CIYAM
Legendary
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Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
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February 26, 2014, 11:00:19 AM |
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That's not how the nxt forging algorithm works.
You are looking for the maximum of random number * balance to get the winner where you really should calculate the minimum of random number / balance and let the minimum win.
I think that how you choose the winner is irrelevant - it is only the probabilities that matter here. |
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igmaca
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February 26, 2014, 11:00:39 AM
Last edit: February 26, 2014, 12:19:52 PM by igmaca |
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I would like introduce to the discussion the concept of sharing fees when small account decide to use a pool for receive fees more frequently over time.
Everybody talks about "leasing forging power of a account to another account to create pools". This involves reducing the number of nodes to the number of pools.
I maintain that it is better to keep the funds and forging power of each small account in the small account node
Is Not better the concept of sharing fees if your account is successful and forge?
who can refute my idea?
Dafuq did you just say (once again)? o_0 1.000.000.000 Nxt Coin 100.000 Nxt Coin per pool John account 90.000 Nxt 0 Node participate in forging Mary account 9.900 Nxt 0 Node participate in forging Bob account 100 Nxt 0 Node participate in forging Total pool 100.000 Nxt 1 Node participate in forging Total 1 Node participate in forgingChance to forge 0,0001 rate forging 1440 blocs per day 52,6 Blocs per year aprox 1 Bloc per week 1.000.000.000 Nxt Coin 100.000 Nxt Coin per pool 10.000 Nodes participate in forgingSharing fees1.000.000.000 Nxt Coin 100.000 Nxt Coin per pool John account 90.000 Nxt 1 Node participate in forging Mary account 9.900 Nxt 1 Node participate in forging Bob account 100 Nxt 1 Node participate in forging Total pool 100.000 Nxt Total 3 Node participate in forging Chance to forge 0,0001 rate forging 1440 blocs per day 52,6 Blocs per year aprox 1 Bloc per week 1.000.000.000 Nxt Coin 100.000 Nxt Coin per pool 30.000 Nodes participate in forging. if there are only three accounts linked per poolI am wrong? |
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BloodyRookie
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February 26, 2014, 11:01:32 AM |
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In your test case with 5 accounts of 10 nxt und 1 account of 50 nxt, the 50 nxt account should forge 61.5% of all blocks and the other account together 38.5%.
But your code let's the big account forge about 83% and thus he creates longer streaks than he really would.
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Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
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mcjavar
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February 26, 2014, 11:01:51 AM |
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- Big stakeholders have an interest in a working Nxt and a high NXT value (or not!) - This can be reached by having a Nxt where no trust is needed (this is the whole point of this crypto) - So, biiiiiiig stakeholders should not exist for their self-interest - But with the ability to split the stake into smaller accounts, big stakeholders can hide themselves - We are doomed I'm confused  Time to sell all your Nxts! I am ready to buy them!  |
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bitcoinpaul
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February 26, 2014, 11:05:09 AM |
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Androklis Polymenis (me) donates a million digital NXT coins to BPF! $43,000. Press release [PDF]: http://goo.gl/t8tWY8 +10 |
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abuelau
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February 26, 2014, 11:05:22 AM |
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- Big stakeholders have an interest in a working Nxt and a high NXT value (or not!) - This can be reached by having a Nxt where no trust is needed (this is the whole point of this crypto) - So, biiiiiiig stakeholders should not exist for their self-interest - But with the ability to split the stake into smaller accounts, big stakeholders can hide themselves - We are doomed I'm confused I personally feel that the stakeholders should be more supporting to the whole community and do more giveaways to people contributing to discussions and people working to build the infrastructure and technology that will make NXT successful in the long run. |
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bitcoinpaul
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February 26, 2014, 11:06:27 AM |
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- Big stakeholders have an interest in a working Nxt and a high NXT value (or not!) - This can be reached by having a Nxt where no trust is needed (this is the whole point of this crypto) - So, biiiiiiig stakeholders should not exist for their self-interest - But with the ability to split the stake into smaller accounts, big stakeholders can hide themselves - We are doomed I'm confused I personally feel that the stakeholders should be more supporting to the whole community and do more giveaways to people contributing to discussions and people working to build the infrastructure and technology that will make NXT successful in the long run. Of course. But we are talking about an important algorithm in Nxt. That's another story. |
