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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: March 02, 2020, 07:14:41 AM
What’s the PoC2+? there is little information about it.

PoC2+ is a new consensus protocol. The new standard reshapes the most critical Plotting process in PoC, repairs the technical loopholes in the original standard, and ensures that PoC consensus can achieve higher security. By mathematically clarifies the ownership of the plot file, the new standard has for the first time achieved a rigid attribution for the PoC capacity power and established the foundation in the consensus level for long term development of the whole PoC ecosystem.
42  Alternate cryptocurrencies / Mining (Altcoins) / Have You Ever Heard of PoC(Proof-Of-Capacity) Consensus Algorithm on: February 28, 2020, 10:16:58 AM
Currently there are a lot of people talking about PoW and PoS, yeah they are mainstream consensus around the market.  Have you ever heard of PoC,the Proof-Of-Capacity Consensus Algorithm? Now I will give you a brief introduction about itself and it's huge potential in the future

PoC (Proof of Capacity) is a consensus algorithm with multiple superior characteristics and huge application potential. As an important branch of today’s existing consensus mechanisms, PoC is still undiscovered and underrated by the market. A truly fair, open and meaningful project was needed to convey the decentralized concept of PoC to the world, so we launched Lava.

PoC has better decentralization characteristics than PoW, while ensuring the same level of security and openness. PoC is based on storage device mining while miners compete for block forging by providing larger storage capacity to ensure network security. Compared with PoW’s hash computing devices, PoC’s storage devices consume only a small fraction of electric power. Thus PoC is cleaner and easier to help consensus achieve wider geographical distribution. In addition, storage devices, as the most general and universal hardware of global IT infrastructure, leaves no space for “ASIC-lization” and monopolization by any individual or organization. PoC is a totally permissionless, open and fair network where “capacity power” could join or withdraw anytime, anywhere and threshold-free.

Considering the versatility and universal usage of storage devices, PoC is a consensus mechanism that has the potential to achieve the highest degree of decentralization in the future. We also believe that the market size of specific hardware equipment, can to some extent imply the upper limit of the consensus ecosystem that mines with the equipment. From the perspective of hardware industry market data, mechanical hard disks(HDD) alone has a scale of 20–25 billion US Dollars and 300 million units of annual shipment. Compared with the scale of 10–15 billion US dollars and 50 million units of annual shipments of external GPUs, we can draw the conclusion that the storage equipment market has all the capability to cultivate an ecosystem of PoC mining no less than GPU mining in size.

In fact, Lava’s birth benefited from PoW miners’ recognition and support of the PoC consensus. China is a top bitcoin producer in the globe and has formed a super-large scale mining industry. However, the high energy consumption and geographical centralization of PoW have disrupted the local energy markets and the construction of energy infrastructure to some extent. This issue is not limited to China. A large number of PoW miners are looking for another alternative that can replace PoW or at least complementarity. PoC is the best solution at present.

PoC still has the momentum to maintain rapid growth, and the total capacity computing power will still increase significantly. Since there is no “substitution effect” between PoC and other existing consensus mechanisms, it is expected that once the PoC ecosystem explodes, the market can easily accommodate 1 Top10 and 2 ~ 3 Top30 PoC projects. In fact, Lava has grown from zero to the second-largest PoC project concerning capacity power within half a year of operation. Lava accounts for about one-third of the total PoC capacity power at present and is steadily marching towards the real leadership of the PoC consensus.

The features of PoC determine that it has strong similarity and complementarity with PoW. Considering that storage devices have a very high degree of versatility and universal usage as IT infrastructure, we believe that PoC can form a market value of the same order of magnitude as PoW in the medium and long term.

What're your opinions about PoC? Tell us below Tongue

43  Alternate cryptocurrencies / Announcements (Altcoins) / Which Project is the Most Prosperous One in Proof-Of-Capacity Ecosystem? on: February 28, 2020, 09:58:18 AM
My answer is Lava, all of the following are my reasons:

Lava is neither the first nor the only PoC project. Lava refers to the technical details in the consensus level from the PoC ancestor Burstcoin and combines with the codebase of Bitcoin to achieve absolute reliability from the bottom layer of the blockchain. Lava is the first PoC project to implement a completely open-source code after Burstcoin. During the project startup phase, Lava did not conduct any form of ICO and public fundraising activities; the founding team retained 7% of the total supply of tokens and this was allocated in the genesis block.

