benthach
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October 09, 2019, 09:39:49 AM |
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the altcoins season is about to start y'all, winter is coming!
winter usually good for crypto.
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reddit btcwriter1 - twitter kingpininvestor
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tbct_mt2
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October 09, 2019, 12:43:02 PM |
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the altcoins season is about to start y'all, winter is coming!
winter usually good for crypto.
It is too soon to call Winter is coming. We have still been at very very early days of altcoin season. Winter will come to us, sure, but not in coming weeks. In addition to this, there is another plus point for altcoin enthusiasts, next year will be an amazing year of crypto market, not only for bitcoin, but also for altcoins too. Enjoy the altcoin season, for now and coming weeks, try to take profits at as highest prices as possible, waiting patiently to buy at as lowest prices as possible, and waiting patiently again for next year altcoin bull run. |
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bitcoin_age
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Activity: 276
Merit: 13
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October 12, 2019, 11:32:06 AM |
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Cakalasia
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October 14, 2019, 04:17:52 AM |
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You should make your own announcement thread about your game and not by posting it here. it will never help since not all of ETH holder visit this thread. |
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satcomcom
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October 16, 2019, 01:56:18 AM
Last edit: October 16, 2019, 10:24:26 PM by satcomcom |
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Recently, there has been a lot of talk about the problems of scalability, centralization, efficiency and vulnerability of the ethereum blockchain,so I decided to offer a very simple and clear logic for solving these problems.
We form a group, for example, of three parallel chains with mirroring of all transactions but with different mining algorithms using hash fragments from several blocks along the time axis (time protector) and mining fragments of hashes from blocks of parallel chains (synchronization protector).
A network is formed by a set of chain groups scaling performance with a common native token,shared addressing,reward shared evenly within the network divided into groups,for example, 2000 groups of 3 parallel chains get 6,000 chains in total, with a block time of 15 seconds, we have up to about 15,000 TpS performance in the form of an already dynamic range of performance.
It is worth using a deposit contract to authorize miners for a variety of reasons
Disadvantage:to run, we need at least 6,000 miners online constantly, but for a developed network this is not a problem, it’s backward compatible addressing for platform migration
Benefits:
1. A solution to scalability as addressing will remain backward compatible with network growth
2. Solving the centralization problem since the network is actually a pool and itself shares the task between clients reducing
the difficuty of mining and, accordingly,greatly increasing energy efficiency per operation
3. The solution to the storage problem since each chain only stores a piece of data duplicated on other chains, by other mining
algorithms
4. Hybrid PoW / PoS mining as the miner authorization deposit contract carries PoS function
5. The network absorbs the native token inside the network in proportion to the growth in the number of miners, which will be
the balancing act between the inflationary and deflationary models.
6. Hybrid multi-algo mining that will solve the conflict of interest between manufacturers and owners of various equipment
7. The network is resistant to attacks such as attack 51, quantum computer, and so on.
Many associated economic and logical benefits ...
I would be grateful for your opinion and constructive criticism.
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Stamps are put by people who are not able to write, and it happens that they can’t read either ...
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whotheff
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October 16, 2019, 08:15:45 AM |
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Recently, there has been a lot of talk about the problems of scalability, centralization, efficiency and vulnerability of the ethereum blockchain,so I decided to offer a very simple and clear logic for solving these problems.
We form a group, for example, of three parallel chains with mirroring of all transactions but with different mining algorithms using hash fragments from several blocks along the time axis (time protector) and mining fragments of hashes from blocks of parallel chains (synchronization protector).
A network is formed by a set of chain groups scaling performance with a common native token,shared addressing,reward shared evenly within the network divided into groups,for example, 2000 groups of 3 parallel chains get 6,000 chains in total, with a block time of 15 seconds, we have about 30,000 TpS of performance.
It is worth using a deposit contract to authorize miners for a variety of reasons
Disadvantage:to run, we need at least 6,000 miners online constantly, but for a developed network this is not a problem, it’s backward compatible addressing for platform migration
Benefits:
1. A solution to scalability as addressing will remain backward compatible with network growth
2. Solving the centralization problem since the network is actually a pool and itself shares the task between clients reducing
the difficuty of mining and, accordingly,greatly increasing energy efficiency per operation
3. The solution to the storage problem since each chain only stores a piece of data duplicated on other chains, by other mining
algorithms
4. Hybrid PoW / PoS mining as the miner authorization deposit contract carries PoS function
5. The network absorbs the native token inside the network in proportion to the growth in the number of miners, which will be
the balancing act between the inflationary and deflationary models.
6. Hybrid multi-algo mining that will solve the conflict of interest between manufacturers and owners of various equipment
7. The network is resistant to attacks such as attack 51, quantum computer, and so on.
Many associated economic and logical benefits ...
I would be grateful for your opinion and constructive criticism.
