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Topic: [ANN][BITLATTICE] A Revolutionary Step - Bitlattice.org - page 19. (Read 36959 times)

full member
Activity: 238
Merit: 100
too vague to understand what is the real goal, or even what you meant to say as posting this here  Huh

Not really sure what is being announced here. Seems to be in such stage of infancy that there's not much to elaborate on. But just in case there is some new revolutionary thing going on here I'll keep an eye on it  Lips sealed

Yeah. they are talking like they were stoned  Cheesy
member
Activity: 94
Merit: 10
waiting the continuation of this project, I keep an eye on this thread
sr. member
Activity: 446
Merit: 250
Not really sure what is being announced here. Seems to be in such stage of infancy that there's not much to elaborate on. But just in case there is some new revolutionary thing going on here I'll keep an eye on it  Lips sealed
legendary
Activity: 1590
Merit: 1002
Having been privy to more detailed info regarding the concepts and early technical details of this Bitlattice project - I will be watching this space closely.

Welcome to the World Bitlattice

Regards to you both Hibryda and wtfc360

Good luck with this project and I hope to offer assistance on this project to you in the future.


Cheers - usukan
full member
Activity: 238
Merit: 100
too vague to understand what is the real goal, or even what you meant to say as posting this here  Huh
full member
Activity: 137
Merit: 100
I support Hibryda and this project which will revolutionise the crypto currency world.
fgb
newbie
Activity: 23
Merit: 0
is dis your ann?  Roll Eyes just asking
jr. member
Activity: 86
Merit: 4
Creator of Bitlattice
youre not explain in this thread about youre project
and explain bitlattice coin, about total suply bitlattice coin, tipe coin , and about bitlattice ico selling and bounty

There are 3 steps of the project:
1 - theoretical research with proof of concept code examples.
2 - implementation
3 - deployment and issuance

We are at research & developmental stage. This step is meant to yield both refined theoretical basis in form of final WhitePaper and example code fragments that can serve as proofs of concept. Actually some parts of this concept are ready today, some must be refined, some decided yet.

As to  deciding supply -
-supply, being bound to usability rather than to theoretical caveats, should be decided at second step. Myself I tend to favor low number fixed supply (Bitcoin like). Anti-deflational strategy of Ether convinces me not. The supply will most likely be provided by miners (however there are other possible solutions at hand) obliged to calculate lattice weight function from a full node. The difficulty must be set at this stage. If someone convinces me that never ending supply, or fluid supply is better, can change my stance.

As to deciding divisability -
-as currency is just a number it can be decided what minimum unit is allowed (and what to do with remainder if any). My current stance is 9 decimal places in both directions from comma (30 bits unsigned in every direction). But it can be set almost without limitations (except more bytes to hold a value).

As to ICO - did't decided yet.

bitlattice.org
hero member
Activity: 714
Merit: 516
#SWGT PRE-SALE IS LIVE
youre not explain in this thread about youre project
and explain bitlattice coin, about total suply bitlattice coin, tipe coin , and about bitlattice ico selling and bounty
sr. member
Activity: 374
Merit: 250
Prima Inter Pares
  
                                                                                                                                  A Revolutionary Step - Bitlattice

Blockchain has reached the peak of its capabilities. With every new project appearing in this area it becomes obvious that there is no way for further revolutionary blockchain development, except in small improvements and workarounds from the original Bitcoin blockchain. The scheme ingenious in its simplicity, due to this simplicity is extremely rigid. There is a growing need for a new paradigm that while retaining the base features of blockchain will allow for more complex interactions and more flexible structure on a global scale.

The Monolithic nature of blockchain that makes immutability possible at the same time renders scalability impossible. There are workarounds, but they are neither inherent nor reliable.

We need to go further with caveats that give birth to a new scheme altogether, but with blockchain in mind. The History of blockchain development clearly shows that while it was an elegant and efficient scheme at first, with more and more added functionalities it became bloated and maze-like. There is no viable decentralized solution to return to simplicity except by providing a new scheme with more degrees of freedom.

We are in process of introducing a revolutionary change in cryptocurrency. It will be a new coin, but no longer under the conventional blockchain protocol, instead a multi-dimensional lattice structure, known as Bitlattice.

Bitlattice is a new paradigm and fundamentally different from Bitcoin and the major alt-coin protocols. It is something very novel and experimental. Bitlattice mitigates many common issues in the classic blockchain including scalability, timing, complexity, and the inability to have independent oracles.

Blockchain as a technology is already quite old. The majority of the underlying protocol on the Bitcoin blockchain is reasonable. However, there are some points that hamper wide and eager adoption of it. For example, well-known scalability issues stemming from the flatness of the chain (and few other factors as well). Time stamping problems stemming from the distributed peer-to-peer architecture that actually wasn't designed for this purpose (while there are many different implementations of p2p protocols in general, they differ with only a handful of schemes).

There are also higher level issues, like which proof to pick, what prioritization to set, how miners are placed inside a network and many more. All of them have certain benefits and drawbacks.

Our project differs substantially from traditional projects because it is not a blockchain. While it still provides the same fundamental benefits, lattice architecture is totally different thus providing additional benefits and solving several inherent blockchain issues.

It's lattice retaining some chain's properties. Actually, at the present stage of research it’s a five-dimensional lattice interconnected with curves, and can be portrayed with directed graphs. It can be collapsed to one-dimensional chain which provides the same immutability the current blockchain provides. But at the same time it provides means for features like lattice encryption.

There is one additional funny side-effect of the structure I have in mind. Such network could potentially act as a neural network and be able to self-organize to a certain extent.

My friend, neurobiologist, compared my idea exactly to a Neural Network. And there is some truth in this comparison. Up to the point that one of the features in my idea acts exactly as synapses and I also postulate homomorphically encrypted seeded entities acting as local authorities and being "hidden variables" of this network, something that can be compared to a primitive consciousness.

Such an approach, with technical details will describe when I'm sure that everything works as expected on a prototype level.

Everyone can join now provided that they conform to my foundational Bitlattice idea - this is to prevent mess and encourage a cohesive team with preset goals. We are looking for visionaries like us, people who are open-minded and courageous enough to thump conservatism and bring the lattice protocol to the mainstream cryptocurrency world.

Thank you,

Hibryda - creator and founder of Bitlattice
BitlatticeWoman(BitcoinLady) - the founder

  Link to the website http://bitlattice.org/
  Follow us on Twitter https://twitter.com/bitlattice
  Facebook https://www.facebook.com/bitlattice/ and Instagram https://www.instagram.com/bitlattice/

 All people interested in supporting development of Bitlattice should be aware that the only authorized way to contact the Core Team is by mailing us at [email protected] and [email protected]


WE HIRE!

Before we go public we want to hire a public relation(marketing) person who will gain a thorough understanding of advanced concepts of bitlattice and design a campaign to reach the targeted audience (communicate with the media and general public).

That could be you. Before you write to [email protected] you might want to double check our requirements.

We value:
- passion and imagination,
- knowledge in different areas,
- critical thinking,
- persuasive communication,
- the ability to understand the public,
- technical and organizational skills,
- experience in marketing in cryptocurrency/blockchain field.

We are looking for someone who can investigate, learn and pay attention to detail, who is creative and professional, organized and autonomous.

Searching for such universal person might seem like hoping for a miracle.
Actually if we are going to succeed we are going to need hundreds of such miracles:)

Spread the word!
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