Regarding the consensus mechanism, although Lava has referred to the technical details of Burstcoin, we have always maintained in-depth exploration and research on PoC consensus. At present, Lava has not only accumulated a large number of unique technical achievements but also began to try to lead industry standards and propose new concepts. Recently, Lava has launched a key PoC2+ consensus protocol upgrade. The new standard reshapes the most critical Plotting process in PoC, repairs the technical loopholes in the original standard, and ensures that PoC consensus can achieve higher security. By mathematically clarifies the ownership of the plot file, the new standard has for the first time achieved a rigid attribution for the PoC capacity power and established the foundation in the consensus level for long term development of the whole PoC ecosystem.

Lava is expanding the application of PoC consensus in the financial field to realize the connection between PoC consensus and the real world. At present, we have reached preliminary strategic cooperation with one investment bank holding STO license, and plan to issue a number of securitization tokens based on real-world assets (real estate, etc.) on Lava mainnet in 2020. We have adopted the technical architecture of Confidential Asset, and used threshold signatures and ring signatures to verify UTXO. Under the premise of ensuring verifiability and traceability, we can hide asset information in transaction data. This technical solution will also be implemented in the first half of 2020.

At the same time, Lava is also actively exploring applications in the storage and data fields, such as supporting centralized storage applications and PoC3 (a Plotting scheme based on effective storage content). Just as PoW mining has promoted the development of the large-scale integrated circuit industry, Lava’s PoC mining ecology is also trying to promote the iteration of storage algorithms and the application will have meaningful social value.

Lava is a decentralized digital infrastructure based on PoC consensus, positioning itself as “the Root-of-Trust from Global Storage”. Lava is now open-source and available on GitHub:https://github.com/lavaio/lava
Learn more about Lava from the official website: https://www.lavatech.org


Feel free to comment below and tell us the exact one in your mind Roll Eyes

44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: December 12, 2019, 06:50:20 AM
Lava is a digital and cryptographic infrastructure based on Proof-of-Capacity (PoC). Also, it embodies Root-of-Trust and Top-level Indexing mechanism for the global storage space.

Lava capacity binding airdrop activity:

Lava community and Foxypool jointly organized Lava airdrop event. Join Lava Discord community and get 20 LVs.

rule of activity:
1 Click this link to join Lava Discord community:https://discord.gg/uzxqe3P
2 Download Lava wallet and generate Lava Mainnet Plotid
3 Contact the Lava Discord Community Administrator to provide the mainnet PID and address.

Lava official will send 20 lava to the certified account within 5 working days
Activity time: December 5th - December 19th

Lava community
2019-12-5
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: December 12, 2019, 06:32:01 AM
Discord  capacity binding bonus

1. Invite friends to lava discord group during the event get 5 Lava.
2. Send invitation screenshot to administrator.
3. At the end of the event, the top 5 invited users will receive an additional 50 Lava.
4. Lava official will send lava to the certified account within 5 working days  after the event.
Click this link to join Lava Discord community:https://discord.gg/uzxqe3P

Activity time: December 12-December 19

Lava Community
2019-12-12
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: December 09, 2019, 02:01:24 AM
Lava Bounty Program

Overview

Lava recognizes the importance of an open source eco-system as a blockchain project. We encourage an open source, high-performance plotter via our bounty program described on this page.
Please also notice:
•The Lava Foundation will provide financial support for this bounty program, and will regularly publicize the progress to the community.
•The Lava Foundation will conduct rigorous review and testing of the software. Do not intentionally or maliciously harm the user’s interests through the software code, including DoS attacks, intentional algorithm vulnerabilities, and backdoor settings.
•Please carefully learn about the technical requirements for the target software. Do not submit existing open source code or code that is significantly weaker than an existing open source software version.
•Please refer to the latest information from Lava’s open source code repository github.com/lavaio on GitHub.

Bounty Program
A: Ideal Solution
•The provider of an ideal solution will be rewarded with up to 1BTC+100000LV.
•Supports multi-plotting of up to 20 tasks under 1GiB/s nonce calculation speed.
•Supports user-friendly GUI software interfaces.
•High stability, robustness and fault-tolerance.
B: Minimun Solution
•If the ideal solution cannot be satisfied, the rewarder will provide 0.5BTC + 50000LV for the solution that meets the minimum requirements.
•Supports multi-plotting.
•GUI software interfaces that supports basic user requirements.

Contacts
•Please refer to the latest information from Lava’s open source code repository github.com/lavaio on GitHub.
•Contact our developer on GitHub:
@kbroflovski21
@EasonZhao
@HarvestStars
•Contact Lava official accounts or volunteers from social platforms:
Telegram: https://t.me/lavatech
WeChat: Lava_Community
Twitter: @LavaConsortium
Updates
[2019–12–05]: Launches Bounty Program.
Contributor
______
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: December 06, 2019, 02:22:02 AM
Lava capacity binding airdrop activity:

Lava community and Foxypool jointly organized Lava airdrop event. Join Lava Discord community and get 20 LVs.

rule of activity:
1 Click this link to join Lava Discord community:https://discord.gg/uzxqe3P
2 Download Lava wallet and generate Lava Mainnet Plotid
3 Contact the Lava Discord Community Administrator to provide the mainnet PID and address.

Lava official will send 20 lava to the certified account within 5 working days
Activity time: December 5th - December 19th

Lava community
2019-12-5
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: November 29, 2019, 08:43:28 AM
Quarterly Inventory & Review by Lava China

Quarterly Development Report by Lava China Tech Team:

8.28    Launched the mainnet and released the full node wallet (Stable Version 0.3.1).
9.1     Released the LightWallet (Version 1.0.5).
9.7     Released the full node wallet (Stable Version 0.3.2) and fixed the double spending of Genesis Block.
9.15    Joined to 168pool and B3pool and provided technical support for them.
9.25    Launched Lava Android Wallet (Version 1.0.5) officially.
9.27    Developed the Scavenger mining software.
9.30    Submitted Scavenger code to Github.
10.9    Launched Gui Wallet V0.1.
10.16   Opened source officially and published specific rules for LVIP.
10.16   Released the full node wallet (Stable Version 0.3.3) and developed new functions by:
1. Adding a 15000-height Checkpoint to prevent computing power attacks;
2. Modifying the submitnonce interface to support wallet mining in an encrypted state.
10.18   Provided technologies for Zettapool and Onepool and assisted the launch of mining pools.
10.22   Proposed the concept of “Cold Firestone” and submitted it to LVIP0002.
10.30   Completed the design of the Cold Firestone structure, realized the functions of the Cold Firestone, and passed the internal test on the test network.
11.1    Joined to mining pools abroad, such as Foxypool.
11.5    Finished a design draft (LVIP0003) for cross-chain Atomic Switch.
11.10   Passed the internal review of the cross-chain (BTC to Lava) Atomic Switch implementation plan.
11.22   Finished the cross-chain Atomic Switch code and prepared for internal test.

Quarterly Report by Lava China Community:

1. Community building: The number of community users has exceeded 7,000 in 12 weeks since the launch of the mainnet.
2. Network capacity: As of now, the computing power of the network has exceeded 700p.
3. Mining pool ecology: Several mining pools both at home and abroad have officially launched Lava to jointly promote Lava's ecology development.
4. Support policies from Foundation: In order to fuel the development of Lava's decentralized consensus, the Lava Foundation authorized the Lava China Community to provide LV lending services to mining pools, so that those new mining pools can obtain the initial funds for the purchase of Firestone, thereby lowering the threshold of joining Lava mining ecology.
5. Community token airdrop: By this far, 500,000 LVs have been distributed to the community as rewards, including testnet airdrop rewards, community activity rewards, and volunteer rewards.
6. Lava peripheral support: The Lava China Community has distributed a total of 367 peripheral products to community users and media of strategic cooperation.
7. Foundation address announcement: The Lava Foundation has announced its address, and members of the Lava Community can check the address through Lava Block Explorer.
8. Overseas market development: A preliminary cooperation consensus has been established with overseas mining pools, overseas online forums, overseas media, and overseas communities.
9. Media influence: A long-term strategic cooperation has been reached with a number of mediums. So far, 297 technical essays have been posted with more than 1.58 million views.
10. Lava announcing Plotter Bounty plan: Lava officially announced the details of the Plotter Bounty plan. The Lava Foundation decided to offer a reward of 1BTC and 50,000 LVs to activate all PoC ecosystem participants to develop new P-disk software. New P-disk software approved by the Lava tech team will be open-sourced for free for PoC developers to have deep exploration and learning, thereby promoting the development of the PoC ecology.
11. Strategic cooperation with WUJILIAN Tech: On August 25th, 2019, Lava announced that it has officially reached a strategic cooperation with WUJILIAN Technology, a blockchain hardware equipment supplier and also a company dedicated in both constructing and escrowing mining fields. Lava will receive hundreds and thousands of investments from WUJILIAN Tech, who is very optimistic about the prospects of the PoC ecology. Also, WUJILIAN decides to promote the transformation of the mining machine and mining service business from the pure PoW model to a “PoW + PoC” dual track and make use of its own resource advantages in the field of mining and data energy services to vigorously promote its business layout in the PoC field by focusing on supporting the development of such high-quality PoC and storage projects as Lava.
12. Lava project rewarding attackers targeting loopholes in testnet with Bitcoin: According to official news, a “future timestamp” attack had occurred during the internal test on Lava testnet. Attackers could gain the computing power advantage by modifying the system timestamp. At present, the problem has been well fixed, and the Lava project team decided to reward attackers with 1BTC reward.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: November 27, 2019, 02:56:58 AM
Lava Chinese community online interview

In this period, we will interview the developer of the Lava core development team, Uncle ZHONGBENYING, on some related issues the community is now very concerned about.
Q:What about your team’s recent development progress?
A:
Currently, the Lava technical team is focusing on developing two projects. One is the Cold Firestone we mentioned before. By this far, an alpha version has been fully developed and used in conjunction with mining pools. Yet since the Cold Firestone is complementary to the rest elements of the entire Lava development blueprint, using the Cold Firestone before the development of other elements are completed will unavoidably bring about some flaws in the business (we will talk about this later). Meanwhile, however, the development of the Cold Firestone is the most fundamental part of the entire development blueprint. That’s why the Lava technical team eventually decided to give priority to the development of the Cold Firestone in the whole process.
The second is the Symmetric Cross-chain Atomic Switch which has not been talked about before (the official name has not been decided yet). I guess you might think this is a very obscure name. In fact, the Symmetric Cross-chain Atomic Switch functions in a very simple way, that is, to achieve decentralized and trustless Bitcoin and Lava cross-chain transactions. Imagine how convenient and exciting it will be when Alice holding BTC immediately completes a transaction with Bob holding LV through our switch without any intermediary or the need to recharge BTC, purchase LV, and take LV through exchanges, which otherwise will require a huge sum of transaction fee and trouble users with the worry of exchanges being stolen.
At present, the Lava technical team has completed the technical verification of the Switch and is gradually advancing subsequent development and tests. I believe that in the near future, we will be introducing the design and use of the switch to the community in great detail.

Q: What is the Cold Firestone, can you tell us about its origin?
A:
As we said in our previous live broadcast that the Cold Firestone is the key to our entire development blueprint. Also, it complements other elements. Then how should we understand the Cold Firestone? We shall start with explaining the reason why it was needed, which involves two known defects of the current Firestone.
The first is about private key being leaked. I believe everyone has found out that if you want to use Firestones in finding a block, you have to deposit your private key in the full nodes of the block. However, for those average users, the full nodes are exposed to a network that is not that secure, where you cannot create a firewall to protect your own host like when you are dealing with Firecoins. Some users of huge computing power consumption may put their nodes on the Alibaba Cloud, which in fact is just relatively safer than their own PCs. Even if your storing platform is as strongly credible as the Alibaba Cloud, there is still a possibility of your coins being hacked. There is a man in the community who suffered a painful loss of 50,000 LVs when forgetting to exit the program after logging in the Alibaba Cloud.
The second is the issue of trust crisis. I don’t know if you have seen that the purchase of Firestones has actually developed into two modes. One is that miners buy Firestones for their own, and the other is that token holders buy Firestones for miners and they privately make agreements on dividing the gains of finding blocks (in fact, it is like renting Firestones to the miners). Though both these two modes are actually what we hope to see, the technical team still has some concerns about the latter.
Technically speaking, a token holder buying Firestones for a miner is the same as the token holder buying Firestones for an address that does not belong to him/her. This will cause a problem, that is, mortgage funds will nevertheless be released by the very address regardless of whether Firestones have been actually used for finding blocks or just expired. The decision is never in the token holder’s hands. This also means that the token holder has no choice but to trust the miner address, or in other words, he/she has to face trust risks. We can’t ignore the existence of such risks because we haven’t seen terrible things happening. We need to be clear in our mind that there is no unbroken bottom line in the blockchain world, which may imply that sometimes our loss cannot be covered by our gains.

Q: Can we understand that the Cold Firestone is actually providing us with a safer and more decentralized Firestone lending mechanism?
A:
You may say so. Given the security and trust related issues that we previously described, the Lava team felt it necessary to provide a safer choice for our community users, and that’s how the Cold Firestone came into being.
In using Cold Firestones, you do not need to have your private key stored in block nodes, and it is not necessary to directly purchase Firestones for users of great computing power consumption. Users can directly purchase Firestones to their own addresses and process Firestones into Cold ones by using some new functions (this step only requires the user’s own private key, so it can be operated in an offline environment). The data packet serialized by the Cold Firestones can be transmitted to the users of great computing power consumption (the transmission process can even be through WeChat, mail, etc.). Then users load the packet into their own block nodes based on their received Cold Firestone data and wait for the block generation and the Cold Firestone CRIT. We can see from the whole process that users of great computing power consumption no longer need to import their private key into their block nodes. Also, users do not need to buy Firestones to the address of others. Thus, released LVs will directly return to the purchaser’s address after the Cold Firestone CRIT, eliminating our aforementioned security and trust issues.
Of course, the current Cold Firestone is definitely without flaws:
1. There will still be 320 LVs entering the address of the blockers (the above-mentioned users of great computing power) after the Cold Firestone CRIT, the proportion of which needs to be determined by the two parties through negotiation.
2. The Cold Firestone data packet may be intercepted or stolen by others. Although the release will eventually return to the buyer, the 320LVs after the Cold Firestone CRIT may be siphoned off by hackers.
These flaws will be gradually resolved and finally perfected after the rest elements mentioned in the blueprint are launched.

learn more link:
Telegram: https://t.me/lavatech
Twitter: https://twitter.com/LavaStorage
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: November 11, 2019, 02:07:51 AM
Lava “Firestone Mechanism”: An Updated Version of Staking

Staking is no longer a stranger to those who are active in the mining field this year, which has set off a new trend of “everyone mining” and has also brought PoS back to the spotlight.

The rise of Staking is largely due to the fact that drawbacks of PoW mining are becoming ever more apparent with the current market not doing very well. Those early participants had been lucratively rewarded, while latecomers could only feed themselves on beautiful fancies. What is more, today's currency price is by no means the same as that of 2017. To increase computing power, the cost and the energy consumption are both climbing. The Golden Age of those mining machines that used to be held fantastic has silently begun to fade away. If the situation continues, with the number of the miners reduced and the head mining pools still occupying a large proportion of computing power, 51% attack is no longer something far away.
 
Against such a backdrop, the Staking came into birth, following the PoS mechanism. By strength of a few star projects, such as Tezos and Cosmos, Staking has been one of the hottest stars for a long period of time. In PoS or any PoS-resembling mechanism, anyone can use encrypted assets to obtain token rewards through the “lock-up” by Staking. Also, the rate of return is calculated in terms of the currency standard, and it depends entirely on the expansion model of the corresponding cryptocurrency.

Staking consists of two modes: MasterNode and Dividends. MasterNode means that a node could only be able to provide network services and obtain interest rewards after itself having stored a certain number of tokens. In other words, a node can gain corresponding returns if there are users receiving network services provided by it.

The other mode, Dividends, as the name suggests, is a dividend-like way referring to obtaining interest by holding tokens, which is commonly adopted by the market today. Also, there are modes of dual tokens, such as those getting token reward from B while holding A tokens.

In the Staking model, it is not the case that the more tokes you pledge, the more tokens you will accordingly obtain. Rather, the fact is that the more tokens you pledge, the bigger your possibility of mining will tend to be. However, with the market being so excited about Staking, coupled by the recent market rise, many exchanges and mining pools have also launched their Staking service lines, attempting to lobby for a slice of this pie.

From the perspective of maintaining decentralization, Staking can guarantee the normal running of the blockchain and ensure the activity of the public chain, thus improving the security. This may be the biggest value of Staking. Despite this, Staking is not without problems. Staking's so-called “interest” and “dividend” have long been questioned, that is, the value of the token after additional issuance.

The current Staking projects all have an additional issuance mechanism, with the rate generally between 3% and 6%. While inflations caused by the additional issuance of projects have long been noted by the industry. According to the data where rates of inflation are ranked from high to low, we can find that - the top 10 inflation rates are close to 80% with the lowest stay at 16%, indicating that bubbles inside it may come into a break any time.

In addition, Staking is inseparable from the “lock-up”. Building on this, many Capital projects will require investors to do the lock-up for half a year or more, but it will take more than half a month to unlock. What's worse, the investors have no control over the return gained from the lock-up, and the rate may be 6% or simply 1%, totally in the hands of Staking providers.

