Topic: [PRE-ANN] Stone - DAG Data-Structured Private Cryptocurrency - page 85. (Read 42181 times)
December 24, 2017, 11:48:58 PM
I like DAG!Do you have twitter or facebook?
December 24, 2017, 07:42:42 PM
Are you willing to post a LINKEDIN?
December 24, 2017, 05:53:20 PM
DAG with zkSNARKs...
Think we need to keep an eye on this
Think we need to keep an eye on this
I am also keeping an eye on this project. I think the best bet is to combine efforts with RaiBlocks.
-bitblaster
December 24, 2017, 04:25:13 PM
Yeah, it's not hard to make Rai private if you're willing to lose some of it benefits, mainly the transaction speed. You can't really fit zk-snarks-based private transfers in a single UDP packet, for one. Confirmation times would be worse too. Maybe you'll even have to establish some rewarded masternodes to mangle the transactions and connections.
What about recursive zmSNARKs? Only 100 bytes
Yeah ZK snark costs something like 30-120sec of 100% CPU before sending. That will definitely hit the 7,000 txs/sec claim in this post hard.
RaiBlocks can't achieve 7Ktps anyway since it uses global consensus like every trustless decentralized coin does today. One transaction in rai is about 1KB that means if the ledger is growing by 7MB every second that means you have to be downloading those 7MB every second. That is beyond most bandwidth capabilities. I mean you could centralize the full nodes as big server farms.
The only way Rai is ever getting to 7ktps is by dropping global consensus and resorting to fraud proofs or recursive zkSNARKs treechains to still protect against doublespending. Which is ironic since OP wants to add zkSNARKs for the privacy features not the potential for infinite scalability lol. This whole project is a scam anyway no one has done recurive zkSNARKs yet and no one has done treechains yet.
December 24, 2017, 10:48:29 AM
DAG with zkSNARKs...
Think we need to keep an eye on this
Think we need to keep an eye on this
December 24, 2017, 08:32:31 AM
I've been meaning to learn more about DAG protocols and also zkSNARKs, so now I can do both in one place . Gonna be watching this one.
oo this is gonna be very very interesting. i love the dag development since byteball. i think as a technology is supperior to ethereum. . Gonna be watching this one. December 24, 2017, 08:30:08 AM
Thanks for your input, the name Stone was derived from RaiStones.
Not all Stones sink
Not all Stones sink
I think you should go for something with more diffientiation, like RaiSnarks or RAZK. Orrrr just something unrelated like Nectar?
A fair amount of how XRB works depends on being able to see balances of accounts and their respective chains. How can delegates vote on whether a anonymous transfer was valid if they cannot see the amounts?
Please let the developer proposing this project answer.
Please let the developer proposing this project answer.
That's correct, however they only realistically need to communicate to each other, not the network as a whole, i will make this work.
RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism. This cannot be done if the balances are hidden using ZKsnarks. How do you propose to solve this?
This was literally my first thought as well. ZK sounds great with a DAG based coin, but there's no way to resolve conflicts for double spends. If he can solve that issue, I would guess that the project would look much less like RaiBlocks and much more like a unique DAG coin that hasn't been seen. You can't use RaiBlock's consensus method if all transactions are private. There has to be a different method that the network reaches consensus on a balance change.
I'm willing to give the OP benefit of the doubt, but would be nice if he at least published a paper or explanation on how this will be built.
a) zk delegation voting
b) haing transparent and private parts of balance and only being able to participate in consesus with transparent part?
Both of them are big deviation from Rai but more in spirit than in consensus method.
Whats wrong with dev answering any questions on his own?
December 24, 2017, 07:33:33 AM
Thanks for your input, the name Stone was derived from RaiStones.
Not all Stones sink
Not all Stones sink
I think you should go for something with more diffientiation, like RaiSnarks or RAZK. Orrrr just something unrelated like Nectar?
A fair amount of how XRB works depends on being able to see balances of accounts and their respective chains. How can delegates vote on whether a anonymous transfer was valid if they cannot see the amounts?
Please let the developer proposing this project answer.
Please let the developer proposing this project answer.
That's correct, however they only realistically need to communicate to each other, not the network as a whole, i will make this work.
RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism. This cannot be done if the balances are hidden using ZKsnarks. How do you propose to solve this?
This was literally my first thought as well. ZK sounds great with a DAG based coin, but there's no way to resolve conflicts for double spends. If he can solve that issue, I would guess that the project would look much less like RaiBlocks and much more like a unique DAG coin that hasn't been seen. You can't use RaiBlock's consensus method if all transactions are private. There has to be a different method that the network reaches consensus on a balance change.
I'm willing to give the OP benefit of the doubt, but would be nice if he at least published a paper or explanation on how this will be built.
a) zk delegation voting
b) haing transparent and private parts of balance and only being able to participate in consesus with transparent part?
Both of them are big deviation from Rai but more in spirit than in consensus method.
Whats wrong with dev answering any questions on his own?
December 24, 2017, 07:03:38 AM
This is really an ambitious project, wish all the best for you and I'll will check the post for develop. By the way are there some timings in your mind for a roadmap?
December 24, 2017, 06:58:32 AM
Thanks for your input, the name Stone was derived from RaiStones.
