What a brilliant idea. If I were a programmer capable of implementing ring signatures in a satoshi based client within such a ridiculously short time, I sure as hell wouldn't make it for a random coin.
I'd make my own.
We're going to increase the time to 1 month. I myself know 1 week is ridiculous after contacting few pro coders. Still waiting for MyFarm. Please respond proactively thank you. Honestly why would u make your own when u cant handle it later? Scam a few peps that what ur saying?
If someone is capable of integrating ring signatures into the satoshi client, they are way more capable than you are anyways, so why would they do it for you instead of creating their own altcoin? Dreamcoin is looking to be the next big pump, that's it.
Because marketing is hard. If there's a **well distributed** community of motivated stakeholders **both big and small**, then it's WAY more lucrative for me to give the community something it wants than to go create yet another altcoin that might be technically interesting but has no active users. Besides, I don't learn anything releasing code that nobody runs.
Scamming is for bitcoiners. I'd like to believe this community has a dream of something better
See this guy is a hero for us, i love the fact that he doesnt just want to "make a new coin" as theres already hundreds rotting away and give DRM a new life as the first ever POS anon currency.
So here's the deal... You, the Dreamcoin community, have to make some hard decisions, and tell me what's really important. Cause I can do development fast, but to do that, I need to US dollars to pay my bills and possibly hire other people.
But I'd rather do **high quality work** rather than another quick pump-and-dump. That is NOT going to come quickly, and might involve dramatically changing some coin fundamentals, because there are a lot of broken fundamentals in different places because someone grabs something derived from the Satoshi bitcoin client, makes a change, and doesn't fully understand what they are doing.
Satoshi had a brilliant concept with blockchains, and Bitcoin was a great first implementation. Proof of stake was a pretty interesting addition. Now we have Dreamcoin, which has a great name. But you don't achieve your dreams without making a few mistakes, and learning from them along the way. So here's an idea.. wouldn't Dreamcoin be the ideal coin for a fully distributed crowdfunding system, like http://blog.vinumeris.com/2014/05/17/lighthouse/ ?
I could probably implement (and most importantly, test) some sort of ring signatures and/or darkcoin-like anonymity protections for $50k to $100K USD in a couple of months. If there's no money, and I'm doing this in my spare time, it might be 6 to 18 months. It might be a lot faster if there is a community that comes together out of something more that just the 'next big coin'.
Excellent post, looks like you will do the break test and etc yourself by the looks of it. Dreamcoin can become really professional through this quality work. Yeah man im sure we raise a atleast $5000 in the beginning and hey we have MyFarm. I sure aint looking for a shit pnd but a long term potential coin here. I understand that POS cryptonote is a different algo all together and it will be much harder if thats what you are aiming. I will try getting BTC and DRM addresses started later hopefully. Is there any chance you maybe commit full time to this at some point? I sent an email addressing ETA, could you state the processes you will be doing as well?