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Topic: ★ [PULSE] INNOVATION? What do you think of this new way of block generation? ★ - page 2. (Read 2447 times)

legendary
Activity: 1876
Merit: 1014
PULSE BLOCK CREATION

As the CryptoCoin Revival Foundation, we support coins and innovate them.

Our newest innovation is a new way of block generation we implemented in our focus coin Quarkbar, called PULSE. (Quarkbar main topic: https://bitcointalksearch.org/topic/closed-587457)

It slows down block creation to once every five minutes,
except when transaction are sent. When a certain amount of
coins is sent, a block will be created to send the transaction
immediately.


It works like this:



We believe PULSE is the best answer to the slow block creation of coins like Bitcoin and an answer to the huge influx of new coins like Dogecoin.

Benefits:
+ Quick transaction speed when necessary.
+ Lower inflation: New coins get created at slower speed, when the network is not busy.
+ Durable: Life of the coin is extended a lot
+ Efficient: Required network hashses are low.

What do you think?



Quarkbar main topic: https://bitcointalksearch.org/topic/closed-587457

PULSE FAQ
What is Pulse?
Pulse is a revolutionary way of block creation that adjusts the speed of new blocks to the amount of transactions.
When there are no transactions or less than 10QB a block is created every 300 seconds. When more than 10QB
is sent, a special TX block is created within 30 seconds. This makes it possible to use most newly created blocks
to keep the chain synched and sent transactions superfast!

How does the difficulty work?
Pulse generally spoken adds another layer of difficulty adjustment besides the well known difficulty-index of
the merkle-root.

How much network power does it need?
Pulse ultimately needs 10kh at it's lowest point (where we are now). We will soon launch a difficulty patch that
will give it an upthrust and fix the difficulty at about 10.x or 11.x (something close to what it used to be).

What about the difficulty adjustment
If the network regresses and less power is at disposal, the difficulty will be automatically lowered again. The
difficulty will lower faster than it will rise. That's why there'.s more pressure downwards. This is to avoid having
hard blocks and small miners that can't take it.

What about the Rejects?
These are a natural part of mining Quarkbar. The projection is that it will be 25% of what is being actively used,
 so 75% rejects due to Pulse. This means that the difficulty is lower than it should to fix the spacing.


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