Topic: █▓▒░ GAIA Platform [Built in AppStore][POS 2.0][Android] ░▒▓█ - page 8. (Read 208083 times)

That is only the voting on twitter. We have a few votes here and in irc chat.
So, what now...?

  does that mean were staying POS? 

or you stretching time for a few more votes to get a YES .. 

One week is over. What is the decision? 

One warning for changing tho Etherium.
Check the blocktime of SOIL: http://stats.soilcoin.xyz/
Etherium is very experimental and SOIL I like very much but they have big problems with ajusting the blocktime.
People in GAIA are not mining people and the reward of 0.25 GAIA is not very intresting for mining @ current exchange rates.
Does the GAIA team have suficent mining power to establish the network?

Y E S   

yes

Wel thanks for that "NEW" and elaborate information .. 

based upon these "new facts" that really got me thinking
and turned me around 180 

so imma gonna say "YES" ?  i guess??

OK, to recap...  

RagingBull is proposing a coin swap for GAIA to an Ethereum-blockchain-based POW coin.

The new coin will have a block every 15 seconds at a rate of 0.25 coin per block.

The new coin will have a different name and BitcoinTalk thread.

The new coin's mining algorithm is DAGger. (Ethereum's wiki on mining with DAGger: https://github.com/ethereum/wiki/wiki/Mining)

Console, Windows and Mac wallets are on the roadmap for immediate release.

The swap will be a 1 to 1 exchange.

~ ~ ~

Personally, I am voting "Yes" (for the swap) as are two friends of mine (from irc channel #gaiacoin) who do not use BitcoinTalk (pcctw and webbyz.)

I have also put an impromptu poll on Twitter (though we can't tell who is voting.) It can be found here: https://twitter.com/covertress/status/692829565845127168

What I'm most excited about is the opportunity this new blockchain brings to our development platform. There are many Ethereum-based companies emerging as major players in this frontier. You can read about some of them at the bottom of Ethereum's home page in the section entitled, "Some Projects Using Ethereum": https://twitter.com/covertress/status/692829565845127168

Of course, I will continue to work as our coin's media contact; hopefully, extending this role beyond social media into developer and Bitcoin conferences.

So, there is the vote in a nutshell:

NO = GAIA remains a POS coin with a built-in AppStore (Roadmap: app submission process still to be completed)

YES = GAIA becomes a new coin based on the Ethereum blockchain, a POW coin that is mineable.

Thank you everyone, for voting!  

covertress

See quote

But another posibility is to create a combined ecosystem with GAiA and EthGaia (the new coin).
Etherium is great but PoS was in invovation to prevent mining and that is why I like PoS-currencies.
If you create EthGaia you can combine the advantages of both currencies.
That is why I work with SOIL (also Etherium fork)
You can consider also using SOIL or just Etherium of jour own EthGaia.
When you create EthGaia besides GAIA then sharholders of GAIA can exchange for EthGaia and you can send these GAIA to a BURN address and/or create GAIA-tokens in the EthGAIA ecosystem.
This where my thoughts and if you work it out like this it is more innovative then just a coinswap 1:1 to a mining currency.
On the other hand 1:1 is just easy but maybe you lose some PoS fans.
If you wait 6 month then there comes a PoS version of Etherium.

We need more information...

Just a reminder, the GAIA community hangs out in irc room #GAIAcoin... in case you want to chat live about this proposed coin swap.

http://webchat.freenode.net/

Please leave a 'yes (swap to POW) / no (stay as POS)' comment here on bct regarding the vote

and

come to Twitter to 'click your vote' for POS or POW -- https://twitter.com/covertress/status/692829565845127168

thanks

 

mmm if go to pow algo ,.,, up ethereum .... why not?

can you detail changes in coin spec with algo change ?

Console / windows / mac wallets, and the mining algo is dagger.

I will be back later today (few hours) to answer any other questions that come up.

Which Kind of wallet do you think of? Mining alg? Which new Name? Sounds not too bad...

As far as the specs are concerned, the coin will have a block every 15 seconds at a rate of 0.25 coin per block.
The swap will be a 1 to 1 exchange. The coin will have a different name and thread. If we agree to do a swap, 
we can discuss more details.

This sounds very exciting, RagingBull. I'd like to see the specs on the proposed coin and know whether this will be a 1:1 swap.

An Ethereum-based blockchain? Hell, yes. I'm all for it.

Good to see you back again RB. I hope we get some more Infos...