Pages:
Author

Topic: MC2: A cryptocurrency based on a hybrid PoW/PoS system - page 22. (Read 195188 times)

legendary
Activity: 1232
Merit: 1001
Has any code been written yet?
hero member
Activity: 714
Merit: 510
Intermittent reinforcement schedules are proven to work well for payments.


Intermittent reinforcement is illegal as a pay method in some jurisdictions, and even illegal in the form of slot machines (aka gambling) in some jurisdictions, because it is pretty much the best reinforcement schedule to use when you want to wean the workers out of being paid without having them quit...


Yes think Twitter. And yes it is the best reward mechanism. I will propose Netcoin adopt this mechanism now that it is a proven success with the Primecoin case study.

I figured I would post this dialog for the benefit of Netcoin.
sr. member
Activity: 452
Merit: 251
Im kinda proud my idea of using Kickstarter is getting used Smiley
You should be. Smiley This is all new territory. I think if it goes well, and everyone is happy by the end of it, we can look at applying it as a model for bringing new and experimental ideas to life. That's why crowdfunding is great, we can bring alive something like Netcoin Alpha after Netcoin and keep it as a parallel experimental steam with minimal financial contribution per person for development to really push the limits. Of course, that's getting way ahead of the hard work in front of us, but I've got high hopes for the future of crowdfunding and ideas like these.
legendary
Activity: 1274
Merit: 1050
Im kinda proud my idea of using Kickstarter is getting used Smiley
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
Lots of stuff added to the wiki

http://www.netcoin.io/wiki/Netcoin:Community_portal

TODO:
- Misc notes on the "Polymorphic, sequential memory-hard secure hash trees for PoW".  The paper covers this section pretty well, so I'm not sure I need to delve into it too much in the wiki, but I would like to mention a few things.
- Some kind of analysis on double spend probability given X% of PoW and Y% of PoS
- Misc notes on coloured coins (again, this is straightforward from the paper)
- More details on the lightweight ledger system (I think I've worked out an algorithm to verify consensus transaction lists in my head over the past couple of days, I will post to the wiki about it)
- New version of whitepaper

thank you taco
sr. member
Activity: 452
Merit: 251
Lots of stuff added to the wiki

http://www.netcoin.io/wiki/Netcoin:Community_portal

TODO:
- Misc notes on the "Polymorphic, sequential memory-hard secure hash trees for PoW".  The paper covers this section pretty well, so I'm not sure I need to delve into it too much in the wiki, but I would like to mention a few things.
- Some kind of analysis on double spend probability given X% of PoW and Y% of PoS
- Misc notes on coloured coins (again, this is straightforward from the paper)
- More details on the lightweight ledger system (I think I've worked out an algorithm to verify consensus transaction lists in my head over the past couple of days, I will post to the wiki about it)
- New version of whitepaper
Wow, great job! I'll do some touch-ups a bit later as I go along to save you the hassle. Looks good. Cool
legendary
Activity: 1484
Merit: 1005
Lots of stuff added to the wiki

http://www.netcoin.io/wiki/Netcoin:Community_portal

TODO:
- Misc notes on the "Polymorphic, sequential memory-hard secure hash trees for PoW".  The paper covers this section pretty well, so I'm not sure I need to delve into it too much in the wiki, but I would like to mention a few things.
- Some kind of analysis on double spend probability given X% of PoW and Y% of PoS
- Misc notes on coloured coins (again, this is straightforward from the paper)
- More details on the lightweight ledger system (I think I've worked out an algorithm to verify consensus transaction lists in my head over the past couple of days, I will post to the wiki about it)
- New version of whitepaper
full member
Activity: 143
Merit: 100
So sexy, it hurts.
This is interesting.
I will be following and hopefully have some useful feedback soon and/or a way I can contribute.
 Smiley
sr. member
Activity: 383
Merit: 250

I will be doing my damndest to complete the wiki updates by the end of the weekend and the (hopefully) final version of the whitepaper next week, then handing things over to ingsoc to begin the kickstarter and developmental process.

That's great news! Smiley
Looking forward to see it on kickstarter
full member
Activity: 194
Merit: 100
Download link?
sr. member
Activity: 662
Merit: 250
I will be doing my damndest to complete the wiki updates by the end of the weekend and the (hopefully) final version of the whitepaper next week, then handing things over to ingsoc to begin the kickstarter and developmental process.
legendary
Activity: 1484
Merit: 1005
LOL, then Chrome is not only able to protect u from virus and malware but from crap content ....

yap, smart one Smiley

Use Firefox.
Aye, aye sir! I will!
Not!  Roll Eyes


So anyway, how's Netcoin doing these days?



I will be doing my damndest to complete the wiki updates by the end of the weekend and the (hopefully) final version of the whitepaper next week, then handing things over to ingsoc to begin the kickstarter and developmental process.
sr. member
Activity: 383
Merit: 250
LOL, then Chrome is not only able to protect u from virus and malware but from crap content ....

yap, smart one Smiley

Use Firefox.
Aye, aye sir! I will!
Not!  Roll Eyes


So anyway, how's Netcoin doing these days?

legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
Interesting read

http://www.hostmerchantservices.com/2013/07/bitcoin-the-hidden-danger-to-your-business/ Bitcoin: The Hidden Danger to Your Business

You do realize there is a plug at the bottom of this tripe for his real endeavor right?
hero member
Activity: 637
Merit: 500
The other issue is that the article is terrible, boring, uninteresting, and unrelated.

So, chrome did saved my time, I like it even more...
LOL, then Chrome is not only able to protect u from virus and malware but from crap content ....

Use Firefox.
sr. member
Activity: 383
Merit: 250
The other issue is that the article is terrible, boring, uninteresting, and unrelated.

So, chrome did saved my time, I like it even more...
sr. member
Activity: 383
Merit: 250
I like Chrome
legendary
Activity: 1106
Merit: 1000
False alarm? Use Firefox. I drop Chrome for a long time
sr. member
Activity: 383
Merit: 250
Interesting read

http://www.hostmerchantservices.com/2013/07/bitcoin-the-hidden-danger-to-your-business/ Bitcoin: The Hidden Danger to Your Business

Chrome said that this URL is hidden danger to my computer
legendary
Activity: 1106
Merit: 1000
Pages:
Jump to: