Author

Topic: Dogecoin should hard fork to ring signatures. (Read 454 times)

legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I just had this stroke of genius earlier.  
  
Dogecoin was always meant to be a joke and experiment but it's technology is getting left behind.  
  
I don't want to see Doge die, but maybe they don't have to.  If they hard forked to ring signatures and a modern mining algorithm, suddenly Dogecoin might be amazing and hot again.

Same goes for the beleaguered Nyancoin.

No. Too much of a social covenant change. Actually what Doge could very effectively take from Monero is Cryptonote style adaptive blocksize limits. This could work very well in Doge because Doge already has the hard part in place namely the tail emission. It would position Doge with a very similar codebase to Bitcoin but without the blocksize issue.

Edit: The tail emission in Doge could over time make Doge the primary source of security in the merge mine with Litecoin.

Should we send this to the doge devs and have them implement asap. If it's as good as it sounds....why not do it?
legendary
Activity: 2282
Merit: 1050
Monero Core Team
I just had this stroke of genius earlier.  
  
Dogecoin was always meant to be a joke and experiment but it's technology is getting left behind.  
  
I don't want to see Doge die, but maybe they don't have to.  If they hard forked to ring signatures and a modern mining algorithm, suddenly Dogecoin might be amazing and hot again.

Same goes for the beleaguered Nyancoin.

No. Too much of a social covenant change. Actually what Doge could very effectively take from Monero is Cryptonote style adaptive blocksize limits. This could work very well in Doge because Doge already has the hard part in place namely the tail emission. It would position Doge with a very similar codebase to Bitcoin but without the blocksize issue.

Edit: The tail emission in Doge could over time make Doge the primary source of security in the merge mine with Litecoin.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Isn't doge working well now and quite secure being merge mined with LTC?

I like doge. More real world adoption could be useful though.
hero member
Activity: 770
Merit: 504
I just had this stroke of genius earlier.  
  
Dogecoin was always meant to be a joke and experiment but it's technology is getting left behind.  
  
I don't want to see Doge die, but maybe they don't have to.  If they hard forked to ring signatures and a modern mining algorithm, suddenly Dogecoin might be amazing and hot again.

Same goes for the beleaguered Nyancoin.
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