As a leader of PoC, Lava proposed the concept of “Firestone Mechanism” and completely mitigated the above problems. So, what is the “Firestone Mechanism”? Actually, it is a Lava's unique proof with the consensus building as a previous goal, supporting the pledge of LAVA token LV to obtain double mining output, which however is not mandatory. Also, the value of the Firestone is regulated by the market. Therefore, the project has no final say over how many LVs can be pledged to generate the Firestone.

We all know that prices fluctuate around value. In addition to the supply and demand of the market, the supply of Firestone also depends on the value of projects in some way. Moreover, Lava does not carry out ICO (Initial Coin Offering) or any token pre-sale, so the concept of valuation is not fit for Lava, whose price is completely determined by the market.

The freeze ratio of Firestone is dynamically adjusted at the beginning of each slot (every 2048 block height). When the number of Firestone in the previous Slot exceeds the target value 2048, the freeze rate of the Slot will increase by 5%; And when the number of Firestone in the previous Slot is less than the target value 2048, the freeze rate of the Slot will decrease by 5%.

At present, rules for the Firestone also vary according to different mining pools. For example, in B3pool there is an 2-8 split of the income between miners and users who buy Firestones, while the split becomes 6-4 in onepool, where users who discover a new block can be awarded an additional 50 Lavas. Besides, 168pool features a combination of the exclusive mode of Firestone income and the sharing mode of Firestone income.

The above-mentioned exclusive mode of Firestone income can be understood as a miner holding the Firestone and generating block, will enjoy the full income (double mining reward). While the sharing mode refers to that all miners holding the Firestone will share the block reward. When generating blocks, mining pools will automatically detect the proportion of each miner's Firestone share and their valid capacity ratio so that block reward can be calculated based on the corresponding weights assigned to each miner.

The joining of Lava Firestone Mechanism has made Staking no longer just a way of obtaining “interest” by the pledge, greatly enriching the modes of Staking. In addition, Lava is also capable of a power binding mechanism, which allows users to bind their own computing power to another user, so that the income of both parties can be transferred to the bound address. The binding of computing power means that the organization of mining pools will be more diverse, and the ways it can be shaped in the future are also more varied.

Simply put, the Firestone Mechanism is like an upgraded version of Staking, which inherits all the merits of Staking and mitigates the inflation rate that has long been criticized.
 
The reason why the Firestone Mechanism was designed by Lava is to enable the natural adjustment of the Firestone price by the market. In this way, the enthusiasm of the miners can be incentivized in the first place, ensuring the activity of the chain. Moreover, it will prompt the market to generate increased vitality and hence have more possibilities to make the miners and the mining pools to work more closely together. Also, the price can be a signal to reflect the gap between supply and demand, and the economic model of projects can be timely adjusted. All these will be more conducive to the development of the Lava ecosystem. Also, it aims to make itself inclusive enough to accommodate more blockchain co-builders and face the market with more freedom, rather than perusing a steeply changing economic model.

Lava has always focused on improving the problems of existing consensus mechanisms by focusing on the PoC consensus mechanism. As indicated by its vision, it has been working to build an underlying framework for global PoC participants, to create a “root of trust”, and to establish a global “top-level index” based on this.
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POC]Lava - A Root-of-Trust and Top-level indexing for global storage on: November 05, 2019, 06:58:54 AM
『LAVA Daily Report』 October 30  Wednesday
Today’s off-Market☞
RMB:1.3¥
BTC:  1885SAT
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 30, 2019, 02:16:17 AM
『LAVA Daily Report』 October 30  Wednesday
Today’s off-Market☞
RMB:1.2¥
BTC:  1854SAT

What is Lava?
Lava is a digital and cryptographic infrastructure based on Proof-of-Capacity (PoC). Also, it embodies Root-of-Trust and Top-level Indexing mechanism for the global storage space.

Latest News☞
◎ LAVA Open source
Lava officially opened source at 12:00 on Oct. 16th, 2019, with the code released on Github. We hereby invite every user of the Lava ecology to witness this open source.


Twitter:  https://twitter.com/LavaStorage
Medium: https://medium.com/@Lavatech
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 29, 2019, 02:46:19 AM
Q:Concerning PoC, is it that whoever has the largest disk, has the biggest advantage in mining?
A:Yes.

