Month: April 2014

Community,

 

As requested by the community, an updated difficulty re-targeting algo is being developed, which will be incorporated in v.1.3.0 of the client after community input.

 

The block-chain voting will begin after implementing the more stable difficulty algo.

 

As such, please find our revised roadmap to Bitcoin sCrypt decentralization.

 

Bitcoin sCrypt Revised Roadmap

1. Omega6 posts proposed changes to adjust difficulty re-targeting algo for a v.1.3.0 on the forum for community to review.
2. Community inputs changes into v.1.3.0 before official release of source-code and client.
   1. Binaries for win, linux and mac must all be made available because v.1.3.0 will be a hard-fork.
3. Evaluate difficulty re-targeting algo changes and adjust if necessary.
4. Announce first set of votes; announce process for voting; announce process for submitting questions to be voted on; and specify venue for debating ideas.
5. Begin block-chain voting system with housekeeping votes–or other votes as directed by community (i.e., n-Scrypt vs. scrypt-jane; incorporating zerocoin anonymity; etc…) .
6. Implement vote results; evaluate voting system; and adjust as necessary.
7. Vote on remaining housekeeping/intro questions and implement as applicable.
8. Community explores other bigger-picture possibilities to fully utilize decentralized block-chain voting.
   1. Coin Governance
      1. Whether to create and elect a temp/perm guiding counsel or developers counsel
      2. Whether to vote on founding principals through a constitutional convention-type event
      3. Whether to embrace a completely anarchic model
      4. Etc…
   2. Creation and administration of special-purpose funds
      1. Developers funds
      2. Marketing funds
      3. Infrastructure funds
      4. Etc…
   3. Or a combination of the above or something completely different, as per the community.
9. Vote, Implement, Evaluate and Repeat, as desired.