Does anyone want to challenge eMunie's claim in this bake-off? BitShares' Stan/Dan? Come-from-Beyond?
I need numbers for payments-only performance of eMunie then.
Topic: What 2.0 Currency will be the most successful? - page 5. (Read 17794 times)
I need numbers for payments-only performance of eMunie then.
A non blockchain concept is purely for trash.
One of the most dogmatic and short-sighted comments ever 
A non blockchain concept is purely for trash.
One of the most dogmatic and short-sighted comments ever 
A non blockchain concept is purely for trash.
One of the most dogmatic and short-sighted comments ever 
....
1) Scalability - Bitshares will likely have the highest scalability of any blockchain platform (Emunie does not use a blockchain, thus lower redundancy)
....
1) Scalability - Bitshares will likely have the highest scalability of any blockchain platform (Emunie does not use a blockchain, thus lower redundancy)
....
Quoted from another thread as it wasn't relevant to post a reply there.
Please explain your definition of redundancy for clarity, so I can be sure to rebut it in the correct context.
A non blockchain concept is purely for trash.
Thanks for your in-depth technical analysis
A non blockchain concept is purely for trash.
Thanks for your in-depth technical analysis
A non blockchain concept is purely for trash.
My post from the other thread:
I don't think you can really argue it that way. The blockchain system objectively has more redundancy.
As for your comments about the test, I suppose you consider a race between a petrol powered car and a electric one invalid too?
I don't think you can really argue it that way. The blockchain system objectively has more redundancy.
I've created a bake-off contest thread here https://bitcointalksearch.org/topic/december-2015-fastest-crypto-bake-off-topic-locked-1203228 due to the difficulty of knowing how fast cryptos can go in an apples-to-apples comparison...though it won't be perfect, it may help. Does anyone want to challenge eMunie's claim in this bake-off? BitShares' Stan/Dan? Come-from-Beyond?
Your test is a failed concept from the start for the reason I posted in that thread. You cannot compare Emunie with coins that use a blockchain:
There's no such thing as an apples to apples comparison with Emunie. Emunie uses a steady state network with a ledger and no blockchain. This means if the network blows up, everyone is screwed. Systems utilizing blockchains are far easier to recover from problems.
You can't compare blockchain coins to a coin that doesn't utilize one at all. There's really no such thing as a fatal error in a blockchain system. This is why Satoshi chose to use it. The records will always be there from the past no matter what happens in the short term. Saying Emunie is an apples to apples comparison is like calling non-volatile + volatile memory the same thing.
You can't compare blockchain coins to a coin that doesn't utilize one at all. There's really no such thing as a fatal error in a blockchain system. This is why Satoshi chose to use it. The records will always be there from the past no matter what happens in the short term. Saying Emunie is an apples to apples comparison is like calling non-volatile + volatile memory the same thing.
Why?
Surely the comparison will illuminate the better technology, which the test is about.
Its an apples - apples comparison because the same task is being performed, just in a different manner. The end result is transactions.
The same way testing petrol and electric powered cars to see which is the most efficient or whatever, same task, different manner, end result = transport
I've created a bake-off contest thread here https://bitcointalksearch.org/topic/december-2015-fastest-crypto-bake-off-topic-locked-1203228 due to the difficulty of knowing how fast cryptos can go in an apples-to-apples comparison...though it won't be perfect, it may help. Does anyone want to challenge eMunie's claim in this bake-off? BitShares' Stan/Dan? Come-from-Beyond?
Your test is a failed concept from the start for the reason I posted in that thread. You cannot compare Emunie with coins that use a blockchain:
There's no such thing as an apples to apples comparison with Emunie. Emunie uses a steady state network with a ledger and no blockchain. This means if the network blows up, everyone is screwed. Systems utilizing blockchains are far easier to recover from problems.
You can't compare blockchain coins to a coin that doesn't utilize one at all. There's really no such thing as a fatal error in a blockchain system. This is why Satoshi chose to use it. The records will always be there from the past no matter what happens in the short term. Saying Emunie is an apples to apples comparison is like calling non-volatile + volatile memory the same thing.
You can't compare blockchain coins to a coin that doesn't utilize one at all. There's really no such thing as a fatal error in a blockchain system. This is why Satoshi chose to use it. The records will always be there from the past no matter what happens in the short term. Saying Emunie is an apples to apples comparison is like calling non-volatile + volatile memory the same thing.
Ethereum eventually but not yet.
Buterin senior will be happy.
I've created a bake-off contest thread here https://bitcointalksearch.org/topic/december-2015-fastest-crypto-bake-off-topic-locked-1203228 due to the difficulty of knowing how fast cryptos can go in an apples-to-apples comparison...though it won't be perfect, it may help. Does anyone want to challenge eMunie's claim in this bake-off? BitShares' Stan/Dan? Come-from-Beyond?
Ethereum eventually but not yet.
Will third party security auditing solve this problem? I think Ethereum is also facing the same issue and tried to do some intensive third party auditing to solve it.
Yes, more peer reviews = better.
PS: I faced this very problem in my current project. We use a novel signing algorithm.
Will third party security auditing solve this problem? I think Ethereum is also facing the same issue and tried to do some intensive third party auditing to solve it.
Of course it uses popular crypto libraries. It's the same as Nxt promoted with the slogan "100% from scratch".
It's the same as Nxt promoted with the slogan "100% from scratch". I know that it uses cryptolibs, but "100%" raises questions regarding security of cryptoalgorithms. It may be fine for ordinary users, but it will catch an eye of a serious company that may be thinking about using Crypti.
PS: I faced this very problem in my current project. We use a novel signing algorithm.
Thanks for the hint. Good luck with your project.
Of course it uses popular crypto libraries. It's the same as Nxt promoted with the slogan "100% from scratch".
It's the same as Nxt promoted with the slogan "100% from scratch". I know that it uses cryptolibs, but "100%" raises questions regarding security of cryptoalgorithms. It may be fine for ordinary users, but it will catch an eye of a serious company that may be thinking about using Crypti.
PS: I faced this very problem in my current project. We use a novel signing algorithm.
100% own Node.js code.
If you promote Crypti as 100% own code then you should emphasize that cryptographic algorithms implementation was extensively reviewed or you use popular cryptolibraries.
Of course it uses popular crypto libraries.
It's the same as Nxt promoted with the slogan "100% from scratch". 100% own Node.js code.
If you promote Crypti as 100% own code then you should emphasize that cryptographic algorithms implementation was extensively reviewed or you use popular cryptolibraries.
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