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Author Topic: Idena is the first Proof-of-Person Blockchain  (Read 34265 times)
othell_rogue
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December 17, 2020, 07:59:20 PM
 #1801

Pool operator comment (in Idena Telegram) on your post

I would love it to be true but I don't trust this guys and this whole situation. You know me ... I'm here for more than a year supporting IDENA here on bitcointalk, fighting with every troll, teaching people, explaing why thigs are like they are. But this whole thing doesn't look real. Starting from easy fix that was implemented before validation thanks to volunteer that showed up after farm was exposed and pointed at crytical vulnerability that allows you to validate iwth 90% score (that was ment to solve the problem),

He is playing with us. Main reason why he showed up was to calm the situation so price could recover so he could abuse network even more. He didn't show up because he is good person that want to help. He would do that before his farm was exposed ... not now. He will say anything it needs to calm investors ... that this farm is 1 person 1 node, that it is better to give each person 6 flips to solve rather than run 10s algo and give 2 flips per node, that he is here to help, than it is not as serious as it looks like, that it is easy fix because he is hardly profiting. Price will recover, and he will continue to abuse network but just more carrefour, using many exchange account. We will find him after a year with 70% of network after one smart guy will find a bug that he was abusing. The purpose why abuser showed up and is now a IDENA celebrity is to calm us down. Don't trust every world he says. Don't sweep this case under the rug because this is the day of the final trial. You will make it right and network will succeed, or you will pretend that everything is right because abuser said something... and network will be destroyed in next few months. Remember. He now owns 15% of network. He doesn't need much to auto solve every validation with known flips and random shots. He just need few more epochs. He need time.

I'm just saying that this situation looks so unrealistic. So fake.

Why was he waiting for official announcement before he showed up? He wanted to know how much we know. To commit to the number of node we know about ... to prepare a scenario for himself. Thats how i see this.

I shared my thoughts about how dangerous this case may be, I'm just concerned about my loved IDENA, posting abuser comment about it does not make it less valid.

I have the same opinion.

I bet there is no farm.

Is either an exploit (since the chain is young and experimental) or an inside job.

You can't tell me, that the poor people from India or whatever, pass the validation for $2-3. If they are that poor, they can't afford to pay for the electricity, and to pass Idena validation you'll need much more. Electricity, A PC, internet.

And since the team is OK with the farm, I go for the 2nd one.

This farm thing is just bullshit, imo.

To Buy, or not to Sell? That is the question.
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LaaMos Seeth
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December 18, 2020, 04:51:47 AM
 #1802

How can you guys be so naive?
There is no farm. What nonsense. Do you really believe in 700 people working for the benefit of one owner? This is bs.
There is no vulnerability exploited by a third party.
Open your eyes in the end and re-read all my posts in this thread, read this thread again - https://bitcointalk.org/index.php?topic=5223933.20
And just analyze everything and compare the facts.
This is all done by the developers themselves. Because they are greedy.
And the only purpose for which they created this coin is to fill their pockets with money.
Enough already to protect these scammers.
Let this shitty coin die.
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December 18, 2020, 07:40:36 AM
 #1803

have an invitation, validation is today at 13:30 GMT, so you have to activate activation until 13h, would be best
send PM if you need one, and synchronize your node before

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bayu7adi
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December 19, 2020, 03:04:49 AM
 #1804

There is no farm. What nonsense. Do you really believe in 700 people working for the benefit of one owner? This is bs.
There is no vulnerability exploited by a third party.
There is no warranty on this case. We can still validate using two IDENA wallets on 1 PC if we successfully complete the validation in less than 1 minute in a short session for each account.

Someone can also hire other people who are unfamiliar with cryptocurrency by paying after the validation has passed. And for this there are no regulations, so we don't think this is a violation. IDENA still needs a lot of improvisation and significant improvement in order to survive and get out of this Beta stage.

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December 19, 2020, 03:36:20 AM
 #1805

There is no farm. What nonsense. Do you really believe in 700 people working for the benefit of one owner? This is bs.
There is no vulnerability exploited by a third party.
There is no warranty on this case. We can still validate using two IDENA wallets on 1 PC if we successfully complete the validation in less than 1 minute in a short session for each account.

