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Topic: Closed Thread - page 133. (Read 677703 times)

rlh
hero member
Activity: 804
Merit: 1004
January 07, 2015, 07:37:56 AM
Correct me if I'm wrong, but the point of a needing a balance for such things is to (only) mitigate the risk of a SA, is so the cost of such an operation is to expensive to be practical.

No system (that I'm aware of) is 100% protected against the outlier cases of a sybil.  I think, you could potentially monitor a few metrics and use them for calculating the value of a node.  If a very-healthy node is expensive to maintain (constant uptime, with restarts of servers being very brief, and a fast connection) you can mark the node as a "really good one".  If someone wants to cheat the system by creating an array of super-nodes, it should be expensive if the network of people and services using the network is large.  Also, if you have a very rigid process for validating blocks and TXs, you could slap heavy penalty "weights" on nodes so that can't forge for a LONG time.

I've been thinking about reputation in a trustless network in the back of my mind for a couple years but for a different type of application.  My gut is that there is an alogrithmic "sweet spot" where you can award healthy, but poor, nodes with the ability to mine blocks.  I'd have to get out the calculator and fudge some network statistics coz I don't have a massive network to test on, but I think this can be done.

The "problem" with my request is that a simple solution might not be simple to derive.  Using a balance as a means to determine who can forge is easy-- just look at a number on an account and then apply a little math to it.  However, statistically analyzing a graph-network, distributing consistent (verifiable) results and then deriving a meaningful output is difficult.  But, once you've found the magical formula, you're golden.

Sorry for this and my former post.  I get ideas and I post them a little faster than I should when I login here BEFORE I get my AM coffee.

😴
hero member
Activity: 980
Merit: 1001
January 07, 2015, 07:09:32 AM
I think I'm seeing something similar.  I have over 1%, forging away, on a node that has been running non-stop for over a week.  For a while I was getting about 25% of all blocks.  Now, I'vd not seen my account hit a block for days.

My account is the 9689... one.  At my heigth of generation, I was getting every other block.  Now... Nothing and I'm on a rock-solid system with a good network connection.

Instead of resetting counters, I suggest running statistical averages on each node and provide more blocks for the healthiest nodes.  I know changes are coming to the PoA algorithm.  I hope this is the approach you take.  I would.

Also, if you can derive a good metric to determine the health of a node, the. You can get rid of the need to monitor user balances.  Also, I think wouldn't even care if the account is sending/receiving funds.  If there is an account on the network, associated with a node that has 99.999% uptime and a dedicated fibre line, it deserves to hit blocks, even if it's balance is 0.

That's just my opinion.  Keep up the good work.  Thanks devs!

And how would you like to prevent a sybill attack with many "healthy" nodes without balance ?
rlh
hero member
Activity: 804
Merit: 1004
January 07, 2015, 07:00:27 AM
I think I'm seeing something similar.  I have over 1%, forging away, on a node that has been running non-stop for over a week.  For a while I was getting about 25% of all blocks.  Now, I'vd not seen my account hit a block for days.

My account is the 9689... one.  At my heigth of generation, I was getting every other block.  Now... Nothing and I'm on a rock-solid system with a good network connection.

Instead of resetting counters, I suggest running statistical averages on each node and provide more blocks for the healthiest nodes.  I know changes are coming to the PoA algorithm.  I hope this is the approach you take.  I would.

Also, if you can derive a good metric to determine the health of a node, the. You can get rid of the need to monitor user balances.  Also, I think wouldn't even care if the account is sending/receiving funds.  If there is an account on the network, associated with a node that has 99.999% uptime and a dedicated fibre line, it deserves to hit blocks, even if it's balance is 0.

That's just my opinion.  Keep up the good work.  Thanks devs!
legendary
Activity: 966
Merit: 1000
January 07, 2015, 06:50:41 AM
Hi to all, i have followed guido for installation of client in vps, it works some hours and after the block suddenly  stop of update and i need to restart  manually the service (evidently i lost all activity points), i´m using debian 7 64bits vps, the node version is 0.35 and i´m too using the latest linux version of nodecoin,

thank you in advance

sr. member
Activity: 457
Merit: 250
January 06, 2015, 03:56:37 PM
Merry Christmas for devs!


Thank You!
sr. member
Activity: 450
Merit: 250
January 06, 2015, 03:02:57 PM
Merry Christmas for devs!
legendary
Activity: 1526
Merit: 1012
January 06, 2015, 01:54:01 PM
When da new client ?

Yesterday I found a bug in the updated version and decided not to release the client in a real network, I'll be waiting when return staff in the office and we'll run the test network for testing as suggested earlier users of the community, it will be wiser. After stable operation of the test network we will carry on a real network. We changed the algorithm POA and I can't risk it on a real network, only after thorough testing and fixing bugs will be issued a new client.

thank you
hero member
Activity: 531
Merit: 500
January 06, 2015, 01:42:34 PM
When da new client ?

Yesterday I found a bug in the updated version and decided not to release the client in a real network, I'll be waiting when return staff in the office and we'll run the test network for testing as suggested earlier users of the community, it will be wiser. After stable operation of the test network we will carry on a real network. We changed the algorithm POA and I can't risk it on a real network, only after thorough testing and fixing bugs will be issued a new client.

Good decision. I'll help to test if necessary.
sr. member
Activity: 457
Merit: 250
January 06, 2015, 11:36:16 AM
When da new client ?

