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Post by Admin on Jan 4, 2014 12:32:53 GMT
We are developing an entirely new crypto currency that is a combination of ideas culled from several recent papers in the field. These papers specifically are: arxiv.org/abs/1304.4758 "Bitcoin and Beyond: Exclusively Informational Monies" Which provides a general treatment of Bitcoin like currencies. matt.singlethink.net/projects/mpotr/oldblue-draft.pdf "OldBlue: Causal Broadcast In A Mutually Suspicious Environment" Which provides a generalized algorithm for consensus is a adversarial environment. www.bitfreak.info/files/pp2p-ccmbc-rev1.pdf "Purely P2P Crypto-Currency With Finite Mini-Blockchain" Which provides a proposal for a bounded block chain. eprint.iacr.org/2013/881.pdf "Accelerating Bitcoin's Transaction Processing" Which provides a mechanism to support transactions in the order of seconds.
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Post by mripper on Jan 6, 2014 5:22:14 GMT
Sounds interesting, how do we invest?
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bc
New Member
Posts: 1
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Post by bc on Jan 7, 2014 1:29:40 GMT
Great ideas, a lot of work. I think we need people to fill these roles:
1. Coders -- it doesn't need to be a big team, 3~4 devs should be good 2. Marketing -- articulating the ideas, evoking public interests 3. Coordinator -- coordinating different teams
There should also be some constitution-like rules in place, which defines the fundamental characteristics of this new currency, these rules should be made in a way that they are very difficult to change.
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