White Lotus: Ergon-like ritual coin on eCash (feasibility + proposal) - #1
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White Lotus: Ergon-like ritual coin on eCash (feasibility + proposal)#1nghiacc wants to merge 10 commits into
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Documents why Mist v1 cannot produce energy-pegged elastic supply, why covenants cannot read host-chain difficulty, and the workable CashTokens + token-DAA proportional-mint path inspired by Ergon. Co-authored-by: nghiacc <nghiacc@gmail.com>
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Adds ALP burn suitability for temple/White Lotus offerings, clarifies TBP is accidental-burn protection (not needed on eCash), and corrects earlier CashTokens-on-eCash guidance (CashTokens are BCH-only). Co-authored-by: nghiacc <nghiacc@gmail.com>
Fixed supply contradicts Eastern memorial rebirth. Document mint-at- offering cycle with perpetual baton(s), cumulative-burn ledger, and ALP multi-baton options from the official ALP spec. Co-authored-by: nghiacc <nghiacc@gmail.com>
Documents Mist-style mint-baton covenant port to eCash ALP: MVP vs Ergon-like tiers, Agora liquidity path, risks, and staged ship plan. Co-authored-by: nghiacc <nghiacc@gmail.com>
Argue elastic PoW remint fits communal offering better than fixed-supply deflation, and clarify the energy/commons benefit claim. Co-authored-by: nghiacc <nghiacc@gmail.com>
Note Lotus Temple holder capture under log(D), place sqrt as a middle step, and recommend Ergon-like issuance for White Lotus. Co-authored-by: nghiacc <nghiacc@gmail.com>
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Recommend eCash ALP + PoW remint first; defer an L1 until ritual demand is proven. Includes phased delivery and issuance MVP→v2. Co-authored-by: nghiacc <nghiacc@gmail.com>
Replace leftover CashTokens wording in bottom line and chipnet steps. Co-authored-by: nghiacc <nghiacc@gmail.com>
Document that fixed D + fixed M with uncapped remints already yields coins/time ∝ hashrate; only Moore decay on wall-time is required— no token DAA or mint∝D. Avoid Mist 1-mint/block CLTV. Co-authored-by: nghiacc <nghiacc@gmail.com>
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Make N≥2 PoW mint batons first-class for true parallel issuance. Pin WLOTUS Moore decay to Ergon's post-fix daily factor 99918/100000 (~2.3y), not obsolete 99826/100000. Co-authored-by: nghiacc <nghiacc@gmail.com>
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Summary
White Lotus proposal: Ergon-like ritual ALP token on eCash.
Design (latest)
D+ remint frequency elasticity (nomint ∝ Drequired)N ≥ 2ALP mint batons as first-class design (true concurrent remints)99918/100000(~2.3y half-life) fromvalidation.cpp#L978— not obsolete99826Docs
docs/white-lotus-proposal.mddocs/alp-token-burn-on-ecash.mddocs/ergon-style-issuance-on-ecash.md