Eliminate the possibility of a 51% attack...
how? 
Topic: If you were to recreate Bitcoin to be better and more secure. How would you? - page 3. (Read 2400 times)
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
April 28, 2015, 07:33:12 PM
April 28, 2015, 07:27:06 PM
Hey BitCoin enthusiasts, I am trying to figure out if it is possible or if people even want a better BTC. If so how would you go about doing this.
I am not sure it is possible. I would want to make bitcoin ASIC proof, so mining could be more distributed.
Is that even physically possible?
April 28, 2015, 07:03:16 PM
Reward halving to be only 1/3 or 1/4, that will not change the limited total supply but smooth out the distribution phase. Current reward halving scheme is just too steep that causes large appreciation expectation in general
April 28, 2015, 06:39:16 PM
Hey BitCoin enthusiasts, I am trying to figure out if it is possible or if people even want a better BTC. If so how would you go about doing this.
I am not sure it is possible. I would want to make bitcoin ASIC proof, so mining could be more distributed.
April 28, 2015, 06:32:42 PM
Eliminate the possibility of a 51% attack...
April 28, 2015, 06:32:06 PM
better and more secure? I would make it so that every transaction has to go through my permission. That way bad actors can't possibly do anything, not even a 51% attack 
April 28, 2015, 06:28:14 PM
Cryptonote
AFAIK, Cryptonote cleans the old transactions, which is not good to keep evidence. Probably good for anonymity though...
April 28, 2015, 06:11:04 PM
Cryptonote
April 28, 2015, 06:09:56 PM
Hey BitCoin enthusiasts, I am trying to figure out if it is possible or if people even want a better BTC. If so how would you go about doing this.
1. Looking for ideas including, making it fair for everyone in bitcoin possibly sending to a switch address and receiving the same amount of the new coin?
2. What type of algo you think is best.
3. How many coins?
4. other features the coin can do. (Ex. AI,science,ETC)
Thanks in advance for your ideas.
1. Looking for ideas including, making it fair for everyone in bitcoin possibly sending to a switch address and receiving the same amount of the new coin?
2. What type of algo you think is best.
3. How many coins?
4. other features the coin can do. (Ex. AI,science,ETC)
Thanks in advance for your ideas.
Jump to: