May I know which part of the upcoming update you love the most? So far I have only hate for it after reading the news.
But...still testnet
Few weeks ago i was describing on telegram possible abuse in which 1 person begs for as many invitation as it is possible and than go random with answers validating 50% accounts and mining with them for whole week. I don't know if they was reading this or came up to this by themselves (most probably the second one) but this update is made to prevent this type of attack. I love every part.
"1-Short session extension (6 flips with 60% to succeed) "
this will decrees number of validated accounts by attacker by 20% and also will help real users. Validation in most cases looks like that. ~100 sec for 5 flips = 4 flips in 50 sec and than 50 sec on 1 dumb flip than i try to solve and in the end I go random and reach 100% because last flip did not reach consensus. 1 extra flip will not be a problem in terms of time and will only help to prove that you are human.
"2- Human status with the stake protection for aged identities"
Finally people will stop killing their identities in fear of getting 5 shitty flips.
#2 is ok, but it takes too much time to become a human, in future it could take years in case of bad luck. Doesn't seem sustainable.
4 epochs. That's all. 32 days currently and maximum of 12 month with 767137+ nodes. I don't think its too much for highest possible rank that you can achieve.
"3. Lottery-based rewards for non-spent invitations to prevent sporadic invitations"
This will make abuser very hard to collect dozens of invitations since part of members will decide to collect 30% of reward instead of 0% if invited person will fail validation. They will simply take 30% or invite trusted person.
"4. Discrimination of identities with the Newbie status"
This will make abuser loose financial motivation since he will be able to collect only 20% of minted coins from newbies accounts. Simply he will have to collect 13 invitations during 1 epoch to mine as fast as 1 honest miner (even more (like 25) if you take into consideration that hones miner will get more coins from creating flips, inviting, and validating older account - validation reward depends on account age) .
#4 is bad imho, because there is significant chance to fail at least one validation out of 4 needed to become verified. It demotivates from joining the network.
It is not "significant chance". I think that 90-95% of real humans that take IDENA serious validates 3 times in a row. My stats - 87.5:91 - i made 3.5 flips wrong during 20 epochs. Newbie can do 4.5 flips wrong during 3 epochs and still succeed.
5. Additional flips submission
We need those flips to cover short session extension. "will be allowed" is key here. Sometimes i have shitty words and its really hard for me to create flip that is easy for community, hard for AI. I'll do 3 flips that epoch. If i'll get good words I'll create 5. This will boost quality of flips. More flips by members with human status will boost quality too.
6. More invitations for Humans and less for Verified
Also protects against attacker and improve quality of new members.
And what part are you hating the most? there is nothing to hate if you don't want to scam others.
