Whitepaper: iceEVcoin - Proposal for Minimalist Bitcoin Variant (7M Cap, 30m PoW Blocks) - Seeking Developer Feedback & Collaboration
Hello r/btc community,
I'm Bubbly_Ice3836. I'm sharing a whitepaper today written by 'Frost Aiken', a developer who prefers to remain pseudonymous.
This paper outlines iceEVcoin, conceived as an experimental, minimalist variant of the Bitcoin protocol. It stems from a deep respect for Bitcoin's core principles (Proof-of-Work, UTXO model) but explores the potential impact of just two specific parameter changes:
Maximum Supply: Fixed at 7 million coins (exploring extreme scarcity).
Target Block Interval: Set to 30 minutes (exploring potential effects on network energy profile and niche settlement times, like EV charging).
The full rationale and technical specification details are in the whitepaper linked below. The intention is strict adherence to Bitcoin's design in all other functional aspects.
Whitepaper is here: https://www.reddit.com/r/iceEVcoin/s/DimWJTLigi
Current Status & Call for Collaboration:
To be fully transparent: The source code implementing these changes is not yet developed. Frost Aiken conceptualized the variant and authored the paper, but due to resource constraints, implementation hasn't begun.
This whitepaper is being shared specifically to gauge interest within communities familiar with Bitcoin forks/variants and to seek potential C++ developers knowledgeable about the Bitcoin Core codebase who might find this specific exploration intriguing and be interested in collaborating on its implementation (code, testnet, etc.).
Acknowledged Trade-offs: The 30-minute block time is a major design choice with a significant impact on transaction speed, making it unsuitable for many applications. This is understood and is part of the specific trade-off being explored, as detailed in the paper.
Project Ethos: There is no pre-mine, ICO, or founder's reward envisioned. The intent is a fair launch mirroring Bitcoin's principles, should the project proceed to implementation.
Contact: Developers interested in discussing the technical aspects further or potentially collaborating can reach out to me (Bubbly_Ice3836) via Reddit PM initially. We welcome constructive technical feedback and discussion on the merits and challenges of this proposed variant.
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