Topic: NXT :: descendant of Bitcoin - Updated Information - page 1482. (Read 2761645 times)

Agree with this guy

1 IP address per vote 1nxt per vote?

Would it be a good idea for someone intelligent to go through the thread history and write a tally of stupid opinions on the voting system versus good opinions on the voting system to try and get an objective opinion on how effective the voting system will be?  

Offtopic: Distribution of nxts is much better now. It can be assessed by looking at average base target. We will reach 100% when we get 1 NXT on each of 1'000'000'000 accounts.

XD heheh if we could find this, we could trademark it and be very rich

Multiple people behind a single router.

1 NXT = 1 Vote on specific date cannot be manipulated. If it can, then NXT PoS is ruined.

why not 1 vote per account and ip pair.

No system is perfect.
If we are trying for a perfect system, we will indeed be boned.

The question is if we are judging a system by the fact that someone can take advantage of it or by how much good it actually does.

If we can think up a simple (requirement 1) system that can be explained to any voter (requirement 2) that has a low probability of abuse (requirement 3) that also allows for tweaking in the future based on new insights (requirement 4), then I say implement it and accept that at some point it will f*ck up and we will be prepared for that.

Damn good point.

Btw, I charge a small fee from all guys who go to me via ur reference on the exchange. I hope u don't mind.

That is the whole argument that has people here on more than two sides.
Your interpretation clearly favors both large wallets, and old wallets/

Why cannot one account have exactly the same voting power like any other account?
nobody seems to be able to answer this question withouthaving to resort to the "i have more n than you so i am the boss" argument.

please read my reasoning here https://bitcointalksearch.org/topic/m.4626824

The worst of account based voting manipulation  can do it to approach stake based voting.

That's even worse: http://www.youtube.com/watch?v=bV-rhtet4Ow

The simple fact is, however smart we think we are individually or collectively, there is always going to be someone or a group that comes along that is smarter.

My point being anything can and will be gamed. Whatever we create will not be perfect and never will be. We can spend eons debating and coming up with something but in the end someone will figure out how to cheat. It's (sadly) human nature.

Make the voting simple and try to cut out as much cheating as possible but we will never reduce it to 0. For those that wish to cheat, make it expensive to do so.

Anything simple can be massively manipulated.
Go back and look at the thought of low level AI algo.

I ask for a bounty for an algorithm that can link coins in different accounts to the same person with a high propability.

Bloody hell, voting again.

Way things are going, we'll all be dollar millionaires with very long beards by the time we finally agree on how to vote.

How about we just cut to the chase and try out a quick and dirty voting implementation and see how it works?


Set up a site, not in-client in any way.

Take a snapshot of all NXT accounts some time before the vote is announced. Only accounts created before the vote announcement may vote.

NXT account holders can log in to the site with account number/authorisation token.  IP is logged, so any IP addy only gets to vote once.

Vote is weighted by:

    NXT balance up to a certain point. A sigmoid curve is what we need, so that 1 NXT=1 vote initially, and 10,000NXT=9999 votes, then dropping off gradually until there is little difference in voting weight between a 5 megaNXT account and a 10megaNXT account.

    Age of the account. If u came in yesterday, u get less voting weight than someone who created their account 2 minutes after Genesis.




Lets just set it up and run it, see how it goes, then debate how to tweak it and get it perfect.
The current debate over the role of a funding committee would be a good test :
https://bitcointalksearch.org/topic/nxt-voting-on-the-scope-of-authority-of-the-funding-committee-423241

I suspect it will never be perfect, because u simply can't please all the people all the time, but a test run will give us much more insight into the whole voting process and how it will work out in the real world.

Maybe 

Not sure yet. If Nxt goes well, we won't need coingen. Coingen will be implemented as a part of Nxt protocol.

Anything can be massively manipulated.

Yes, but the counterargument is a voting manipulation mechanism...