OK a bit dramatic, and not intending to offend anyone, but what with all the recent challenges piling up how could we possibly turn this downturn into positive progression?
As you know, the initial mantra of Reddcoin was “The Social Currency”, however for most at this point, it probably couldn’t feel anymore removed than it is now.
That said, I for one have maintained that I will continue to develop using the Reddcoin blockchain. And a few other such as @reddibrek, @tralf and @lionzeye also remain committed. And, there are others outside the core developers that I have also been speaking with who still maintain a solid interest.
The Reddcoin blockchain tech is solid. And sure there can be further tweaking and improvements (laudney alluded to POSv2), and generally i believe there is a longer term future for POSv as a more viable method to validate the blockchain (rather than running mining farms as it such an environmentally unfriendly activity and the question has to be asked does the cost of “mining” justify the outcome?).
I also believe there is more opportunity for anyone to develop using an altcoin as a base rather than any of the ‘establishment’. Personally, I value collaborative discussions with other developers even outside the scope of what we are specifically doing to enhance the underlying technology and to bring mutual benefit.
Lets rewind for a moment
Who can say that they were around during the VERY early inception of the WWW, circa 1990?
That is 25 years ago and I was just out of college.
Back then I used a dialup modem and have telnet access to the internet via a university access point.
To view pictures, usually meant searching with gopher and downloading via FTP and open with favorite image viewer.
Then along came the HTTP protocol.
That was an incredible boom period (and continues to be with new functionality added almost daily), but at the same time, it was seen as so disruptive that initially it scared many traditional company thinkers (Teleco’s). Who would have thought back then about the how the ‘internet’ would now be used.
For me, this is another one of those moments in history.
Blockchain technology has so much potential, even what you imagine not possible today could be possible in the future.
Cryptocurrency is bigger than the sum of anyone of us.
So for the (promised??) features that everyone has been long holding their breath for, I question the value of introducing them at all in the current climate.
What does it actually create?
Who is going to use it?
And if by some miracle it could be delivered today, what would it do for Reddcoin?
My guess would be a juicy price pump, followed by an equally delectable price dump. The show would then be over once again to ridicule.
But what is needed?
At the front end… Users. And a much more simple interface of transacting.
In the current mode of social transacting with any crypto currency it almost takes a degree to be able to operate
And who wants to remember commands??
This aint no linux terminal and the mums, and dads and kids don’t need to understand
- /u/changetip 100 bits
+/u/reddtipbot 100 RDD
And what am I doing?
I believe I now have enough information gathered to start pulling together a much more simple interface to perform social transactions.
This is NOT a blockchain solution and I don’t believe any change to the underlying structure is needed.
Modifying what we already have is not required (bugs and issues aside)
There is enough existing technology to start pulling this together. And I have already started building a mini reddcoin config on a private LAN and testnet to start testing ideas
I am not going to pretend to you
This is going to take effort, a LOT of effort, but, I think I have a viable and workable proposal to help address the problem of adoption.