Musicoin Project (http://musicoin.org ) June 28, 2017
The Musicoin project was launched on the 11th of February 2017 when the first block of MUSIC was mined. The MUSIC blockchain is a fork of the Ethereum blockchain and was launched without an Initial Coin Offering (ICO) or pre-mine or pre-allocation of funds. Without an initial pool of fund to draw from, Musicoin was and continues to be a ‘labour of love’ of Musicoin developers and community.
We have come a long way in this short span of four months. Along the way, we’ve received plenty of helpful feedback and suggestions from our diverse but united community of miners, musicians, listeners and music enthusiasts.
We carefully listened and considered everyone’s thoughts on how to make Musicoin better for everyone involved. After a lot of careful deliberation, we are excited to unveil a grand vision for this project that we hope will make creating and enjoying MUSIC a joyous and rewarding experience for everyone.
We present to you here an overarching roadmap of our vision for Musicoin. Specifically, we will clearly define the objectives of future versions of the MUSIC blockchain. Our ultimate goal is to make the MUSIC blockchain more Stable, Sustainable, Secure and Scalable (4S). This roadmap will help guide us to achieve these goals.
Going forward, we will design, implement and deploy network-wide algorithms that are going to bring tremendous utility and value to this blockchain. Each of these 4S goals strives to establish Musicoin as a viable and attractive alternative to the current ineffective models of content creation and distribution in the music industry.
Without further ado, we present to you Musicoin Roadmap. We hope you will share this exciting adventure with us.Figure 1. Musicoin Blockchain Roadmap In a Picture Musicoin Version 1.0 (‘Hello’) — Feb. 2017
The current version of the MUSIC blockchain ‘Hello’ is geared tow...