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Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 529. (Read 2171056 times)

member
Activity: 108
Merit: 10
Quick note
Burst Asset Payer is the software I've developed to automatically pay BLTPS dividends to our investors.
I've done plenty of tests to make sure it works as intended and one of these tests include 5 Bursts per BLTPS share payed, directly from my personal funds, as a small tip of appreciation to those who believed and invested in the project.
The software provides a full report of the payment, it can be seen in the official BLTPS thread on BurstForum. (Post #46)

Remember the first, true, BLTPS payout is scheduled for 18/dec/2014.

If you want to invest, there's always plenty of shares waiting to be sold Smiley


Update v1.2.1 - Burst Asset Payer
Burst Long Term Price Support project
(BLTPS)

Changelog
v1.2.1 - 07/dec/2014
The development of "Burst Asset Payer" has been concluded. The software will be used to pay dividends to BLTPS investors (can actually be used to pay any Burst asset)
Added "How are you making profit out of BLTPS Project?" question to F.A.Q.

Investment Status
Share value: 0.01 BTC - Sold Shares: 412 - Next goal: 650 405 250
Booked Shares (waiting for payment): 60
Hashrate supporting Burst: 647 MH/s (LTC)
hero member
Activity: 527
Merit: 500
sr. member
Activity: 397
Merit: 250
hero member
Activity: 527
Merit: 500
Why don't you try to introduce jl777 with its superNET to Burst?

Seen Bas at the expo yesterday, but no jl777
hero member
Activity: 714
Merit: 500
Crypti Community Manager
Why don't you try to introduce jl777 with its superNET to Burst?
sr. member
Activity: 476
Merit: 250
wow only 9 more miner for the bonus at http://cryptomining.farm/

$$$
newbie
Activity: 15
Merit: 0
Not really I was getting 2k to 2.5k solo mining until someone hacked my burst id, and stole all my burst coins. So I decided these past 2 weeks to move over to pool mining with my 6tb and make a whole new account with a huge password this time, and Im getting about the same 500 to 700 burst a day. Im thinking about switching back to solo mining. I was doing better. there.

what miner you use for solo mining?
can urayminer (https://github.com/uraymeiviar/burst-miner) use solo mining?
member
Activity: 75
Merit: 10

After one or more of our testing rounds (used to gather actual network data), I will be building a network simulator so we can do some agent-based modeling/monte carlo sims and test network stability to attacks, economic incentivization, etc. We're trying to grow something that will have emergent behavior so understanding its phase spaces (i.e. different potential scenarios) and potentials will help a lot as we grow and help build the network (if anything I said sounds like technobabble would be happy to elaborate). I also want to layer in things like quorum sensing over time, but we have to walk (and have folks see/verify we can actually walk) before we start jogging/running.


Indeed. I'd love to see your sugarscape model to tackle this (yes, emergent swarms is the correct answer, think bittorrent tit-for-tat on steroids), instead of the fairly obvious contracts fluff you published today with great fanfare. After all, it's what peter, mike et al were preaching about 2 years by now and theres not much new to be said about it.
newbie
Activity: 24
Merit: 0
Storj dev here. No need to curse at us, please. You don't have to buy anything. Both the node software (https://github.com/storj/downstream-node) and farming software (https://github.com/storj/downstream-farmer) have always been available for download and usage. The funds are to help support the project, developers on the project, etc. Our testing rounds are closed tests that help us test the software with committed users under controlled conditions so we can collect data to grow and improve the network. These are also tests actively supported by the entire team.

I think I owe you an apology - i was somewhat wrongly assuming there is some sort of secret node code and operable testnet, and not just proof of concept server/client (which indeed do build and verify storage contracts, however dont comprise p2p network as such).

I understand that the whole idea is to just store file location on datacoin (or florincoin, or whatever you switch to tomorrow) chain and let metadisk ui look it up from there.

And that's the proverbial elephant in the room - all repositories are proof of concept code of everything, except the critical part of consensus building about farming , bandwidth or any of the other major criticism outlined above - hence the wrong assumption you're keeping some code hostage.

