If anyone sees potential issues with anything I have said please do not hesitate to point them out

I understand your concerns with all the fake promises in the crypto space lately. PoW has its own issues as well being the reason I want to try utilizing a different approach. Assuming all proofs to be worse than PoW will only hinder potential innovation. I understand it is hard to trust people in crypto I just ask you keep an open mind to the possibility there could be a better solution. I will try my best to earn that trust as based on the tests I have done I truly believe this approach has the potential to provide superior long term scaling and security.

Does anyone have problems with using discord for organized community discussion? I have also heard matrix could be a potential option?

Utilizing a new type of consensus mechanism the network is modelled after living systems such as mycelium and the stock market. In terms of mycelium the main thing that was referenced is the way in which the system receives environmental input(nutrients) and adapts it’s next system state to optimize for nutrients access.(search Japanese fungus subway experiment)

Instead of distributing nutrients for growth (mycelium) this consensus(PoP) is defined by proportional contributions to network traffic. In other words the system is built around optimizing network traffic and communication . If people are encouraging and contributing to network traffic they are increasing network value. As a result they should be rewarded proportionally as to further increase network value into the future. This model allows the network to grow similar to a living organism with transactions acting as potential nutrients for system growth and adaptation. Additionally as computation and networking capabilities improve the network will become capable of higher transaction speeds as well as higher network loads. This means separate from software, the network will naturally get faster and more efficient as the technology that makes up the network becomes more advanced.

I am looking to build a founding community of  members to ensure the initial ownership is distributed as widespread as possible right from the moment the network goes live. The goal is not to sell the currency but to distribute it.  A more broadly spread initial distribution allows for higher network security and accessibility. For this reason the vast majority of initial network equity will be distributed for free to people interested in participating in the community. In this community I will be willing to discuss further details on protocol function. This is to protect protocol integrity and limit risk of potential dishonest imitations.

I am not usually the greatest at communicating things clearly so please feel free to message me with any questions

To summarize

Bitcoin = long term storage
PoP network protocol = traffic optimization network = daily digital transaction medium

Bitcoin + PoP = fully decentralized transaction ecosystem completely out of central control

I appreciate the feedback I will do my best to first address your complexity, scalability and Economic Incentives concerns

In terms of complexity I am working on finding better ways of explaining it but I feel that it will come through practice and repetition. My current understanding of the network is still from a developers point of view so I will make an effort to format things for a wider audience where possible.

the network is designed to adapt to network conditions so in the case of increasing network scale and transaction volume the network is designed to modify block size to account for slower block times. Additionally, no time servers are needed as the network is designed to create and approve blocks as fast as it settles on proposals and receives transactions. If these mechanisms are not enough to account for node traffic additional node sockets can be used to accelerate proposal and transaction propagation rate.

In terms of economic incentives currency from my understanding is only valuable if people use it. If you treat the network as a micro economy you are essentially rewarding the businesses who are participating in that economy. More participants utilizing the system means the system is providing more value as a transactional medium. This increases the value of the network which is beneficial for everyone involved.
More business use= more places to spend = higher network value

Bitcoins heavy reliance on layer 2's blurs the line of true decentralized exchange at high volumes. How the bitcoin protocol is currently setup it is best designed as a long term-value store(in my opinion).

It is not necessarily the goal to rival CBDC's in all aspects but to provide an alternative medium of decentralized high traffic value exchange(lower value higher volume). The aspect of CBDC's that is being competed with is the function as a daily spending currency in the digital space. In a virtual world unbounded by physical borders using a country backed token ensures little to no privacy.  The goal is to provide a truly decentralized option for high transactional volume network demands. Both POW and POS have their own limitations and the only way to find out if a new approach could work is to try it. I understand it is difficult to predict how the network will function at scale being the reason I wish to distribute the majority of the initial supply at no cost to people who believe in the networks potential.

Also feel free to ask any questions in this thread and I will try my best to reveal/discuss what I can

I have been working on a new type of decentralized consensus protocol capable of competing with CBDC incentives to spend as daily currency(currently calling it proof of presence). The network works synergistically with bitcoin as a long term value store and fully decentralized daily digital transaction medium.

I have been working on a new type of decentralized consensus protocol capable of competing with CBDC incentives to spend as daily currency(currently calling proof of presence). The network works synergistically with bitcoin as a long term value store and fully decentralized daily digital transaction medium.

Utilizing a new type of consensus mechanism the network is modelled after living systems such as mycelium and the stock market. In terms of mycelium the main thing that was referenced is the way in which the system receives environmental input(nutrients) and adapts it’s next system state to optimize for nutrients access.(search Japanese fungus subway experiment)

Instead of distributing nutrients for growth (mycelium) this consensus(PoP) is defined by proportional contributions to network traffic. In other words the system is built around optimizing network traffic and communication . If people are encouraging and contributing to network traffic they are increasing network value. As a result they should be rewarded proportionally as to further increase network value into the future. This model allows the network to grow similar to a living organism with transactions acting as potential nutrients for system growth and adaptation. Additionally as computation and networking capabilities improve the network will become capable of higher transaction speeds as well as higher network loads. This means separate from software, the network will naturally get faster and more efficient as the technology that makes up the network becomes more advanced.

I am looking to build a founding community of  members to ensure the initial ownership is distributed as widespread as possible right from the moment the network goes live. The goal is not to sell the currency but to distribute it.  A more broadly spread initial distribution allows for higher network security and accessibility. For this reason the vast majority of initial network equity will be distributed for free to people interested in participating in the community. In this community I will be willing to discuss further details on protocol function. This is to protect protocol integrity and limit risk of potential dishonest imitations.

