Topic: Idena is the first Proof-of-Person Blockchain - page 16. (Read 44266 times)

Idena explorer has new update, now containing charts to better visualise network metrics growth.

https://scan.idena.io/charts

Looking for a invite to this been following for some time now and am in love with this concept for a blockchain.

I don't know if it's only me but I always get a penalty even if I turn off the mining and close the wallet, do I have to just open a wallet a little longer before closing it, anyway two days to go before the validation and I'm very excited now looking forward to my third validation.

Idena first tweet https://twitter.com/idenaperson/status/1446744653437546498

(for the general good, activity is needed in the form of subscriptions, reposts and likes) Thanks

Are you new to Idena and looking for an invitation to join the network?

👋🏻 Tired of asking for an invite in chats and wonder why there's only few responses?

🤓 Want to know more about how the invitation system works?

🤔 Or simply don't know where to start?

➡️ Here's a guide that will help you to secure your invitation with confidence!
https://medium.com/idena/how-to-get-idena-invitation-easy-and-fast-ec1faace5cc7

Dear community,

To stimulate the discussion and endorse the efforts of the participants the core team announces a bounty for the best proposal of the community wallet governance mechanics.

The participants should post a detailed description of the governance mechanics for the community wallet. Proposals can be posted on any publication platform.

The best proposal will be chosen by the whole-network oracle voting initiated by the core team when the list of proposals is finalized. The oracle will also have a "no proposal is good enough" option in the voting which will return the reward to the foundation wallet.

The reward from the core team is set to 5K iDNA. The reward can be later increased by the community as a crowdfunding initiative.

The proposals are accepted in the community-wallet-use channel on Idena Discord starting from now on until October 31. After that, on November 1 the oracle voting will be started.

Source: https://t.me/IdenaAnnouncements/905

There have been a lot of projects which involve creating a trustable online identity, even entire coins built around that idea.

Just two examples, but there are dozens.

https://nameid.org/

https://coinmarketcap.com/currencies/civic/

Of course if you have some definitive way to value identities to eliminate spam then you could do the 'human verification' part of idena by using trusted identities. A lot of effort has gone into that type of thing both by official mainstream projects and non mainstream e.g. crypto.

If you eliminated that 'verification' step then you would sort of have a modern version of huntercoin, a human mined coin, but without the game part. You would have to find something for the verified identities to do to earn coins.

I love your take on productive/unproductive part of current Idena process. For now no one came up with better idea on how to secure Proof-Of-Person network. Let's hope that as Idena reaches more people and grow in popularity, new bright ideas will come which could turn this process around to 100% productive in every way possible. That would be truly incredible.

Idena verifies that a person is participating, and it makes the 'work' of each of those people financially equal, but the thing that stands out is that the 'work' is non productive, as with bitcoin.

You can verify that a person is 'mining' by either having them do productive or unproductive work.

At some point people will develop scripts or bots to do whatever a 'human centric' coin will do.

And it is better to have those hackers or bot makers develop scripts to imitate productive work rather than unproductive.

If you found a way to have idena miners verify their presence by doing some human work along the lines of primecoin or gridcoin you would become the number one coin, maybe ahead of bitcoin, until you got copied and cloned to second place.

Big part of what makes Idena great in my opinion is verification without any form of KYC. Also, there is other project which is maybe closer to what you are proposing with IP's, nyzo.io

Learn how to talk first then proceed to opening ur mouth. Thus far I could only understand incomprehensive dronning and railing on random stuff. Alright. Since Im here Im gonna light ur path, guys. I have been following Idena a couple years now and formed impartial opinion about it. My take is, we need something to allow an average customer on the block to verify their identity using internet DNS system. That can be done by binding ur name, credentials etc. to IPV6 address. Thoughts?

A great tool I am graded b here have bookmarked this and will use it hours before the validation, I thought I failed on last night validation I waited for hours for the validation results, I have to get a sleep and wait the next day and got up with a perfect validation and still have a 100% grade.

Guys, I have found some great tool to test your internet connection. Not speed, but router/connection capability.

http://www.dslreports.com/speedtest?httpsok=0

If your connection is graded A or B it is great and you can run your node and Desktop App for validation.

If it's graded below, maybe you are on wifi, try lan cable, if it still sucks, you MUST use Web App for validation.

Everyone who is running their own shared node, this can be usefull for troubleshooting Web App validation

https://github.com/idena-network/idena-web/discussions/123

Join in on the discussion so we can make troubleshooting easier for all.

This is good and will try this one when I have an invitation to give so the inviter will not have wasted the invitation, glad that I did not go through I got my invitation on the first request and perfected the validation, hopefully, I can perfect my second validation.

Now you can give your candidate an invitation code and tell him to try out Test Validation using link when he gets in Web App My Idena page

After he finishes it, he can show you his certificate
If he does not show it, you can terminate invitation and repeat the process

Talking about eco friendly mining and low power PC's that can support running Idena node, in Discord, we ended up with Comunity dev @bus running node + web app on his mobile phone. Full node sync lasted 90 minutes! And what's even sillier, he succeeded on running node on his Galaxy Watch

Node + Web App on mobile phone


Node on Galaxy Watch

I agree with majority of your post. The only thing is that network was growing exponential because mining reavenues were huge (we pumped 6x very fast). Its not the validation problems that stopped network from growing. It was price dump. Idena dumped 60% in 12 days. so if you were able to mine 500$ per month and people were buying invitations and yet no one was giving them away because everyone was spamming all friends and family memebers to join the network. Than price dumped, mining rewards too and people give up. At least with persuading all cousins, aunts and uncles at family dinners to join.


Yea. Its the biggest event since ... first epoch. Now we are ready for going wild.

Let me add my 2 cents to your conversation.

Any coin needs quick and constant growth of its metrics (not price!) in order to draw attention of investors - smart people with some money. And only after this attention is drawn buy orders start to grow. Most of people behave some kind of opposite to investors - they see price pumps and then start to pay their attention to that asset and even buy it hoping of further growth. This is a losing strategy for most of the people besides maybe small portion of really smart traders.

So, the main thought here is that you need to have some parameter or characteristic of your blockchain which is rapidly growing and outperforming other rivals. For Idena these parameter are number of unique users (identities) and full nodes number. An interesting thing is that in idena each identity automatically implies miner. So every user which takes part in validations automatically gets his small reward. This is mind boggling property in terms of potential user base size. Besides, these consecutive validations are very interesting and entertaining events on their own, they seem like online multiplayer game or some kind of smart mob event. So validations naturally draw people's attention without any guaranteed rewards. People join the network just for fun, regardless to its current market capitalization, emission, price, etc.

I bought Idena at average price of $0.04 in the beginning of 2020. At that time the network did grow every epoch exponentially and I was sure that made a right decision of buying it. But then some technical and scaling issues started to appear. People could not connect the network right before validations and thence their identities were kicked out and then killed (I mean 'suspended -> zombied -> killed' cycle). So the growth started to decline of even go back. For now I think it is obvious that Idena need sharding in order to continue its growth.

So the team recently has announced 27th hardfork which includes long awaited sharding:
https://medium.com/idena/idena-hard-fork-announcement-validation-sharding-ca910bac3599

I hope that this technolodgy will help Idena in terms of scaling. And when (and if) that happens we will see investors putting their money in Idena massively.