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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: digitalindustry on August 06, 2014, 07:10:05 AM



Title: Crypto innovations - The Communist Bloc 50,000 QRK - Update bounty.
Post by: digitalindustry on August 06, 2014, 07:10:05 AM
Crypto innovation - The Communist Bloc ( C Bloc )

By Kolin Evans

: D

------------------------------------------------------------- C - Bloc Bounty Address------------------------------------------------------------------

Qe7MzK3M3Tsv4kZ6H1ii7obz9CpzhjMsFZ

------------------------------------------------------------- C - Bloc Bounty Address------------------------------------------------------------------

Will be 50,000 Qrk in there soon and adding...
if you have an interest in Quark and think this is a great innovation please contribute..
updated Address - this will be the perm address - also upped to 30,000 +
http://qrk.blockr.io/address/info/Qe7MzK3M3Tsv4kZ6H1ii7obz9CpzhjMsFZ




-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Just a quick foreword and a thanks to the "captains of online influence" for trolling Quark to try to introduce "superblocks"; without you we wouldn't have been able to come up with these two key "revolutionary" innovations.

how ironic that you are hired to troll "Internet opinion" because you can't find a job and have no self worth, yet are taking bits of paper that help your own enslavement and non self worth (which causes to a large degree non meaningful work)  , think about it?  

-----------------------------------




The Communist Bloc - ( C Bloc )

https://i.imgur.com/1uOwJgV.png?1

Overview for any interested coder -

This is a principal that is similar to just two users sending each other a transaction and including voluntary fees in it, except in the c - bloc we are proposing to either "delay" that fee being entered into a block for a period (of 30 day) and then have it entered in in a random way.

these may not be simple things to do, they may however be simple things to do?

as i'm not a coder, I do not know, please don't take the outline below as gospel, i'm not proposing that it be done "just that way" i'm giving an outline of an objective, thinking outside the Red box is welcome.




Intro



Basically the Communist block is a simple innovation in principal and should be fairly simple in execution

Statement is mine;  all quality Crypto have a small "EQ reward" (or inflation) this crypto revolution;

⦁   secures the network.
⦁   denies effective monopoly;
⦁   replaces lost or stolen supply.
⦁   allows for population growth.
⦁   keeps transactions effectively fee free.



Quite an innovation.

However in some cases the perception is that there is not enough network hash rate in this small inflation (EQ) to protect the network from some sort of attempt at an attack weather it be by government (foriegn or domestic)  or government owners in most cases Banks (and their agents.) or indeed just some bored idiot with too many cpus farms or an FPGA project.

Here is where the first innovation called  "The Communist Bloc" comes in as an optional engaging fun incentive for users its achievements/objectives :

⦁   encourage full node use helping the network (more in Rainbow return about this.)
⦁   lift hash rate.
⦁   engages users in a fun social system.
⦁   helps further distribute the network.
(optional) shills communism for our glorious central planners and our banking overloads.
 

The Communist Bloc Design Mechanics :


Visualization

https://i.imgur.com/pL0n8mm.png?1


The communist Bloc is very similar to users just adding optional fees into transactions , except it has key differences.

The idea is to pool donations right from the client for a fixed period (30 days)

Then in the following (30 Days) have this pool randomly distributed into blocs at random times in 3 sections, i will explain ...

First lets see all the components and explain each:

https://i.imgur.com/n0hIsuc.png?1


A - This is the C Bloc label for the tab and opens the C bloc tab that you see visualized here.

B - This is the C Bloc total this is the amount that was frozen after the previous 30 day period, this total is derived totally from donations. (see section G) this number will be divided by 3 and distributed in 3 random blocs.

C - Now the total (section B 11,245) is divided into 3rds and distributed out in three  (10) ten days periods, so period 0 to 10 then; period 10 to 20 then; period 20 to 30, and for convenience is represented as 3 blocs, so the label shows 3 of 3 (we are in the 20 to 30 day period the third block is set to be distributed ) and the number 3748.33 shown to the right is just the total 11,245 divided by 3 - so  11.245 / 3 = 3748.33.