Thanks for that, I appreciate it. We try to make every effort to be open and transparent and welcome level-headed criticism as it only improves the project (and already has).

We don't use Datacoin anymore and Florincoin is the current "drop-in" replacement, though yes we're looking to move that to Factom when they're ready. The blockchain will be used to store file metadata and information used by verification algos in the heartbeat library.

I've said this in a few other places, but at the end of the day most folks will only be won over when it's out there working in-the-wild and has been poked, prodded etc and that's a totally reasonable position to take given all the projects out there making promises.

After one or more of our testing rounds (used to gather actual network data), I will be building a network simulator so we can do some agent-based modeling/monte carlo sims and test network stability to attacks, economic incentivization, etc. We're trying to grow something that will have emergent behavior so understanding its phase spaces (i.e. different potential scenarios) and potentials will help a lot as we grow and help build the network (if anything I said sounds like technobabble would be happy to elaborate). I also want to layer in things like quorum sensing over time, but we have to walk (and have folks see/verify we can actually walk) before we start jogging/running.

hero member
Activity: 527
Merit: 503
People I'm afraid that BURST was raped by botnet now  Angry
I simply can't find any better explanation for the huge diff increase last week. BURST botnet is much  more difficult to detect than CPU/GPU botnet.
That pretty sucks.  Cry

if so, i think this is also not bad. This shows me, that the someone is betting in the future of this coin, that the price will rise. Why such an effort to let a botnet mine a coin, that could not be sold, because none of the exchange has a usefull volume....

there are so much other ways to make more and instant profit with a botnet, as mine this coin.....

Seriously ? Effort ? It's an effort to make money, the maker doesn't care. He will dump his coin as long as he gets his hand to it. Your logic doesn't sound right to me.

Why do you guys think botnet?  What indicates that this is a botnet?  Do you have wallet addresses that you believe this bot net is mining into?

And this botnet is still using plotted hard drives to mine for Burst?
member
Activity: 75
Merit: 10
Storj dev here. No need to curse at us, please. You don't have to buy anything. Both the node software (https://github.com/storj/downstream-node) and farming software (https://github.com/storj/downstream-farmer) have always been available for download and usage. The funds are to help support the project, developers on the project, etc. Our testing rounds are closed tests that help us test the software with committed users under controlled conditions so we can collect data to grow and improve the network. These are also tests actively supported by the entire team.

I think I owe you an apology - i was somewhat wrongly assuming there is some sort of secret node code and operable testnet, and not just proof of concept server/client (which indeed do build and verify storage contracts, however dont comprise p2p network as such).

I understand that the whole idea is to just store file location on datacoin (or florincoin, or whatever you switch to tomorrow) chain and let metadisk ui look it up from there.

And that's the proverbial elephant in the room - all repositories are proof of concept code of everything, except the critical part of consensus building about farming , bandwidth or any of the other major criticism outlined above - hence the wrong assumption you're keeping some code hostage.
sr. member
Activity: 286
Merit: 250
[---]
Have you considered to integrate this into a Torrent client? Including someking of Proof of Bandwith?

Include what into a Torrent client...? I don't understand.

I mean if somehow we could do a proof of sharing, based either on bandwidth or disk space ...

Compared to maid and storj (which are just pumped IPOs at this moment, non-mineable and with no utility), BURST makes no promises this will be at all possible. Proof of Being Reliable Storage And Not Just Someone Faking It is very, very difficult to do in reliable fashion. So far, all proposals to do this in decentralized fashion are technobabble than anything sound.

The Storj Whitepaper was released officially today at www.storj.io/storj.pdf
They also have the access plans posted at www.storj.io/earlyaccess
for some users the bandwith used is much more of a concern than storing large amounts of data. Because of this, I suspect any system like storj will have users who are willing to honestly store and provide verifications for the data they are storing, but will be unwilling to transfer this data when requested, as the bandwith used is more valuable to them than than transfer fee.

