Topic: CryptoKingdom Uncensored - page 37. (Read 69560 times)

An ARDOR 'child chain' would be perfect to put everything about CK on a blockchain, based on NXT tech which has been around since 2013 and fully tested and battle hardened.

Here's a summary written by ARDOR core dev 'riker'

You'd basically get your own version of NXT as a child chain, so your main token 'M', plus all your other itmes would become 'assets' with all the features of dividends and messaging etc.

You couldn't design a better system for your Game if you tried IMHO.

Great news that dev work continues on Crypto Kingdom!!

Any news on when building payouts might start again?

^^This is partly why we need an exchange asset. Many will never see game assets as valuable unless they are backed by a blockchain. And given the damage a terrible gm can have, do you really want your value hinged on their whims? Especially when a gm, who is acting as a player, may have an ax to grind and reduce your value based on their mood--there needs to be a way to lock in your hard work and be master of your own fate. Risto is continually showing us why we should have better protections.

The Ardor business case in a nutshell

Existing problems in the blockchain world
1. Blockchain Bloat – every transaction ever submitted to a blockchain will stays forever in
the blockchain and must be re-validated by every new node which joins the blockchain.
2. Dealing with multiple tokens in the context of a single transaction – when creating a
blockchain based token, users need to transact in this token but also pay transaction fee
in the main blockchain token.
3. Crypto exchanges represent a systematic risk to user funds – when converting fiat
money into crypto, users typically has to use 3rd party exchange web sites which
represent a single point of failure and complicates the flow of funds.

About Ardor
The Ardor technology is based on the stable and reliable NXT blockchain source code which has
been running successfully as a public blockchain since November 2013. Every existing function
of the NXT blockchain will be supported by Ardor.

In addition, the Ardor blockchain has a unique design composed of a single parent chain
responsible for the proof of stake process and multiple child chains responsible for the
operational transactions such as asset exchange, voting, messages etc.

Child chains transactions are reported to the parent chain using a new process called
“bundling”. The bundlers, package multiple child chain transactions into a single ChildChainBlock
transaction on the parent chain. The bundlers pay the transaction fees in Ardor and receive the
child transaction fees.

The first child chain of the Ardor platform is called “Ignis”. Ignis will inherit some of the existing
state of the existing NXT blockchain.

Unlike “side chains” and other blockchain related technologies, the Ardor parent and child
chains are based on the same source code and share the same security guaranties.

Let’s see how the unique Ardor blockchain design addresses the problems described above
1. Blockchain Bloat
a. The Ardor parent chain only stores transactions which affect the balances of the
forgers (proof of stake block validators). All other transactions are off loaded to
the child chains.

b. Transactions stored on child chains can be pruned i.e. removed from the
blockchain after 24 hours leaving only a cryptographic proof (hash) proving their
former existence.

c. A new node joining the blockchain will only need to validate the parent chain
transactions, which represent only a small proportion of the transactions and
the last 24 hours transactions of each child chain, not the full transaction
history. In addition, a new node will load a snapshot of the current blockchain
state (account balances, properties, aliases etc) from one of the existing nodes.

d. Individuals or entities which need the full transaction history for their own book
keeping can still store it by setting up an archival node which maintains the full
transaction history based on various conditions. These entities will be able to
prove that a given transaction, while no longer stored on the blockchain, was
presented there in the past.

e. We estimate that this design can reduce the number of transactions stored on
the blockchain at a ratio of up to 1:100

f. In the future, Ardor child chains may even run on their own subnet where all
nodes except one are disconnected from the rest of the Ardor platform thus
providing the ability to componentize the blockchain into domain specific subblockchains
and prevent the need for every blockchain node to process all
blockchain transactions.

2. Dealing with multiple tokens
a. Users of an Ardor child chain will only deal with the child chain token both for
transfer of value and fee payment.

b. When tokens such as assets or currencies are issued on top of a child chain,
users of these tokens pay transaction fees denominated in the child chain token.

c. For certain applications, a business entity managing the child chains may choose
to cover these transaction fees for their users or to not charge transaction fees
at all.

d. This business entity will serve as the transaction bundler to make sure that the
child chain transactions are included in the parent chain

e. Users of asset and currency tokens on this child chain, or users using the voting
system, won’t need to pay transaction fees and may not even be aware that
they are using a blockchain under the hoods.

3. Crypto exchanges represent a systematic risk to user funds
a. On top of the Ardor platform, a 3rd party business entity can issue a “pegged
child chain”. This business will guarantee that the child token is pegged at 1:1
ratio to a fiat currency such as EUR, USD or to another crypto asset like BTC or a
certain commodity value.

b. Users who trust the business entity which guaranty the peg, can use the child
chain token as if it was the base asset, allowing trading of blockchain based
tokens against the base asset without the need to exchange their tokens first
into the Ardor token.

c. While the business risk for the 3rd party peg failing on its promise still exists. The
technical risk for user funds is vastly reduced by storing the account balances on
blockchain.

"It's been a centuries now... Finally, waiting is over!"

"New changes are on the way and I hope they will bring a lot of joy and happy hours playing."

"In this re-booted edition, we are starting with smaller (but important) changes, and will gradually continue adding new details to features as you get familiar with them."

"So, CLANS!!!"

"In this first step, please create your clan and link all characters you want to have in it. Once you link your character (yes, will require character password to verify it's yours), it will be easy to switch to other characters from your clan by selecting them from a list. Soon will come the option to merge your character accounts under a unified clan account."

"Also, improved CLI is now available on each page, and if it's too annoying, you can minimize it--just press the CLI header. Don't forget to check both versions, Advanced and Basic CLI. It is the same in a nutshell, but  Basic is a little more friendly than the Advanced one."

"Thank you all for being loyal to CryptoKingdom through the hard times and I am looking forward for us to build a great future together."

"Truly yours,
Wizard Developer PJ"

"It's been a centuries now... Finally, waiting is over!"

"New changes are on the way and I hope they will bring a lot of joy and happy hours playing."

"In this re-booted edition, we are starting with smaller (but important) changes, and will gradually continue adding new details to features as you get familiar with them."

"So, CLANS!!!"

"In this first step, please create your clan and link all characters you want to have in it. Once you link your character (yes, will require character password to verify it's yours), it will be easy to switch to other characters from your clan by selecting them from a list. Soon will come the option to merge your character accounts under a unified clan account."

"Also, improved CLI is now available on each page, and if it's too annoying, you can minimize it--just press the CLI header. Don't forget to check both versions, Advanced and Basic CLI. It is the same in a nutshell, but  Basic is a little more friendly than the Advanced one."

"Thank you all for being loyal to CryptoKingdom through the hard times and I am looking forward for us to build a great future together."

"Truly yours,
Wizard Developer PJ"

I didn't realise a meeting had already decided this, good to hear.  rpietila will no doubt scream blue murder when it finally happens, but as he's been given plenty of warning about what would happen if he didn't pay his debts, and he still hasn't made any offers to his creditors, then what else can be done

His accounts will be used to pay back his debt if M is valued enough to do so, and he hasn't already done so of his own accord--that was decided a while back.

Why bother about General Meeting ??

when the fact is that I never surrendered the absolute 51% majority in the game to anyone, yet people post here in bright daylight, only pausing to button their darknesshole with both thumbs, before tasting how sweet it is...

What is important by the book, is that since the rebellious ouster, nothing you do really matters, it's not my game.

There is no money, no value, even every single M3 I still had at the time of ouster, is effortlessly stolen.

Are you stupid or what to even talk to the thief, crichton?? How exactly you will ever get anything out in a game of his?? Are you kidding me that in my time, you only want cash out, and suddenly when he steals everything the lightpeople had brought (incl my EUR 7,000,000 total losses), you still believe you have someone to scam here??

As in, hard to believe anyone is after any entertainment value in the future, so yeah you got this one but I have something in mind, as I just said.

There is no money, no value, even every single M3

How about convene a General Meeting just to appoint a Judge to rule on the rpietila debt issue? That's the current impediment that's stifling everything.

Without an exchange asset or deposhares, these would be unpaid positions, so doubtful there'd be any volunteers. Right now the admin/gm are working for free, but I doubt anyone would want to take on the ceo responsibility for free--though it would be welcome.

Someone please call for a General Meeting, get some people in positions, and start making CK great!

CK Founding Document A.D. 1647 - Rules V.2.0 (working copy)

. Preamble

(edit the earlier "TOS" document)

I General Meeting

The General Meeting of CK holders is called, if:
- the Board so wishes, or
- the owners of 10% of the outstanding CK so demand from the Board for any reason. If the Board does not promptly respond with practical arrangements, it may be held nevertheless.

The General Meeting with its agenda must be announced 7 realdays in advance.

The General Meeting may:
- Change the Documents with a simple majority;
- Change the Founding Document with a 75% majority;
- Decide the number of Board members, which has to be 3-9;
- Appoint the Board members, so that each faction of votes gets to appoint members in proportion;
- Determine the compensation of Board members.

II Board

The Board determines the strategy and oversees the progress of CK project.

The Board may:
- Appoint a Chairman from among the members;
- Appoint a CEO and decide her compensation;
- Determine the CEO powers and responsibilities;
- Appoint a GM and decide her compensation;
- Determine the GM powers and responsibilities.

It has a use case in game (like any other game), the problem came when he tried to force an arbitrary euro peg--so don't try to characterize the players he fucked over as accomplices--as long as he was backing the deposhares with real euro and bitcoin, there was never a problem--he was literally telling us, "You'll be sorry if you don't trade your B1, E1 and M3 for M," and he did manage to back that claim up a few times by injecting fake b1 and e1 into the game and making those who cashed out look like they got out at a bad rate. I've always thought there should be an exchange asset, but when luigi created one, risto changed the ck asset to m (something I supported at the time without knowing that he would inflate the supply, so I thought it would be a simple 1ck=1m). He is very likely intentionally sabotaging the game, "why" is anyone's guess--though smooth can validate that in slack conversations he was threatening me with that action, because I wouldn't be bribed or bullied into playing the bad guy (this is around the time he started classifying me as dark in posts).

U sad for Rules to come back?? Don't worry, who was it again who said Constitution has no effect. .  

You get what u wanted, now prepare to get what I want, lizard.