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Topic: [ICO on April 18 - 30% on 1s Day] The Next Big Thing? #Edon #newTechnology! - page 24. (Read 97110 times)

sr. member
Activity: 284
Merit: 250
🌟 LAToken ICO - August 22, 2017 🌟
Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?

At this particular moment we are in talks with 2 exchanges. But we must first a reaction from the community. If people are interested in this project, it will motivate us to continue its development.

+1 for interest here. As for PoL, couldn't one game the system by simply setting up a ton of nodes? (i didn't get a chance to read over everything so not sure if this was addressed yet)

We've taken this  situation into consideration. It is typical for a person to desire monopoly over any kind of resource, so we set in place specific rules that will make  the network expansion accommodate to its needs. One of those rules is to have a minimum balance for forging. This will demotivate rapid expansion of nodes at the beginning. As we progress and the transactional volume increases more nodes will be added to the network, via fluctuations in funds. Idilly we would like to have and stable transactional volume and node increase at the same time. This is a scenario that can happen only at the beginning. But we have looked at ways to combat issues of gaming the line by limiting the amount of forging nodes at the same time. You might think of this as the same way Bitcoin acts with the difficulty rate, The more Hash power is available the harder the difficulty. We can proceed in the same manner only using a variable to determine the optimal forging line. Either way this is not a concern for the network itself, as there will be a line of people desiring to forge either way, and the more nodes are in the network the wider, faster, and more secure it becomes.

Just in case i got you confused, there will be a document explaining how this works, in the near future!


What time release
newbie
Activity: 21
Merit: 0
Proofreading is absolutely invaluable.

Agreed, and have you noticed that there are spelling errors in practically every coin launch with graphics.

I know, why Smiley the people that design them are most likely using photoshop or illustrator, and when typing the text is not spell-checked Cheesy

Have you noticed any spelling errors on our graphics? 
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
Proofreading is absolutely invaluable.

Agreed, and have you noticed that there are spelling errors in practically every coin launch with graphics.
newbie
Activity: 21
Merit: 0
Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?

At this particular moment we are in talks with 2 exchanges. But we must first see a reaction from the community. If people are interested in this project, it will motivate us to continue its development.

I hope you're not ready to throw in the towel already. I'm sure as more information comes out, more interest will follow.

No way!

We are slowly working our way up. And we haven't started promoting the project yet Smiley Right now we are working with SimpleIn on the site, soon we'll have more info available!
sr. member
Activity: 476
Merit: 250
Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?

At this particular moment we are in talks with 2 exchanges. But we must first see a reaction from the community. If people are interested in this project, it will motivate us to continue its development.

I hope you're not ready to throw in the towel already. I'm sure as more information comes out, more interest will follow.
legendary
Activity: 1470
Merit: 1021
Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?

At this particular moment we are in talks with 2 exchanges. But we must first a reaction from the community. If people are interested in this project, it will motivate us to continue its development.

+1 for interest here. As for PoL, couldn't one game the system by simply setting up a ton of nodes? (i didn't get a chance to read over everything so not sure if this was addressed yet)
newbie
Activity: 21
Merit: 0
Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?

At this particular moment we are in talks with 2 exchanges. But we must first see a reaction from the community. If people are interested in this project, it will motivate us to continue its development.
newbie
Activity: 21
Merit: 0
Too many coins I think. I'll keep watching and I have followed on twitter.

You are awesome! We hope to keep you interested, as this is big!
legendary
Activity: 1162
Merit: 1000
newbie
Activity: 21
Merit: 0
What time of launch

When is announced?

We're probably going to announce that in a few weeks, stay tuned!
sr. member
Activity: 476
Merit: 250
Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?
sr. member
Activity: 284
Merit: 250
🌟 LAToken ICO - August 22, 2017 🌟
legendary
Activity: 1526
Merit: 1001
Crypto since 2014
Looks really great. Will be watching. Sounds similar to what Spreadcoin are doing. Well, not the node.js thing but the PoL.
full member
Activity: 168
Merit: 100
Too many coins I think. I'll keep watching and I have followed on twitter.
sr. member
Activity: 284
Merit: 250
🌟 LAToken ICO - August 22, 2017 🌟
hero member
Activity: 980
Merit: 1001
How many coins in total?

50 000 000 coins in the first block.
Been answered like 3 times now one of which was like 5 posts abve yours Wink
legendary
Activity: 966
Merit: 1001
How many coins in total?
hero member
Activity: 980
Merit: 1001
A little more (and when I say little I actually mean a lot Smiley) more technical details would be much appreciated.

How do all nodes agree on the "line" i.e. the order in which nodes are supposed to forge ?
How is the "evaluated score of credibility" calculated ?
How did you solve the DDoS problem (assuming the entire networks knows which node is going to forge next) ?
How (and who) is determined if and when "a node is fully operational" ?
Any pre-requisites for nodes to join "the line" like a bond or anything ?
...

Srsly you couldn't have been more vague  Undecided

1)
...
An important fact is that each time a node loses connection to the network, it internal memory is wiped, thus repeating the process at connection.
...

2)
...
until the time elapses and every node calculates its score.
...

3)
...
 it will still be in vain, thanks to node.js millions of connections per sec can be handled with ease
...
...
the network will just switch to the next one in line.
...

First of all thank you for answering my questions ! I'm hoping there will be a detailed whitepaper or technical reference released that will detail everything ?

@1) How are you going to force nodes to wipe their internal memory ? I'm assuming at some point this project will be open-source at which point you can't assume nodes to behave like you want them to.
Also what if the node fails to forge a block ? Is there some punishment for that ?
Lastly I'm not convinced that all nodes will come to the same conclusions for a new node that joins the network. Latencies will be different for each node, potentially very different once the network get's bigger. So a node might be pending for one node but activer for another. How does the conensus on that internal ledger of nodes work exactly ?

@2) From how I understood it there is an internal ledger that all participating nodes agree on that defines the line. Now what stops any node from calculating the scores based on that ledger ? Every node has to be able to do that otherwise they can't know who's block they are supposed to accept or am I missing something here ?

@3) So what you're saying is node.js solves the DDOS problem all by itself because it supports so many connections ? I'm sorry but I think that's a little delusional.
Yes of course the network will swtich to the next one in line and so will the attacker.
Is there any mechanism that will blacklist nodes that behave negatively ?

legendary
Activity: 1176
Merit: 1005
crunck
Losing interest a little now with this and the drip of info, I think I will re visit once all the information has been released.

Thanks
Crunck
sr. member
Activity: 284
Merit: 250
🌟 LAToken ICO - August 22, 2017 🌟
How much available supply?
Is 5500 0000 coin?
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