Manhattan Group (our blockchain project)

Immortality blockchain project is named Manhattan Group.

Currently, in development and not pre-release, a demonstrator is available on GitHub. It is a standard cryptocurrency and blockchain with smart contract functionality and some additional features.

  • We suggest doubling the block reward and transaction fee to fund moonshots, the miner is restricted to donate the extra block reward.
  • The block reward is the only way to make new coins, there is no hard limit on the amount of coins. As long as their are transactions to mine, new coins are minted.
  • Transactions per second, improving TPS performance.
  • Quantum proofing the cryptocurrency.
  • API's to leverage blockchain for specific applications, rather than smart contract for everything.
  • Adding scam proof and buyer protection features for easier adoption.

Immortality is an attempt to fund science by having a portion of the tokens for research and development, product development, in turn product sales re-supply the fund. The community does not like this, and they expect the entire coin supply to be on the market in an immutable way. The new blockchain solves these issues.

Language: C programming language. Python used for smart contracts.

Github (open source): https://github.com/Immortality-IMT/Manhattan-Project

The open source project is community developed. The design of the blockchain is also open to development.

Recently CoinMarketCap explored DeSci, decentralized science addresses the issues around science and its funding for the result of more funding for more research. Decentralized science seems to be a category, and many projects address aspects of decentralized science.

Consensus Algorithms

What are the current consensus algorithms.

  1. POW - Proof of work, resource intensive but profitable.
  2. POS - Proof of stake, preferred by many blockchains.
  3. Delegated Proof-of-Stake
  4. Leased Proof-Of-Stake
  5. Proof of Elapsed Time
  6. Practical Byzantine Fault Tolerance
  7. Simplified Byzantine Fault Tolerance
  8. Delegated Byzantine Fault Tolerance
  9. Directed Acyclic Graphs
  10. Proof-of-Activity
  11. Proof-of-Importance
  12. Proof-of-Capacity
  13. Proof-of-Burn
  14. Proof-of-Weight

We are choosing POW proof of work, as miners are seeking minable coins and they can choose to fund renewables with the extra block reward, we can aim for some of the best returns for POW miners. Two issues are quantum proof and transactions per second.

Transactions Per Second, Credit Card Speed

A layer one solution with transactions per second comparable to Visa and Mastercard. The speed and quantity of transactions close or better than on credit cards.

  1. VISA’s TPS = 1,700 but claims 24,000
  2. Mastercard = 5,000

https://phemex.com/blogs/what-is-transactions-per-second-tps

Quantum Resistant Ledger

Such is an example of quantum resistance ledger. https://github.com/theQRL/QRL

Scam Protection, Consumer Protections, Adoption

Scam proofing the blockchain and providing consumer protections might be valid. These scam proofing transactions, such as the PayPal buyer protection, which is a great model. Consumer protection clause, such as refunding customers when a product or service is not delivered or not as described. A product or service is rendered for an exchange of money. If the product or service is not rendered, then it is theft. If a product or service is rendered and payment is not made, then it is also theft. All transactions are of a free will. Forcing products and services onto people against their want or need is armed robbery. Forcing payment for no product or service is armed robbery. Proofs must be manufactured and forwarded in the transaction to correctly judge the case. If no proofs are supplied, the case is arbitrarily determined by the appointed mediator. The second is scam proofing services on the network, people and organizations making smart contracts, DEX's and CEX's and other services. These systems must have protections for consumer. All these protections are in code. Scammer and rife in crypto. An automated well-coded, evolving anti-scam system into the cryptocurrency is required. It could aid adoption. Adption could possibly be modelled on the credit card system, a real world merchant facility with a card or similar. The buyer has a swipe card loaded with cryptocurrency that they use to pay. Seller has a touch, swipe facility that accepts cryptocurrency for payment of goods and services. A person goes to a store and fills their cart with products, they go to the cashier and there is a swipe card machine that accepts crypto, their items are scanned, and they get the total, they swipe or touch their card and the payment is made. A QRcode is generated for the specific order, and the debit card automatically scans and pays that QRcode. The QRcode is not seen in the transaction. A protocol rather than a QRcode image may be an advance. The electrical power should it be required comes from the field at the merchant end. A pin could precede or no pin and instead a small app on a phone that kills the card should one lose it. The user could be told to only load as much crypto as they need. The application could be card specific and make the phone hardware also a payment card. There is no third-party required in the transaction.

Monero is considered anonymous, blockchains are generally anonymous enough and there is no real problem here as legally, there is no proof that an address is attached to a person, as long as the person denies it. Strategies like toring the transaction makes proof by location unprovable. Even transaction volume and marketcap information provides enough incentive to crack down on crypto. The blockchain has to be flexible to change against the new strategies used to control and kill crypto. However, scammers are rife on crypto, and it is not a valuable aspect of the system. Anti-scam features should be installed into the currency.

Preferring Layer 1

Manhattan Group is a layer 1 blockchain.

Metaverse

OpenSim and NextLife and been around since 2002 and as OpenSim is open source, we can use OpenSim to build a metaverse, if the idea survives, gets traction. Metaverse is about headset sales, so we must pay attention to headset technology and market.

Governance,

It is all achieved in code, there is no governance. Code development and direction is done via the Github system and collaborators that contribute to the development.

What about Immortality?

Immortality will continue and be fully supported and NOT be phased out. Both will be promoted alongside each other.

Similar projects

  1. Vulcan Coin - https://github.com/vulkancurrency/vulkan-core
  2. Mako - https://github.com/chjj/mako
  3. NoinCoin - https://github.com/dgski/blockchain-in-c
  4. Gridcoin - https://gridcoin.us/
  5. EOSIO - https://github.com/EOSIO/eos
  6. Quantum Resistant Ledger (QRL) - https://github.com/theQRL/QRL - Python-based blockchain ledger utilizing hash-based one-time merkle tree signature scheme (XMSS) instead of ECDSA. Proof-of-work block selection via the cryptonight algorithm.
  

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Welcome To Our Blockchain!
Manhattan Group
Simply named Manhattan Group, our blockchain is under development on Github. It's open source and programmed in C

Check it out