Someone can also hire other people who are unfamiliar with cryptocurrency by paying after the validation has passed. And for this there are no regulations, so we don't think this is a violation. IDENA still needs a lot of improvisation and significant improvement in order to survive and get out of this Beta stage.
What ? Beta stage ?
The beta phase ended 47 days ago and the Mainnet was officially launched - https://medium.com/idena/idena-hard-fork-announcement-d194f8816d37
You don't even follow the news.
Tytanowy Janusz
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December 19, 2020, 08:06:09 AM
Last edit: December 19, 2020, 08:57:37 AM by Tytanowy Janusz
 #1806

My proposal of handling this human farm issue (if its human farm at all, IMO its another exploit):

1- fork network without farm (identities killed, no funds lost - despite stake - it was ment to be lost when you are cheating network. Stealing funds will make us monsters similar to banks)
2- ask exchanges to limit generating new deposit address to once per day/week -that would force farm owners to consolidate funds from many nodes before dumping
3- create soft that auto detect fund consolidating and makes suspicious addresses public (this will also show all other farms that exist but was not detected before)
4- suspicious addresses goes into oracle voting to be excluded from network (identities killed, no funds lost)
    4a - no rewards for voters (we should not promote killing innocent nodes)
    4b - proof of stake voting (you are not able to stake bought coins so its more like a proof of age). This will make it harder for farm to survive voting even with the majority of network. Mostly such voting will not do
           anything since farm will rather decide to self-kill to run with stake rather than trying to cheat the voting.
5- create farm hunting bounty (coins from lost stake by all farm participants?)
6- flexible invitation limit based on previous epoch network grow - invitations should be rare ... not thrown away to everyone who ask. They lose their purpose if they are being used like they are now. This should make it hard to grow fast for next farms.

All this points should make creating big farms extremely hard, mostly unprofitable, and give network time to grow in a healthy way until we will reach amount of real nodes big enough that it is impossible for one human farm to take over the network. Current farm has like 15% of all network (nodes that we know about). This is dangerous.

We should fight until there is no way to fight. Devs proposal can be implemented after lost fight too. We doesn't need to give up without fighting.

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ibuddy122505
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December 19, 2020, 04:16:56 PM
 #1807

So, Likely Idean community are getting smaller and smaller. Something very weird happened in validation and now losing it values. Number of validator are decreasing, can we hope more traffic at Idena platform in order to perform more better.
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December 19, 2020, 05:41:31 PM
 #1808

So, Likely Idean community are getting smaller and smaller. Something very weird happened in validation and now losing it values. Number of validator are decreasing, can we hope more traffic at Idena platform in order to perform more better.

Its not the first time when network is smaller after the validation.



It happens when price is very low and expected payout from mining is not motivating enough. Just like bitcoin ... its hashing power is also going down from time to time, when price is dumped.

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jasta more
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December 20, 2020, 03:04:06 AM
 #1809

thats because price is going down,with price pump there will be more people getting bothered to validate

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December 20, 2020, 02:27:59 PM
 #1810

Thats true.. I thought and still believing that Idenq worth much more than what's now..

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December 21, 2020, 03:44:14 AM
 #1811

have an invitation, validation is today at 13:30 GMT, so you have to activate activation until 13h, would be best
send PM if you need one, and synchronize your node before

I missed again the validation date, my invitation code became wasted. If ever the next validation could you please give me
an invitation if ever you like my request dude, I hope next date I can pass their validation so that I can experience to stakes
idena using their wallet apps.

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December 22, 2020, 03:10:46 PM
 #1812

Its not the first time when network is smaller after the validation.


I see many complain in Telegram group. Many people had trouble loading flip images, therefore they failed to pass validation. I guess this can be a reason for a smaller number compared to the previous time.

have an invitation, validation is today at 13:30 GMT, so you have to activate activation until 13h, would be best
send PM if you need one, and synchronize your node before

I missed again the validation date, my invitation code became wasted. If ever the next validation could you please give me
an invitation if ever you like my request dude, I hope next date I can pass their validation so that I can experience to stakes
idena using their wallet apps.

You easily can get a new invitation code, but you say "missed again", so it means you missed more than once, so it can't be accidentally. Since you need to pass three validations in the row there is a doubt as to whether it is giving an invite to you just wasting. you have to decide if you want to be more disciplined and follow validation time.





