[ANN] PiNX :: descendant of NXT — So much YUM

[PiNX]

Ok, I am really confused...is this just for other coin developers? Oh am I just creating this dummy post as a publicity stunt...because I thought that PiNX was a real project...was it just for this and is not a real coin?? Please explain a little more...

The PiNX currency is just as real as any other Nxt clone at this stage.  Still much work to be done, and there is a inherent risk in getting involved so early.

The project is real -- I want to make it happen.  I believe in the equitable distribution model, I believe in power efficient platform, I believe in the enhanced security in running on a dedicated Linux platform, and I believe in sharing my work.

The PiNX project is based upon open source ideals, and is friendly to our parent currency NXT.  All of our work will be shared so that NXT and its clones can copy or reproduce.

[Warning__3]

First "2nd gen" coin that got my attention!

[miramare]

Interested!

BTW, why can a newbie post here?

[PiNX]

BTW, why can a newbie post here?

Why not?  When the time is right, I expect to see a lot of newbie's here.  Promotion around the web had not started since there is nothing yet to promote.

[miramare]

how many yummie do we get?

Mmm, yummies -- I like it!  Name reserved for fractional denominations.  (0.0001 PiNX == 1 Yummie, or something like that )

The amount each individual will get is dependent on the number of stakeholders who sign up during the registration period, which runs from February 14th to March 23rd.

Your stake will equal:
1,000,000,000 / # of initial stakeholders.

Each gets equal Yummie?  Emm~~ Sounds Good!
Just order a pi B and a SD card.

[miramare]

BTW, why can a newbie post here?

Why not?  When the time is right, I expect to see a lot of newbie's here.  Promotion around the web had not started since there is nothing yet to promote.

I just noticed the titles of us changed.  I'm newbie now.... Umm   

[Legcorner]

I wish to make it VERY CLEAR:
Attempts to register multiple times will very likely be caught and you will be refused entry into genesis block.  Computer systems, networks, and peripherals contain many 'fingerprints', which will be used for taint detection.

Please respect the goal for equitable distribution.

What if more than one person in one household have accounts in this forum and pis they want to use for this?

How will you figure out if a account is a sock puppet or an indivdual?

[PiNX]

What if more than one person in one household have accounts in this forum and pis they want to use for this?

How will you figure out if a account is a sock puppet or an indivdual?

Your points are valid and well taken.  I am open to suggestions.

The easiest answer that I can see is to stick to a 1 Raspberry Pi to 1 Bitcointalk account paradigm.  This opens the door to allow the same person with multiple accounts AND multiple Raspberry Pi's to gain additional initial stake equity.

Part of me says, 'so be it'.  It is the simplest solution, and requires a larger commitment.

What do you guys think? Is there a good way to solve this problem? Is 1 Pi to 1 account fair?


EDIT: One Raspberry Pi to one Bitcointalk account will be the method for acquiring stake in initial distribution

[CycleSurfer]

What if more than one person in one household have accounts in this forum and pis they want to use for this?

How will you figure out if a account is a sock puppet or an indivdual?

Your points are valid and well taken.  I am open to suggestions.

The easiest answer that I can see is to stick to a 1 Raspberry Pi to 1 Bitcointalk account paradigm.  This opens the door to allow the same person with multiple accounts AND multiple Raspberry Pi's to gain additional initial stake equity.

Part of me says, 'so be it'.  It is the simplest solution, and requires a larger commitment.

What do you guys think? Is there a good way to solve this problem? Is 1 Pi to 1 account fair?

From a previous post, it was mentioned the IP address will also be used to identify uniqueness -- to keep it limited to one individual at a time.  If that's still the case, some precautions can be taken to prevent people from using Tor, Hotspot Shield, Kiss, etc.  I know definitely that there are ways to detect if these tools are being used but do not know how.

[Legcorner]

Your points are valid and well taken.  I am open to suggestions.