I think this can be mitigated if a file is seen as just a collection of sectors, and these sectors are distributed evenly around the network (of course multiple times). that way, if someone requests 1GB of data from the system, each individual storing data will only have to provide a few sectors of that large request, because hundreds or thousands of storers are servicing the request. The individuals storing data would store bits and peices of many different things, and would just have an ongoing stream of requests they had to service. In fact, the payment could easily be for serving requests instead of for storing in the first place. Then it pays more to serve the most requested stuff, or it gets more expensive to store stuff noone wants to request. thus, the most requested stuff gets more agressively duplicated, and the network can respond quicker.


[/quote]
The other problem would be efficiently handling the transfer payments. As retrieving a file may require retrieving many shards which may need to be transferred from multiple users each, handling payment by traditional means could result in a massive amount of transactions.
[/quote]

That is correct. if every sector hit incurs a fee that must be handled via a (blockchain) transaction, then we would have a lot of transactions of very small fees. suppose that a transaction somehow generates a unobfuscable hash, then that hash (if low enough) could be proof of winning something similar to a block. So you don't earn on every sector served, but each time you have the chance of winning a reward. Theoretically the one serving that sector might - if he won - just get his hand on all transaction fees since last block, or all filesystem related transaction fees. This way, we don't have to keep track on serves, only on requests (which is bad enough, as every request for a file would lead to an entry in a block as i see it). However if filesystem reads are paid in burst, that would certainly put a floor on the burst price. In fact, it would probably make us all quite rich, as demand for burst would likely go through the roof, as storage became == burst. If we can get as far as making the storage truly decentralized and truly anonymous an encrypted end to end on all levels, then the burst storage price could easily rise well above harddisk price.


newbie
Activity: 24
Merit: 0

Compared to maid and storj (which are just pumped IPOs at this moment, non-mineable and with no utility), BURST makes no promises this will be at all possible. Proof of Being Reliable Storage And Not Just Someone Faking It is very, very difficult to do in reliable fashion. So far, all proposals to do this in decentralized fashion are technobabble than anything sound.

Isn't Maidsafe already doing this?  I understood that they already had something working, right?

Both maidsafe and storj are very aggresively marketing with very little to show for it. Not saying its outright scam (storj at least outlined the backbones how it could work in language which mostly makes sense. Still, their story has a lot of practical plot holes in it.). It's just a lot of snake oil dream selling for my taste (things like buy 10k of our asset ... and you MIGHT download our opensource software, which is of course totally free and open).

Storj dev here. I'd disagree; we do have lots to show for it given the short time we've been around (since March/April this year). The node and farming software we will be using for the tests are here: https://github.com/storj/downstream-node and https://github.com/storj/downstream-farmer. You can see the heartbeat library here: https://github.com/storj/heartbeat. You can download it and use how you wish. We have a dashboard up showing farmer status here: https://live.driveshare.org. This is also open-sourced (see: https://github.com/storj/downstream-dash).

Talked a bit more about the testing in this earlier response:
https://bitcointalksearch.org/topic/m.9762916
newbie
Activity: 24
Merit: 0
(things like buy 10k of our asset ... and you MIGHT download our opensource software, which is of course totally free and open).

^This.
I get really pissed when someone says "opensource" and then you gotta buy it.
It's outrageous to be using the "opensource brand" for their own marketing advantages and profit.
Fuck those cunts. DIAF


Storj dev here. No need to curse at us, please. You don't have to buy anything. Both the node software (https://github.com/storj/downstream-node) and farming software (https://github.com/storj/downstream-farmer) have always been available for download and usage. The funds are to help support the project, developers on the project, etc. Our testing rounds are closed tests that help us test the software with committed users under controlled conditions so we can collect data to grow and improve the network. These are also tests actively supported by the entire team.

The first two rounds are restricted to crowdsale supporters who had faith in us early on and wanted to support our project. There's no requirement to participate in group C as there will be more public testing after that. Some folks prefer to wait until then and that is completely fine.
hero member
Activity: 938
Merit: 1000
People I'm afraid that BURST was raped by botnet now  Angry
I simply can't find any better explanation for the huge diff increase last week. BURST botnet is much  more difficult to detect than CPU/GPU botnet.
That pretty sucks.  Cry

if so, i think this is also not bad. This shows me, that the someone is betting in the future of this coin, that the price will rise. Why such an effort to let a botnet mine a coin, that could not be sold, because none of the exchange has a usefull volume....

there are so much other ways to make more and instant profit with a botnet, as mine this coin.....

Seriously ? Effort ? It's an effort to make money, the maker doesn't care. He will dump his coin as long as he gets his hand to it. Your logic doesn't sound right to me.
hero member
Activity: 527
Merit: 503
Totally different topic, has anyone around here worked Ethereum script?  I'd like to write a simple smart contract and could use some help getting started.
hero member
Activity: 527
Merit: 503
i had'nt to read any further than page one last paragraph.
decentralized cloud storage is what sounds great but includes several flaws of the main idea in terms of service costs.
like point 4 states you can choose the redundancy when putting a file onto the cloud (this i also suggested in the burst storage discussion).
working with 4 copies as default is far too less to protect your files  against loss.
adding 500 copies, which is stated to be armageddon resistant, drives the costs higher than professional hosting costs.  

I agree that 4 copies is too few to be certain.. you set up enough simultaneous miners and get all 4 copies of a product and you can blackmail people to retrieve their data but personally I'd feel comfortable with 10 copies for average use.. I mean look at torrents, how often does a torrent fall apart?

And it's true that 500 copies is more expensive than professional hosting but I would believe that it truly is more secure, and less likely to be lost, lots of redundancy.  In fact if you build some version control in (depending upon the use), so it's 100 copies of 5 different versions,

Additionally, if it's encrypted, you don't trust anyone else with your data.

That being said, I bought some Maidsafe a while back, not much but a little bit.. given the recent spike, I may sell it off.  It is a complicated idea and less likely to come through than Burst, for example.
member
Activity: 75
Merit: 10
i just thought that the storj p2p and jard backend can be used in a private cloud to utilize a companies office pc freespace for data backup container.
there is currently no product doing this in a simple secure way (encryption, storage administration and distribution).

Generally speaking, DFS is very old and quite well researched subject (dating back to Freenet and darknet f2f sharing in general). It's just that bolting economic incentives on top of it is rather difficult.

Also, I'd recommend reading Torcoin paper to anyone curious about bandwidth incentives. To my knownledge, theres no p2p (all network participants being equal, no supernodes) solution - Tor network relies on consensus of the authority ring, and all distributed storage systems parrot Tor in this regard. In my opinion, hardcoded/elected authorities are by definition not decentralized/trustless.
sr. member
Activity: 256
Merit: 250

Compared to maid and storj (which are just pumped IPOs at this moment, non-mineable and with no utility), BURST makes no promises this will be at all possible. Proof of Being Reliable Storage And Not Just Someone Faking It is very, very difficult to do in reliable fashion. So far, all proposals to do this in decentralized fashion are technobabble than anything sound.

Isn't Maidsafe already doing this?  I understood that they already had something working, right?

Both maidsafe and storj are very aggresively marketing with very little to show for it. Not saying its outright scam (storj at least outlined the backbones how it could work in language which mostly makes sense. Still, their story has a lot of practical plot holes in it.). It's just a lot of snake oil dream selling for my taste (things like buy 10k of our asset ... and you MIGHT download our opensource software, which is of course totally free and open).
i just thought that the storj p2p and jard backend can be used in a private cloud to utilize a companies office pc freespace for data backup container.
there is currently no product doing this in a simple secure way (encryption, storage administration and distribution).
sr. member
Activity: 435
Merit: 250
(things like buy 10k of our asset ... and you MIGHT download our opensource software, which is of course totally free and open).

^This.
I get really pissed when someone says "opensource" and then you gotta buy it.
It's outrageous to be using the "opensource brand" for their own marketing advantages and profit.
Fuck those cunts. DIAF
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