DilithiumCoin (OP)
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March 17, 2019, 11:06:34 PM Last edit: January 22, 2020, 07:10:58 AM by DilithiumCoin |
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Introducing: The Dilithium Project Augmenting the Augmented World | Introduction
The Dilithium Project was created to promote wide acceptance of Augmented Reality Technologies by the general marketplace. Building upon existing work in the Augmented Reality Industry, the Dilithium Team is creating the infrastructure to allow a federated network of content providers to connect with their consumers while being compensated for their services in a true merit-based economy. Our vision is to take Augmented Reality out of the realm of simple novelty, and to help make the technology as ubiquitous as mobile devices or the Internet, all while providing an ecosystem the fledgling AR hardware industry can grow into.
The Problem of Making Augmented Reality Ubiquitous for Consumers
Currently, most Augmented Reality platforms closely tie content to proprietary display platforms; with AR applications taking complete control of users’ virtual screens to deliver their content. Be it a game like Pokemon Go, an interior decoration design application, or a vehicle navigation system, users have to choose one application from a restricted list of compatible software to use at a time. Standards bodies are working to establish protocols to allow software compatibility across a broader range of devices, but hardware compatibility is only part of the problem consumers face in the market. The larger problem of exclusive use of virtual displays has yet to be addressed, and that limitation can easily give rise to monolithic (and monopolistic) applications that restrict users’ access to exactly the content they want. Since the space available in the virtual screen is very limited without blocking each user’s field of view, the ability to exercise a high degree of control over what is displayed and where it is seen is significant to user acceptance of AR technology for daily use.
The Dilithium Project was created to specifically address the issue of user choice and customization. Our approach is to provide a shared viewing space, where users can pick and choose exactly the content they want, and control exactly where they see that content. Content is broken down into small pieces of information and delivered via screen widgets; and can give users a high degree of control over customization and context of use. This approach has the advantage of giving users both the choice of what content they want to see, and the choice of who provides that content. By separating content into smaller pieces, Dilithium creates a competitive ecosystem where the best and most reliable content providers rise to the top of the market by merit; and not by seizing control of users’ entire virtual screens.
In addition to providing pathways to content users chose for their “home” view, the Dilithium Display Manager (DDM) will allow for specialized silo applications to be quickly switched into and out of view, or overlapped to provide hybrid content at the same time.
An example of this approach might be to combine a navigation system for drivers with an application that identifies buildings or points of interest along the driver’s path. Another combination of layers might guide users walking through a city street while identifying other members of a shared community. No matter the combination of services, no matter the cost of services used, this layered approach to content presentation is at the complete control of the individual user.
Beneath this display management layer is the second part of the Dilithium Platform, the Dilithium Services Manager (DSM). The DSM tracks which services are consumed by a user, and is able to provide fractional payments for the use of those services. Services can be delivered for free, through the use of a subscription, or on a per-use basis. All three payment models are supported by the DSM, and Dilithium Coin acts as the unit of exchange across the entire ecosystem. Users will have the choice of earning Dilithium Coins (XDH) by participating in operation of the network via staking or operating masternodes, purchasing XDH through one of our partner exchanges, or being paid by advertisers for viewing target content on their desktop or mobile devices. Additionally, the Dilithium Team will be working with hardware manufacturers to provide Dilithium Coins to their customers, and our business development group will seek multiple corporate sponsorships to provide additional liquidity for the coin.
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| How Masternodes are Severely Underused
When the Dash Development team originally created the concept of blockchain masternodes, the notion of always on service nodes for a blockchain seemed like an excellent idea. Create a network of 24/7 service wallets to provide additional features for the blockchain, require a certain level of collateral as commitment to the chain, and create incentives for supporters of the chain to create and maintain these nodes by rewarding them with a percentage of each block reward. This would provide the blockchain with a set of workhorse servers to secure and stabilize the network.
Sadly, for almost all blockchains that include masternodes in their architectures, the reality of masternodes as productive network members has fallen far short of their intended purpose. Very few additional features have been delegated to masternode networks, no accountability has been put in place to police masternodes, and the entire concept of masternodes has effectively become little more than a clever marketing gimmick for locking up coins and providing access to masternode rewards for investors.
What will make Dilithium different?
The Dilitium Developers saw the current masternode landscape as a tragic missed opportunity, and are planning for masternodes to play a much larger role in the Augmented Reality ecosystem.
For Dilithium to properly assist the huge number of worldwide clients anticipated as Augmented Reality reaches mass adoption, the Display and Services Managers layer of our ecosystem needs to exhibit the following key properties:
- Autonomous
- Decentralized Services
- Zero Downtime
- Reliably stable services connected to the blockchain
- Scalability
- The ability to provide server-side computational power for “light” clients, like mobile platforms (the ability to delegate work in a way that does not allow abuse)
The rationale for this architecture is simple – Augmented Reality applications can be computationally expensive, and are limited on everyday devices like mobile phone, tablets, and wearables. To deliver useful AR content and services to a wide audience via these platforms requires a fast, powerful, and reliable services layer; a layer that masternodes are ideally suited to provide.
With that said, here are a few of the problems the Dilithium Team has identified with current masternode architectures, and our proposed solutions and goals for Dilithium nodes:
Problem: Masternode Lists are Non-deterministic – Beyond registration of collateral, registration and operation of masternodes take place outside of the blockchain; severely limiting how masternode lists, rewards, and governance are managed.
Solution: Dilithium will introduce new on-chain technology to make masternode lists fully deterministic. Masternode activations will be written directly to the blockchain; creating a single source for consensus regarding the currently valid masternode list.
Problem: No verification of masternode service – This is what the Dilithium Team calls The Lazy Masternode Problem. Beyond the activation and registration of a masternode on the network, there is little-to-no actual verification that a masternode is actively participating (or even capable) in providing service to the network. This is a critical weakness that can allow bad actors to exploit the trust given by the network to receive rewards without providing the services for which they’re being paid.
Solution: Dilithium will implement its own Proof of Service architecture to test and verify that every masternode on the valid list meets minimum performance criteria, and is actually carrying its share of network service loads. Masternodes that fail these verifications will lose their active status, and be dealt with in a manner that makes it prohibitively expensive to attempt to game the verification system.
The overall goal of the Dilithium Team is to radically extend the functionality and reach of current masternodes by introducing a delegated work system via our Decentralized Delegated API (ddAPI). This API, when backed by an army of verified and powerful network servers, will make up the core functionality for allowing features and data to flow through the Dilithium Display and Service Managers to each end user. In the Dilithium network, masternodes will fully earn their rewards and provide levels of scalability that will be able to keep pace with the enormous number of transactions required by our Augmented Reality services platform.
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Dilithium Coin Specs. Coin Name | Dilithium | Ticker | XDH | Algorithm | Double SHA256/POS | Block Reward | 0.25-2.16 XDH | Masternode Collateral | 1,000 XDH | Masternode Reward | 80% | Staking Reward | 15% | Development Treasury | 5% | Block Time | 1 Minute | Coin Maturity | 170 Blocks | Total Supply | 10 Million XDH | Premine | 250,000 XDH (2.5%) | P2P Port | 8680 |
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