also what are your thoughts on having a very quick block time? Something like 7.5 or 10 seconds? Transaction times would be super fast; perhaps faster than any coin out there and hopefully we can have low fee's on top of that.

Hopefully Digibyte will be added to coinbase next year. Supposedly coinbase confirmed they will add a few more altcoins and I know the PR people at Digibyte have been requesting to be added for a long while now. A direct dgb to usd market would do wonders for our marketcap.

Community proposals:

Short term:
1. A new wallet and perhaps a new design.
2. A new website/new topic to keep everything together as the current announcement is locked but also because currently the wallet linked to both the website and original topic has been hijacked and contains a virus: https://bitcointalk.org/index.php?topic=2357514.0


Long term:
1. Once enough holders agree I say we lower the PoS reward to stop the constant inflation. (Min 7 days / Max 14 days PoS schedule @ 5%... goes down 1% each year)
2. Multi-Algorithm PoW.
3. Possible rebranding to gain a fresh start.... you would think a coin like TEK would contain more technology

I really enjoy how you've incorporated the best of all coins. PoW multialgorithm + PoS + 1000 masternodes + 1000 superstakers would be very attractive. Hopefully it will be one of the fastest coins for confirmation and low fee's to attract even more users. Though not sure if we'd need higher than a max of 25m coins to be one of the fastest transaction coins.

A temporary higher block reward + higher APR could be nice as well. I've always believed staggering these out at different times gives the best diversification and fairness. Perhaps having random days once a week give @ X1.5 PoW block reward for the first 90 days? I dont think it should be too dramatic like X2 but enough to give early adopters and those lucky enough to mine those random days a little extra.

As for names.... It'd be kind of cool to go with something that pays tribute to the new attributes of the coin or maybe something to pay homage to the old coin... but in the end I think going with something that's a clean slate would be best of all. Something new and simple.

My vote goes to:
CByte
Symbol = CBT

Just my thoughts