D - This just shows what day period we are in of the 30 day period that is split into three 10 day  periods  (so form section C) so :

Bloc 1 of 3  would be Days 0 to 10
Bloc 2 of 3  would be Days 10 to 20
Bloc 3 of 3  would be Days 20 to 30  ( displayed in image)

the image section D show we are in day 23 of the 20 to 30 day period ( which is Bloc 3 of 3 )  ( and the last Bloc to be distributed )

E - This is just the section that would theoretically show the current difficulty and hash rate - possibly as a graph , but hopefully at least as a number figure -

F - This is the C Bloc Donations button this should open an address to which any client user can donate to the C bloc

G - This is the current running total of donations, after the 30 day period, this number is frozen and moved up to the (G section) then it is reset to zero pending any new donations. if no donations are given this number will be zero, C Bloc is non inflationary the random bloc that miners can get comes directly from this donation section.  





Lets step though how it works


1.  A user looks at the diff (on the tab or image) and he perceives it to be low.

2.  he/she decides to contribute to the C Bloc.

3. the user clicks the C bloc Donation button and it opens a field to donate an amount of Quark to the C Bloc.

4. This running total is tracked just to the right of the button ( also it tells the user how long in days etc until this total is distributed )  (there is also a total being distributed right now which is displayed in "total donations"

5. After 30 days is up the total that the user and others donated moves from the Section G  (near the donation button) to Section  B to be distributed.

Why the 3 Sections?

Bloc 1 of 3
Bloc 2 of 3
Bloc 3 of 3

simply because if the total was distributed on say a random day but it landed on day 2 of 30  that leaves 28 days in which there is a certainty of being not large random reward, thus no incentive to try to mine the random larger bloc.

by splitting the 30 day up into 3 (10 day) periods and splitting the total up, there is more net incentive for miners to be more consistent.



-----

The trademark Red Cube; or Red Square:

https://i.imgur.com/UZnYf7y.png?1

I invented this as satire, but it is a real serious innovation; miners are doing work, people are contributing to help the network, the system is more like a free market charity and something that Ron Paul would advocate - (if he understood crytpo) i'm not going to trademark this innovation as I'm lazy and don't care about trademarks but if you want to honor it include a  Red cube or red square somewhere (or don't)


---


---


 

---------more to come -----------------------will start to add possible technical to this -----

next

Rainbow return -

https://i.imgur.com/n4I6haI.jpg?1

--update  holding off on Rainbow return - as its more complex and there is more direct benefit to C- Bloc


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return -
Post by: digitalindustry on August 06, 2014, 07:47:39 AM
reserved for shilling.


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return -
Post by: digitalindustry on August 06, 2014, 11:29:27 AM
fyi - i know there is no innovation on this forum that died a long time ago - i'm posting here so i could add the cool cube image as i can't add that to Reddit.

also rather keep technical matter off my blog - but i will be raising a bounty of sweet sweet bananas if anyone wants to try to give this a shot !


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 07, 2014, 06:48:34 AM
a Dev has shown some interest ! ; D


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: niothor on August 07, 2014, 08:07:30 AM
If the first reward is granted on day 2 of the 1-10 period (for example) and the next one is designed to be released in between 10-20 of the month all the miners will switch off their rigs and wait for the next period to start mining again.

To avoid this you wold have to forget about fixed periods so that the next period in which a commie block is given starts right after the first is found.


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 07, 2014, 10:25:24 AM
If the first reward is granted on day 2 of the 1-10 period (for example) and the next one is designed to be released in between 10-20 of the month all the miners will switch off their rigs and wait for the next period to start mining again.

To avoid this you wold have to forget about fixed periods so that the next period in which a commie block is given starts right after the first is found.

that's a great idea and i thought about that -

problem is then that just creates another gap so for example if its day 4 and its been rewarded, are you suggesting that the 2nd reward can now occur straight away ?

well if it happens to occur on say day 5 now we have 2 /3rds given in 5 days - which really gives an incentive for miners to walk away -

the social science of the 3 in 10 day blocks i thought was better.

We have to step outside the box - not all miners are created equal.

mining psychology

A - some miners are just agnostic, these are "profit miners" they see electricity; return break even profit , that's great that exists and we applaud that.

B - however some miners believe in the product, so this is more in keeping with grass roots "bootstrap" idea, don't get me wrong this is not fairy land , they have a profit in mind , but its not a short term "back to paper" profit.

So you see Miner A has less belief in "cryptocurrency" and See's mining as a way to get paper (fiat)  ( completely rational )

Miner B is more invested in the idea of Crypto and is utilizing the tools immediately at his/her disposal for an investment in the future.

so for example the C - Bloc may certainly not provide enough incentive for group A but could for group B, group A can certainty participate and the extra hash will not be a problem, but its more likely that group B will participate more consistently.

again this isn't "hope and change" this is " the price in paper (fiat) is not enticing enough" for group A.

now the second part of the story ( which you would be well aware of )  

a group of "actors" trying to exploit it - i.e turn miners on to get the reward to dump it, they are welcome to do that also, all things being equal they use PoW to do that , that's fine they had a cost it was returned in hash to the network, we thank them. if that occurs constantly we would review the process, and this just then leads to more improvement:

and so goes Crypto currency evolution.  
 


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 07, 2014, 12:30:22 PM
If the first reward is granted on day 2 of the 1-10 period (for example) and the next one is designed to be released in between 10-20 of the month all the miners will switch off their rigs and wait for the next period to start mining again.

To avoid this you wold have to forget about fixed periods so that the next period in which a commie block is given starts right after the first is found.

further thinking on this  - i wonder if a scaled random ratio is possible?  (probably much harder to code )

But for example lets zoom into one 10 day period :
and have say probability weight from (10 to 100)

day 1  - Probability score to issue  (10 weight)

and so on .......

day 10  - Probability score to issue  (100 weight)

so you see the likely hood of it being issued is shifted to later in the set of 10 days that's not to say it Can't happen- but its just more likely at the end of the set.

this means profit miners and (attack miners) have a chance of missing it - its not a sure thing, but its there.

So from probability game theory set

People that just run a miner on the whole set 10 days have 100% entry in a chance.

People that only mine on day 9 and 10  ( where they believe the weight is strongest) still risk a complete miss. (as its all or nothing) (for that set)

so for them they have to decide now to mine say from day 5 - but if the weight is pushed its rare but can happen that its issue on day 1 (complete miss)

so its probability weight inside a random issuance. - sometimes that thing will fall on day 1- 5 but its more likely on 5 - 10 .

: D

you like?


--------

also alternatively the Communist answer would be:

We will make it on day 7 and we will issue a 1 million block that goes to my friend Steve. (he's open market accredited ) (so its all legal) .

( the Communist block explorer won't show any of this)  (its just like Wall St) ; D



Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: coinerer on August 08, 2014, 03:01:38 AM
If the first reward is granted on day 2 of the 1-10 period (for example) and the next one is designed to be released in between 10-20 of the month all the miners will switch off their rigs and wait for the next period to start mining again.

To avoid this you wold have to forget about fixed periods so that the next period in which a commie block is given starts right after the first is found.


Do you know coin with true random time (not hardcoded block number in source code) for reward block?



Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: coinerer on August 08, 2014, 03:33:53 AM

It seems idea is Oligarch Bloc, not Communist Bloc :) Bloc will go to the oligarch.

Maybe it should be called Post Communism Bloc, or Early Capitalist Bloc.

Whole process should be titled as Reverse or Inverse Revolution :) or Anti Robin Hood Battle(s) :) Of course without stealing coins because of the free will for donations.



Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 08, 2014, 08:38:33 AM

It seems idea is Oligarch Bloc, not Communist Bloc :) Bloc will go to the oligarch.

Maybe it should be called Post Communism Bloc, or Early Capitalist Bloc.

Whole process should be titled as Reverse or Inverse Revolution :) or Anti Robin Hood Battle(s) :) Of course without stealing coins because of the free will for donations.



agreed its satire -

the random nature of the issuance could be sourced from the total - so for example no one could know what the total will be at the end of the 30 days .

for example in theory just seconds before freeze anyone could send a single Quark and change the total -

then it could find a Random issuance from that - the thirds could be determined  probably a job for a coder.


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: coinerer on August 09, 2014, 02:17:57 AM

I thought randomness inside time interval [0,10], [10,20], ...   not randomness of volume, amount of donated coins. Is there some solution for true time random blocks coded in other coins  (not hardcoded for block numbers including % operator)?



Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: anderl on August 09, 2014, 02:21:18 AM
http://images.sodahead.com/polls/003445647/33f3bf786d867d048acd7364d11f03e4_answer_1_xlarge.jpeg


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 09, 2014, 06:44:46 AM

Our Banking overloads need to hire his Marketing company - they aren't getting the traction they use to.


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 09, 2014, 06:46:13 AM

I thought randomness inside time interval [0,10], [10,20], ...   not randomness of volume, amount of donated coins. Is there some solution for true time random blocks coded in other coins  (not hardcoded for block numbers including % operator)?



yes i believe there is - i believe it was included in some cryptos spammed out here, will have to look at it.


Title: Re: Crypto innovations - The Communist Bloc & Rainbow Return - Bounty coming!
Post by: digitalindustry on August 14, 2014, 01:17:05 PM
------------------------------------------------------------- C - Bloc Bounty Address------------------------------------------------------------------

Qe7MzK3M3Tsv4kZ6H1ii7obz9CpzhjMsFZ

------------------------------------------------------------- C - Bloc Bounty Address------------------------------------------------------------------


Title: Re: Crypto innovations - The Communist Bloc 30,000QRK - Bounty added.
Post by: digitalindustry on August 14, 2014, 02:05:32 PM
up to 30k new address which will be the bounty address -


Title: Re: Crypto innovations - The Communist Bloc 30,000QRK - Bounty added.
Post by: Spoetnik on August 14, 2014, 04:50:37 PM
I don't know if i am awake yet for this topic of yours but you seem to be an exceptionally clever and smart guy
so i wanna bump this for others to evaluate and maybe one of the responders can dummy it down for me lol


Title: Re: Crypto innovations - The Communist Bloc 30,000QRK - Bounty added.
Post by: digitalindustry on August 14, 2014, 07:15:42 PM
I don't know if i am awake yet for this topic of yours but you seem to be an exceptionally clever and smart guy
so i wanna bump this for others to evaluate and maybe one of the responders can dummy it down for me lol

thanks, adding QT images for better visualization.  (might help? )


Title: Re: Crypto innovations - The Communist Bloc 30,000QRK - Bounty added.
Post by: digitalindustry on August 16, 2014, 06:17:58 PM
Had a second dev have a look at this - will update with clearer info soon ..


Title: Re: Crypto innovations - The Communist Bloc 50,000 QRK - Update bounty.
Post by: digitalindustry on August 19, 2014, 02:35:21 PM
updated the bounty to 50,000 k -

thats a lot of bananas !  (depending on where you buy bananas) ( i mean i'm sure Greenland has some sort of logistic overhead.)


Title: Re: Crypto innovations - The Communist Bloc 50,000 QRK - Update bounty.
Post by: digitalindustry on August 19, 2014, 02:42:43 PM
added a Overview for  a coder...



*
HAIL our glorious Banking leaders !

We are at awe with your ingenious Central planning !

HAIL !