[ANN] ₩orldo -The World Currency. Botnet proof. CPU only. (Alpha)

[travel-trousers]

Current crypto code has:

• no conception of "closest nodes"
• no way to "split the work between" nodes
• no way to "lost the block" if it was already added to blockchain
• ...

You must first define these concepts and create a way to implement them; writing some common words is not enough.

A major part of the problem is thinking of a solution to the problem while actually giving that solution to the hacker at the same time. You have to think how someone will try to exploit the idea with superior resources...

Anyway, antibotnet white paper v0.6 added with 'solutions' to the first two issues. www.worldo.org/botnet.pdf Clients check if they're in the same hemisphere as the winning miner, same time zone and then if they have a close IP. Nearest ones then all query the winner at the same time.

This all adds a slight overhead to the system over other cryptos but is still decentralised and better than competing with a multi-million strong botnet...

Extra shares for comments about v0.6!

[MysticDOGE]

Nice and extensive OP. Im have this one on my watchlist. I wish the dev's the best and I might join in too (mining and spending!)

[lamosty]

wierdo

[travel-trousers]

wierdo

www.youtube.com/embed/SXBR96Z8_e8

We like it too!   

[noobster]

launch date? so is this coin decentralized? if so, by what means? thanks

[xibeijan]

I'll have some of that 4%.

Thanks!

[JamesOng]

like the ideas of this coin:)

[Tasunko]

im very interested in this coin!

signature, done

[anonimus]

Nice coin.
signature, done

[travel-trousers]

launch date? so is this coin decentralized? if so, by what means? thanks

When it's done...

Decentralised like every cryptocurrency, peer to peer nodes....

[MsCollec]

interesting concept.

[SlidingHorn]

Great coin guys.

Very original and "smart" idea.

Yeah, you even copied our CSS for the website. Very honest of you, guys.

Ouch. Can you explain this to us? Theft of another coin's site code is not a great way to start building trust.

I like how this somehow keeps conveniently getting sidestepped... 

[gu7008]

Interesting..   
Seems there are someone doing some real work to complete the project

[travel-trousers]

Ouch. Can you explain this to us? Theft of another coin's site code is not a great way to start building trust.

I like how this somehow keeps conveniently getting sidestepped...  
[/quote]

I'll quote myself from several days ago...

That was unfortunate. When you say to someone 'build us a landing page just like this one' you don't expect they will make it more like the original than it should be... :p

Pay peanuts, get monkeys... all the css code is gone now.

And the 'code' was 9kb of CSS which made the logo 'pop'... hardly the end of the world for an open source project...

[elrugrim]

Keep on posting those updates to the white paper, its an interesting read

[mikal]

Great idea! I hope it works.

However, you should post the expected release date. Is it this week? This month? Sometime this year? "When it's done"?

Also, how much disk space do you expect to use? I would not give any coin more than 20GB of my precious HDD. Even bitcoin.

I don't think you can tune the delay to achieve two goals: make it impossible for botnet to exchange information (~4*transmit time) and make it possible for slow nodes to successfully transmit a block (sometimes 200ms to geographically near location is not that unusual). Maybe there is a solution: the operation required should consume CPU cycles and cannot be precomputed - e.g. take 1 second on an average (need to define "average") CPU (or maybe varying time?). The time to respond should be consistent with hashrate and network speed. Example: take fragments a, b, c, compute N*sha256 of them, some bits of this result point to fragments d,e,f, compute M*md5 of them, and so on.

[travel-trousers]

I don't think you can tune the delay to achieve two goals: make it impossible for botnet to exchange information (~4*transmit time) and make it possible for slow nodes to successfully transmit a block (sometimes 200ms to geographically near location is not that unusual).

Its something we're thinking about, we might require clients with very slow connections (ie Africa) to transmit more confirmations at a time. Since most clients will be connected through their ISP since they will be sharing IP ranges I think most confirms will be rather fast.... testing will tell us.

Also, how much disk space do you expect to use? I would not give any coin more than 20GB of my precious HDD. Even bitcoin.

The blockchain will be as big as the block chain gets, there isn't much we can do about that... although with an wallet like electrum you wouldn't have to download it all. I wouldn't be too concerned about the size just yet, BTC is still only around 14gb. You will be required to use a 8Gb USB stick for farming however.

[grex]

Sounds interesting. When will the coin be released?

[chuck_0]

When will it be released ? I'm interested in this new coin. I like the white paper.

[travel-trousers]

When will it be released ? I'm interested in this new coin. I like the white paper.

Since this isn't a clone coin it will take a while... patience please...