Closed Thread

[TheRealSilk]

what about the problem that exchanges could forge all blocks because of their high amount of transactions?

Well exchanges should get clients/scripts with poa inactive?

Not active clients cannot generate blocks
Amount of the transaction does not affect the POA

Could you clarify this more?  My understanding is the sending large amounts gives you a better chance to forge blocks.  So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no?  Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.

Eventually decentralized exchange could solve this?

Yes, the larger the amount the more likely to generate a block. The example I made 1 transaction for 500 000 coins, You have done 2 transactions 100 000 coins.
In this example, I will generate the next block .

OK.  So won't the exchanges be sending the most/largest sum transactions and consequently forge more blocks?

We think for the exchange to give the client without generating blocks

[1715343189]

1715343189

[1715343189]

1715343189

[danzilla]

what about the problem that exchanges could forge all blocks because of their high amount of transactions?

Well exchanges should get clients/scripts with poa inactive?

Not active clients cannot generate blocks
Amount of the transaction does not affect the POA

Could you clarify this more?  My understanding is the sending large amounts gives you a better chance to forge blocks.  So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no?  Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.

Eventually decentralized exchange could solve this?

Yes, the larger the amount the more likely to generate a block. The example I made 1 transaction for 500 000 coins, You have done 2 transactions 100 000 coins.
In this example, I will generate the next block .

OK.  So won't the exchanges be sending the most/largest sum transactions and consequently forge more blocks?

We think for the exchange to give the client without generating blocks

Cool, that would make sense.  I know many exchanges turn off staking for POS coins too, as the many small transactions clutter up the wallet.

[griffinriz]

Wow awesome work, POA will be a huge thing 

[kevinkk525]

Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.

[sava0123]

Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.

I made no transactions during last 2 days and forged 3 blocks.

[GreenDude]

Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.

Moving NODEs is a big extra to forge fast but is not necessary. U will eventually forge even if u make no transaction.

[koop4u]

what about the problem that exchanges could forge all blocks because of their high amount of transactions?

Well exchanges should get clients/scripts with poa inactive?

Not active clients cannot generate blocks
Amount of the transaction does not affect the POA

Could you clarify this more?  My understanding is the sending large amounts gives you a better chance to forge blocks.  So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no?  Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.

Eventually decentralized exchange could solve this?

If we follow the basic rules, than yes, the exchanges will be in favor! So the PoA concept needs to be adjusted, with rule sets that will allow a better democracy!

I think that exchanges should receive a stand-alone client without the poa rule in place, they primary goal is to assure that transactions are made, not to use the forging system to their profitable advantage!

 

[sava0123]

I see 3 critical issues now:

1. We need to set up minimum stake to being able to forge. This will secure us from multiaccounting and abusing POA. (It is already done for test phase but will it be the same on the real net?)

2. Currently you can login with the same password on unlimited amount of clients at the same time. I was logged in at 3 linux clients during this test and all of them in peers (nodemoney.com:20000) showed my acc number. I made no tx and forged 3 blocks.

3. There is even bigger issue with linux client which I already reported to Silk. Hope it will be fixed soon.

[danzilla]

I see 3 critical issues now:

1. We need to set up minimum stake to being able to forge. This will secure us from multiaccounting and abusing POA. (It is already done for test phase but will it be the same on the real net?)

2. Currently you can login with the same password on unlimited amount of clients at the same time. I was logged in at 3 linux clients during this test and all of them in peers (nodemoney.com:20000) showed my acc number. I made no tx and forged 3 blocks.

3. There is even bigger issue with linux client which I already reported to Silk. Hope it will be fixed soon.

+1.

Num 2 is interesting.  So this means the forging is now linked to the node/IP, not to the account.  Definitely a possibility for abuse then (eg someone sends a large transaction, then all three nodes get advantage over others to forge blocks).

Good to see that the POA principles are working so far.  Some tweaking to go, but the basic idea is sound.

[kevinkk525]

Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.

I made no transactions during last 2 days and forged 3 blocks.

well then you are lucky. this has not happened often for me.

The 3 security issues need to be fixed, these are dangerous for node. but PoA seems to work quite good.

I experienced a bug (maybe it is a variety of the known bug):
I have a transaction that is stuck with only 1 confirmation since at least 6 hours. The Node are gone from my balance but in no block.

[GreenDude]

I dont think that forging 3 times is a bug or something even without making any transaction.. that is the way poa is supposed to work.

[lcharles123]

Have had my client running for almost 2 weeks straight now, still not forged a block with a full stake. What is going on?

Very strange!
Are you using the windows wallet??

I was also using the wallet windows8, but not found any block, I'll wait until the PoA is implemented to leave connected 24/7.

You are doing the test PoA privately? Will create a public testnet when?

thx!!

[ZeroTheGreat]

nxtl\db: 3 files
nxtl 0 kB
nxtlTx 7 kB
peers 25 kB

DB isn't downloading. What's most common cause of that?

Anybody?

[whitecloud]

nxtl\db: 3 files
nxtl 0 kB
nxtlTx 7 kB
peers 25 kB

DB isn't downloading. What's most common cause of that?

Anybody?

1. version 0.9b ? -> http://nodecoin.com/node_0.9b.zip
2. access granted for node_0.9b_beta.exe in firewall ?
3. port 19775 open in firewall ?

[Arux]

Have had my client running for almost 2 weeks straight now, still not forged a block with a full stake. What is going on?

Very strange!
Are you using the windows wallet??

I was also using the wallet windows8, but not found any block, I'll wait until the PoA is implemented to leave connected 24/7.

You are doing the test PoA privately? Will create a public testnet when?

thx!!

https://bitcointalk.org/index.php?topic=590421.msg9184355#msg9184355

the test was announced 10 days ago and you must PM the devs to get an invitation.
for this round, it's too late. i don't know when will be the next test.

[GreenDude]

nxtl\db: 3 files
nxtl 0 kB
nxtlTx 7 kB
peers 25 kB

DB isn't downloading. What's most common cause of that?

Anybody?

1. version 0.9b ? -> http://nodecoin.com/node_0.9b.zip
2. access granted for node_0.9b_beta.exe in firewall ?
3. port 19775 open in firewall ?

Also before trying again delete the nxtl folder.

[threedream]

show your support https://bitcointalk.org/index.php?topic=829002

[lcharles123]

Have had my client running for almost 2 weeks straight now, still not forged a block with a full stake. What is going on?

Very strange!
Are you using the windows wallet??

I was also using the wallet windows8, but not found any block, I'll wait until the PoA is implemented to leave connected 24/7.

You are doing the test PoA privately? Will create a public testnet when?

thx!!

https://bitcointalk.org/index.php?topic=590421.msg9184355#msg9184355

the test was announced 10 days ago and you must PM the devs to get an invitation.
for this round, it's too late. i don't know when will be the next test.

ook, should have posted in the OP. :|

[danzilla]

I dont think that forging 3 times is a bug or something even without making any transaction.. that is the way poa is supposed to work.

It depends, I need to know more to see if it's a bug.  If sava was logged in in 3 places, each showing up as a peer, and when he sent a transaction, each node got the bonus points for POA, that could be a problem.  That would seem to indicate that each logged in client was cheating the system.  If on the other hand that isn't happening, and he just forged 3 blocks because there are not many peers, that's a different story.  Question for the devs is if the POA is linked to the client, or to the account no.

[threedream]

Node in the development of good , Trading volume is back