[ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 199.

chinadaye

member

Activity: 85

Merit: 10

Quote from: Evil-Knievel on December 06, 2016, 11:07:31 AM

A few small bugs in the miner are being solved right now,
and the new retargeting method is being tested locally right now ... I guess we can put it into the testnet in a few hours.

Now it's time for some contests where people can get some BTC if they crash the software or manage to steal funds. Getting rid of any potential bugs is the main part that is left.

Everything else works perfectly.

Tu sum up: We just need to get the GPU miner ready, and stress test for the last remaining bugs and that's it i guess.

Great work

BTCspace

hero member

Activity: 952

Merit: 501

Quote from: Evil-Knievel on December 06, 2016, 11:07:31 AM

A few small bugs in the miner are being solved right now,
and the new retargeting method is being tested locally right now ... I guess we can put it into the testnet in a few hours.

Now it's time for some contests where people can get some BTC if they crash the software or manage to steal funds. Getting rid of any potential bugs is the main part that is left.

Everything else works perfectly.

Tu sum up: We just need to get the GPU miner ready, and stress test for the last remaining bugs and that's it i guess.

Except BTC bounty, I think community can commit some XEL as bounty.

BTCspace

hero member

Activity: 952

Merit: 501

yes we can vote for the donations.

that's will make the governance of XEL more easier.

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

A few small bugs in the miner are being solved right now,
and the new retargeting method is being tested locally right now ... I guess we can put it into the testnet in a few hours.

Now it's time for some contests where people can get some BTC if they crash the software or manage to steal funds. Getting rid of any potential bugs is the main part that is left.

Everything else works perfectly.

Tu sum up: We just need to get the GPU miner ready, and stress test for the last remaining bugs and that's it i guess.

chinadaye

member

Activity: 85

Merit: 10

HI,EK,What is the latest progress?

ttookk

hero member

Activity: 994

Merit: 513

Quote from: wizzardTim on December 05, 2016, 05:31:59 AM

Quote from: Evil-Knievel on December 05, 2016, 05:04:44 AM

Quote from: BTCspace on December 04, 2016, 07:20:26 PM

how about EK post a donation address for XEL？

So when XEL release i would like to donate 5% of my share to support XEL long term development.

It's a not easy project,but EK did a great job and never disappoint us.

Also for more donation, we can reward HMC some XEL for his talent work too.

I also like this idea, but I do not want to hold any funds and with it the huge responsibility.
What we could do is introduce a "shared address" which can only spend XEL to other addresses when a) a proposal has been made to send x XEL to some address and b) when the majority of "donators" have votes in favor of this proposal.

Adds some complexity but should not take more than a day to program. This would be true "decentralization" ;-)

I don't know why but that sounds to me like a smart contract :p

My thoughts exactly Wink

Additionally, this makes me wonder why the donators can't send the XEL directly to the receiver, if they are the ones deciding in the end. Isn't that what a fund is for, that you say "you know better than me, so you make the decision, I trust you"?

wizzardTim

legendary

Activity: 1708

Merit: 1000

Reality is stranger than fiction

Quote from: Evil-Knievel on December 05, 2016, 05:04:44 AM

Quote from: BTCspace on December 04, 2016, 07:20:26 PM

how about EK post a donation address for XEL？

So when XEL release i would like to donate 5% of my share to support XEL long term development.

It's a not easy project,but EK did a great job and never disappoint us.

Also for more donation, we can reward HMC some XEL for his talent work too.

I also like this idea, but I do not want to hold any funds and with it the huge responsibility.
What we could do is introduce a "shared address" which can only spend XEL to other addresses when a) a proposal has been made to send x XEL to some address and b) when the majority of "donators" have votes in favor of this proposal.

Adds some complexity but should not take more than a day to program. This would be true "decentralization" ;-)

I don't know why but that sounds to me like a smart contract :p

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

Quote from: BTCspace on December 04, 2016, 07:20:26 PM

how about EK post a donation address for XEL？

So when XEL release i would like to donate 5% of my share to support XEL long term development.

It's a not easy project,but EK did a great job and never disappoint us.

Also for more donation, we can reward HMC some XEL for his talent work too.

I also like this idea, but I do not want to hold any funds and with it the huge responsibility.
What we could do is introduce a "shared address" which can only spend XEL to other addresses when a) a proposal has been made to send x XEL to some address and b) when the majority of "donators" have votes in favor of this proposal.

Adds some complexity but should not take more than a day to program. This would be true "decentralization" ;-)

yosir

sr. member

Activity: 260

Merit: 250

Quote from: BTCspace on December 04, 2016, 07:20:26 PM

how about EK post a donation address for XEL？

So when XEL release i would like to donate 5% of my share to support XEL long term development.

It's a not easy project,but EK did a great job and never disappoint us.

Also for more donation, we can reward HMC some XEL for his talent work too.

Great idea,
I would like also to donate when it will be possible

BTCspace

hero member

Activity: 952

Merit: 501

how about EK post a donation address for XEL？

So when XEL release i would like to donate 5% of my share to support XEL long term development.

It's a not easy project,but EK did a great job and never disappoint us.

Also for more donation, we can reward HMC some XEL for his talent work too.

