Topic: Asking for guidance on how to implement a protocol to boost Bitcoin usage. (Read 178 times)

Hey, thank you so much for your answer bitcoindusts 

It absolutely helps, and I really appreciate the effort of putting that together for me to follow

I doubt my abilities and I'm totally willing to seek help, it will be necessary

The reason I'm in this mental banzai charge is because I think this protocol can indeed be a great solution, may I fall during the charge or not . I think it's worth the try

Thank you again!!

I read from an online source that in order to implement a protocol to boost Bitcoin usage you need to:


I hope it helps and just disregard it if it didn't

Thank you Ucy for your reply

I checked your latests posts but I was unable to find the ones regarding bitcoin volatility, could you please point me to the posts you are referring to?

Just to clarify: the protocol I'm trying to implement converges towards a bitcoin-only currency system. The temporal usage of a stablecoin is to allow, simultaneously, for people to transition from fiat to bitcoin, and to make that transition smooth for the average citizen (while investors will withstand the brunt of the volatility).

Sorry for the late reply @didIplaywell. I actually want something that's built wholly for Bitcoin system with bitcoin serving as it's main native currency. You could eventually include other foreign currencies/crypto in the future. I don't really fancy the web3/metaverse things that much as they could be built on ideals (like consensus mechanism) I find unsafe for regular usage.

In regards to the bolded, you could check out one of my solutions to the volatility issue you raised. You can go through my other post before this.
Bitcoin will be a good alternative currency in such parallel state, especially when the need arises like during a national/global dictatorship, tyranny, choas or economic crisis. Tyrants will try to impose their will on parallel state as they could be seen as a threat... A good mobile or nomadic state that uses Bitcoin will be hard to control

Hi Ucy! Thank you for this input
I think that what you are proposing will tend to evolve naturally from the "metaverse"/"web3" ecosystems, isn't?

Before we reach that point, by now, I'm aiming to "the streets", to say. "Parallel Nations", in strongly regulated (socialist) countries (like mine), are essentially what "non official markets" are. I'm avoiding the term "black market" because it haves a negative connotation in first world countries, but in socialist countries "black markets" are the "good markets". Nothing illegal goes there except that the exchanges are not subjected to government oppression in it's many forms (inflation, taxation, confiscation, banning, limitation, segregation, racketeering, lobby, etc).

So we already have this self-sustaining systems up and running on the streets as a means of survival (the culture started after the 2001 national crisis, when the first full parallel economy spontaneously grew). The only eternal problem is the currency, which is still limited to the national currency for the vast majority of the population. To make bitcoin a viable currency, there has to be a way to deal with it's volatility, to allow mass adoption. The protocol I'm pointing to proposes a solution, which do not implies to try to control bitcoin's price.

If you could take a look at it, I would really appreciate it

To boost Bitcoin usage you need to build an auxiliary System that imitate a Nation so that it can help serve as some sorts of self-sustaining system with a circular/interdependent economy that uses Bitcoin as its Native/National currency.
To succeed in this I  would suggest you focus on building a Bitcoin system that could exists as Virtual Nation or as Decentralized Operating system like Window/Andriod. And such system must be according to the Bitcoin ideals so that it's safely Interoperable with Bitcoin or existing more like compatible Lego you can plug into the Bitcoin building/foundation to exchange data. It should be an open system anyone can download and run to help keep it functional.
I tried to avoid the technical terms associated with this in order to keep things simple

Thank you Lida, I will

I may not have a solution to what you seek, but all I can tell you is beware and be sensitive against any scam or fraudulent persons that might want to take advantage of you in your attempt to garner knowledge to guide you on how you can fully go about with your project.

Hello!

I thank you for your offer, but let me clarify that this project do not needs marketing, this is still on the technical development stage.

Plus, it's important to keep the conversation here, to keep it searchable and open for everyone.

Thank you again for your time

I can help, please hit me on Telegram: @ElevatedWarrior

Hello!!

I have developed, at the theoretical level, a protocol (would be a dApp) to boost Bitcoin adoption for every day use, by everyone.

But, I completely lack the knowledge on where even to start looking in order to learn what I need to know to make at least a proof of concept of this protocol.

What I do fully understand:
- I understand the core concept of Bitcoin, I have read the white paper thoroughly, and I'm a programmer (Python and C#). I also understand very well the economics involved and the whole concept, which is the reason I'm a committed supporter of the adoption of bitcoin as currency.
- I understand I'm going to have to vinculate many complex tools to get the different components of the protocol (which are each a world by themselves), and I understand that even getting them to work together is going to be a challenge in itself.

So I'm fully aware that there is no shortcut here, no "for dummies" version, this could take up more than a year to even get the PoC, and that at the end all this might very well end up being way above my IQ. I'm fully aware of my ignorance and the size and high level of the technical complexity implied.

What I'm humbly asking for:
- Can you please guide me on at least part of what I need to put together to get this done and where can I start learning about it?

I'm obviously not asking for the full package, but my aim is to try to put together whatever answers I might get, start from there, fill in the blancs, and see where I can go.

I'm deeply thankful in advance for any answer, I understand that this is a crowded and vibrant ecosystem so I really appreciate the time anyone gives.


This is the protocol (it was moved to "Altcoin Discussion" because it mentions an altcoin in it to illustrate part of the concept, but it haves nothing to do with any altcoin, it proposes no new altcoin nor anything alike, this is just pure Bitcoin):

https://bitcointalksearch.org/topic/emptied-post-the-proposal-was-found-to-be-gibberish-5390178