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It is obvious that you are the same guy who posted it. I don't believe in one sided story though but if you are the one who did everything, how are you envisioning this project to unfold. Or the project dies here as many of the projects get killed because of internal disputes.
Why I am interested in this, is because I am working on a 2nd layer protocol too and the concept presented in the paper is definitely better than the one I am working on.
- It doesn't matter who is behind this handle, one person or a group of people.
- As it has already been stated clearly about who played what role in the research.
- The vision is to create an exchange network (crypto, ad network, digital assets etc) where anybody can be a 'BAUS' (similar to operator in Plasma but not the same). The protocol is aimed to provide order-matching performance of centralised exchange & custodial security of blockchain - decentralised consensus.
The mission is to launch a second layer protocol over ethereum first and then to work on interoperability part. - It's obvious that the project is divided now. ill-formed ideas kill the big vision but we are onto it and will release the corrected paper soon.
- You need not look at one side of the story for sure. But since, you have gone through the paper look at the following calculation (refer sec 7.3)
Let’s analyze an example Baus with:
n = 1, 000, 000 live accounts
m = 1, 500 merkle leaf proofs
t = 6, 000 FSB challenge period
50 coins
100 trades per active user
100, 000 total trades
A malicious account update published by a Baus would have at most a 1 in 66,553,888,
or a 0.000001503% chance of successfully cheating the network.
Using the above values, the gas required to submit just merkle proofs for every sidechain block to the eth root chain comes out to be ~23,000,000,000 (the fee is 20k gas to store a 256 bit word. A kilobyte is thus 640k gas. refer eth yellowpaper http://gavwood.com/paper.pdf). But MAX POSSIBLE GAS in eth block is ~8,000,000 at the moment. LOL. But you can still ask questions to Mr. Ho Lee Hua if he knows anything
