Fuserleer (OP)
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October 29, 2017, 10:10:26 PM |
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Testnet is good but fully functional open DLT is better.
Do you think to run a security test with any established companies to get results or you are sure that is not worth as system is secure and it is impossible to attack and hack it?
Perhaps you're thinking about other projects mentality....would be very naive to think there are NO issues lurking in there! We have a number of auditors pending to code and security review once the final bits of the core are done. Makes no sense to do that while we're still fine tuning things now the main R&D is done. |
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Fuserleer (OP)
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October 29, 2017, 10:12:11 PM |
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Yes, this year is definitely about scaling debate. Blockchain is about 10 years old experimental technology and we have blockchain killer apps. Isn't that weird? I hope that one day we will talk not about infinite TPS but about security and robust technology. I think that it is a little to early to bury blockchain in its infancy. Scaling solutions are on their way and we should expect bugs and weak security from the very start but it should evolve to better solutions. I feel that patent bum of DLT's is just upcoming. People can't understand the power of open source. Here lays the real value of blockchains in contrast to patented DLT's.
Everything else is futile if the technology ultimately can't scale. We aren't concentrating on just scalability.....its a key part yes, but not where all of our focus is. Security, efficiency, usability, infrastructure integration etc are all important things ONCE you have the scale nailed. |
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Fuserleer (OP)
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October 29, 2017, 10:13:00 PM |
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I hear they went above 1000tps for a serious timeframe. I want a public testnet.
We ran at a sustained 5k+ a few days ago in a short test...hardly broke a sweat. More and higher load tests are coming, including a pub test net. |
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tj4dmx
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October 29, 2017, 10:48:42 PM |
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I hear they went above 1000tps for a serious timeframe. I want a public testnet.
We ran at a sustained 5k+ a few days ago in a short test...hardly broke a sweat. More and higher load tests are coming, including a pub test net. Wow..., without a sweat? Very fascinating !! |
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13Darko
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November 04, 2017, 12:49:59 PM
Last edit: November 04, 2017, 02:18:57 PM by 13Darko |
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Yes, really amazing. There's going to be over 550m tx done just in 7 days at speed of 1100-1600 tx/s, where Bitcoin did only ~270m transactions for all time of its existence |
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Fuserleer (OP)
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November 04, 2017, 09:26:37 PM |
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That's just the start of our scale testing.
Next week we'll be adding more nodes, enabling sharding and shooting for 1 billion in 7 days or less.
From there we'll just keep scaling up the tests with more nodes and higher throughput.
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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November 04, 2017, 10:23:51 PM |
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That's just the start of our scale testing.
Next week we'll be adding more nodes, enabling sharding and shooting for 1 billion in 7 days or less.
From there we'll just keep scaling up the tests with more nodes and higher throughput.
So when can we buy some? |
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alexinv
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November 05, 2017, 07:21:21 AM |
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is there any possibility to add to this project and launch node?
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13Darko
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November 05, 2017, 02:34:32 PM |
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That's just the start of our scale testing.
Next week we'll be adding more nodes, enabling sharding and shooting for 1 billion in 7 days or less.
From there we'll just keep scaling up the tests with more nodes and higher throughput.
Great news! As someone on Reddit mentioned Radix is not only about fast transactions, but they're also working on a lot of cool stuff. Check this: https://www.youtube.com/watch?v=pMw7hQ6x2f0&feature=youtu.beAll you need to do is to buy an empty debit card and a debit card encoder, program it and use it in an every-day life. Sellers don't even have to install firmware upgrade to their POS. No intermediaries, no excessive fees or whatsoever. Very cool indeed. Radix is building the future. |
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U
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November 06, 2017, 08:32:48 AM |
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What's the status of eMunie and the ICO in 2013?
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Bitcoin Ethereum TERA
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Similificator
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November 06, 2017, 08:57:53 AM |
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Congratulations on finally finishing part of your project. You have a great concept behind your project but i must say, that is still the first stage. Of the struggle. But judging by how long you've managed to stick on working with the project, i think you'll be fine. So i wish you good luck and hope for the success of this project. I will be keeping an eye on this project.
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Arvydas77
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November 06, 2017, 11:19:17 AM |
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I still can't find any answer how secure is your software? It is patented and not open source project concentrated mainly on scaling issues. What will be value of Radix if other open source projects could reach the same scaling capabilities?
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bitcoinpaul
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November 06, 2017, 04:57:43 PM |
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No other project can handle 4000 tps decentralized (as it is running right now on the testnet)
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Arvydas77
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November 06, 2017, 05:55:56 PM |
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No other project can handle 4000 tps decentralized (as it is running right now on the testnet)
Yes, I agree but you said now and who knows what will be in the future. I think some projects will go well beyond this level still being "blockchain" and open source. |
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abeke
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November 06, 2017, 06:30:53 PM |
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100k txn/s huge number. Will there be utility tokens? Are you planning public sale or distribution? I haven't heard about your project. But good luck. 5 year it's a long road.
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13Darko
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November 07, 2017, 02:07:33 PM
Last edit: November 07, 2017, 08:26:25 PM by 13Darko |
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No other project can handle 4000 tps decentralized (as it is running right now on the testnet)
Yes, I agree but you said now and who knows what will be in the future. I think some projects will go well beyond this level still being "blockchain" and open source. You can't expect a project build on top of a blockchain technology to have 4000 tps. It's achievable only if it has either a low number of full-nodes (which leads to centralization) or off-chain transactions (which leads to insecurity in general). Some developers move to DAG, but it still has some scalability issues. I may be wrong, but as far as I know, Radix is going to become opensource in a year or so once the project is released to the public. |
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Arvydas77
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November 08, 2017, 07:21:37 PM |
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No other project can handle 4000 tps decentralized (as it is running right now on the testnet)
Yes, I agree but you said now and who knows what will be in the future. I think some projects will go well beyond this level still being "blockchain" and open source. You can't expect a project build on top of a blockchain technology to have 4000 tps. It's achievable only if it has either a low number of full-nodes (which leads to centralization) or off-chain transactions (which leads to insecurity in general). Some developers move to DAG, but it still has some scalability issues. I may be wrong, but as far as I know, Radix is going to become opensource in a year or so once the project is released to the public. As I know only first implementations of off-chain transactions could be considered as insecure. It will change over time becoming robust and safe scaling method on blockchain. However, I think that scaling issue is very exaggerated. We should concentrate on security. |
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prettybuds
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November 08, 2017, 10:42:12 PM |
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This is a very interesting project, I started following today! Pretty excited about it
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Raffielo
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Merit: 10
Blocklancer Freelance on the Blockchain
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November 08, 2017, 11:14:50 PM |
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Congrats Dan.  Great to see the whitepaper out and am currently trying wrap the tech around my head. After scanning the white paper, is this a new way of creating a faster distribution of information? It would serve the public good to ‘also’ explain this proposed white paper in a non-computer jargon filled language, since people without computer knowledge haven’t a clue what this is about ... |
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