FYI
FYI: There is only one official slack in BBR: boolberry.slack.com and i'm personally available there most of the time. Any other "zoidbergs" accounts is not related with me.
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Is the new version let forge from inside the wallet like the previous one?
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I really need to know. Were there a privileged few who got early access to forge alone on the main chain for several hours? Not cool if true.
Anyone knows who "supernet" is? Supernet is organisation behind Komodo and iguana, have many assets and interesting projects. Big holder of some other coins like Heat. |
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So 64 notary nodes share majority of mining rewards between them, and non notaries can mine kmd but at a disadvantage.
So consensus is PoW like bitcoin, but the notaries work together and share block reward equally like a cartel.
And notary cartel membership is voted on by coin holders, preventing cartel from misbehaving.
A very interesting combination, not fully decentralized, but much more advantages from structure than other crypto coins.
Trust in the notary cartel will depend on election process, very interested to see more details when available.
non-notary miners are getting ~40% of blocks, here is a recent 65 block sample: 51 13 12 16 -1 -1 -1 38 -1 34 28 -1 -1 -1 50 49 -1 -1 1 -1 5 -1 -1 2 53 -1 -1 14 -1 17 -1 -1 42 20 10 56 -1 -1 55 -1 -1 4 15 60 -1 9 8 23 54 41 0 59 44 19 35 -1 -1 -1 37 47 29 -1 36 -1 -1 <- prev minerids from ht.187826 notary.1 gpucount.28 43.08% Whether a block goes to a notary node or not is random. In exchange for the ability to mine at easy diff, the notary nodes provide high end servers for network services, like basilisk mode. Notary nodes dont have the power to create transactions, nor do they ever control anybody's funds. they are elected based on a Proof of Stake election So while the notary nodes are in a semi-trusted position, this trust is used for getting consensus on what checkpoint to write to the bitcoin blockchain, availability of network services and other things that otherwise would be unavailable or unreliable The network is at the same time a PoW network and a cartel mining (as you call it) which are coexisting and seamlessly shifting between each other. The added randomness of which group will mine the next block makes it that much harder to conduct attacks as no matter how much hash power you bring, the notaries mining costs dont go up. From the other side, if any group of notaries start misbehaving, then they are subject to not receiving subsidies or outright replacement and since any notary mined block must be signed by the notary, it is not possible to hide behind a brand new address Thank you for this detail jl777! I am interested in governance aspects of crypto, what you have designed is very ingenious, a good blend of decentralization but with elements of structure that allow stability and increased reliability. The other governance model of DAO looks promising too, but so far untested to run a sophisticated platform like komodo. I can't see any weakness in the notary setup for possible attacks, only problem might be human element, large number of capable candidates competing at elections, but that is a good problem to have. It is a practical form of government that blends a pure democracy (external miners) with a republic (elected notaries that represent the KMD holders) but even the notaries have strictly limited powers and complete transparency, which if only we could implement in the real world would eliminate a lot of issues that arise from non-transparent republics Problem with real world governance is majority of power rests with the 'deep' state actors underneath elected officials who never stand in elections, they control what happens, and who can do what. With komodo will the notaries make any strategic decisions collectively like a cabinet government, or board of directors in a company, or will they act more as service providers only? This would be something to clarify before next election. |
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So 64 notary nodes share majority of mining rewards between them, and non notaries can mine kmd but at a disadvantage.
So consensus is PoW like bitcoin, but the notaries work together and share block reward equally like a cartel.
And notary cartel membership is voted on by coin holders, preventing cartel from misbehaving.
A very interesting combination, not fully decentralized, but much more advantages from structure than other crypto coins.
