Latest posts of: ValeryO

FB Name: Valery Osipenko
Telegram: @BOsipenko
ETH: 0x7EF84AbDffcd7a50216FDC0382E46960A4c049F5

Quote from: genie854 on October 26, 2018, 01:44:23 AM

TAUcoin debate daily topic 10/26/2018

Continuation of reward clipping discussion. What will happen if there is no limit on reward received from one transaction (say, someone pays 0.1 TAU transaction fee can earn 1 TAU later from this transaction)? Imagination please Wink

“Says” don’t work. But if you really pay, for example, reward in 1 tau for a transaction in 0,1tau fees to the first 1000 members of the community, the community grows exponentially to 1mln, 2mln, 10mln etc. That growth will stop only you stop pay reward. It looks like a typically Ponzi scheme. On the planning horizon in 5-10 years we lose all in that case. At the initial stage, it maybe works. Need to stop in time.

Quote from: genie854 on October 25, 2018, 09:52:50 AM

Quote from: ValeryO on October 25, 2018, 06:18:50 AM

Quote from: genie854 on October 24, 2018, 11:31:48 PM

TAUcoin debate daily topic 10/25/2018

Continuation of reward clipping discussion. Do you think it is fair for a user to gain profit from making transactions? For example, without reward clipping, one can send transactions between his own addresses to increase mining power. This could be profitable if future transaction volume is greater than current.

50/50 or win/win. All fake transaction should be limited in any way. From the other hand transactions that make startups on tau platform or transaction that allow growing up the tau community etc., should be awarded for example in lower fees.

TAU is a permission-less public chain, so it might be difficult to tell which transactions are "fake" and which are "start-up".

"Fake" is a transaction which overfed determined limit (day, month, year).
Startup makes a request to mods. Mods accepted startup account (accounts) and all transactions from it account is "start-up".

Quote from: genie854 on October 24, 2018, 11:31:48 PM

Quote from: genie854 on October 24, 2018, 07:40:31 AM

Quote from: ValeryO on October 24, 2018, 06:18:58 AM

Quote from: genie854 on October 24, 2018, 01:48:37 AM

TAUcoin debate daily topic 10/24/2018

What do you think of reward clipping in POT? For example, mining reward of every address is bounded by its total historical transaction fee paid. The goal is to discourage users from making transactions for future profit (mining reward).

My opinion should establish a dynamic dependence of the transaction value on their number for a certain period of time (day, month, year). For example, the cost of a standard transaction is X tau. If the number of transactions, for example, is more than 100 per day, then 101, 102 and further transactions will cost 10X, more than 1000 - 1001, 1002… - 100X, etc.

That is an interesting suggestion, dynamic transaction fee based on volume. But it may bring unfairness to some users, or create bias by block generator.

I wrote above about fake transactions that will make only for future profit. To avoid unfairness and bias devs or mods should manually allow a few accounts make a transaction at standard fees in X tau. Anyone can write to mods and make a request for the planned exceeding number of allowed transactions per day due to the nature of his business on the tau platform.

Quote from: genie854 on October 24, 2018, 01:48:37 AM

Здравствуйте, добрый самаритянин!
Буду признателен, если сочтете возможным обновить аудит
сего аккаунта https://www.twitteraudit.com/vp_osipenko
Заранее Вас благодарю! Подписался на Ваш твиттер. Испытываю призрачные надежды на взаимность.

Quote from: genie854 on October 23, 2018, 01:24:57 AM

TAUcoin debate daily topic 10/23/2018

What are the pros and cons for UTXO (BTC) and account based (ETH) systems?

As we know there are two broad groups with respect to the style of cryptocurrencies transactions UTXO (BTC) and account based (ETH).

In the UTXO transactions, each coin contains essentially two different pieces of data: ownership data, and the amount it represents. Transactions inductively spend outputs generated by previous transactions and create new unspent outputs, and there is no intrinsic notion of an account associated with an address.

In the account based transactions, the currency is spread among the multiple accounts of the system, each of which has a specific balance. Each address is seen as an account with a balance, and transactions are transfers of value from one account to another. Every transaction also contains a unique nonce to protect against replay attacks.

Pros for UTXO:
First, it allows transactions to be processed in parallel for different UTXOs and transactions can be processed in any order. These parallelizability and invariance property lead to scalability benefits.
Second, it is difficult to link accounts to each other because the user uses a new address for each transaction that they receive. It leads to a little higher degree of privacy.

Cons for UTXO:
The main one it is its complexity. Second UTXO basically suited only to asset issuance and transfer applications. It’s more difficult to successfully run smart contracts on it.

Pros for account based are simplicity and efficiency before UTXO.
Simplicity means that it opted for a more intuitive model for the benefit of developers of complex smart contracts.
Efficiency means that each transaction only needs to validate that the sending account has enough balance to pay for the transaction.

Cons for account based main one is a double spending attack. Every transaction must have a "nonce" and the account must keep track of the nonces used.

Some word about TAU. In my opinion TAU devs, team and rising up community should find own decision. Maybe it will combine UTXO and account based. Or it will something innovative brand-new like a Proof of Transaction consensus mechanism. Copies are always worse an original.

References
https://medium.com/@ConsenSys/thoughts-on-utxo-by-vitalik-buterin-2bb782c67e53
https://eprint.iacr.org/2018/513.pdf
https://eprint.iacr.org/2018/262.pdf

Proof of authentication

Quote from: PeterI on October 12, 2018, 12:33:00 PM

Quote from: SUN5 Kr on October 11, 2018, 10:57:52 PM

привет. да уж, проект давал такие перспективы и вот никакого прорыва монеты. теперь и не знаю, что ожидать и как распорядиться своими монетками. у вас какие мысли? Huh

Скажите пожалуйста, в каком проекте в данный момент есть прорывы в токенах? Вы учитывайте общее положение дел на рынке, которое с каждым днём всё хуже и хуже. Если хотите, то слейте свои токены за десять баксов и будете спокойны. Ещё рано делать выводы, так как сроки ещё не вышли, команда проекта обещала выкатить полную версию своего продукта, вот и посмотрим сделают они это или нет, и только потом можно будет делать какие либо выводы.

Поддержу! Проект DIW хоть какие-то признаки жизни в соцсетях подает. Многие более чем по полгода уже ничего нового не постят. Ждем полную версию продукта. Сливать совсем в минус не стоит. Крипто рынок как и любой другой совершенно непредсказуем. Например, тот же Амазон в самом начале 2000-х ушел в минус почти на 99%. А где он теперь!

Quote from: bolshojkush on October 06, 2018, 04:32:23 AM

The only site I trust https://icodrops.com The Rest of the sites began to greatly overestimate the ratings of the projects.

I will support your opinion. Many projects rated on this platform gave investors X after ICO.