We're rolling our own crypto
Hi there! We're getting ready to roll our own crypto, Satirechain.
As per the kinds of things we do, our focus is on equality and equity. To that end, here's all that comes with our crypto:
- Every block grants every possible (not known) address a fixed sum.
- Transaction fees must be whole. All fees within a block are equally distributed to every possible address.
- "Address mining" is a thing. It's also self-defeating. There are only so many transactions you can fit in a block, so you'd just be attempting to DDoS the network.
- Pending transactions aren't copied to all nodes, but instead looked up as needed. "Bad peers lists" significantly reduce the effectiveness of "address mining", but mostly this reduces long-term client RAM requirements.
- We have Hotlinking as a Service. Anyone can pay to hotlink things into the chain, including hotlinks that may exist in other chains. You might know this feature from other chains by names such as "no-frequency trading".
- The client is pure javascript. There's no "native" client, just a webserver that serves the javascript client locally.
- We care about the environment and about phasing out IPv4, so the chain is built with the finest Proof-of-IPv6 algorithm.
As a bonus, we're calling this a mathematical MMO. This lets us fly under the radar of those pesky regulators. After all, it's just a game!