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Author Topic: Tau-Chain and Agoras Official Thread: Generalized P2P Network  (Read 216472 times)
ohad
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May 19, 2017, 09:00:58 PM
 #1881

agoras will be connected to the ever-growing knowledgebase of tau. so for example, once people formalize state law (or parts of it, to some level of accuracy) a "smart contract" will then be able to refer to the law. even more, agoras is about making economy of pure knowledge (manufactor, ship, demand, supply). that'd be one out of three agoras' pillars. the other two are computational resources market, and, advanced financial markets, e.g. with the ability to let risk-free interest without printing new money (by having a futures market for hedging, without leverage). the most covering explanation of agoras out there up till now is the restaurant interview https://www.youtube.com/watch?v=zFmaX-oumNw

Is Agoras scalable? Is it easier to deal with scalability issue with Tau?

any scalability (or other) solution to be found in the future, can be applied. that's the essence of being a self-amending system, and that's why there cannot be competitors to such a system Wink

Tau-Chain & Agoras
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John_Paul
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May 20, 2017, 10:24:09 AM
 #1882

Is Agoras scalable? Is it easier to deal with scalability issue with Tau?
any scalability (or other) solution to be found in the future, can be applied. that's the essence of being a self-amending system, and that's why there cannot be competitors to such a system Wink

That sounds good. Will Agoras use a PoS or PoW consensus mechanism?
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May 21, 2017, 05:57:22 AM
 #1883

Is Agoras scalable? Is it easier to deal with scalability issue with Tau?
any scalability (or other) solution to be found in the future, can be applied. that's the essence of being a self-amending system, and that's why there cannot be competitors to such a system Wink

That sounds good. Will Agoras use a PoS or PoW consensus mechanism?

quite same answer: this can also change.
however me personally not aware of a sound scheme as pow.
as a small example, how can security grow with time under pos? looks like it remains fixed. unless high inflation is considered, and even though, it wont grow linearly as in pow

Tau-Chain & Agoras
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May 21, 2017, 11:07:00 PM
 #1884

quite same answer: this can also change.
however me personally not aware of a sound scheme as pow.
as a small example, how can security grow with time under pos? looks like it remains fixed. unless high inflation is considered, and even though, it wont grow linearly as in pow

So if assuming Agoras will use PoW, how the inflation will work? In that case, the Agoras tokens will be like pre-mined coins and in the future the miners will also mine new coins, right? btw, I am not against the inflation and mining at all.
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May 21, 2017, 11:32:12 PM
 #1885

quite same answer: this can also change.
however me personally not aware of a sound scheme as pow.
as a small example, how can security grow with time under pos? looks like it remains fixed. unless high inflation is considered, and even though, it wont grow linearly as in pow

So if assuming Agoras will use PoW, how the inflation will work? In that case, the Agoras tokens will be like pre-mined coins and in the future the miners will also mine new coins, right? btw, I am not against the inflation and mining at all.

ATM there are 42M agoras tokens in sale, some of them easily scoopable at bittrex (the ico hasn't ended yet, and the remaining coins will be burned). They represent the total 3500 future coins / actual agoras token.
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May 21, 2017, 11:41:32 PM
 #1886

quite same answer: this can also change.
however me personally not aware of a sound scheme as pow.
as a small example, how can security grow with time under pos? looks like it remains fixed. unless high inflation is considered, and even though, it wont grow linearly as in pow

So if assuming Agoras will use PoW, how the inflation will work? In that case, the Agoras tokens will be like pre-mined coins and in the future the miners will also mine new coins, right? btw, I am not against the inflation and mining at all.

this can also be decided by the public to a very large extent. but following are my personal thoughts.
i claim that new coin generation in a fair economy is meaningless.
because if you generate new coins, then by the fairness requirement, you need to distribute them equally, but then it'd be like adding a zero to all balances, which is meaningless.
one may come up with a way to truely define and measure "economical growth" and have inflation according to it. but i don't think anyone is "there" yet. maybe in an electronic economy like agoras and with artificial intelligence like tau we'll be able to achieve it.
even if such formula will be found, there's still strong rationales in a fixed amount of coins.
as for mining, as any other housekeeping of the network, they better be incentivized. therefore in my opinion the "tax" approach is better here: that everyone give some fraction to miners up to amounts that the public agrees on. the more hashes, the more security and value on the chain. the public will have to buy security and pay what it costs, directly and not by dilution. this is more transparent and removes a need to print new coins.
agoras will also support risk-free interest without printing new coins (thanks to black&scholes theory and hedge markets), but that's a different story.

Tau-Chain & Agoras
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May 22, 2017, 12:13:03 AM
 #1887

this can also be decided by the public to a very large extent. but following are my personal thoughts.
i claim that new coin generation in a fair economy is meaningless.
because if you generate new coins, then by the fairness requirement, you need to distribute them equally, but then it'd be like adding a zero to all balances, which is meaningless.
one may come up with a way to truely define and measure "economical growth" and have inflation according to it. but i don't think anyone is "there" yet. maybe in an electronic economy like agoras and with artificial intelligence like tau we'll be able to achieve it.
even if such formula will be found, there's still strong rationales in a fixed amount of coins.
as for mining, as any other housekeeping of the network, they better be incentivized. therefore in my opinion the "tax" approach is better here: that everyone give some fraction to miners up to amounts that the public agrees on. the more hashes, the more security and value on the chain. the public will have to buy security and pay what it costs, directly and not by dilution. this is more transparent and removes a need to print new coins.
agoras will also support risk-free interest without printing new coins (thanks to black&scholes theory and hedge markets), but that's a different story.

