Topic: [ANN] Plan of Smart Enterprise (Read 310 times)

Thanks guys. Really happy that you guys are interested in this project. I've
created a telegram channel at https://t.me/posedev . Please join the channel and
let's discuss there.

Here are some updates during the time of being AFK. I pushed an initial version
of code of a chain to the github repo which could be used to launch a testnet.
You can visit https://github.com/pose-dev for more details. I'm also developing
a prototype of the massive data processing mechanism which would be one of the
key features of this project.

Besides, after some discussion with CrunchBae23mill, he has some really good
ideas on governance and bounties and CFP ..., he is working on some proposals.
And I'm working on the development of code to support them. To wade1823, what
you are caring about is in this part. Please join us to make it better.

One last thing, If some one could participate in the wallet development, it
would be a great effort in this project.

I think I am the one who has much energy and  resouces.Only one thing I care, how about the returns as a producer or a develop contributor.
 

Looking like a solid plan, lets discuss in private more.. I want to draft out a complete white paper for this project if thats alright.. In addition, if we would want to use DPOS mechanism, what do you think the distribution of BPs would be like? I think the technical community (or you guys who develop it from the beginning should at least have some say in this project), what do you think?

What you guys are discussing is looking interesting, I wish more people know the power of mass adoption on a enterprise level. I think countries such as China and India would benefit the most from this infrastructure.

I totally agree with your points on pros and cons of DPOS and EOS DPOS is not
the perfect solution to DAO. I think improving decentralization and motivation are
the most important things. Maybe we can work on a proposal to build a better
DPOS mechanism, just like bitcoin's BIP (https://github.com/bitcoin/bips) and
ethereum's EIP (https://github.com/ethereum/EIPs). We can start it on github and
later migrate it to our P.O.S.E platform.

Also, I made a simple roadmap for P.O.S.E for discussion.

2019.Q3 Testnet launching
- Launch a DPOS based testnet.
- Proposal of P.O.S.E governance.
- Proposal on airdroping and bontries.
- Voting function, to support election / resolution / ...
- A lightweight wallet to interact with P.O.S.E platform and do vote.
- Call for participators, espacially supernodes for livenet.
2019.Q4 Livenet launching and massive data processing
- Launch a live network under the P.O.S.E governance proposal.
- Decentralized massive data processing, including a relational storage engine
  and a relational querying engine.
- Dynamic fee mechanism to protect network and participators.
- Enlarging the P.O.S.E ecosystem, with more smart contracts and dApps.
2020.H1 Enterprise level performance optimization
- Optimize the storage engine to support millions of records and GBs of data.
- Optimize the Wasm runtime for smart contracts, to reach 1000 TPS.http://
- Implement a QuickJS based smart contract runtime.
2020.H2 Developer and business friendliness
- Support cross chain communication.
- Support for a various of programming languages and platforms.
- Lead to a worldwide self-governed P.O.S.E community.
2021 Next generation of enterprise level blockchain
- Implement sharding and consensus optimization, to reach 10000 TPS.
- Support side chains and DAG
- Implement the cost isolation technology.
- Remove the barriers for any smart enterprise to run on-chain.

And, I really like the name of Poseidon and P.O.S.E for short. Although after
doing some googling I found two blockchain projects related to Poseidon
(Poseidon foundation and Poseidon network). I don't think this matters. We are
doing different things and I believe P.O.S.E will certainly deserve the name of
Poseidon.

By the way, what do you think if we call this project Poseidon (God of the ocean), and short for P.O.S.E (project/plan of smart enterprise)??
 
Here is a good article you may want to take a look if we do decide to pivot into DPOS. (https://www.blockchainbeach.com/what-is-an-eos-block-producer/), it analyzed EOS DPOS nodes from all prospects... BTC

If we agree to use DPOS as the primary algo for this public infrastructure, then we must understand it could be an double edge sword for the community as a whole, here is my two sense when it comes to using DPOS (Pros and Cons):

Pros:
1、Faster transaction speed.
2、More likely to become widely adopted.
3、More suitable to the current enterprise level needs.

Cons: 
1、Not nearly close to true decentralization.
2、The system needs a very well set up model for it's voting and daily procedural acts. Especially to avoid malicious acts done by Block Producers (BPs).

I think EOS DPOS system has a lot of flaws (or not the best usecase for this project), if we would want to use DPOS, we must do some major mods to this ideology. It is pretty damn interesting though... I would like to participate.

Let me think how we can work this around.

Cheers.

It is true that current TPS does not meet enterprise need yet. I'd like to say
DPOS is still the best choice and it's not the fault of DPOS itself. DPOS has
been proved as a successful decentralized mechanism by years within a lot more
different wonderful consensus algorithms. It has the best balance between cost
and performance. I really admire the work that DPOS have done.

Theoretically, DPOS has the ability of millions of transactions per second. As
the impossible triangle we all know, DPOS already compromised in
decentralization(physically not logically). The only limitation is how it is
implemented. I'm not going to say the implementations today are not good enough
but they do have their own bottlenecks. We can solve these by implementing a new
paralleled computing DPOS mechanism which will lead to hundred or thousand times
of TPS improvement. I'm already working on it.