Yesterday I found a bug in the updated version and decided not to release the client in a real network, I'll be waiting when return staff in the office and we'll run the test network for testing as suggested earlier users of the community, it will be wiser. After stable operation of the test network we will carry on a real network. We changed the algorithm POA and I can't risk it on a real network, only after thorough testing and fixing bugs will be issued a new client.
legendary
Activity: 1526
Merit: 1012
January 06, 2015, 11:18:29 AM
When da new client ?
legendary
Activity: 966
Merit: 1000
January 06, 2015, 05:48:50 AM
Hi, i would like know how is going nodebank development, and say than bounty thread is with little activity, i have bough a quarter of million and created a node, i like this project a lot, we need more often updates


thank you and i would love to help project
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
January 06, 2015, 02:09:27 AM
where is the roadmap?the price is too low
again, the node is long-term project.
See the OP.
newbie
Activity: 14
Merit: 0
January 06, 2015, 12:36:10 AM
I love Node! To the moooooon!

"4120890003132688172" - Node Address
member
Activity: 84
Merit: 10
January 05, 2015, 11:05:22 PM
where is the roadmap?the price is too low


I've written about it before


May be few of the Crypto community has a fundamental economic education so just a few of them realize that today's CryptoCurrency market is not a market at all - it's a Trade Fair of hopes rather than the market of products and services as it should be, and this is its biggest drawback btw.

We created Node for other purposes, so we are not interested in speculative market at all.
Today Node is trading on a single exchange on an experimental basis, and soon we will add it on a couple of others, but only because there is a need of the Community - for us it is unnecessary at this stage, honestly.

Btw on that single Exchange Node is always in Top15 Cheesy regularly leaving Darkcoin behind by trading volume  Grin ...what is a quite strange for us at this stage 'cause we don't play with the rates like others, - we don't blow bubbles and don't arrange American races with japanese candles, - we haven't sold on Bter a single Node from the development fund (what is easy to check btw). Honestly we don't paying attention to the present exchange rate at all, 'cause in fact before the release of final product it doesn't cost anything like any other Cryptocurrency btw, but unfortunately very few people understand it.

We would rather work for the future and did not focus on speculative trading, we have a different concept.
Honestly, the less speculations will be associated with a Node the better for us in the long run, even if the Exchange rate will be 2 Satoshi.
Frankly, speculative trading is the biggest problem of any crypto project.

hero member
Activity: 585
Merit: 500
January 05, 2015, 10:45:38 PM
where is the roadmap?the price is too low
legendary
Activity: 882
Merit: 1001
January 05, 2015, 08:38:17 PM
BTC to $240 ?  Shocked
How will this influence node ?

shit, regret not sell at $300  Angry
you never know the market, but you can choose to believe the btc in long term.

and a nice one: https://www.bitstamp.net
 Grin
lol http://www.wired.com/2015/01/bitstamp-offline/
and btc-e still the greatest exchange Grin
how about the China exchanges ,like OKCOIN,HUOBI,BTCCHINA?
sr. member
Activity: 450
Merit: 250
January 05, 2015, 03:10:20 PM
"You can't see the wood for the trees."
Only too true.
sr. member
Activity: 450
Merit: 250
January 05, 2015, 03:07:28 PM
Can you fill the questionnaire? Cheesy

About the Node:

Operational - ? Months
Consensus Mechanism
Block Production TIme
Recommended Confirmation Time
Worst Case for Confirmation Time
Transaction Load
Anonymous Transactions
Transaction Fee Costs
Network Security Costs
Share Supply
Share Divisibility (precision)

Coin features: Yes/No/In Development/Planned:

Profit Sharing
Market Pegged Assets
User Issued Assets
Order Matching
User Registered Accounts
Messaging
Cross-Chain Trading Support
Multisignature
Smart Contracts
Hardware Wallet
Mobile Wallet
Decentralised Exchange
Pruning
Voting System
Instant Transactions
Automated Transactions
Mesh Networking
Account Control
Marketplace
Brain Wallet
Alias System
Encyrpted Blockchain Messaging
Merchant Tools
Inflation
Average Volume (mil USD)



Most people have no idea of anything like this nor do they care anything like this.
They just want to move money and to use their money as they like.
Which is the target? 100 people? 1000 people? or maybe tens or hundreds of thousands, millions of people?

Keep it simple.
Simple and effective.
hero member
Activity: 490
Merit: 504
January 05, 2015, 02:52:12 PM
Can you fill the questionnaire? Cheesy

About the Node:

Operational - ? Months
Consensus Mechanism
Block Production TIme
Recommended Confirmation Time
Worst Case for Confirmation Time
Transaction Load
Anonymous Transactions
Transaction Fee Costs
Network Security Costs
Share Supply
Share Divisibility (precision)

Coin features: Yes/No/In Development/Planned:

Profit Sharing
Market Pegged Assets
User Issued Assets
Order Matching
User Registered Accounts
Messaging
Cross-Chain Trading Support
Multisignature
Smart Contracts
Hardware Wallet
Mobile Wallet
Decentralised Exchange
Pruning
Voting System
Instant Transactions
Automated Transactions
Mesh Networking
Account Control
Marketplace
Brain Wallet
Alias System
Encyrpted Blockchain Messaging
Merchant Tools
Inflation
Average Volume (mil USD)
sr. member
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
January 05, 2015, 02:31:20 PM
BTC to $240 ?  Shocked
How will this influence node ?

shit, regret not sell at $300  Angry
you never know the market, but you can choose to believe the btc in long term.

and a nice one: https://www.bitstamp.net
 Grin
lol http://www.wired.com/2015/01/bitstamp-offline/
and btc-e still the greatest exchange Grin
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