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Author Topic: Is there a forkless altcoin?  (Read 1269 times)
monsterer (OP)
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July 24, 2015, 02:06:27 PM
 #21

As long as the magic unicorns in the sky take pity on us and weave a magic spell that eliminates network latency...

Latency doesn't have to mean forks will occur. If you only include the transactions which are common between the majority of nodes in a block, and postpone the rest, latency becomes irrelevant.
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July 24, 2015, 02:46:26 PM
 #22

Latency doesn't have to mean forks will occur. If you only include the transactions which are common between the majority of nodes in a block, and postpone the rest, latency becomes irrelevant.

So you're suggesting "front-running" the construction of the block itself by securing consensus in the tx mempool? How would you achieve that consensus, given the Byzantine-general problem?






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monsterer (OP)
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July 24, 2015, 03:08:23 PM
 #23

So you're suggesting "front-running" the construction of the block itself by securing consensus in the tx mempool? How would you achieve that consensus, given the Byzantine-general problem?

If you know who the block producers are a priori, you could achieve consensus by having them each submit a POW for their view of the current mempool. Disallowing duplicate results for the POW solution, you then chose the most common block hash submitted as the mempool consensus and all the corresponding transactions then get put in the block.

You need to know who they are in advance because otherwise you could have islands of nodes producing their own isolated consensus, which would indeed be a fork.
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July 24, 2015, 08:45:04 PM
 #24

So you're suggesting "front-running" the construction of the block itself by securing consensus in the tx mempool? How would you achieve that consensus, given the Byzantine-general problem?

If you know who the block producers are a priori, you could achieve consensus by having them each submit a POW for their view of the current mempool. Disallowing duplicate results for the POW solution, you then chose the most common block hash submitted as the mempool consensus and all the corresponding transactions then get put in the block.

You need to know who they are in advance because otherwise you could have islands of nodes producing their own isolated consensus, which would indeed be a fork.

Not to mention, protections from Sybil attacks and related nastiness. It sounds like you're proposing tx-mempool checkpointing.






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monsterer (OP)
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July 25, 2015, 10:53:28 AM
 #25

Not to mention, protections from Sybil attacks and related nastiness. It sounds like you're proposing tx-mempool checkpointing.

What I'm proposing is much more like ripple with POW
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July 25, 2015, 11:40:05 AM
 #26

Not to mention, protections from Sybil attacks and related nastiness. It sounds like you're proposing tx-mempool checkpointing.

What I'm proposing is much more like ripple with POW

Oh, okay.






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KingJo
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July 25, 2015, 02:58:32 PM
 #27

forklesscoin doesn't exist.
but Creva coin, an electronic money developed by teams with experiences in developing bit coins, has an algorithm as bit coins d.

so i think crevacoin is safe coin.
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