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Topic: Introducing Storecoin zero-fee payments and p2p cloud computing platform - page 2. (Read 1259 times)

jr. member
Activity: 84
Merit: 1
Guys, you can read about Storecoin's Governance here: https://storecoin.com/governance
jr. member
Activity: 140
Merit: 2
Advisors are very cool, especially The Crypto Dog (Full-time Blockchain investor)

I think they will test their system in USA because former digital director for the Obama White House is their advisor Grin

And Facebook will help, former infrastructure engineer at Facebook is their adviser too 😂
jr. member
Activity: 62
Merit: 1
Advisors are very cool, especially The Crypto Dog (Full-time Blockchain investor)

I think they will test their system in USA because former digital director for the Obama White House is their advisor Grin
jr. member
Activity: 84
Merit: 1
Advisors are very cool, especially The Crypto Dog (Full-time Blockchain investor) 😀
jr. member
Activity: 140
Merit: 1
Great initiative. Your project is promising and has good planning. I think this business will benefit many people. hopefully for a smooth development and many people who are interested in your idea.
jr. member
Activity: 140
Merit: 2
Does anyone know when the bounty will start?
jr. member
Activity: 98
Merit: 1
The team appreciates all the support they get, really happy to see people so enthusiastic about the future and potential of the project, the team is set to achieve all their milestones and have this out soon. Thank you! 😉
jr. member
Activity: 112
Merit: 2
The financial aspect is also very important here. The larger the country, the more voters. The more voters, the greater the cost of providing KYV.

Yeah, that’s why they rejected any technical architecture that is economically impractical (the cost is many multiples of traditional cloud computing services) or gravitate towards centralization on governance (like Plutocratic voting power)!

This concept is very interesting though and very effective. A good team and Advisor board with a quite innovative product and a great vision. The user experience must be good as well. I think there is some potential on this.
jr. member
Activity: 98
Merit: 1
The financial aspect is also very important here. The larger the country, the more voters. The more voters, the greater the cost of providing KYV.

Yeah, that’s why they rejected any technical architecture that is economically impractical (the cost is many multiples of traditional cloud computing services) or gravitate towards centralization on governance (like Plutocratic voting power)!
jr. member
Activity: 140
Merit: 1
The financial aspect is also very important here. The larger the country, the more voters. The more voters, the greater the cost of providing KYV.
jr. member
Activity: 112
Merit: 2
“One entity, one vote” can be a real revolution. What will the government answer to the non-use of such technologies in the elections?

Do they have an agreement with any country about using this system? Sounds interesting

There is nothing about testing “One entity, one vote” in roadmap

They said that their approaches are hence, practical. But I did not find evidence of this
jr. member
Activity: 140
Merit: 2
“One entity, one vote” can be a real revolution. What will the government answer to the non-use of such technologies in the elections?

Do they have an agreement with any country about using this system? Sounds interesting

There is nothing about testing “One entity, one vote” in roadmap
jr. member
Activity: 140
Merit: 1
“One entity, one vote” can be a real revolution. What will the government answer to the non-use of such technologies in the elections?

Do they have an agreement with any country about using this system? Sounds interesting
jr. member
Activity: 98
Merit: 1
“One entity, one vote” can be a real revolution. What will the government answer to the non-use of such technologies in the elections?
jr. member
Activity: 140
Merit: 2
Why did the creator decide that democracy will rule the world in the future? I think the world is going to the monarchical system, in which the project will not be relevant.
This is a political issue that is difficult to predict. But at the moment democracy prevails in most developing countries
jr. member
Activity: 140
Merit: 1
Why did the creator decide that democracy will rule the world in the future? I think the world is going to the monarchical system, in which the project will not be relevant.
jr. member
Activity: 98
Merit: 1
I can’t understand why transaction fees don’t help with combating DDoS and spam attacks? It is like entry threshold, isn’t it?
I thought it’s only for dWorkers. Also, Storecoin addresses DDoS and spam attack concerns with a request rate-limiting design, which protects Storecoin nodes from such attacks.
copper member
Activity: 25
Merit: 0
I can’t understand why transaction fees don’t help with combating DDoS and spam attacks? It is like entry threshold, isn’t it?

A DDoS attack can be launched with a large number of legitimate requests or simply sending garbage to overwhelm the server capacity. In 2018, a 1.3Tbps DDoS attack was launched on GitHub for a duration of about 15-20 minutes. The motive of attackers in cases like this is to simply overwhelm the servers and more often than not, they don't care about sending *legitimate* requests. From the architecture perspective, you need to be prepared for the worse. So, we concluded that while transaction fees may *theoretically* combat spam, a determined attacker may not even care about sending real transactions to the network. So, a better defense mechanism must be built anyways, so why even pretend that transaction fees eliminate spam? In addition, micro transactions are possible on the Storecoin network, so it is possible that the network experiences an influx of large number of requests from time to time. We call this legal spam because the *traffic pattern* is that of spam, but the transactions are all legal. We have captured our research on DDoS and spam protection here.

- Storecoindev. 
jr. member
Activity: 140
Merit: 2
I can’t understand why transaction fees don’t help with combating DDoS and spam attacks? It is like entry threshold, isn’t it?
jr. member
Activity: 140
Merit: 1
Using encryption should increase processing time, right? So usual clouds are better.
Devs said that performance will be comparable to centralized clouds, let’s see how it will be in real life
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