Q:If my hard disk is full of movies, can I still use it for PoC mining?
A: No, because for PoC mining, you are supposed to provide usable and spare capacity.

Q: I do have a lot of idle hard disks. How can I use them for mining?
A: The PoC algorithm will first require miners to generate a special file on their hard disk, called a Plot file, to fill the free capacity of the entire disk. Therefore, the Plot file is the very basis for mining. The Plot file, of course, will be automatically generated by Miner (or the mining program). For individuals who want to participate in the PoC ecosystem, it is more advisable for them to join a selection of already-established mining pools for the sake of simplicity.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 28, 2019, 02:23:47 AM
『LAVA Daily Report』 October 28  Monday
Today’s off-Market☞
RMB:1.2 ¥
BTC:  1744SAT
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 22, 2019, 01:46:35 AM
『LAVA Daily Report』 October 22  Tuesday
Today’s off-Market☞
RMB:1.3¥
BTC:  2331 SAT

What is Lava?
Lava is a digital and cryptographic infrastructure based on Proof-of-Capacity (PoC). Also, it embodies Root-of-Trust and Top-level Indexing mechanism for the global storage space.

Latest News☞
◎ LAVA Open source
Lava officially opened source at 12:00 on Oct. 16th, 2019, with the code released on Github. We hereby invite every user of the Lava ecology to witness this open source.
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 21, 2019, 06:03:33 AM
Quote
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57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 21, 2019, 05:56:37 AM
2019-10-21NOTICE: the off-market price on the day is 2229SAT
58  Local / 山寨币 / Re: [ANN] Lava -全球存储空间的信任之根与顶层索引 on: October 21, 2019, 05:48:03 AM
Lava开源丨开启PoC生态发展新时代
2009年,比特币(Bitcoin)的出世,中本聪想要开发一种崭新的去中心化现金支付体系,不再需要一个中心来记账,每个人都有记账的权利,整个账本完全公开透明,去中心化的概念也由此而生。中本聪也将比特币的项目代码公布于社区,比特币由此成为了历史上第一个开源的区块链项目。
 在那之后,比特币和PoW(工作量证明)慢慢走进了大众的视野,但由于PoW机制存在资源浪费、算力集中等问题,越来越不适宜当前的大环境。伴随着众多区块链从业者的不断探索,以PoC机制为核心的项目逐渐涌现出来。
 
2014年,Burst开创了PoC(容量证明)共识机制,其共识优势是设备成本低、利用空闲资源,实现了人人皆可锻造的可能性。Burst遵循去中心化和共享的精神,将项目源代码进行共享。虽然由于经济模型的问题,Burst项目并没有获得传统意义上的成功,但其源代码的分享为后来者提供许多启发。
2019年10月16日,为了能够让更多的人参与到项目当中来,推动PoC领域乃至整个区块链的发展,Lava正式在拥有超过900万的全球开发者用户的平台——Github 上实现开源,致力于建立一个开源的、开放的去中心化生态。
 
开源有何意义?
如果,将区块链技术比喻成一个可供所有人查看的超级大账本,那么这样的大账本则需要多方参与协作。如何在合作过程中快速建立互相的信任?目前最好的办法或许就是开源。
 
首先,代码保证公开透明。区块链就是通过提高参与者数量的手段,来保证网络及其生成数据的信任程度。只有当这个网络是透明和开源的,才能是可以被信任的水准。
 其次,吸引更多技术人才。开源代码后,由于社区的多元化,让全球区块链爱好者和共建者加入进来,还能够在一定程度上增加项目的创新能力。
 第三,提高效率,代码错误率更低。有了多方的监督,团队会更加注重项目的代码质量,尽量减少项目漏洞,从而在一定程度上减少项目开发成本。
 
最后,推动未来区块链行业发展。未来所有的公链之间一定会更加紧密的对接,那么唯有开源,才能够减少重复性的工作,促进区块链实现真正的高速发展。值得一提的是,在众多的PoC项目当中,Lava是第一个在项目成立之初,就提出要开源的团队。Lava的核心开发团队是一群热爱技术的区块链极客,他们热爱挑战,也不吝共享。在Github上开源,意味着Lava在未来将以更开放、完善的姿态面对全球行业爱好者和共建者;也代表着Lava开始更为注重外部反馈问题,这将督促Lava构建更加规范的代码程序,从而提升项目的安全性和易用性。
 
Lava通过开源代码,在全球的技术人员以及区块链投资者面前,展示了其严谨的技术基础以及对于去中心化生态的探索。如果有人说所有的PoC,不就是采用比特币的底层模型,把PoW换成PoC仅此而已。那么,Lava一定会让他刷新对PoC项目的认知。
因为,Lava除了对PoC共识机制进行优化之外,还开创了独特的“算力绑定”和“火石机制”。那这两个机制到底有什么亮眼之处呢?
 