I like your Idea. Here are my questions: 1. How much would it cost? 2. Who will manage/monitor/develop/fix it? What if some of these people has bad intentions? 3. Isn't it going to make the network too complex? |
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satcomcom
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October 16, 2019, 08:53:05 AM |
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I like your Idea. Here are my questions:
1. How much would it cost?
2. Who will manage/monitor/develop/fix it? What if some of these people has bad intentions?
3. Isn't it going to make the network too complex? 1. The cost of developing a client for this logic, according to my estimates, is comparable to developing a torrent client but is easier due to the modular structure of the task 2. Manage, as a rule, through the repository. It is more correct to even integrate the update feed into the client As for bad intentions, such a network logic is protected incomparably stronger than the traditional blockchain due to the monolithic structure of the network logic and redundancy of information Already it will not work to vote when buying a hashrate on pools, you will need a distributed vote throughout the network right away 3. The logic of the blockchain is based on an addressing system. Block mining is actually only encapsulation with a security function and the location of these blocks parallel to the time axis by one chain, cascade or stack does not affect the execution of the code in any way. Addressing will always be backward compatible since it is only necessary to address the code already saved. In the future of addresses, the logic of code execution cannot be guided in principle. In fact, working with the network will become easier thanks to the modular structure. |
Stamps are put by people who are not able to write, and it happens that they can’t read either ...
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Piston Honda
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Merit: 1064
Juicin' crypto
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October 16, 2019, 02:42:10 PM |
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how them broken promises coming along for you?
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$ADK ~ watch & learn...
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JollyGood
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Merit: 1714
Top Crypto Casino
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October 16, 2019, 03:31:39 PM |
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how them broken promises coming along for you? Vitalik Buterin (the OP) last logged in here in June 2016. I wonder how he would answer your question. |
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satcomcom
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October 16, 2019, 04:10:02 PM |
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how them broken promises coming along for you?
In the sense of? What promises are we talking about? |
Stamps are put by people who are not able to write, and it happens that they can’t read either ...
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mobilestrike
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October 16, 2019, 06:59:03 PM |
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how them broken promises coming along for you? Vitalik Buterin (the OP) last logged in here in June 2016. I wonder how he would answer your question. He is now a well known person and all of the people who know about cryptocurrencies know about his social media accounts and go to contact with him there that is why he remain active there mostly to be in contact with people. You can go to his twitter account and try to contact with him. I hope he will contact you and will answer your question. |
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rz20
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Activity: 1330
Merit: 1001
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October 17, 2019, 04:37:14 AM |
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the altcoins season is about to start y'all, winter is coming!
winter usually good for crypto.
Hopefully, this winter is going to finally push a bull run on the altcoins. A bit tired of HODLing for so long now I need a good price action on the bags I am holding lol. |
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benthach
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Activity: 1764
Merit: 1000
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October 17, 2019, 05:28:42 AM
Last edit: October 17, 2019, 05:39:08 AM by benthach |
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how them broken promises coming along for you? Vitalik Buterin (the OP) last logged in here in June 2016. I wonder how he would answer your question. back then he's living in his mom basement and he'd to hitchhiking to bitcoin events, now he's a multi-millionaires by paying people to make/code nick szabo idea to reality. oh, and people making millions/billions by pumping eth are now worshiping him like god. back then he's just a no one, now he's like god because most people in crypto land owe him a lot as they're too millionaire out of nothing. you can google nick szabo if you don't know him. |
reddit btcwriter1 - twitter kingpininvestor
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benthach
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October 17, 2019, 05:45:38 AM
Last edit: October 17, 2019, 06:47:40 AM by benthach |
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the altcoins season is about to start y'all, winter is coming!
winter usually good for crypto.
Hopefully, this winter is going to finally push a bull run on the altcoins. A bit tired of HODLing for so long now I need a good price action on the bags I am holding lol. in order for this to happen, first, people need to stop dumping altcoins and stop thinking the world is going to end when bitcoin is dumping. second, people need to think beyond this no light, never ending tunnel smart contracts and ico craps. people need to stop scams and make money out of people with these ico craps, rather focus making money with something like dapp. in dapp purchase like android or apple apps, or example is fortnite in game purchasing. instead of purchasing in game goods/stuffs with credit card or paypal, use blockchain/crypto. i already see this in eos but none of the dapps going/doing big yet. i personally think something big will happen soon in cryptoland and sorry to say it will not be on ethereum network. ethereum is stuck with smart contracts and scam ico's for now, oh, and network bottleneck... the reason altcoins and crypto slump right now people are looking for direction, something big. again and again, this smart contracts and scams ico/eco/tco/kco/xxxo are overrated! you should know and i should know better the scams would not sustain forever when 99.999% of these are disappeared/stand still/have no clue/doing nothing after the forked/ after they're making/secured the moola most are gone, to create another scam |
reddit btcwriter1 - twitter kingpininvestor
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DMDCreeper
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October 17, 2019, 08:51:58 AM |
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Is there any open source pool software for Ethereum Proof-of-Stake? I want try to play with it in testnet
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MATHReX
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October 17, 2019, 07:16:34 PM |
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Is there any open source pool software for Ethereum Proof-of-Stake? I want try to play with it in testnet
No, there isn't but you can search for rocketpool and use their beta version to check out how it will actually work and the pool implementation of it. |
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rz20
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Activity: 1330
Merit: 1001
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October 18, 2019, 04:39:25 AM |
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the altcoins season is about to start y'all, winter is coming!
