MANDATORY: Upgrade To the NEWEST NETCOIN Wallet (10/8/14) Oct 12, 2014 17:23:13 GMT
Post by Admin on Oct 12, 2014 17:23:13 GMT
it sounds like you have a handle on how to keep disruption to a minimum and hopefully the exchanges will all switch seamlessly to the new model so most people who hold their netcoins online won't even know.
So if the direction really is to switch up - it is vital that we choose a stable and proven codebase that can evolve and adapt to the most advantageous cutting edge advancements in anonymity, security, transaction speed and ease of use.
The coins I'm aware of that are currently interesting for these reasons are:-
1. phoenix coin (neoscrypt) phoenixcoin.org/archive/neoscrypt_v1.pdf (source: github.com/ghostlander/NeoScrypt) this is ASIC resistant and also going to be adopted by Feathercoin in the near future.
2. sonic screwdriver (SHA-256) bitcointalk.org/index.php?topic=755180 this uses Tor and a number of other interesting security tweaks for more anonymous and private transactions. It also has the unique feature of embedding transaction data into an image.
There are probably a few more inventive coins doing the rounds at the moment too, these are just the ones i like the look of.
Okay dude and you are dead right! We need to now pick a solid and proven codebase but also it has to fit a couple of parameters at least because we want to use as much of the code as possible... So whatever we choose must be POW + POS at the very least, what kind of algo etc is all up for discussion.
But sure I will check these 2 out they sound interesting.
Oh also we should try to get one with the most up to date bitcoin codebase. If you can think of others please do share and really, thanks for giving your input, much appreciated