Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 94. (Read 804672 times)

Delegates refunded

We just refunded every delegate, who registered at the old fee of 10,000 XCR! Every one of them got 9900 XCR! We sent the XCR to the delegate accounts, because we couldn't 100% trust the addresses you sent us via PM. This way it is 100% certain, that the correct person receives the XCR.

http://cryptichain.me/tx/7062311756621047066
http://cryptichain.me/tx/4106001514861669762
http://cryptichain.me/tx/6608023421687897005
http://cryptichain.me/tx/7073037557318351459
http://cryptichain.me/tx/11263672220423544575
http://cryptichain.me/tx/14267676643924559873
http://cryptichain.me/tx/16373951445257937002

If you encountered any problem or didn't get the money, write us!

bts to 1300 i wish crypti goodluck

dpos = poopoo

ARE YOU KIDDING? ? ? ? ? ?

Its 820 on Polo.  Was up to 2200 not long ago

Too many impatient people and too thin a market.  2 BTC and the price doubles or halves

Why so much talking about price here? Hasnt changed much since 1-2 months.

Yes, Mal, Zero Hedge is on my list of must-see-everyday websites.  While silver went up 3%, my mining stocks went up 5%

Speaking of silver...

http://www.zerohedge.com/news/2015-04-28/silver-surging-again

He's gonna be the one to become inflamed and start the DDoS attack himself if he doesn't get voted into the 101 Club soon!    

(Just kidding, starik, I know you'd never do THAT...I hope.)

Interesting Idea Mal.  But i think that if we had hidden delegates to continue forging while under attack, we would not need 101...... we could run the bc with only one delegate forging, but better to have 6-10, same as number of required confirms for transactions.

Of course, this would only inflame starik69 that we have become CENTRALIZED!!

Unfortunately, I don't think this would be very hard.   Assume a Villain knows the public IP addresses of all 101 Crypti Top Delegate nodes, knows the format of spoofed Crypti data packets (either Lite Wallet packets or 101Club forging packets) to send to these IP addresses,  and has a single Vultr server to launch a DDoS attack.  Vultr says their max data rate is 1 Gigabit per second (see https://discuss.vultr.com/discussion/210/connection-speed-in-vps/p1 ) .  This means a single Villain with a single server can (theoretically / worst case) aim 10 Megabits per second at EACH Delegate SIMULTANEOUSLY.  In a 10 second blocktime, EVERY node would have to process 100 million bits or 10 MBytes of fake Crypti DDoS packets.  Are we scaled to handle such a load successfully?  I bet the answer is no.  This is not a rhetorical question, I would love to hear dev comments....

Currently the 101 Top Delegate servers are performing two functions simultaneously:  (1) communicating with Crypti Lite wallets to accept details of ongoing Crypti transactions, and (2) communicating with other members of the 101 Top delegates to forge a blockchain.  Function 1 REQUIRES a list of public IP address known to all (at least all Crypti Lite wallets) for the 101 Club servers.  These public IP addresses are subject to a DDoS attack.  Currently, such a DDoS attack would not only knock out Crypti Lite comms (Function 1), IT WOULD ALSO HALT THE FORGING OF THE CRYPTI BLOCKCHAIN (Function 2).

This is why I suggest that future versions of Crypti Delegate contain a darknet function, to maintain blockchain forging via a SECRET PRIVATE network of 101 IP addresses even if the PUBLIC network of 101 IP addresses are attacked.   This would mean a new delegate would set up two sets of Crypti code on two separate servers - one block of code on one server with a public IP address to handle Crypti Lite comms, another block of code on another server with a secret IP known only to the 101 Club to handle 101 Club comms and blockchain forging.   A DDoS attack would then halt Crypti Lite comms and stop incorporation of transactions for the duration of the attack...but the FORGING OF THE BLOCKCHAIN WOULD CONTINUE UNINTERRUPTED.

The very act of organizing the Crypti 101 Top Delegates to keep the blockchain forging on a darknet even when under a DDoS attack is a prime deterrent to a DDoS attack being started in the first place.

Something to think about.  
  

Do you remember the very good old story where the one word answer was "IF"? 

So you agree that now Cripty is centralized!

Yes, Mal, I live on a mountain in N Idaho, but I have DSL.  It is fast, but not always fast enough for the 10 second blocks.

For delegate forging it all comes down to how close you are to the internet backbone and if there is any other interference with your internet.  For instance, look at the Stas delegates....... they are all under 50%.    Stas is running his delegates from Israel.  Israel has a filter on internet traffic crossing the border.  That has slowed his response times for his delegates.  

Hubtm.VR also tried to run a delegate from a internet gaming cafe in Amsterdam.  He only hit 43% uptime.  

If Crypti becomes valuable enough, delegates will be run by businesses who provide services on top of Crypti who have their own corporate grade servers and fast connections near the backbones. Right now we are like when Google was still in a garage.

With any Crypto Currency based on Proof of Stake or Proof of any kind of holdings, like NXT, there is always the potential for it to become centralized at any point. If Bill Gates or the like decided tomorrow to come buy every coin in existence, and they controlled 100% or even 75% of the currency, they should potentially be able to take down the network, correct?

Even in Bitcoin, if Bill gates wanted to buy $1 Billion worth of equipment and start mining, he could seriously disrupt the industry and network. This is a problem for any currency. If someone wealthy got it in their head, they could manipulate, monopolize, or even shut down the market at any point.

To make Crypto less in the hands of the original investors, we need to find a convincing feature set to get public adoption, and we need to find a convincing price point to get initial whales to sell large stakes of their holdings and "spread the wealth" so to speak.

We are still in our infancy with only 1/3rd of the intended features even live. Give it time.

When 69% are silent 31% become 100%.
So it is again centralized.

Sure.

Personally(!), I think we need to step a bit back from the Bitcoin method (decentralization over everything) and a step closer to the conventional methods. In my opinion(!) we have more success with this.

I.e. everything is built on top of an (enough) decentralized platform, to ensure it stays online and the tokens are indeed limited. But with kind of centralized efforts, like a fixxed team or building dapps for conventional gadgets (phones, tablets).

I just want to make sure we think of all potential hurdle that prevent us from real success. In crypto lots of projects failing.
Crypti has probably the best team and such a good potential.

Yes, me too. We have very close connections to guys, doing a full-node device for Bitcoin. Similar to a Raspberry Pi. If you want, I can try it out on a RasPi. Will take some time through.

Fair answer. But would still like "ability" for regular pc or raspberry to be reliable node if wanted.

I remember Litoshi said he lives in remote area. Maybe forging delegate in the city can keep uptime better?
Again we have to test this with others.

Right now crypti is not valuable. But later if crypti has value and is responsible for billions daily such a valuable network
can not be dependent on third party cloud services to run the node. That is the kind of centralized aspect.
A delegate running his reliable node from his home or dedicated setup that he controls fully is more trustworthy
than rely on amazon who can close your account.

I think for now we should look only a year into the future. If we have a dozens of times more volume than Bitcoin, I think we will have the capacities to re-structure the system.

For now we don't have the capacities and will use the system we have now, which is very good for the size we have and will have in the next few years. It's already very scaleable. If we will grow to such a big size some day, that the decentralization is a very important role, bc governments wants to shut us down, we will think of something different.

Also, if Crypti really would be used to move "hundred billion" a day, then we have to make entirely new decisions. Like block size and blockchain size.