There Are Some Major Developments Coming Soon To HTMLCOIN

The On-exchange Swap Of Htmlcoins approaches rapidly; which is set for late September, or when 75% of all Htmlcoin currently in existence has been deposited. This swap will bring major updates to Htmlcoin code that will be described in details below. These updates will bring dramatic improvements to the blockchain’s functionality.

Firstly, I would like to bring attention to the “Real-Time Check-pointing” Feature Number 2. There have been numerous 51% attacks on blockchains in the past, and many were successful. Even Htmlcoin itself suffered a 51% attack last month, which, I believe, is part of the reason why Htmlcoin is currently trading at 1 Satoshi on some exchange market. Yes you read correctly, just 1 sat! With Real-time check-pointing, even if a mining cartel or otherwise nefarious actor mounts and attack on the blockchain, it's now resistant to such attacks being able to alter data already written to blocks in the chain’s history; A huge plus for security.

Next, let’s look at the new Features Number 1 and Number 3, this may be most interesting to miners. HTML will use the Neoscrypt mining algorithm, which is a refinement over the Scrypt mining algorithm, and offers a number of improvements over Scrypt. HTML will be readily GPU minable for a long time to come, and also, have a degree of ASIC resistance. The Enhanced Hash-Rate Compensation essentially reduces large changes to mining reward that could result from miners with a lot of hash power starting to mine, or stopping, which will make profit more consistent for the other miners. For the white paper on Neoscrypt see: http://phoenixcoin.org/archive/neoscrypt_v1.pdf

Features Number 4 and Number 5, are what have me most excited about these new HTMLCOIN features. Htmlcoin will integrate Ethereum Virtual Machine functionality making It a fully functioning Smart Contracting Platform! This opens up a nearly limitless amount of possibilities for HTMLCOIN in the future, from Distributed Applications, to integration within IOT devices, to Distributed Autonomous Organizations. When one considers that many Ethereum miners will look for new coins to mine after Ethereum switches to proof of stake, Htmlcoin starts to look like a good potential candidate.

Feature Number8 is also worthy of note, “Account Layer Abstraction.” This means that in the not too far off future, all the possibilities Smart Contracting Platforms offers could be accessible from the Bitcoin blockchain using the Htmlcoin blockchain as an intermediary. This is similar to what the Counterparty Blockchain does.

I hope this has helped you see just how big these updates at swap time during the end of September will be! And remember, If enough people deposit there coins to exchanges to reach the 75% threshold, It could be sooner!

Conclusion
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