Work with Lightning developers on building out the infrastructure for lightning network on Litecoin. Work on cross chain atomic swap between Litecoin and Vertcoin.
Developer jamesl22 posted an update about elasticity:
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I'm going to implement elasticity over the summer, I would have done it sooner but I have been more focused on my studies due to final exams for University admission etc. I don't think elasticity on its own can "save" Vertcoin, it has more than enough features for it to be a usable currency, it just doesn't have the backing compared with the bigger ones.
voephilisI, also we have a big inflation. about 36K new coins every day.
actually, 28800 new coins mined per day:
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Blocks in the Vertcoin network are solved on average every 2.5 minutes, and the current reward for solving each block is 50 Vertcoin. These two figures together reveal the rate at which Vertcoin can be mined across the entire network: on average, 576 blocks or 28,800 Vertcoin per day.
Well the promise of elasticity (if I understand correctly) is stable market prices by dynamicaly balancing supply and demand, so if that is indeed the case what could go wrong with buying a shit ton of Vert at these bargain prices?
Well, it will depend on the actual elasticity algo desing details. And you can't buy ton (100K+) of cheap Vertcoin now.