Not all Stones sink
Not all Stones sink
I think you should go for something with more diffientiation, like RaiSnarks or RAZK. Orrrr just something unrelated like Nectar?
A fair amount of how XRB works depends on being able to see balances of accounts and their respective chains. How can delegates vote on whether a anonymous transfer was valid if they cannot see the amounts?
Please let the developer proposing this project answer.
Please let the developer proposing this project answer.
That's correct, however they only realistically need to communicate to each other, not the network as a whole, i will make this work.
RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism. This cannot be done if the balances are hidden using ZKsnarks. How do you propose to solve this?
This was literally my first thought as well. ZK sounds great with a DAG based coin, but there's no way to resolve conflicts for double spends. If he can solve that issue, I would guess that the project would look much less like RaiBlocks and much more like a unique DAG coin that hasn't been seen. You can't use RaiBlock's consensus method if all transactions are private. There has to be a different method that the network reaches consensus on a balance change.
I'm willing to give the OP benefit of the doubt, but would be nice if he at least published a paper or explanation on how this will be built.
a) zk delegation voting
b) haing transparent and private parts of balance and only being able to participate in consesus with transparent part?
Both of them are big deviation from Rai but more in spirit than in consensus method.
December 24, 2017, 03:12:14 AM
Thanks for your input, the name Stone was derived from RaiStones.
Not all Stones sink
Not all Stones sink
I think you should go for something with more diffientiation, like RaiSnarks or RAZK. Orrrr just something unrelated like Nectar?
A fair amount of how XRB works depends on being able to see balances of accounts and their respective chains. How can delegates vote on whether a anonymous transfer was valid if they cannot see the amounts?
Please let the developer proposing this project answer.
Please let the developer proposing this project answer.
That's correct, however they only realistically need to communicate to each other, not the network as a whole, i will make this work.
RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism. This cannot be done if the balances are hidden using ZKsnarks. How do you propose to solve this?
This was literally my first thought as well. ZK sounds great with a DAG based coin, but there's no way to resolve conflicts for double spends. If he can solve that issue, I would guess that the project would look much less like RaiBlocks and much more like a unique DAG coin that hasn't been seen. You can't use RaiBlock's consensus method if all transactions are private. There has to be a different method that the network reaches consensus on a balance change.
I'm willing to give the OP benefit of the doubt, but would be nice if he at least published a paper or explanation on how this will be built.
December 23, 2017, 07:24:42 PM
Do 100 Million Supply.
30% for those who donate.
Establish Masternodes.
Establish some benchmark for tithing events. Every X days or transactions or something. You slow decrease the supply reward by 10% or 20%.
If you do masternodes and have a supply like this that lasts decades. I'll donate.
30% for those who donate.
Establish Masternodes.
Establish some benchmark for tithing events. Every X days or transactions or something. You slow decrease the supply reward by 10% or 20%.
If you do masternodes and have a supply like this that lasts decades. I'll donate.
December 23, 2017, 01:51:59 PM
Yeah ZK snark costs something like 30-120sec of 100% CPU before sending. That will definitely hit the 7,000 txs/sec claim in this post hard.
December 23, 2017, 01:36:01 PM
RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism. This cannot be done if the balances are hidden using ZKsnarks. How do you propose to solve this?
One possible solution is having to reveal balance to participate in PoS yourself, or to use snarks to delegate to a chosen voter (which can reveal the sum he'd been delegated but not from which account it came).Ah now someone is thinking
I'm in on this project, reminds me of Elastic, developer raised donations and it turned out to do a x500. High risk high reward.
December 23, 2017, 01:33:28 PM
Donations should use escrow or could be a scam.
This thread reminds me of ZETH actually -
Without escrow 99% will turn out a scam here.
This thread reminds me of ZETH actually -
Without escrow 99% will turn out a scam here.
hahah I remember zeth
December 23, 2017, 12:44:12 PM
I don't really care if there's escrow or not. What I do care about is if dev could spare some time to answer questions and give more technical discussion.
I am going to create Zbitcoin it will be the perfect coin it’s a combination between bitcoin ether an stone , send some donation and I promise it will be ready as soon as possible will give 50% to donators December 23, 2017, 11:26:17 AM
RaiBlocks can only avoid the Sybil attack by balance-weighting the POS mechanism. This cannot be done if the balances are hidden using ZKsnarks. How do you propose to solve this?
One possible solution is having to reveal balance to participate in PoS yourself, or to use snarks to delegate to a chosen voter (which can reveal the sum he'd been delegated but not from which account it came).Ah now someone is thinking
I'm in on this project, reminds me of Elastic, developer raised donations and it turned out to do a x500. High risk high reward.
December 23, 2017, 09:31:29 AM
Donations should use escrow or could be a scam.
This thread reminds me of ZETH actually -
Without escrow 99% will turn out a scam here.
Yes, I almost fall for ZETH This thread reminds me of ZETH actually -
Without escrow 99% will turn out a scam here.
December 23, 2017, 07:29:54 AM
I don't really care if there's escrow or not. What I do care about is if dev could spare some time to answer questions and give more technical discussion.
December 23, 2017, 05:57:12 AM
Donations should use escrow or could be a scam.
This thread reminds me of ZETH actually -
Without escrow 99% will turn out a scam here.
This thread reminds me of ZETH actually -
Without escrow 99% will turn out a scam here.
Agreed 100%
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