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Tytanowy Janusz
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December 22, 2020, 03:14:52 PM
 #1813

I see many complain in Telegram group. Many people had trouble loading flip images, therefore they failed to pass validation. I guess this can be a reason for a smaller number compared to the previous time.

Nah. They are always complaining. There was nothing extraordinary this time.

Its dumped price. We were observing smaller and smaller grow each epoch. Looking at chart that i provided we were going flat for 6 epochs with price above 500 sat. It was quite obvious that after dump from 500 to 300 sat some miners will quit mining.

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December 23, 2020, 06:54:31 PM
 #1814

I am waiting for this update, I hope Andrew doesn't delay it, I hope it will be announced soon to run HF soon and update nodes today  Wink

ETA for oracle release was announced at Dec 16 and it was set for today - "We are planning to release a new version of the Idena node on December 23, 2020. It will be a seamless hard fork update." not much time left to be on time. Silence ever since

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Anthrogic
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December 24, 2020, 11:31:45 PM
 #1815

I am waiting for this update, I hope Andrew doesn't delay it, I hope it will be announced soon to run HF soon and update nodes today  Wink

ETA for oracle release was announced at Dec 16 and it was set for today - "We are planning to release a new version of the Idena node on December 23, 2020. It will be a seamless hard fork update." not much time left to be on time. Silence ever since

It has been released as of Dec 23, 2020. However, the fork doesn't actually activate until:

- more than 80% of online mining nodes support the upcoming changes

- more than 66.6% of validated addresses support the upcoming changes

as per https://medium.com/idena/idena-hard-fork-announcement-oracle-voting-adda7c47d8d2
So the Hard fork won't actually go into effect until today (Dec 24) at a minimum, but it seems likely to happen today. It has until Dec 31st  I believe to receive enough votes to activate.

Specifications on oracle voting: https://medium.com/idena/idena-hard-fork-oracle-voting-and-types-of-smart-contracts-62059e26c93

How to create an oracle voting (requires sign-in as of this post, since it is a draft): https://medium.com/idena/how-to-create-an-oracle-voting-d6d837c2f9da

Client update which includes the UI for creating oracle voting contracts should be very soon.
aleix
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December 25, 2020, 09:56:35 AM
 #1816


------------------------------------

Dear Idena community,

The hard fork update (https://medium.com/idena/idena-hard-fork-oracle-voting-and-types-of-smart-contracts-62059e26c93) has been successfully activated at the block number 2258483. Make sure you're running the latest node version 0.24.0.

In order to use Oracle voting, please download the latest Idena app version: 0.19.1

Changes:
- Oracle voting: Create a voting (https://medium.com/idena/how-to-create-an-oracle-voting-d6d837c2f9da) and earn coins by participating in voting if you're validated.
- Flip watermaks: Prevent someone using your flips in the next validation ceremonies.
- Deleting flips missing at the client
- Removing outdated flips
- Flip submission mining status bug fix
- Romanian translation updated (by @RoUnit3d)

Please update your Idena app (https://idena.io/?view=download).


------------------------------------

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woaiduotemengde
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December 25, 2020, 12:54:22 PM
 #1817

The new wallet adds a smart contract, which is much more interesting than before. I look forward to idena going further and getting better.
Tytanowy Janusz
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December 26, 2020, 06:06:20 PM
 #1818

Just be carrefour with scam oracles guys. It is possible to set owner fee to 100% and collect all money that voters locked for vote (no matter if right or wrong answer). Always check all oracle date especially owner fee, your reward and amount of Idena that need to be locked to vote.

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Pofick
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December 26, 2020, 06:34:42 PM
Merited by Tytanowy Janusz (1)
 #1819

Just be carrefour with scam oracles guys. It is possible to set owner fee to 100% and collect all money that voters locked for vote (no matter if right or wrong answer). Always check all oracle date especially owner fee, your reward and amount of Idena that need to be locked to vote.

Owner reward is not 100% in case of owner fee is 100%:
Owner reward = (Smart contract balance — Voting deposit * Number of votes) * Owner fee %

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December 27, 2020, 04:44:48 AM
 #1820

There are a few things that make me confused when using IDENA, namely there are some verified wallets that immediately lose their identity when they fail to validate, but there are also some verified wallets that change their status to suspended when they fail to validate.

so far I have not found a detailed reading of this rule, I think this is very important to be my personal knowledge so that I can be maximized in carrying out further validation

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