1算力绑定
“算力绑定”是Lava创新的算力调配机制,允许用户将自身硬盘容量算力绑定到另一用户,使得双方出块收益都转入被绑定地址。这可以帮助矿工在维持现有Plot文件的同时,灵活切换和合并算力,一定程度上模糊了矿工和非矿工的界线。未来,“算力绑定”还可以支持更为丰富的矿池组织形态出现。在一定程度上,也为Lava整个生态增加了更多的扩张性和可操作性。
 
2火石机制
“火石机制”是一种Lava特有的链上凭证,用于代表用户的贡献和享受的经济权利。当前,主要以通过冻结或抵押 Lava 方式生成,可以通过消耗“火石”获得双倍的挖矿奖励。Lava通过“火石机制”,采用去中心化的方式,实现了目前比较多见的Staking 挖矿思路,追求达到矿工与代币之间的供需平衡。
Lava通过独创的算力绑定(Binding)和火石机制(Firestone),希望借此打造一个更为温和稳定可持续的发展模式,而不仅仅只是用目光短浅的割韭菜思维去设计。Lava 团队想做一件有对社会产生有效价值的事情,致力于构筑一个基于PoC共识机制的、去中心化的,基于全球广义存储空间的“信任之根(Root of Trust)”与“顶层索引(Top-level Indexing)”。
 
除此之外,Lava还针对开源发布了一套 LVIP 改进机制,这个机制类似于比特币的BIP机制。LVIP 改进提案机制是以文本文件形式维护和管理Lava。用户和开发者可以通过这一机制,提出对于Lava相关的各项流程的改进建议。LVIP 改进机制有两种类型,分别是负责Lava协议层面的改进(协议类)和负责Lava协议外的改进,比如用户的使用、挖矿等等,两种类型有着不同的结果导向与处理流程。
 
Lava希望通过LVIP实现规划化、可追溯的形式管理社区。更好地注重开发者提出的建议,并且将这些建议的思考和讨论过程,通过书面的方式呈现出来,从而帮助用户和开发者更好地表达和参与到项目建设当中来。这一机制为Lava构建更为强大的共识,为项目和技术社区的长久繁荣发展提供制度保障,从而吸引更多的行业共建者参与进来,共同推动PoC生态的进步。
 
Lava本次开源,以及推出的机制秉持着严谨的技术精神,以及完全遵循了去中心化的原则,并非打着“去中心化”当噱头的项目,而是切切实实想要为PoC生态的建设,带来属于自己的一份力量。未来,Lava团队将继续深耕技术,也欢迎全球所有的区块链爱好者和共建者加入我们!
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Lava - A Root-of-Trust and Top-level indexing for global storage on: October 18, 2019, 07:41:11 AM
2019-10-17 NOTICE:LAVA Off-market price on the day 1733SAT

So it has been launched 2 months ago, 2 months of mining and now u post this topic?

However i would like to give it a try, but i dont read chinese so i cant do anything with this very high ping pool sites.


Then something else, all links are going to an testnet, we are on mainnet so where are the mainnet links?

I am sorry to post this topic late.The link to the tutorial is correct,We will modify the testnet to the mainnet later.

You can join the telegraph community,and customer will slove your problems.

Telegram
 https://t.me/lavatech



2019.10.18
Notice:  LAVA Off-market price on the day
1705SAT



Q & A about LAVA

Q:What is PoC?
A:PoC is an abbreviation of Proof-of-Capacity. Capacity here refers to hard disk capacity.

Q:What makes PoC different from Proof-of-Space?
A:Actually, Proof-of-Space is an old term which basically means the same with PoC. Since the abbreviation of Proof-of-Space (PoS) coincides with that of Proof-of-Stake (also PoS), PoC is then commonly adopted to represent the Proof-of-Capacity. Normally speaking, PoC=Proof-of-Capacity=Proof-of-Space, but Proof-of-Space is not that commonly used now.
60  Local / 中文 (Chinese) / 大家怎么看POC这个共识机制 on: October 17, 2019, 07:11:31 AM
硬盘挖矿折损率低、电费低、还不吵,POC有前途么
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