The tax approach is a very interesting idea. Do you mean taxing every account no matter if the user makes transactions or not when creating a block? How about transaction fee? Do you think the system should charge transaction fee on top of the tax?
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May 22, 2017, 12:16:46 AM
 #1888

The tax approach is a very interesting idea. Do you mean taxing every account no matter if the user makes transactions or not when creating a block? How about transaction fee? Do you think the system should charge transaction fee on top of the tax?

right now, on btc, everyone gets diluted, same %% for all. that, if we take the coin generation part (block reward).
txfees are not newly generated coins on btc.
so this model can be translated one to one into a fixed-coinbase currency.
however ofc creativity is possible and welcome in optimizing the ways the various "taxes" are determined

Tau-Chain & Agoras
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May 22, 2017, 04:59:24 AM
 #1889

1. I want invest in Tau chain, how can I do this?
2. That is Agoras Tokens?
3. When completed the development?


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May 22, 2017, 05:26:19 AM
 #1890


I'll risk sounding greedy, but I'm hopeful Tau-people will catch my drift.  Everyone else could suck it...


Cryptoland deserves to be punished (i.e. sudden unannounced burn) for NOT having scooped up all the AGRS tokens during such an extended pre-sale.   WTF?!?!?   Shocked

If it weren't for me being oblivious to whether a smaller Supply would have negative implications for Tau-Chain & Agoras or not (and the obvious drawback of having less development funds, of course), I would be advocating for the punishment on a daily basis.



1. I want invest in Tau chain, how can I do this?
2. That is Agoras Tokens?
3. When completed the development?

http://www.idni.org/pre-sale

As for Question 3, think 1+ years at least.


Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
https://bitcointalk.org/index.php?topic=929688.msg10205597#msg10205597                    "A world with the money can not be perfect." - BCNext
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May 22, 2017, 08:22:51 AM
 #1891

1. I want invest in Tau chain, how can I do this?
2. That is Agoras Tokens?
3. When completed the development?

1. You can also buy the agoras on bittrex.
2. This is the coin/token to be used right now with Tau. I assume its used to finance the project and will be the first/major abstracted value for Tau.
3. I would be interested in that as well Wink I guess it will take some time. It is quite a project.

Cheers
MM
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May 23, 2017, 10:09:11 PM
 #1892

Hello Ohad.

How many developers are the TauChain project team? Are you developing your own or are there other participants?

Regarding the project What is the current state of the project?
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May 24, 2017, 12:33:45 AM
 #1893


Hi Ohad hope all is well.

I saw this website, https://lunyr.com/

"Lunyr is an Ethereum-based decentralized world knowledge base which rewards users with app tokens for peer-reviewing and contributing information"

Are they trying to do what you do using ethereum?
UrsaMajorisBeta
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May 24, 2017, 03:04:38 AM
 #1894


Hi Ohad hope all is well.

I saw this website, https://lunyr.com/

"Lunyr is an Ethereum-based decentralized world knowledge base which rewards users with app tokens for peer-reviewing and contributing information"

Are they trying to do what you do using ethereum?

That sounds like Lbrary, some kind of wikipedia on the blockchain. I think that would fit as a "module" to the concept of tau, but nowhere near the whole system.
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May 24, 2017, 07:42:52 AM
 #1895

Hello Ohad.

How many developers are the TauChain project team? Are you developing your own or are there other participants?

Regarding the project What is the current state of the project?

right now im the only dev, but with a lot of help around (+5 people). the state is working on explanations (of the important parts, then move to code) and fortunately im not alone here. for more info can see on this thread.


as for lunyr, doesnt seem they have a way to price knowledge. and nonprecise pricing is a security hole, as it can be exploited. that'd be one tiny little point about lunyr

Tau-Chain & Agoras
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May 25, 2017, 03:18:08 AM
 #1896

What's up w/ Bittrex? Wallet has been under maintenance for days.  Undecided
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May 25, 2017, 07:34:51 AM
 #1897

What's up w/ Bittrex? Wallet has been under maintenance for days.  Undecided

I want to assume that those are constant updates delivered by Ohad and is a good sign of project progress Smiley
ohad
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May 25, 2017, 08:22:48 AM
 #1898

What's up w/ Bittrex? Wallet has been under maintenance for days.  Undecided

I want to assume that those are constant updates delivered by Ohad and is a good sign of project progress Smiley

they have a little wallet problem (txfees related) and they work with the omni team to fix it. i know because im subscribed to their communication (bittrex-omni)

Tau-Chain & Agoras
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May 25, 2017, 08:42:04 AM
 #1899

I'm looking forward to having TauChain come out and be able to collaborate in the network.

As soon as the portfolio of Bittrex is fixed I will put my agoras tokens in Omni wallet
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May 25, 2017, 09:55:36 AM
 #1900

Hello Ohad, and creating the intelligent programming language TAU and the TauChain string is not a task too large for a single person ?. Then you have to develop Agoras smart market.
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