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Author Topic: Qubic - Quorum-Based Coin  (Read 24552 times)
Come-from-Beyond
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April 21, 2014, 04:45:35 PM
 #101

Using the NXT blockchain?

No idea yet.
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April 21, 2014, 04:50:09 PM
 #102

Quote
- Network-bound proof-of-work instead of CPU-bound one is used

DISCLAIMER: In advance apologies if I've got this totally wrong Smiley

Is the Network PoW similar I wonder in concept the the utility/network/importance participation proofs being proposed in some of the NEM forums.

If you are trying to achieve true decentralisation, how do you take into account that the internet is not decentralised, in fact it is becoming more and more centralised in terms of bandwidth and cpu with cloud based hosting centres...

If you are in a major city in a western country then you can participate well in a network based system, with more bandwidth, faster response times etc...

if you are in a rural area or a less well connected country then your participation will be lower...

This will lead to people in the US for example easily/quickly gaining better reputations than people in africa or eastern europe...

Or perhaps there would be regionalisation so a node in eastern europe would see more network local nodes with which it naturally does more transactions as having more of a reputation then a node in the US which it talks to seldom...
Or is the reputation for a node levelled and set network wide?

Or are you just trying to achieve a logical decentralisation and the whole network could exist on VPS in one data centre?


Yes. Network PoW is similar to Proof-of-importance of NEM.
Qubic is medium agnostic. Proof of concept version will run on top of UDP. After that I'm going to develop a truly decentralized medium based on WiFi Direct.
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April 21, 2014, 05:49:16 PM
 #103

Yes. Network PoW is similar to Proof-of-importance of NEM.
Qubic is medium agnostic. Proof of concept version will run on top of UDP. After that I'm going to develop a truly decentralized medium based on WiFi Direct.

Is your decentralized medium like the Skycoin's Meshnet - https://bitcointalk.org/index.php?topic=380441.0 ?

Quote
Skycoin Meshnet Project:
- Uses Skycoin Darknet protocol over wifi mesh network
- Uses receive Skycoin for providing transit
- bridge the "last mile" between homes and fiber with a distributed wireless mesh networks and community ISPs.
- SOPA, PIPA, ACTA and the Comcast/Time Warner merger have made it clear that political solutions are no longer viable.
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April 21, 2014, 06:01:50 PM
 #104

Yes. Network PoW is similar to Proof-of-importance of NEM.
Qubic is medium agnostic. Proof of concept version will run on top of UDP. After that I'm going to develop a truly decentralized medium based on WiFi Direct.

Is your decentralized medium like the Skycoin's Meshnet - https://bitcointalk.org/index.php?topic=380441.0 ?

Quote
Skycoin Meshnet Project:
- Uses Skycoin Darknet protocol over wifi mesh network
- Uses receive Skycoin for providing transit
- bridge the "last mile" between homes and fiber with a distributed wireless mesh networks and community ISPs.
- SOPA, PIPA, ACTA and the Comcast/Time Warner merger have made it clear that political solutions are no longer viable.


I don't know how Skycoin Meshnet works.
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April 22, 2014, 09:22:04 AM
 #105

Using the NXT blockchain?

No idea yet.
Based on Nxt BC will be very innovative.

 
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June 17, 2014, 02:22:24 PM
 #106

how is the Qubic Huh

ReserveShare-100% Free-First PoR-New Source Code
The Walker
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June 30, 2014, 04:15:29 PM
 #107

How is Qubic going?, We are eager to see the news on it.
Come-from-Beyond
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September 10, 2014, 05:57:54 PM
 #108

I keep working on Qubic. I found a good solution to the last obstacle, but it requires technical base for the implementation. The solution will be based on Jinn (ternary processor), before Jinn is designed and prototyped I need to create an emulator to prove the concept. Keep an eye on my twitter (@comefrombeyond) for the announcement of Jiniri.

I lock this thread coz I don't use BitcoinTalk anymore.
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