Topic: [BMR] Bitmonero issues and plan (Read 739 times)

Hello!

I have to write this post in order to make a clear statement about the future of Bitmonero and about plans we have because there is a lot of discussions that are very missleading for stakeholders (node owners and coin owners).


1. No protocol changes will be introduced in Bitmonero without explicit consent from miners. Why?

  - because miners are the main force that builds network security. No miners - no netwrok.

  - changes made without miners' consent are not possible technically.


2. There are two proposed protocol changes:

  - merge mining option

  - emission curve change option

In both cases we will ask miners to state their opinion explicitely. The same voting procedure is used in Bitcoin.


3. No existsing coins will be discounted. There is a proposal to discount existsing coins but we don't accept it and no voting will happen about this. Why?

Because discounting existing coins destroy trust to developers. All people having BMR coins now have stated their agreement with Bitmonero parameters so far. We have no right to make parameters worse for them.

In case emission curve will be changed this will happen only with future block rewards. Not past.


4. No name changes will be introduced without voting process.


All changes and voting needs time to be implemented. We have almost finished implementation of merged mining. As soon as it will be 100% complete I'll post about it.

While we are working on code improvement you can help us by voting for Bitmonero to be included into Comkort exchange: https://comkort.com/vote