Trust in the notary cartel will depend on election process, very interested to see more details when available.
non-notary miners are getting ~40% of blocks, here is a recent 65 block sample: 51 13 12 16 -1 -1 -1 38 -1 34 28 -1 -1 -1 50 49 -1 -1 1 -1 5 -1 -1 2 53 -1 -1 14 -1 17 -1 -1 42 20 10 56 -1 -1 55 -1 -1 4 15 60 -1 9 8 23 54 41 0 59 44 19 35 -1 -1 -1 37 47 29 -1 36 -1 -1 <- prev minerids from ht.187826 notary.1 gpucount.28 43.08% Whether a block goes to a notary node or not is random. In exchange for the ability to mine at easy diff, the notary nodes provide high end servers for network services, like basilisk mode. Notary nodes dont have the power to create transactions, nor do they ever control anybody's funds. they are elected based on a Proof of Stake election So while the notary nodes are in a semi-trusted position, this trust is used for getting consensus on what checkpoint to write to the bitcoin blockchain, availability of network services and other things that otherwise would be unavailable or unreliable The network is at the same time a PoW network and a cartel mining (as you call it) which are coexisting and seamlessly shifting between each other. The added randomness of which group will mine the next block makes it that much harder to conduct attacks as no matter how much hash power you bring, the notaries mining costs dont go up. From the other side, if any group of notaries start misbehaving, then they are subject to not receiving subsidies or outright replacement and since any notary mined block must be signed by the notary, it is not possible to hide behind a brand new address Thank you for this detail jl777! I am interested in governance aspects of crypto, what you have designed is very ingenious, a good blend of decentralization but with elements of structure that allow stability and increased reliability. The other governance model of DAO looks promising too, but so far untested to run a sophisticated platform like komodo. I can't see any weakness in the notary setup for possible attacks, only problem might be human element, large number of capable candidates competing at elections, but that is a good problem to have. |
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So 64 notary nodes share majority of mining rewards between them, and non notaries can mine kmd but at a disadvantage.
So consensus is PoW like bitcoin, but the notaries work together and share block reward equally like a cartel.
And notary cartel membership is voted on by coin holders, preventing cartel from misbehaving.
A very interesting combination, not fully decentralized, but much more structure than other crypto coins.
Trust in the notary cartel will depend on election process, very interested to see more details when available.
Yes, you have the basic concept right! However, a cartel is a bit harsh word! The notary nodes have less power than currently believed. They cannot do a 51% mining attack. The worst they can do is stop bitcoin notarizations, which would result a less secure KMD network. They could also not include a transaction into a block, but would be noticed by everyone, and then any other node could include that tx in a future block. There is also a PAX price attack vector, but we will talk more about PAX later. So if the notary nodes want to hurt KMD the best they could do is: - stop notarizing KMD hashes into bitcoin blockchain - exclude a valid transaction from a block We will address this issue in our next article! Stay tuned!  Sorry to use a harsh sounding word like cartel, I was focused on the closed membership aspect, did not mean anything negative by that word, I actually think having a closed system for notaries allows better coordination and long term planning, easier upgrades etc. I will look forward to next article. As a noobie to crypto I have been struck by how chaotic, unstable and amateurish many projects appear, but a few like komodo have noticeably more professional outlook. |
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Rules for future node elections have not been released by dev team afaik. Best for the devs to work on the software and network stability now, let things settle down after the launch, then I'm sure details for future elections will be made public. One thing for certain though, many more candidates will run next time, notary nodes are in the words of j777 'money printing machines' at a price just higher than where we are today  Forgive noobie question, but why you say 'money printing machines'? Because they get to mine most of the new coins .....while the rest of the world gets to mine the left overs Cheers Jon  So 64 notary nodes share majority of mining rewards between them, and non notaries can mine kmd but at a disadvantage. So consensus is PoW like bitcoin, but the notaries work together and share block reward equally like a cartel. And notary cartel membership is voted on by coin holders, preventing cartel from misbehaving. A very interesting combination, not fully decentralized, but much more advantages from structure than other crypto coins. Trust in the notary cartel will depend on election process, very interested to see more details when available. |
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Rules for future node elections have not been released by dev team afaik. Best for the devs to work on the software and network stability now, let things settle down after the launch, then I'm sure details for future elections will be made public. One thing for certain though, many more candidates will run next time, notary nodes are in the words of j777 'money printing machines' at a price just higher than where we are today Forgive noobie question, but why you say 'money printing machines'? |
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I started to get personal messages from people who call themselfs "investors".
They writing that they invested hundreds of-thousands $ in project and really care about it, giving me strong advice to stop other projects and dedicate myself to BBR and so on.
For all those people i'll answer here: you invest not in the project, you invest in coins, which do not affect project funding much.