I think we can call it a consortium chain but I'd rather call it a public
blockchain because I believe that everyone should be able and have the right to
participate in both governance and operation. And of course there are much more
to consider. It would be great if you could join this effort.

I agree with your perspectives on the three different aspects when it comes to support enterprise level transactions... What kind of decentralized mechanisms are you implementing in this system though? I don't think the current Transaction per second satisfy with enterprise level needs.

I recently read this paper wrote by danthman in the steemit community about DPOS (https://steemit.com/dpos/@dantheman/dpos-consensus-algorithm-this-missing-white-paper) I agree with some of his points when it comes to DPOS is somewhat the most effective algorithm out there... The traditional POW way will not be able to maintain such a high transaction volume, what do you think?

P.S: I have very limited understanding when it comes to technical details, but I  do think consortium chain is probably more suitable to enterprises, there are still a lot of stuff we need to take into consideration, such as information privacy, data flow control, etc...

Thanks CrunchBae23mill. I'm so glad that someone likes it. I've been thinking
about this for a long time and I do have some ideas.

First of all, we need to develop a decentralized platform to serve the modern
enterprise with lower cost and a more effective "assembly" system. Which will
provide them real smart. That's why it is called Plan of Smart Enterprise("For"
is replaced with "of" here so that we can call it "POSE" in short which sounds
better).

In this platform, we should provide three major features to support extensive
enterprises both on chain and off chain.

• Extensibility

The capability of massive data processing and industrial level TPS are the most
important things in the new platform. Unlike to other blockchain projects, we
could archieve this by combining decentralized storage, relational algebra and
paralleled computing technologies with blockchain.

• Unity

I highly recommend that a low cost and a high efficiency should be considered
seriously in this platform. Including but not limited to an efficient governance
mechanism, eliminate forking and dynamic cost synthesis.

• Intercorpability

Like all other successful projects, this platform should also be friendly to
both developers and enterprises. All popular programming languages should be
easy to use in this platform.

I've set up an org on github at https://github.com/pose-dev. I'll create a repo
and upload some code there. I would like to see your opinions / suggestions /
experiences / ... from member in here. Both technical and non-technical are
welcome.

This is actually a really good idea! I think it would be a revolutionary infrastructure for the current business models. Do you have any technical details? And what about the governance aspect of this project? This would be performing possibly under a Consortium blockchain system... Especially under the modern enterprise practices.

Abstract

Enterprise level innovation is often an difficult and iterative process;
entrepreneurs have established existing business models and being using them for
decades. There have been proven to be no exceptional case for enterprises to
develop under modularization. In this paper, we present a public infrastructure
enables, incentivizes and modularize enterprise development. This infrastructure
is composed of 1. Interoperability to help enterprises to interact easily and 2.
Authenticity to ensure efficient governing system and 3. Extensibility to help
iterate it with scalability.

INTRODUCTION

In 1913, Henry Ford invented the very first moving assembly line for mass
production of the entire world. His innovation reduced the time it took to
build a car from more than 12 hours to two hours and 30 minutes.

The great invention of assembly line have been implied extensively in
clothing, food, and political systems. This system have never been proven to
be used with enterprise level innovation due to 3 primary reasons:

1. Security: Flows of goods, services and finance reached $26 trillion in
2012, or 36 percent of the global GDP, and it is expected to reach $54
trillion by 2025. With tremendous good and services are being traded rapidly
across the world, the global landscape and security of data flow becomes a
challenge.

2. Destitution of Infrastructure: The development of IoT, Artificial
Intelligence, Blockchain and Machine Learning is critical to the modern
enterprise environment. In which, some of these tools have not been massively
adopted due to lack of infrastructure.

3. Isolatablilty: Enterprises often live in ivory towers and avoid changes
for stability.

Corporations such as KodaK, Nokia and Yahoo are considered to be anachronistic
due to adjustable traditional models. In today’s society, new business models
and ideas are being created instantaneously. As such, harvesting innovation
and reward both consumers and entrepreneurs become critical to productivity.
KodaK is just one of many well established corporations fail
anachronistically, and it is very clear current centralized system does not
reflect the needs of enterprises.

ISSUES

Unequal Resource Distribution

Enterprises and individual entrepreneurs are being driven out of the market.
Companies such as Amazon, Ebay and Alibaba dominate over ½ of global online
retail markets. In addition, these online retail giants hosted and manipulated
consumer purchase data to influence consumer purchase decisions and
manufacture products with highly interested rate and put private labels. It is
nearly impossible for smaller, underdeveloped enterprises to outcompete
against these monstrosity acts.

Innovation at the enterprise level is hindered by this high friction of
monopolization. It is time for a technical revolution from the basic level to
transform the current business structures and encourage enterprises to
innovate and break the barriers of entry.

Untrusted Environment

Organizational network identity is often missed in the traditional business
environments. Enterprises are unable to trust third parties to intervene with
transactions. This problem is common and reflect the frictional difficulties
current enterprises are facing. Some of the general solutions to help business
better organize and identify risks are often centralized.

As a developer, I think the blockchain technology is capable of serving
enterprise level problems and create a more effective system for not only big
corporations but also startups alike.