BTCspace

hero member

Activity: 952

Merit: 501

Quote from: HunterMinerCrafter on December 04, 2016, 06:51:59 PM

Quote from: Evil-Knievel on December 04, 2016, 06:46:30 PM

Well, unfortunately it ends tomorrow 07:51:39 PM forum time.

Am I correct in that this means that there is just under 20 hours remaining? That should be plenty of time...

welcome back HMC.

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

Quote from: HunterMinerCrafter on December 04, 2016, 06:51:59 PM

Quote from: Evil-Knievel on December 04, 2016, 06:46:30 PM

Well, unfortunately it ends tomorrow 07:51:39 PM forum time.

Am I correct in that this means that there is just under 20 hours remaining? That should be plenty of time...

Yes, judging by your posts timestamp the forum seems to run GMT time. So we have plenty of time left.
I have implemented the Kimoto thing as loracle suggested. While it looks fine in the python testbed it looks awfully bad when implemented in the client and tested with a pool of miners running the latest version of xel_miner.

I agree it's hard to pull of a reliable retargeting algorithm with the 20 POW/block&work cap, but as long as we come up with something that distributes POW payments evenly in the long term, it shoud be okay I think.

Glad to have you back! At several points we really felt lost without you!

HunterMinerCrafter

sr. member

Activity: 434

Merit: 250

Quote from: Evil-Knievel on December 04, 2016, 06:46:30 PM

Well, unfortunately it ends tomorrow 07:51:39 PM forum time.

Am I correct in that this means that there is just under 20 hours remaining? That should be plenty of time...

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

Quote from: HunterMinerCrafter on December 04, 2016, 06:31:27 PM

Quote from: Evil-Knievel on December 03, 2016, 08:23:08 PM

Quote from: ttookk on December 03, 2016, 07:43:43 PM

Am I right in assuming, that the contest is over? Any results?

It's not over yet Wink

But nobody seems to want 2 BTC except one guy so far. His work is amazing though. Let's see if something better comes

Yes, when exactly does it end? I've started "an entry" but would like to know how much time is left...

P.S.

Sorry for having dropped off of the radar for a bit. I've still been lurking and keeping an eye on the github. (more on that later)

Well, unfortunately it ends tomorrow 07:51:39 PM forum time.

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: HunterMinerCrafter on December 04, 2016, 06:31:27 PM

Quote from: Evil-Knievel on December 03, 2016, 08:23:08 PM

Quote from: ttookk on December 03, 2016, 07:43:43 PM

Am I right in assuming, that the contest is over? Any results?

It's not over yet Wink

But nobody seems to want 2 BTC except one guy so far. His work is amazing though. Let's see if something better comes

Yes, when exactly does it end? I've started "an entry" but would like to know how much time is left...

P.S.

Sorry for having dropped off of the radar for a bit. I've still been lurking and keeping an eye on the github. (more on that later)

welcome back!

TheDR

full member

Activity: 124

Merit: 100

I want to learn to program in Elastic programming language anyone want to with me?

HunterMinerCrafter

sr. member

Activity: 434

Merit: 250

Quote from: Evil-Knievel on December 03, 2016, 08:23:08 PM

Quote from: ttookk on December 03, 2016, 07:43:43 PM

Am I right in assuming, that the contest is over? Any results?

It's not over yet Wink

But nobody seems to want 2 BTC except one guy so far. His work is amazing though. Let's see if something better comes

Yes, when exactly does it end? I've started "an entry" but would like to know how much time is left...

P.S.

Sorry for having dropped off of the radar for a bit. I've still been lurking and keeping an eye on the github. (more on that later)

ttookk

hero member

Activity: 994

Merit: 513

Quote from: BTCspace on December 04, 2016, 11:29:18 AM

Quote from: ttookk on December 04, 2016, 10:09:26 AM

I just now stumbled accross the term homomorphic encryption…
https://en.wikipedia.org/wiki/Homomorphic_encryption

The more you know.

that's for privacy?

For the most part, yes. With concepts like golem, I always wondered how to ensure that the guy rendering your video doesn't steal you content. What if it's sensible material or a new video of your band and someone uploads it on youtube without your consent, stuff like that.

Or the other way around: What if you would render something illegal? You might realize this too lately.

Another point would be, that it makes messin with your data harder. For example, if you'd use plain data and wanted a video done, someone could render the first few minutes properly and throw some bogus data in the rest of the file. If you weren't careful enough, you might pay without realizing, that most of what you pay for is garbage. When the guy doesn't know what they are working on, they can't mess with it as easily.

I didn't realize, that computation on encrypted data is possible.

So, this protects both sides, actually.

BTCspace

hero member

Activity: 952

Merit: 501

Quote from: ttookk on December 04, 2016, 10:09:26 AM

I just now stumbled accross the term homomorphic encryption…
https://en.wikipedia.org/wiki/Homomorphic_encryption

The more you know.

that's for privacy?

ttookk

hero member

Activity: 994

Merit: 513

I just now stumbled accross the term homomorphic encryption…
https://en.wikipedia.org/wiki/Homomorphic_encryption

The more you know.

Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 199. (Read 450523 times)