How will uCoin go from Meta_Brouzouf to uCoin?

Hello folatt!

We need several things to work to be confident in the fact uCoin will scale up:

  • have several nodes working together, at least 15, 20 or above to validate the network features
  • implement few new protocol rules like:
    • new PoW mechanism allowing for an average new block computing time between [target / √2 ; target * √2] instead of [target / 4 ; target * 4]. This means for a target of 10 minute for computing a block, real computing will be between [7 ; 14] minutes instead of [2.5 ; 40] minutes currently
    • add a delay between each certification of an individual.
  • add way more automated tests, notably by adding a testing framework to allow anyone to easily create scenarios and test wether the result matches what is expected.
  • allow multibranching to avoid split attack (a attack that forces nodes of the network to fork, making the network unable to agree on a same history without manual intervention)

That’s both nothing and a lot of work, since if I was 100% of my time on uCoin, it would be done in few weeks. But as I have very few efficient time available (thanks to debt-money system), this takes an eternity to achieve.

I don’t plan to do so, and I don’t know if anyone either. To me it would be a bad idea since it only spreads confusion, like Bitcoin did by calling both its currency, project, protocol and software the same name. I don’t know what purpose it serves, but definitely not transparency and clarity.

Do you think a currency used by 3 individuals will worth the same as a currency used by a hundred individuals ?

Yes you can. Find someone to start the currency with, download the software, configure it to accept people with a minimum of 1 certification, define the initial UD amount, its %growth and frequency, sign each other, and there you go.