Topic: MC2: A cryptocurrency based on a hybrid PoW/PoS system - page 8. (Read 195184 times)

Wasn't there a movie with Russell Crowe titled "Proof of Life"?

MC2's PoS is similar to PoA (and dissimilar to PPC)

Message was sent out, I will attempt to resend.

Everyone else who PM'd me recently, I will be adding you to the newsletter shortly.

PoW/PoA thoughts?

Proof of Activity

Keep up the great work, I rather the project take for ever then be a cut and paste!

Hi all,

I have recently been reading about cryptocurrencies and I am following this thread with great interest. One thing I noticed is the name of the coin is likely to induce confusion and to greatly reduce the branding position of MC2 in the short to medium term (or until one of the two netcoin fails). While still not extremely popular, the other netcoin returns about 106,000 results in Google ("netcoin" -mc2-) and is traded on at list 2 platforms while being listed at http://coinmarketcap.com/. I think the name of MC2 should be changed as soon as posible to something unique.

From what I have read, tacotime absolutely wants the initials to be MC2 so, in this respect, I propose mcoin (MC2) as a potential new name. M would stand for mobile ("able to move or be moved freely or easily") and the 2 would indicate it is a second generation cryptocurrency. There is also m-coin (MC2) that could be interesting. From my opinion, starting a phrase with "M-coin" is more aesthetically pleasant than with "Mcoin" but everywhere else I think mcoin is better. It would be nice to have the opinion of a marketing designer to know whereas mcoin or m-coin is better for marketing purposes.

M-coin.org is available was just registered by myself and I think it would be a good start both for mcoin and m-coin. I would gladly donate the domain name. If success follows, we could then purchase mcoin.org.

tl;dr: mcoin as a new name for MC2.

7rue

BTW, have you taken a look at the counterparty project ? It is also interesting and worth to follow IMO and have actual code that works which is not always the case for other new projects.

Also, I am still waiting for a message.

BM-2cUkz52xDAAxM36fjAs6ZNT4GS2jvDjHGo

Haven't been following this for a while.

Was this Netcoin?

Is it out yet?

vbuterin's Slasher POS is prettty interesting as well.

All persons have been e-mailed the most recent newsletter on BM who had asked for it.

I will try to push another series of updates later on this week to all the BM addresses.

A quick update;

There are a lot of so-called "next gen" cryptocurrencies coming to the forefront.  We are watching these closely to see how they fare, including:
- nxt
- ethereum (source code)
- maako's UTXO ledger system/ultimate blockchain compression and his work towards contract scripting for Freicoin (Freimarkets)
- bitshares

Probably ethereum is the most interesting because it has a new "memory hard" hash algorithm (dagger) and a transaction scripting language that operates like a programming language.  The latter may turn out to be totally and crazily dangerous, but I'll keep an eye on it.  I contacted one of the lead devs behind it as we live close by, but I haven't heard back from him yet.

I want to keep MC2 dynamic, that is, if a new feature becomes something incredibly useful for a chain, we can place it into it with a hardfork.  I think modularity is key in keeping up with the ever-changing and rapidly growing world of cryptocurrency.  Beneath a layer of modularity I hope to maintain a robust, stable cryptocurrency system that addresses some of the fundamental shortcomings of Bitcoin.

I will get back to the remaining BMs/PGP keys later tonight.

The reason you haven't heard much or haven't seen the project get all that much attention is because we decided against taking your money and then running around looking for a plan. Instead we decided to build some industry relationships that we hope will end up in a much better ecosystem for long-term dev on projects like MC2. A lot has been going on in the background.

If you're interested in hearing about it and getting involved, feel free to send tacotime or me your BM address or PGP keys, and he'll send you the communication. We're gathering up all the supporters of the project that stood with us, before we christen this ship for the high seas.

I didn't know this project was still being actively developed, it seems like it was first introduced ages ago. Love the ideas, look forward to seeing it come to fruition.

I can't vouch for that site, so I'm unsure if it works. Have you tried setting up the client for your OS using either the CryptoJunky or GuidingTech guides? If you have the client running, send me your BM address and I'll help you test it to make sure you can send and receive messages.

I tried setting one up using bitmsg.me. Will this work? It's been a day but haven't heard anything yet.

If anyone needs help setting up BM and/or testing that it works, send me a PM and I'll help you. There's a guide over at CryptoJunky to get you started, and you can also check out the one at GuidingTech for more information.

All aboard the SS Taco!

I just sent a BM to the address I got from _ingsoc.

Sure.  It's a really easy way to do public key encryption, easier for most new users than PGP.

Everyone else has been replied to.