winter usually good for crypto.
Hopefully, this winter is going to finally push a bull run on the altcoins. A bit tired of HODLing for so long now I need a good price action on the bags I am holding lol. in order for this to happen, first, people need to stop dumping altcoins and stop thinking the world is going to end when bitcoin is dumping. second, people need to think beyond this no light, never ending tunnel smart contracts and ico craps. people need to stop scams and make money out of people with these ico craps, rather focus making money with something like dapp. in dapp purchase like android or apple apps, or example is fortnite in game purchasing. instead of purchasing in game goods/stuffs with credit card or paypal, use blockchain/crypto. i already see this in eos but none of the dapps going/doing big yet. i personally think something big will happen soon in cryptoland and sorry to say it will not be on ethereum network. ethereum is stuck with smart contracts and scam ico's for now, oh, and network bottleneck... the reason altcoins and crypto slump right now people are looking for direction, something big. again and again, this smart contracts and scams ico/eco/tco/kco/xxxo are overrated! you should know and i should know better the scams would not sustain forever when 99.999% of these are disappeared/stand still/have no clue/doing nothing after the forked/ after they're making/secured the moola most are gone, to create another scam Well, I kinda agree with you using blockchain on in-game purchasing would be a game-changer. But I still think once ETH gets converted to the PoS mechanism we would see some good price movement. Maybe after that something innovative will follow lol |
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JanpriX
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October 18, 2019, 06:13:00 PM |
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Well, I kinda agree with you using blockchain on in-game purchasing would be a game-changer. But I still think once ETH gets converted to the PoS mechanism we would see some good price movement. Maybe after that something innovative will follow lol
Actually, I'm quite intrigued on what will be the effect of PoS mechanism once its implemented regarding to its price movement and project growth overall. But, honestly, is there any timeline on when this will be implemented? I know that there are technical challenges but why are they taking so long? Hey, I'm not negative regarding my comments. I just wanted some additional information regarding the planned POS mechanism.  |
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rz20
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October 19, 2019, 04:51:32 AM |
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Well, I kinda agree with you using blockchain on in-game purchasing would be a game-changer. But I still think once ETH gets converted to the PoS mechanism we would see some good price movement. Maybe after that something innovative will follow lol
Actually, I'm quite intrigued on what will be the effect of PoS mechanism once its implemented regarding to its price movement and project growth overall. But, honestly, is there any timeline on when this will be implemented? I know that there are technical challenges but why are they taking so long? Hey, I'm not negative regarding my comments. I just wanted some additional information regarding the planned POS mechanism. As far as I know, they are planning to launch the phase 0 of ETH 2.0 on Jan 3rd 2020. As to why they are taking so long to I have no idea lol. If you want to know more maybe you can read this article by the cointelegraph. |
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scambust
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October 20, 2019, 04:42:05 PM |
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Well, I kinda agree with you using blockchain on in-game purchasing would be a game-changer. But I still think once ETH gets converted to the PoS mechanism we would see some good price movement. Maybe after that something innovative will follow lol
Actually, I'm quite intrigued on what will be the effect of PoS mechanism once its implemented regarding to its price movement and project growth overall. But, honestly, is there any timeline on when this will be implemented? I know that there are technical challenges but why are they taking so long? Hey, I'm not negative regarding my comments. I just wanted some additional information regarding the planned POS mechanism. As far as I know, they are planning to launch the phase 0 of ETH 2.0 on Jan 3rd 2020. As to why they are taking so long to I have no idea lol. If you want to know more maybe you can read this article by the cointelegraph. I could tell you examples of several coins that went from Proof of Work to Proof of Stake here in Bitcointalk but they are all mostly mining pump and dumps. The scheme was coins were either pre-mined, allocated or developer-biased mining. Miners mine for the first two weeks or so and then switches to PoS. Of course, because the insider miners received the most coins, they pump up the coin in Bittrex or Poloniex upon coin listing and then dump their large stacks onto unsuspecting buyers. But in ETH's case, it is already years of PoW before switching to PoS. I think at first there will be hype and then back to the old prices. |
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