Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: KieranG on January 20, 2020, 09:11:48 PM



Title: Introduction to Proof of Honesty from Geeq
Post by: KieranG on January 20, 2020, 09:11:48 PM
https://geeq.io/explainer-proof-of-honesty/

Thoughts?


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: CjMapope on January 20, 2020, 10:21:37 PM
Just words man,  i dont see any ACTUAL WORK?   wheres the code!   how is there like 20 people listed under team but not a SINGLE line of code i can see? : /
at the end of the day this is just ANOTHER cash grab, a buncha words and promises...
One Question: what makes this different from those Nigerian Prince scams?  They are promising you things and a great future if you ONLY give them money up front :D the idea is laughable
No thanks!  seen this 100x   ALSO:   They are doing private angel sales before hand it seems?   ask VBK IEO buyers how THAT goes....   (hint: not well)  





Title: Re: Introduction to Proof of Honesty from Geeq
Post by: shinratensei_ on January 20, 2020, 10:58:43 PM
https://geeq.io/explainer-proof-of-honesty/

Thoughts?
that's a crap consensus and what the fuck about the node can create their own rules and it can even ignore the rules that have already applied to the blockchain. What about when there was a node who refuse to create a connection from one to each other. This proof of honesty needs more research. The blockchain rules that were there caused by it will be a very important thing to create agreement between all of the nodes. Imagine when there was a blockchain that agreed to upgrade its client to the latest client but there were a lot of nodes who will be ignored it and then the blockchain itself will fail.


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: KieranG on January 23, 2020, 10:47:00 PM
Why on earth is it a crap consensus?

Have you read that fully as it explains pretty well how a user chooses which node to utilise based on the proof of the nodes honesty.

I would say that based on what we can garner from the pieces available so far, it sounds the most well thought out and logical offering so far.

Please elaborate on your points. I'm interested.


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: KieranG on January 23, 2020, 11:03:12 PM
Just words man,  i dont see any ACTUAL WORK?   wheres the code!   how is there like 20 people listed under team but not a SINGLE line of code i can see? : /
at the end of the day this is just ANOTHER cash grab, a buncha words and promises...
One Question: what makes this different from those Nigerian Prince scams?  They are promising you things and a great future if you ONLY give them money up front :D the idea is laughable
No thanks!  seen this 100x   ALSO:   They are doing private angel sales before hand it seems?   ask VBK IEO buyers how THAT goes....   (hint: not well)  





How many projects do you know have code available from the offset? There weren't many. ETH for one raised money long before it released anything.

Based on who seems interested and is following the project I would err the way of stating there is lots that keep it different from Nigerian Prince Scams ....

Join their telegram, have a read, ask questions and then, by all means, make an educated decision. Don't just write something off because you don't understand it.


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: Chubbybuddy on January 24, 2020, 10:49:00 AM
Just words man,  i dont see any ACTUAL WORK?   wheres the code!   how is there like 20 people listed under team but not a SINGLE line of code i can see? : /
at the end of the day this is just ANOTHER cash grab, a buncha words and promises...
One Question: what makes this different from those Nigerian Prince scams?  They are promising you things and a great future if you ONLY give them money up front :D the idea is laughable
No thanks!  seen this 100x   ALSO:   They are doing private angel sales before hand it seems?   ask VBK IEO buyers how THAT goes....   (hint: not well)  





I did have a deeper look at the project, and saying that the idea is laughable, is just... laughable. I assume you know the differences between PoS and PoW, PoH is a perfect fit as a protocol. A new developed protocol, hence why the code is not all over the internet... makes sense, right?! I'm sure the team doesn't want its precious code to be stolen by some degenerates and coming to you asking for money for their project. Now THAT would be a money grab. The team has the experience and the know how (when you look at their background), to take this project off the ground and make it a succesful startup. Also, which project doesn't do private sales before a launch? I assume you're afraid that these people will be dumping on investors... this isn't 2017 anymore where private sale buyers get 70% unlocked bonuses and what not. You should spend some more time learning about projects and the market instead of hanging around on forums.
Cheerio


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: AmoreJaz on January 24, 2020, 10:59:51 AM
one question though = is the use of your TM symbol legit by all means? legit means you have basis and supporting docs

https://i.imgur.com/CA9wNNP.png

https://i.imgur.com/NGxNYoG.png

this would imply that your trademark is registered and has a copyright already enforceable?  how honest is it to deceive people by implying that you have that already by publicly  showing this?

oh yea .  this is "proof of disHonesty" great idea by they way..... keep up the great work and please delete yourself from the world


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: BitDane on January 24, 2020, 01:17:10 PM
Quote
The unique design of PoH means that in order to reach a consensus (on whether or notthe transaction placed on the network is valid), the agents on the network don’t need to communicate agreement in order to successfully validate it.

This captures my interest.  Many will exploit this one.  This project had already failed before it even started.   Sounds like lots of scam and exploit will happen in this network.


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: KieranG on January 24, 2020, 08:22:47 PM
Quote
The unique design of PoH means that in order to reach a consensus (on whether or notthe transaction placed on the network is valid), the agents on the network don’t need to communicate agreement in order to successfully validate it.

This captures my interest.  Many will exploit this one.  This project had already failed before it even started.   Sounds like lots of scam and exploit will happen in this network.

How will anyone be able to exploit that?

You, as a user, have to choose what node/agent on the network to use by querying it yourself. Whatever other communications occur makes no difference.


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: KieranG on January 24, 2020, 08:41:23 PM
one question though = is the use of your TM symbol legit by all means? legit means you have basis and supporting docs

https://i.imgur.com/CA9wNNP.png

https://i.imgur.com/NGxNYoG.png

this would imply that your trademark is registered and has a copyright already enforceable?  how honest is it to deceive people by implying that you have that already by publicly  showing this?

oh yea .  this is "proof of disHonesty" great idea by they way..... keep up the great work and please delete yourself from the world

Trademark can be used as soon as you file for the registration...

https://prnt.sc/qsh27m

They filed for it back in 2018 ...

So your Dishonesty claim is honesty.....


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: AmoreJaz on January 24, 2020, 11:18:21 PM
one question though = is the use of your TM symbol legit by all means? legit means you have basis and supporting docs

https://i.imgur.com/CA9wNNP.png

https://i.imgur.com/NGxNYoG.png

this would imply that your trademark is registered and has a copyright already enforceable?  how honest is it to deceive people by implying that you have that already by publicly  showing this?

oh yea .  this is "proof of disHonesty" great idea by they way..... keep up the great work and please delete yourself from the world

Trademark can be used as soon as you file for the registration...

https://prnt.sc/qsh27m

They filed for it back in 2018 ...

So your Dishonesty claim is honesty.....

guess what ive found on their registration ==

http://tsdr.uspto.gov/#caseNumber=88041441&caseType=SERIAL_NO&searchType=statusSearch

https://i.imgur.com/C8mMW5G.png

https://i.imgur.com/2BtHXZH.png

you can check why they have the suspension notice. the team should rectify this issue or their geeq reg will be abandoned as stated
no more using TM symbol in that case.


Title: Re: Introduction to Proof of Honesty from Geeq
Post by: investgarant on July 28, 2020, 10:32:07 PM
The Geeq TGE will take place on Thursday 6th August Starting at 12:00 PM UTC. GEEQ will also be available on Uniswap once the TGE is completed.
https://geeq.io/geeq-token-generation-event