The easiest answer that I can see is to stick to a 1 Raspberry Pi to 1 Bitcointalk account paradigm.  This opens the door to allow the same person with multiple accounts AND multiple Raspberry Pi's to gain additional initial stake equity.

Part of me says, 'so be it'.  It is the simplest solution, and requires a larger commitment.

What do you guys think? Is there a good way to solve this problem? Is 1 Pi to 1 account fair?

I don't have any suggestions because I’m not an expert in such things I just want to add that this issue will also affect students in dormitories because I think that they all have the same IP. At least this is in Germany the case.
Maybe it is best to the use the described paradigm. 

[Rhesus]

What if more than one person in one household have accounts in this forum and pis they want to use for this?

How will you figure out if a account is a sock puppet or an indivdual?

Your points are valid and well taken.  I am open to suggestions.

The easiest answer that I can see is to stick to a 1 Raspberry Pi to 1 Bitcointalk account paradigm.  This opens the door to allow the same person with multiple accounts AND multiple Raspberry Pi's to gain additional initial stake equity.

Part of me says, 'so be it'.  It is the simplest solution, and requires a larger commitment.

What do you guys think? Is there a good way to solve this problem? Is 1 Pi to 1 account fair?

The question is, will more Pis be good for the network? The answer should be yes, so it should be allowed. Though the number of Pis per IP should be limited, to prevent someone with easy access to a lot of Pis gaining an unfair advantage (universities, companies etc.)

You could check the uptime of the client so people can't just reconnect their router to get a new IP. Something like 'the client has to be online for at least 2/6/24/? hours uninterrupted to qualify for a stake.'

[notsoshifty]

how many yummie do we get?

Mmm, yummies -- I like it!  Name reserved for fractional denominations.  (0.0001 PiNX == 1 Yummie, or something like that )

Excellent!

Bitcoin has its satoshis.
NXT has its beyoncés.
PiNX has its yummies!

Nice.

[superresistant]

What if more than one person in one household have accounts in this forum and pis they want to use for this?
How will you figure out if a account is a sock puppet or an indivdual?

Your points are valid and well taken.  I am open to suggestions.
The easiest answer that I can see is to stick to a 1 Raspberry Pi to 1 Bitcointalk account paradigm.  This opens the door to allow the same person with multiple accounts AND multiple Raspberry Pi's to gain additional initial stake equity.
Part of me says, 'so be it'.  It is the simplest solution, and requires a larger commitment.
What do you guys think? Is there a good way to solve this problem? Is 1 Pi to 1 account fair?

The question is, will more Pis be good for the network? The answer should be yes, so it should be allowed. Though the number of Pis per IP should be limited, to prevent someone with easy access to a lot of Pis gaining an unfair advantage (universities, companies etc.)
You could check the uptime of the client so people can't just reconnect their router to get a new IP. Something like 'the client has to be online for at least 2/6/24/? hours uninterrupted to qualify for a stake.'

I wouldn't mind increasing the limit of 1 Pi per individual...

[theFork]

i dont think there are 2,000,000 people in BTC talk....so not sure how you are going to get 2,000,000 people in genesis block

[MACROMOLECULE]

What is the plan if the 2,000,000 person start isn't met? what if you only have 1,000 people? I'm sincerely interested in the coin but I'm also being realistic in thinking that it will be VERY difficult to get that many people to start.  I don't even know if 2,000,000 Pi's have been produced.

[pinarello]

What is the plan if the 2,000,000 person start isn't met? what if you only have 1,000 people? I'm sincerely interested in the coin but I'm also being realistic in thinking that it will be VERY difficult to get that many people to start.  I don't even know if 2,000,000 Pi's have been produced.

http://en.wikipedia.org/wiki/Feeding_the_multitude

[panonym]

I'm in.

If 100% PoS, how is made the original distribution?
Have to stake on something.

----

edit:
After thinking for 2 minutes:
linking RasPi hardware to user login is very bad!
Pseudonymity is not perfect. No need to make it worst.
Linking hardware to username also link their IP and localisation.
I don't like that.

