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Denarius - Ideas


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Hi to everyone out there,

since i like the style of Denarius quite much, following and holding coins since a long time and beeing myself as well into software engineering, i'd like to share some ideas that could maybe look good within Denarius.

I know that not all ideas might belong diretly into the Developement Section of this forum but since they always include a technological part i think its right place to start.

To give a first overview i'll group my ideas here and get into them in the upcoming posts within the next time.

  • Reversed Staking for "lost" coins  
    • To combat a higher deflation and to make staking for the normal users more interesting a protocol change needs to be implemented
    • Coins on adresses that appear to be lost or simply forgotten incur a negative fee after a specific period X so they will slowly move back into the circulating supply
  • SMS-Wallet-Service
    • To make the coins more attractive for a group of people who could really make it a great use case in daily life
    • you would need to make it available for countrys where there is no real payment system available, no banks 
    • Lot of third world countrys dont have smartphones or internet access and rely on a sms style banking service
    • Comes down to integrate a sms wallet to send and receive coins
  • Community Air Drop
    • Major problem with most of the coins available is a big premine or unfair distribution in circulating coins. A fair distribution of wealth is impossible.
    • If either there would be something like a denarius foundation or a community financed airdrop of a significant amount of circulating coins to a broad number of users the Denarius Project would be able to move to a better adoption level
    • An idea for fair distribution could be achieved over the mobile wallet, and the airdrop will only be initiated once the number of registred users pass a certain amount,
      • lets say distrubuting 1.000.000 Coins once at least 100.000 People have registered could make a significant impact
      • Because phone numbers are more difficult to obtain and register then mail wallets or bitcoin/crypto adresses and still maintatin a certain pseudonimity the described wallet service could be an good idea
  • Real World Use Cases
    • With the integration of the new DNS service, there is still a need for runnign services on chain.
    • For this Idea a new sort of nodes running on the network could solve the problem and bring other parties onto the chain 😉
    • More when the time is right 
  • Homomorphic Encryption
    • To combat censorship and to maintain a free internet its important to enable and work with encrypted data without decrypting it where it is processed.
    • Therefore, alternative keys that are used f.e. homomorphic services and are to be created, burned and organized from within the denarius wallet could solve this issue.
    • Same goes here, more when the time is right

For now just a quick summarize, in case you have questions or anything else just feel free to start discussion on here or get into direct contact with me.

best regards to the communtiy,

MagicManolo

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