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NeblioTeam / Neblio-Improvement-Proposals

Neblio Improvement Proposals
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[New NIP]: Tie "burn" & "furnace" key words to furnace address #18

Open IWantMoreDecred opened 2 years ago

IWantMoreDecred commented 2 years ago

Proposal Description

Here is a simple idea i think we should have implemented into all Neblio wallets.

I was thinking the other day about Unstoppable Domains giving us shortname addresses because i was wondering if we should have a NeblioBurn.crypto address that is directly tied to our furnace to shortname it for devs who wish to burn coins rapidly.. for whatever reason without having to look it up.. just type it in.

who knows what people's reasons are for burning.

but then i thought, why doesn't Neblio team just allow us to use the simple key words "burn" and "furnace" and it just automatically generates the address to fill it in for us.

So we just type in "burn" or "furnace" into the recipient area of our send, like in the image below and it just will just know how to send to the furnace.

If we ever get a treasury address we could also have the word "treasury" tied to that for those who wish to donate to it or code that key word into their dapp if they ever developed something that fed into either the furnace or treasury.

image

Since this is so simple an idea, i don't know that it need bother go to vote though.

Proposal Voting Details

5 day worth of blocks or no vote necessary

Other Information

n/a

nebliodev commented 2 years ago

This should technically be possible just by hardcoding the alias and its associated address in both Orion and Neblio Core. Personally, I'm unsure if this is needed since burning via the burn address is super rare, but opening up for discussion and feedback.

IWantMoreDecred commented 2 years ago

yeah it's rare now because not enough usage. but look at ethereum's burn address CONSTANTLY getting stuff sent to it now that there is so much activity. 0x000000000000000000000000000000000000dead

look how much stuff is in there.

probably their busiest address. hehe.

I think it could also be good as a handle for devs to use in their code as well. may make looking through code easier on the eyes if they have some kind of burn mechanism that's always sending there.

like I have this token on ethereum i'm invested in called Kishu. There is a smart contract that keeps track of any movement of Kishu. Each time it's traded or moved from one wallet to another it's hit by a 2% tax which is then distributed to ALL holders. The thing is.. their BIGGEST holder of this token is the burn address so it gets the biggest cut.. so it acts like a magnet, pulling kishu to the burn address.. getting bigger & bigger like a black hole. So the smart contract is always interacting with the burn address.

One day we could see crazy tokenomics on Neblio too. or just some dude who created too much of something & wants to quickly toss it away straight from their wallet.

it's not a super important thing. But just thought it could be useful & i wasn't sure how hard it was to code handles in.