Wake up Krile. Block chain is again stacked. What are you going to do about it?
I do not understand why you can not find some permanent solution?
Right now, at what stage is your project?
The current plan is to make a swap.
Starting a new chain on a newer codebase, same pow algo same reward structure.
The plan is to make a snapshot of the current chain at a certain block height, and put those balances into the genesis block of the new chain.
Some of the changes:
1. longer block time (at least 5 minutes, if not more)
2. better difficulty target algorithm
3. PoW forever, coin will remain pos/pow hybrid
3. maybe annon features, not sure about this yet.
Why do this:
1. start fresh, leave old bugs behind
2. longer block time, less blocks, faster sync, less confilcts and spontaneus "mini" forks in the network
3. go to current bitcoin codebase, segwit and all the fancy stuff
Everything will be announced with enough time in advance. Right now I am still looking for a co-developer to help out with the deployment of this idea.
The ideal timing would be march 2018 for the two year anniversary of Nevacoin, but hard to say if everything will be tested enough by then.
Do you like the idea? Feedback welcome