Use something NEM-like.
Earlier poster in this thread (with 10~20 minimum message) qualify for a share of the YUM (or PiNX unit).
Should not be a problem to split one's YUM in 2 to run 2 RasPi.
(It secure the network even more, perhaps. More decentralized)

I'd like OP return on this [distribution model & no-link].

----

more:
You wish to rely on a single hardware IP for distribution.
Point is for everyone to receive an even share I guess.
Using bitcointalk.org login seem more convenient than hardware ID.
At worst some will start mining/printing while other await for their RasPi to arrive.
I don't see that as a big problem.

Fairness is good to have in mind, but 2 millions people at start is just not realist...
Take 1000~4000 people. Already amazing.

I hope you are serious w/skill, and not delusional.
That's a great idea.

[twistelaar]

Yes Im in, when is the release date?

[cntrlsquare]

count me in too.  I have a Pi that i have not put to good use yet...

[PiNX]

It's great to see so much interest in PiNX!

I've been working to get some things in place, and will have more information soon.  Hold tight and watch this thread for updates.

Here to answer some questions:

The question is, will more Pis be good for the network? The answer should be yes, so it should be allowed. Though the number of Pis per IP should be limited, to prevent someone with easy access to a lot of Pis gaining an unfair advantage (universities, companies etc.)

You could check the uptime of the client so people can't just reconnect their router to get a new IP. Something like 'the client has to be online for at least 2/6/24/? hours uninterrupted to qualify for a stake.'

Yes, more Pis will be good for the network.  One Raspberry Pi per Bitcointalk account will be the method for distribution of original stake.  IP addresses or other 'fingerprints' will not be checked.

What is the plan if the 2,000,000 person start isn't met? what if you only have 1,000 people? I'm sincerely interested in the coin but I'm also being realistic in thinking that it will be VERY difficult to get that many people to start.  I don't even know if 2,000,000 Pi's have been produced.

LOL, agreed!  2,000,000 is unrealistic.  Point of emphasis is to include as many people in original distribution as possible, nothing more.

If 100% PoS, how is made the original distribution?
Have to stake on something.

Stake is a Raspberry Pi.

linking RasPi hardware to user login is very bad!
Pseudonymity is not perfect. No need to make it worst.
Linking hardware to username also link their IP and localisation.
I don't like that.

Use something NEM-like.
Earlier poster in this thread (with 10~20 minimum message) qualify for a share of the YUM (or PiNX unit).
Should not be a problem to split one's YUM in 2 to run 2 RasPi.
(It secure the network even more, perhaps. More decentralized)

I'd like OP return on this [distribution model & no-link].

Nothing is perfect, and Proof-of-Stake distribution is difficult without some level of trust.  All that will be collected is Raspberry Pi CPU serial number and Bitcointalk user account.  Source code will be available for the registration program before release.  Participation is voluntary, so if anything about the process makes you uncomfortable, you are welcome to skip this project.

more:
You wish to rely on a single hardware IP for distribution.
Point is for everyone to receive an even share I guess.
Using bitcointalk.org login seem more convenient than hardware ID.
At worst some will start mining/printing while other await for their RasPi to arrive.
I don't see that as a big problem.

Single IP has problems with large NAT networks, and MAC addresses can be faked.  Bitcointalk.org logins are easily spammed.  Use this account as an example.  The PiNX user was created specifically to launch this project.

I hope you are serious w/skill, and not delusional.
That's a great idea.

My skills are centered around embedded Linux development, C programming, and Linux administration.  I am only slightly delusional tackling a project like this
I acknowledge that I will not be able to do everything that is required for this project, and will require community support.

Yes Im in, when is the release date?

There is a tentative development schedule shared in the original post.  The only hard dates are Feb 14th to March 23rd -- This period will be genesis registration.  Some of the other dates are likely to shift around.  For instance, I expect to have a website in place before February 9th.

Well, what can I do?...im IN

Watch this thread for now.