Just fyi: average salary for experienced developer is about 8-10k$/month, if you would dedicate just a tiny part of your "investment" into project funding you would get really strong improvements of BBR from development side.
But since you prefer to wait passively and write convincing message - then have patience and wait, i have things to be done in BBR in near future.
Zoidbeg
20,000BBR sent to @zoidberg. Please confirm whenever you receive them. Very good donation to the developer, makes me want to buy some more bbr |
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I started to get personal messages from people who call themselfs "investors".
They writing that they invested hundreds of-thousands $ in project and really care about it, giving me strong advice to stop other projects and dedicate myself to BBR and so on.
For all those people i'll answer here: you invest not in the project, you invest in coins, which do not affect project funding much.
Just fyi: average salary for experienced developer is about 8-10k$/month, if you would dedicate just a tiny part of your "investment" into project funding you would get really strong improvements of BBR from development side.
But since you prefer to wait passively and write convincing message - then have patience and wait, i have things to be done in BBR in near future.
Zoidbeg
Very reasonable suggestion. As a crypto noobie I find it hard to understand why people invest big money in the hobbies of high paid developers. Pay peanuts, get monkeys |
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... this was a forced launch that failed utterly!
...
... hey call it, successfull launch! xD
Where? I wouldn't call it successful, but neither failed.. it's a.. "launch"  Yes they were under pressure and tried to release quickly, that was really unfortunate. But at least the coins are "safe", forging is possible (thanks to constantly updated blockchain uploads) and most likely tomorrow there will be an approach to fix the forking issues. It's all taking quite a long time already, but I'm a developer myself and can really understand why..  Where is the constantly updated blockchain url? |
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Have latest fersion 1.6.5 but can never sync, tried reload blockchain many times but still never syncs, any help here?
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Did VPN crackdown in China kill this project?
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SuperDAO is governed by the the crowd (any and everybody across the globe or outside of it including martians). It has a very active core that anyone can join. It is not a "registered company", nor is it relegated to any jurisdiction. Its a global blockchain based organization incentivized to coorperate and of which membership are determined by access tokens called Superneums or SUP.
Its core mission is to provide value to customers by disrupting industries with decentralized dapp alternatives that remove middlemen cost and also to increase the value of its membership tokens SUP for token holders through value generated from its products and services i.e Pokereum, Dappsery "Stealth dapp*"...
Because of it the decentralized governance infrastructure pepole around the world can be empowerd to participate and The mission ensures that all participators incentives are aligned to cooperate and to enable the organization to thrive.
Tl:dr Its a DAO that was iterated on and existed way before "the DAO" was, and the design is not in misalignment with the crowd swarming incentives as opposed to the "splitting" and or the complexffity that was found the famous "the DAO" and enables the catastrophe
Thank you for detailed answer! SuperDAO looks like very good project, with real world potent́al to grow large and change how business can happen in 21st century. Many crypto projects look very amateurish with no bother to organise governance solution. Real world needs more than forum thread and slack to organise priorities and assess progress. The DAO structure allows proper decentralized economics. Very interesting! Are the smart contracts for dao operation launched yet? |
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I'm actually pursuing an intermediary system: hosting a remote synced client and allowing people to connect their simplewallet to that. Can you help with that since you are already hosting a node server and full mining node, people need to understand that this still gives them no perks to privacy.
We will be promoting more decentralized efforts, but our immediate goal is getting BBR off of the exchanges, and we will upgrade that to promoting greater decentralized after.
Is there a fully synced remote node available to connect simplewallet to now? |
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Good to document every known scam in one place, give FBI some help to catch some crypto criminals, then they leave honest devs alone.
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Where is best blockchain snapshot to download?
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Try to get into IOTA before it hits exchanges. It's a Directed Acyclic Graph, so it solves a lot of Bitcoin's problems in scalability. The more people that use it, the faster the system becomes, and there are no transaction fees! Check out the announced foundation members: https://forum.iotatoken.com/t/current-revealed-foundation-members/1098This is a serious project that will explode once it's listed on exchanges. Is byteball a clone of iota? |
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Does bbr have a web wallet or light wallet?
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Does bbr have web wallet, or lite wallet? Can you use bbr on a remote node?
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