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1  Other / Beginners & Help / Re: Can a skilled engineer make money in bitcointalk? on: November 23, 2018, 06:34:39 PM
Thank you all very much for your time and constructive information.
Some of you, said, and are I guess right, to say that I'm not sharing enough details in my question.

Thing is that, I'm usually quite good in thinking and delivering but I wouldn't want to self-advertise too much and sound like I brag, and ultimately developers are hard to assess and judged mostly by result. I work in a startup, have written C++, Node.JS, GPU code (mods to OpenCL mining code too), and I have ideas, but I either see them implemented, or they are too hard to just start implementing.
 
I wanted to get some pointers, and I've got quite a few.

An ICO is something I'd like, by doing something useful too, but I'd rather go somewhere where it's not already stepped, or join a group.

One idea of mine:

I want to create a decentralized coin that consumes so little disk space that a full node can even run in a mobile phone.
This is not just fantasy: I've read quite a few papers and I'm aiming at dropping full history by using hashes (edited: not checkpoints, as it should be purely decentralized), and cleverly sharding states, with Merkle queries, and with a possible trade-off in security, (regarding long-range-attacks, but which is not an actual trade-off, if I can mitigate the way I think I can).

But this is all a little overwhelming, my time and energy (as stated) are not entirely optimal at this point.

Generally, I'm thinking how I can contribute with something useful rather than dig for gold, but this is not always easy.

Collaborative projects may be easier to handle, or bounties, or jobs.

But, yes, one potential goal of mine is to be able to earn competitively, so that I can leave the classical industry behind and work for decentralized / bitcoin projects, which I consider more fun!

Smiley

2  Other / Beginners & Help / Re: Can a skilled engineer make money in bitcointalk? on: November 23, 2018, 03:04:45 AM
Even a janitor can make money in bitcointalk, if he/she knows enough about bitcoin. Your profession is likely to not matter especially if you have a non computer-related degree.

I'd like to think that trying to launch yet-another-coin is saturated.
So you're planning on making money by launching a coin/token? LOL. As if we didn't have enough cashgrabs already.

A skilled engineer would be - to some - somewhat valuable especially if you have a computer-related degree and a mathematical background.

If I knew that it would pay off I would sure launch a coin/token, because it's the sane thing to do, but I don't know and I suspect that it has risk to mitigate.
3  Other / Beginners & Help / Re: Can a skilled engineer make money in bitcointalk? on: November 23, 2018, 02:14:40 AM
How can it be done without too much risk?

We could assume that the engineer has good traits, but then again, launching something requires a set of other skills, like marketing, peoples skills etc.
4  Other / Beginners & Help / Can a skilled engineer make money in bitcointalk? on: November 23, 2018, 01:54:58 AM
The question is mostly focusing on the how.
How can a skilled engineer make money in bitcointalk?

I'd like to think that trying to launch yet-another-coin is saturated.
Any ideas?
5  Other / Beginners & Help / Re: Alternative cryptocurrencies that reduce disk space? on: November 04, 2018, 04:50:41 PM
Which cryptocurrencies and technologies tackle this and how efficiently?
While I don't have an answer to your question, I'm pretty sure there are a few out there. The ding is though, while some are smaller in size(due to design or due to only a few people using the coin),  there are drawbacks. Some are centralized, some are unsecure in general, etc.
Thanks for answering this. I'd like to know more. Are there specific coins that are well or less well known?

what you are describing sounds like "pruned mode" that are bitcoin nodes are already using. there is also a service bit for it in BIP159 indicating that you have at least 2 days worth of blocks!

what OP is asking i believe is mostly about increasing the efficiency of blocks or at least it should be. throwing out some parts of blockchain is not changing anything, it only means you no longer have the full blockchain. and sharding isn't a solution either! these are more like "solutions to help people like something they can call node but isn't a full node!"
if you can find a way to make transactions actually take up less space then you have reduced disk space consumption.
Thanks, this is helpful. I am actually asking for both. Any way to reduce disk space, that can be reliable of course.
I think that decentralization is more meaningful if all nodes are full nodes.
At the same time, if full nodes can safely discard data, in whatever - proven - way, I'm all for it.

Then take the state of block 550000, which is a list of all the inputs and scripts that a pruned node would keep, which is only a few Gb:s and use that as a base point that will be given to all new nodes.
 
This way we would strip all the historical data from the blockchain, but it would not be lost if some archive sites would save them forever somewhere.
Thanks. Are there known coins where this is applied recurringly?
Is there any known impact in security?

You don't have to run a full node to use Bitcoin. You can either use a SPV client (e.g. Electrum) or prune your node. Bitcoin blockchain is not as big as Ethereum's (most of its nodes are pruned ones). What we are currently trying to do with Bitcoin is moving some of transactions off-chain so that they could be made instantly and cheaply while putting less stress on the network. The Lightning Network, Liquid and RSK are examples of such solution.

Sharding is a bit complicated and it won't be implemented anytime soon. You can learn more about it here. The author of this text used Ethereum as an example.
Sounds helpful. Thanks! I am wondering about the off-chain solution and whether it could impact decentralization in any way.
Is there any live implementation of sharding somewhere?
6  Other / Beginners & Help / Re: Where can I purchase bitcoins safely on: October 31, 2018, 11:09:39 AM
+1 to coinbase. Just expect a verification process so don't wait till the last moment if you are in need
7  Other / Beginners & Help / Alternative cryptocurrencies that reduce disk space? on: October 31, 2018, 09:23:47 AM
One of the problems in cryptocurrencies starting with bitcoin is having to store the (large) blockchain which makes decentralization harder.

Which cryptocurrencies and technologies tackle this and how efficiently?

How effectively is sharding and/or pruning applied?
Any experience?
8  Alternate cryptocurrencies / Altcoin Discussion / Voting as mining instead of PoW on: October 31, 2018, 08:14:33 AM
Has the idea of voting the next miner been proposed in an altcoin?

E.g. Candidates participate in a recurring contest. Voters, who can be e.g. currency holders, vote for a winner.
The winner adds the next block to the blockchain and receives the reward.

Proof of winning the contest could possibly consist of a combination of legit votes as signed messages
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