I see 3 critical issues now:
1. We need to set up minimum stake to being able to forge. This will secure us from multiaccounting and abusing POA. (It is already done for test phase but will it be the same on the real net?)
2. Currently you can login with the same password on unlimited amount of clients at the same time. I was logged in at 3 linux clients during this test and all of them in peers (nodemoney.com:20000) showed my acc number. I made no tx and forged 3 blocks.
3. There is even bigger issue with linux client which I already reported to Silk. Hope it will be fixed soon.
Topic: Closed Thread - page 242. (Read 677683 times)
what about the problem that exchanges could forge all blocks because of their high amount of transactions?
Well exchanges should get clients/scripts with poa inactive?
Not active clients cannot generate blocks
Amount of the transaction does not affect the POA
Could you clarify this more? My understanding is the sending large amounts gives you a better chance to forge blocks. So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no? Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.
Eventually decentralized exchange could solve this?
If we follow the basic rules, than yes, the exchanges will be in favor! So the PoA concept needs to be adjusted, with rule sets that will allow a better democracy!
I think that exchanges should receive a stand-alone client without the poa rule in place, they primary goal is to assure that transactions are made, not to use the forging system to their profitable advantage!
Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.
Moving NODEs is a big extra to forge fast but is not necessary. U will eventually forge even if u make no transaction.
Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.
I made no transactions during last 2 days and forged 3 blocks.
Personally i would prefer to have a little amount of PoS in addition to PoA so that "inactive" users who just leave the client running also get a little share for helping the network. Don't get me wrong, PoA is great but if you do not move money but help to secure the network by leaving a wallet running you should get something.
Wow awesome work, POA will be a huge thing 
what about the problem that exchanges could forge all blocks because of their high amount of transactions?
Well exchanges should get clients/scripts with poa inactive?
Not active clients cannot generate blocks
Amount of the transaction does not affect the POA
Could you clarify this more? My understanding is the sending large amounts gives you a better chance to forge blocks. So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no? Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.
Eventually decentralized exchange could solve this?
Yes, the larger the amount the more likely to generate a block. The example I made 1 transaction for 500 000 coins, You have done 2 transactions 100 000 coins.
In this example, I will generate the next block .
OK. So won't the exchanges be sending the most/largest sum transactions and consequently forge more blocks?
We think for the exchange to give the client without generating blocks
Cool, that would make sense. I know many exchanges turn off staking for POS coins too, as the many small transactions clutter up the wallet.
what about the problem that exchanges could forge all blocks because of their high amount of transactions?
Well exchanges should get clients/scripts with poa inactive?
Not active clients cannot generate blocks
Amount of the transaction does not affect the POA
Could you clarify this more? My understanding is the sending large amounts gives you a better chance to forge blocks. So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no? Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.
Eventually decentralized exchange could solve this?
Yes, the larger the amount the more likely to generate a block. The example I made 1 transaction for 500 000 coins, You have done 2 transactions 100 000 coins.
In this example, I will generate the next block .
OK. So won't the exchanges be sending the most/largest sum transactions and consequently forge more blocks?
We think for the exchange to give the client without generating blocks
what about the problem that exchanges could forge all blocks because of their high amount of transactions?
Well exchanges should get clients/scripts with poa inactive?
Not active clients cannot generate blocks
Amount of the transaction does not affect the POA
Could you clarify this more? My understanding is the sending large amounts gives you a better chance to forge blocks. So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no? Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.
Eventually decentralized exchange could solve this?
Yes, the larger the amount the more likely to generate a block. The example I made 1 transaction for 500 000 coins, You have done 2 transactions 100 000 coins.
In this example, I will generate the next block .
OK. So won't the exchanges be sending the most/largest sum transactions and consequently forge more blocks?
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what about the problem that exchanges could forge all blocks because of their high amount of transactions?
Well exchanges should get clients/scripts with poa inactive?
Not active clients cannot generate blocks
Amount of the transaction does not affect the POA
Could you clarify this more? My understanding is the sending large amounts gives you a better chance to forge blocks. So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no? Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.
Eventually decentralized exchange could solve this?
Yes, the larger the amount the more likely to generate a block. The example I made 1 transaction for 500 000 coins, You have done 2 transactions 100 000 coins.
In this example, I will generate the next block .
Thank you for the status report. that it will become a good coin
what about the problem that exchanges could forge all blocks because of their high amount of transactions?
Well exchanges should get clients/scripts with poa inactive?
Not active clients cannot generate blocks
Amount of the transaction does not affect the POA
Could you clarify this more? My understanding is the sending large amounts gives you a better chance to forge blocks. So an exchange that has many withdrawals/sends will have more chance of generating a block than almost anyone else, no? Even if it resets to zero after each block generated, it seems like exchanges will be highly favored to forge blocks.
Eventually decentralized exchange could solve this?
testnet seems to be stuck again
I wrote above that are technical work by the end of the week
You are doing a great job.
Hello The real Silk,
I was wondering whether i could interview/talk to you on skype in order to calm concerns about the team involved
I think this would be a good idea in regaining investor confidence in Node
Regards
Bitwhizz
I was wondering whether i could interview/talk to you on skype in order to calm concerns about the team involved
I think this would be a good idea in regaining investor confidence in Node
Regards
Bitwhizz
Agreed, my spoken English is not very good. But I think that you can try. I'll ask koop4u that he would have helped us in this matter
Great,
When would be good for you and Koop4u
Date and Time?
You could skype me on 25/10/14 @ 6:00 PM Bitcointalk time!
I will share my skype via pm!
testnet seems to be stuck again
I wrote above that are technical work by the end of the week
testnet seems to be stuck again
Look at my support
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