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Today we would like to present our proposed upgrades to the blockchain protocol for the next hard fork release, 0.17.

KISS, short for Keep It Simple, Stupid, is the guiding principle behind most of the proposals. Simplicity is important for any system looking to gain widespread support and consensus via user adoption. By making the system simpler we minimize the potential for failure, maximize the potential for optimization, build a stronger case for fairness, and can more effectively communicate the system’s value to new participants. With that said, if the system can work without a feature then we propose to remove it.

Encapsulation / Isolation of Key Consensus Components

A second theme in the proposed changes is encapsulation / isolation of functionality by minimizing informational and/or ordering dependencies between different components of the system. In principle all posting and voting is fully independent of the currency with the single exception

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