Self developing network - automatic updates - no hard forks?

nebulas.io

newbie

Activity: 7

Merit: 0

We, Nebulas.io are developing a self-evolving network that will be upgradable without the need for a hard fork. This is one of our primary tech goals!

From our white paper:

Quote

Nebulas Force (NF) (§3), which supports upgrading the core protocols & smart contracts directly on
the main chains. This will provide Nebulas the capability to self-evolve and incorporate the newest
technologies into the main chain, once they are ready for real world usage. With Nebulas Force,
developers can build rich applications in fast iterations, and these applications can dynamically
adapt to market changes or community feedback.

Upgrades to the protocol/software will be included on-chain so all nodes will be at the same version at all times. In addition, we hope to incorporate a voting mechanism where people can choose what upgrades should be included.

If you are interested in learning more, I suggest reviewing our white paper at: https://nebulas.io/docs/NebulasTechnicalWhitepaper.pdf and if you have any questions, please ask.

FLHippy

full member

Activity: 784

Merit: 101

Quote from: Nivia1st on February 14, 2019, 01:20:46 PM

Quote from: Convery on February 11, 2019, 09:19:29 AM

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

republia? I saw an alleged scam on the project. if seen from what they offer it seems very unlikely there is a technology that can renew automatic without human assistance. so I guess that's just a gimmick. You know we should avoid projects like this. too risky to speculate about a project that has a suspected scam.

You can find here many people that completely love Republia and there are people who hate them. Always do your own research, there is a scam accusation about another project created by some team members. Their idea is cool, but it would be very hard to accomplish it.

Nivia1st

full member

Activity: 821

Merit: 100

Volare.network

Quote from: Convery on February 11, 2019, 09:19:29 AM

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

republia? I saw an alleged scam on the project. if seen from what they offer it seems very unlikely there is a technology that can renew automatic without human assistance. so I guess that's just a gimmick. You know we should avoid projects like this. too risky to speculate about a project that has a suspected scam.

timmmers

sr. member

Activity: 1176

Merit: 265

Quote from: jessyj48 on February 14, 2019, 12:25:33 PM

Republia is not bad but what matters is how good and smart the teams are ,really it would have been better if hardfork is supported but it depends on the teams and one thing is clear ,republia is a new project and new projects are tend to perform better ,it might be for greater good

New projects have better progress? Only on paper I think, but the reality is that they can not compete with big cryptocurrencies that have more developers and more money for development Wink

.

jessyj48

member

Activity: 756

Merit: 14

Republia is not bad but what matters is how good and smart the teams are ,really it would have been better if hardfork is supported but it depends on the teams and one thing is clear ,republia is a new project and new projects are tend to perform better ,it might be for greater good

whatthesith

copper member

Activity: 301

Merit: 10

simply getting the job done

The question is who will decide about updates. If the team only, it would be a centralized disaster.
But I like this idea, it could really make a revolution in cryptocurrencies.

Convery

sr. member

Activity: 966

Merit: 254

Quote from: funchiestz on February 12, 2019, 02:41:05 PM

Quote from: Convery on February 11, 2019, 09:19:29 AM

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

I totally agree with what you say. You're right, but using Bitcoin or any other coin's name makes it easy and profitable to make money on the new network in an easy way.

Today, there are over 200 Bitcoin's fork. I couldn't believe when I first time saw.

For example, Bitcoin Cashed splitted from Bitcoin and create a new coin and we know it as BCH. I always ask same question to myself. Why they didn't work for Bitcoin's problem and develop it properly? The only answer that I came to my mind is the easiest way of making money.

Thank you for your opinion. I didn't think about that in this way that thanks to these hard forks many people are earning. It is pretty confusing for newcomers that are asking what is the best Bitcoin?

funchiestz

sr. member

Activity: 1134

Merit: 342

Quote from: Convery on February 11, 2019, 09:19:29 AM

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

I totally agree with what you say. You're right, but using Bitcoin or any other coin's name makes it easy and profitable to make money on the new network in an easy way.

Today, there are over 200 Bitcoin's fork. I couldn't believe when I first time saw.

For example, Bitcoin Cashed splitted from Bitcoin and create a new coin and we know it as BCH. I always ask same question to myself. Why they didn't work for Bitcoin's problem and develop it properly? The only answer that I came to my mind is the easiest way of making money.

ATSgrowth

full member

Activity: 924

Merit: 106

homt.net

With bad past experience with MinexCoin, I would be more cautious with confidence in Republia.
For me the two coins looks very similiar. Both coins are trying to create exhaustive ecosystem: bank, exchange and so on.

W2014

member

Activity: 205

Merit: 10

I have heard a lot about Republia. There are many people who love the project, but also many people who are afraid about the future. There should be well-known advisor that will solve this issue.

Convery

sr. member

Activity: 966

Merit: 254

Quote from: Cnut237 on February 11, 2019, 09:30:24 AM

Quote from: Convery on February 11, 2019, 09:19:29 AM

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

I don't know anything about that project, but the idea of a self-developing network makes me a bit concerned.
The good thing about hard forks is that they establish a consensus. everyone knows what the rules are beforehand, and everyone chooses whether or not to sign up to the new (forked) rules, or to continue on the old chain with the old rules. The idea of a self-developing network sounds a bit chaotic, as if you can never be sure what the rules are, and never be safe against someone changing them arbitrarily.
As I say though, I'm not bad-mouthing that project, it's just an initial thought on the concept in general.

Very interesting point of view! Yeah and maybe the decentralization will be reduced by implementing this solution.
But do you have another diffrent solution how to competite with others in real time?

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: Convery on February 11, 2019, 09:19:29 AM

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

I don't know anything about that project, but the idea of a self-developing network makes me a bit concerned.
The good thing about hard forks is that they establish a consensus. everyone knows what the rules are beforehand, and everyone chooses whether or not to sign up to the new (forked) rules, or to continue on the old chain with the old rules. The idea of a self-developing network sounds a bit chaotic, as if you can never be sure what the rules are, and never be safe against someone changing them arbitrarily.
As I say though, I'm not bad-mouthing that project, it's just an initial thought on the concept in general.

Convery

sr. member

Activity: 966

Merit: 254

Hi, I recently read about this cool feature:
Self developing network - the protocol will be constantly updated without any hard forks needed.

Republia is probably the first one cryptocurrency ever with this feature.

And I am asking why there are not more cryptocurrencies that support it?
Because if you want to make an estabilished coin better (Bitcoin or Ethereum for example) you have to hard fork it or create second layer solution and still you will have a real problem to competite with new created coins that offer faster and cheaper transactions. I am afraid that many of top coins now will be replaced by new and better technology coins.
This feature will help Republia to fight with competitors.

Or do you think that is not good? That could make this coin more risky against attacks?

Tell me.

Topic: Self developing network - automatic updates - no hard forks? (Read 159 times)