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Author Topic: now what ?  (Read 753 times)
bracek (OP)
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February 25, 2014, 10:02:33 AM
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what happens with my documents that I sent to gox ?

can anything be done to get them back ?
or at least get some kind of assurance they will be destroyed

and another thing,
what about distributed control of exchanges,

where people have an app, like a bitcoin wallet,
to earn activity points as shares in profit

they earn points by doing basic actions,
like checking of withdrawals, one by one,

and give it green or red light

and when users action "wish" is checked and approved by a % of nodes,
it gets done

if stupid, why ?
waxwing
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February 25, 2014, 10:10:14 AM
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and another thing,
what about distributed control of exchanges,

where people have an app, like a bitcoin wallet,
to earn activity points as shares in profit

they earn points by doing basic actions,
like checking of withdrawals, one by one,

and give it green or red light

and when users action "wish" is checked and approved by a % of nodes,
it gets done

if stupid, why ?


When it comes to really tough problems like distributed exchange, you should give yourself license to think stupid thoughts Smiley That's how creative breakthroughs are made.

But my first question would be: "checking of withdrawals" - checking what exactly?

My second question would be - what percentage of users/nodes are required to OK a withdrawal? Who can be the checker - any user? I'm sure you can see that for some combination of answers to those two questions, fraud is very much possible. You also have to be sure you know what "a user" is (i.e. not a bot - look up "Sybil attack").

I would tend to think oracles are the way to go for checking of things which are logically simple to verify. In the absence of working oracles, your kind of peer consensus approach might be crazy enough to make sense Smiley

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bracek (OP)
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February 25, 2014, 10:46:32 AM
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When it comes to really tough problems like distributed exchange, you should give yourself license to think stupid thoughts Smiley That's how creative breakthroughs are made.

But my first question would be: "checking of withdrawals" - checking what exactly?
checking , I don't know ?
 parameters of account,
is there a short period between deposit and withdraw,
unusual login activity...
it could be evolved to a set of parameters to look  ?

and people would mine through that for some btc dust, there are a lot of dwellers that would be happy to do it,
no offense intended

I would do it for fun a few times for sure


My second question would be - what percentage of users/nodes are required to OK a withdrawal?

[

that would be evolved to, also, idk Smiley
start with 1% and see what happens




Who can be the checker - any user? I'm sure you can see that for some combination of answers to those two questions, fraud is very much possible. You also have to be sure you know what "a user" is (i.e. not a bot - look up "Sybil attack").


checkers with good activity and improving activity,
if they gave a green light to something that is rated as red by most of the checkers, they get negative points

I would tend to think oracles are the way to go for checking of things which are logically simple to verify. In the absence of working oracles, your kind of peer consensus approach might be crazy enough to make sense Smiley

I didn't understand this part, but I hope it will make sense to someone who will do and is doing something about this
bracek (OP)
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February 25, 2014, 11:01:52 AM
 #4

checkers with good activity and improving activity,
if they gave a green light to something that is rated as red by most of the checkers, they get negative points

addition here :

some quick chat,
where you broadcast transaction or account id that you are currently reviewing,
if in doubt, to call on people checking that same case,  to do a short discussion,
as a self defense, to avoid getting negative points...

still, there could be an option to mark a transaction validity as "undecided",
to require a larger % of nodes to look into
bracek (OP)
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February 25, 2014, 12:29:07 PM
 #5

and what about documents on gox ?

I posted this question and nobody expressed concern

that is a big issue imo

but on a bright side,
now with gox gone, I have a free space in my bookmark toolbar
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