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LiQio
Legendary
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Activity: 1181
Merit: 1002
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February 26, 2014, 11:06:53 AM |
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Androklis Polymenis (me) donates a million digital NXT coins to BPF! $43,000. Press release [PDF]: http://goo.gl/t8tWY8 kewl! |
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BloodyRookie
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February 26, 2014, 11:08:13 AM |
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Androklis Polymenis (me) donates a million digital NXT coins to BPF! $43,000. Press release [PDF]: http://goo.gl/t8tWY8 Nice! So you hope that they will preserve your brain when you die? |
Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
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CIYAM
Legendary
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Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
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February 26, 2014, 11:10:03 AM |
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In your test case with 5 accounts of 10 nxt und 1 account of 50 nxt, the 50 nxt account should forge 61.5% of all blocks and the other account together 38.5%.
But your code let's the big account forge about 83% and thus he creates longer streaks than he really would.
So if the figures from the blockchain are correct then the forging algo results look closer to the "log" results even though it is not using "log". Unfortunately I am not sure how to make my simulator work the same - and I am unable to "parse" the Java so if someone could work out a closer simulation we'd be able to continue with this analysis. |
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klee
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Activity: 1498
Merit: 1000
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February 26, 2014, 11:11:18 AM |
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Androklis Polymenis (me) donates a million digital NXT coins to BPF! $43,000. Press release [PDF]: http://goo.gl/t8tWY8 Nice! So you hope that they will preserve your brain when you die? It will be a battle between cryonics and plastination - every technology has advantages and disadvantages. I hope my donation will help to solve some open issues (ie if the connectome is preserved with cryopreservation as in plastination and if any of the two methods preserves microtubules). |
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mcjavar
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February 26, 2014, 11:11:44 AM |
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Come-from-Beyond
Legendary
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Activity: 2142
Merit: 1010
Newbie
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February 26, 2014, 11:12:39 AM |
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What if THEY "read" ur Nxt account passphrase? They will have access to ur brain, right?  |
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klee
Legendary
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Activity: 1498
Merit: 1000
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February 26, 2014, 11:13:08 AM |
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PR guys it is your turn now! |
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klee
Legendary
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Activity: 1498
Merit: 1000
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February 26, 2014, 11:13:57 AM |
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What if THEY "read" ur Nxt account passphrase? They will have access to ur brain, right? Shit, that is bad! Solutions? Maybe a DAC??? Awaken man's switch??  |
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Uniqueorn
Full Member
Offline
Activity: 182
Merit: 100
NXT.org
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February 26, 2014, 11:15:32 AM |
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PR guys it is your turn now! Once again: a really great donation! Your skype bugged out btw. |
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Choboy
Newbie
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Activity: 14
Merit: 0
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February 26, 2014, 11:15:38 AM |
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Great job mate! You helped out a terrific cause and you promoted Nxt in the highest light! |
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BloodyRookie
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February 26, 2014, 11:15:46 AM |
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In your test case with 5 accounts of 10 nxt und 1 account of 50 nxt, the 50 nxt account should forge 61.5% of all blocks and the other account together 38.5%.
But your code let's the big account forge about 83% and thus he creates longer streaks than he really would.
So if the figures from the blockchain are correct then the forging algo results look closer to the "log" results even though it is not using "log". Unfortunately I am not sure how to make my simulator work the same - and I am unable to "parse" the Java so if someone could work out a closer simulation we'd be able to continue with this analysis. Just adjust the code that it looks for the minimum of random number/balance instead of the maximum of random number * balance. |
Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
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