Topic: Crypto innovations - The Communist Bloc 50,000 QRK - Update bounty. (Read 2825 times)

added a Overview for  a coder...



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HAIL our glorious Banking leaders !

We are at awe with your ingenious Central planning !

HAIL !

updated the bounty to 50,000 k -

thats a lot of bananas !  (depending on where you buy bananas) ( i mean i'm sure Greenland has some sort of logistic overhead.)

Had a second dev have a look at this - will update with clearer info soon ..

thanks, adding QT images for better visualization.  (might help? )

I don't know if i am awake yet for this topic of yours but you seem to be an exceptionally clever and smart guy
so i wanna bump this for others to evaluate and maybe one of the responders can dummy it down for me lol

up to 30k new address which will be the bounty address -

yes i believe there is - i believe it was included in some cryptos spammed out here, will have to look at it.

Our Banking overloads need to hire his Marketing company - they aren't getting the traction they use to.

I thought randomness inside time interval [0,10], [10,20], ...   not randomness of volume, amount of donated coins. Is there some solution for true time random blocks coded in other coins  (not hardcoded for block numbers including % operator)?

agreed its satire -

the random nature of the issuance could be sourced from the total - so for example no one could know what the total will be at the end of the 30 days .

for example in theory just seconds before freeze anyone could send a single Quark and change the total -

then it could find a Random issuance from that - the thirds could be determined  probably a job for a coder.

It seems idea is Oligarch Bloc, not Communist Bloc Bloc will go to the oligarch.

Maybe it should be called Post Communism Bloc, or Early Capitalist Bloc.

Whole process should be titled as Reverse or Inverse Revolution or Anti Robin Hood Battle(s) Of course without stealing coins because of the free will for donations.

Do you know coin with true random time (not hardcoded block number in source code) for reward block?

further thinking on this  - i wonder if a scaled random ratio is possible?  (probably much harder to code )

But for example lets zoom into one 10 day period :
and have say probability weight from (10 to 100)

day 1  - Probability score to issue  (10 weight)

and so on .......

day 10  - Probability score to issue  (100 weight)

so you see the likely hood of it being issued is shifted to later in the set of 10 days that's not to say it Can't happen- but its just more likely at the end of the set.

this means profit miners and (attack miners) have a chance of missing it - its not a sure thing, but its there.

So from probability game theory set

People that just run a miner on the whole set 10 days have 100% entry in a chance.

People that only mine on day 9 and 10  ( where they believe the weight is strongest) still risk a complete miss. (as its all or nothing) (for that set)

so for them they have to decide now to mine say from day 5 - but if the weight is pushed its rare but can happen that its issue on day 1 (complete miss)

so its probability weight inside a random issuance. - sometimes that thing will fall on day 1- 5 but its more likely on 5 - 10 .

: D

you like?


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also alternatively the Communist answer would be:

We will make it on day 7 and we will issue a 1 million block that goes to my friend Steve. (he's open market accredited ) (so its all legal) .

( the Communist block explorer won't show any of this)  (its just like Wall St) ; D

that's a great idea and i thought about that -

problem is then that just creates another gap so for example if its day 4 and its been rewarded, are you suggesting that the 2nd reward can now occur straight away ?

well if it happens to occur on say day 5 now we have 2 /3rds given in 5 days - which really gives an incentive for miners to walk away -

the social science of the 3 in 10 day blocks i thought was better.

We have to step outside the box - not all miners are created equal.

mining psychology

A - some miners are just agnostic, these are "profit miners" they see electricity; return break even profit , that's great that exists and we applaud that.

B - however some miners believe in the product, so this is more in keeping with grass roots "bootstrap" idea, don't get me wrong this is not fairy land , they have a profit in mind , but its not a short term "back to paper" profit.

So you see Miner A has less belief in "cryptocurrency" and See's mining as a way to get paper (fiat)  ( completely rational )

Miner B is more invested in the idea of Crypto and is utilizing the tools immediately at his/her disposal for an investment in the future.

so for example the C - Bloc may certainly not provide enough incentive for group A but could for group B, group A can certainty participate and the extra hash will not be a problem, but its more likely that group B will participate more consistently.

again this isn't "hope and change" this is " the price in paper (fiat) is not enticing enough" for group A.

now the second part of the story ( which you would be well aware of )  

a group of "actors" trying to exploit it - i.e turn miners on to get the reward to dump it, they are welcome to do that also, all things being equal they use PoW to do that , that's fine they had a cost it was returned in hash to the network, we thank them. if that occurs constantly we would review the process, and this just then leads to more improvement:

and so goes Crypto currency evolution.  
 

If the first reward is granted on day 2 of the 1-10 period (for example) and the next one is designed to be released in between 10-20 of the month all the miners will switch off their rigs and wait for the next period to start mining again.

To avoid this you wold have to forget about fixed periods so that the next period in which a commie block is given starts right after the first is found.

a Dev has shown some interest ! ; D

fyi - i know there is no innovation on this forum that died a long time ago - i'm posting here so i could add the cool cube image as i can't add that to Reddit.

also rather keep technical matter off my blog - but i will be raising a bounty of sweet sweet bananas if anyone wants to try to give this a shot !

reserved for shilling.