I am not usually the greatest at communicating things clearly so please feel free to message me with any questions

To summarize

Bitcoin = long term storage
PoP network protocol = traffic optimization network = daily digital transaction medium

Bitcoin + PoP = fully decentralized transaction ecosystem completely out of central control

I would love to take you up on that offer. we will speak soon

I am currently in the midst of testing the reference client

The system is designed to provide no advantage to utilizing multiple nodes(slight disadvantage as more gas will be required to consolidate rewards). Additionally, peer information is contained network-wide within the network state to prevent a cluster/echo chamber of peers.

Local sims are looking good just need to start testing the waters for market demand to plan initial distribution.

I can message you when I start the topic if you are interested

Okay thanks. Personally I am a fan of discord as well but I have found that many people are hesitant to click discord links when it comes to joining new groups

@franky1

since presence is based in proportional participation and network communication the block rewards process is separate from the block verification/proposal process. The network first agrees on the most ideal/efficient block and based on the network presence within that block the rewards are distributed accordingly. This means even if node A is somehow pooled and responsible for every block proposal, block rewards will be distributed amongst participating nodes based on each nodes agreed presence within the proposed block.

What platform would you recommend for starting a community to further discuss it?

With the state of trust on discord I was wondering what everyone thinks the best platform for online communities currently is?

@franky1
Yes I agree the main issue with having everyone involved is bandwidth. Syndication/pooling risks are a result of bitcoin/POW being permissionless and based in computational power. Using a different mechanism this risk may be minimized or eliminated.

I’m currently working on developing a new mechanism called Proof of Presence built around optimizing network participation and communications. The vast majority of the initial network will be distributed for free as proof of concept. This is also to ensure initial distribution is broad and unbiased and will instantly transition the network to complete decentralization. I was planning on using discord for more detailed communications and community building but I’m open to alternatives as well.

Ah beautiful I think i'm with you now. I'm saying the issue with POW is its designed to minimize the number of solved block IDs(ideally one per block so chain doesn't split). Im also saying ideally a decentralized consensus method would involve the whole network as to get all relevant network perspectives. If the whole network was involved, however, there wouldn't be a need for a POW mechanism anymore. Im referring to a system where every node in the network creates a proposal from their own local transaction pools and the most 'efficient' proposal is automatically spread and verified/confirmed.

and yes mb proposals = possible blocks
I'm not great at turning my thoughts into words so thank you for being patient.

Are you reading what I'm saying? I didnt say you said it was useless? I also didnt say to change anything within POS or POW im saying both are not ideal. I also didnt say POW made decisions. You are mostly arguing semantics.

POW Mechanism = POW function that is solved to create Block ID
POW consensus = entire system involving the POW mechanism

It doesnt feel like your even trying to understand what I'm saying your just trying to prove that I'm wrong?
Please reread what I said above regarding proportional representation as that is the root of the issue I'm speaking on.

Very interesting. I wonder if theres any science behind it or if its pure fiction?

how many times do I have to tell you I know how the POW mechanism works. If a node does not solve the POW mechanism the block proposal can not be added to the chain or evaluated. It doesnt matter if its code that looks at the data within the block, if you only have one proposal for that code to check what are you optimizing. There is nothing to compare with the proposal/block!

Just like people have unique perspectives so do nodes within a network. Stop getting caught up on the specifics of the POW function, like you said the POW function doesnt have anything to do with the data in the block which is what im trying to optimize. The POW mechanism just narrows down which proposals are eligible for evaluation/verification. Since you narrow down to one proposal using the POW mechanism you cannot compare it with anything because its all you have access to. POW and POS are both selection mechanisms for which node(s) will be involved in that blocks proposal. This is not an issue with how the POW mechanism works from a technical standpoint but how many proposals it allows to be compared and optimized.

gap of time is an issue but more its an issue of optimization. As computers and networking gets faster the network should evolve alongside technology through natural optimization. The issue is that since Bitcoins POW mechanism narrows down the proposals before the network sees them all it is very difficult for the network to optimize itself as it doesnt even have access to all the network info.

Imagine the metaverse is actually a thing and we all live in it for a majority of our lives are we still going to be relying on 10 min time capped blocks for our transactions. It works fine for what its used for now but for real daily use in a digital world it needs to innovate alongside technology. Fundamentally POW is designed to narrow down to as few proposals/nodes as possible before network consensus begins. This is the issue. The reason POW works is the same reason it wont work nearly as well in the future.

Additionally with POW:
better computers = same network output with more wasted computation

Every 2 weeks does mean continuously though? Its a repeating process that is required for the network to operate properly?

When it comes to speed it cant be individually quantified but it can relatively quantified. The half-baked idea you are referring too I have already built and it works in local simulations so im not sure how half-baked it really is. Regarding who, bitcoin uses ECDSA signatures to sign transactions which means knowing who/public key is fairly essential in bitcoin. Where refers to where/how that transaction interfaced with the network.

If you dont understand how it can be done thats one thing but saying that these things are not possible is another. Rather than just saying im wrong it would be more productive for all parties to ask questions in order to understand what im trying to say. All im asking is that everyone try to come at this with an open mind because it is fundamentally a completely different approach to decentralized consensus. Let me clarify I'm not saying bitcoin is bad but rather asking the question is there potentially a better solution. Decentralized systems exists throughout nature and last I checked none of them use POW and have all lasted way longer than anything we have created.