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Trustless and Decentralized Bitcoin Prediction Marketplace

License: MIT License

Makefile 0.03% C++ 3.86% C 0.78% Python 2.51% R 6.72% HTML 86.10% Batchfile 0.01%

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allonhadaya avatar kolinko avatar nmushegian avatar paulcapestany avatar psztorc avatar tinybike avatar zack-bitcoin avatar

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truthcoin's Issues

truthcoin pow

I think it would be a bad idea to make truthcoin a POW currency...
POW vs POS vs DPOS vs any other blockchain method doesn't change how the prediction part works, so really, it shouldn't even be discussed in this project?

The cryptonote team has cryptographer specialists who make little pieces of code similar to the SVD code you made. The cryptonote team does not understand blockchains, and they are not trying to build blockchains.
Any blockchain that uses cryptonote software, they bring the blockchain to the cryptonote team, and the cryptonote team writes the new blockchain onto the approved list.

When investors consider investing in the new chain which uses cryptonote features, they check to see if cryptonote has approved it. If it is unapproved, then it might not be secure.

I think you should do truthcoin similarly. Multiple people will bring you blockchains, and you verify that the truthcoin aspects of it are good. Then you write the blockchain's name to a list in this project.

What about groundhog's day?

"if it is sunny, the groundhog will supposedly see its shadow and retreat back into its burrow, and the winter weather will persist for six more weeks."

Well, I'm not referring to the sunny part, that does not exist in VR yet. Rather, the groundhog reveals its opinion six weeks prior to the event. Here, I would propose that the groundhog is the question "will winter weather persist for six more weeks?" but the results of the vote be known 6 weeks prior to the actual outcome and payouts. The voter results may be used to guide farmers in planting crops, families and vacations, etc...

Another example: what if we had a meteorite headed toward earth. Should we wait until a hit or miss to know the results of the vote?

VoteCoin Valuation

I would like to learn more about the Voting System and specifically I'm looking for an answer to the following 2 questions:

a) How the Votecoins are distributed?
b) How Votecoins' value could be measured?

Thank you,
Mordernschool

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