Topic: [XEM] - updated botnetprevention - New Altcoin Idea - Proof of Uptime (PoU) (Read 1685 times)
February 27, 2014, 01:55:59 PM
new botnet prevention added
February 27, 2014, 01:34:11 PM
here my new sugestion:
Every miner has to be registered on some institution, where they Check for the passport.
The miner Gets a Mining Key.
This is only for "Mining". Normal wallets doesn't need that registration.
Every miner has to be registered on some institution, where they Check for the passport.
The miner Gets a Mining Key.
This is only for "Mining". Normal wallets doesn't need that registration.
February 27, 2014, 01:10:05 PM
The problem is unlike quark, where a botnet or cloud miner user is limited by the speed of the infected computers; In your scenario the botnet user is on the same level as the legitimate user (i.e. same hashing power).
Botnets are huge. Some are in the millions of computers. This proof of concept is fatally flawed. There has to be a dilligence factor to weed out malicious users or no one will support this. Memorycoin and vertcoin do this by increasing the memory requirements to mine. Infected computers are usually older with lower resources so they are inefficient if not useless for mining.
ok i will think about it and maybe add some improvements ;-)
February 27, 2014, 01:00:13 PM
you will have always the same ip
Why?IP6 addresses You can get usually for close to nothing.
thats right, the concept is not yet ipv6 resistent.
not sure, but i think it should be possible, to locate them, if they are too near together
February 27, 2014, 12:57:54 PM
I will just make 1000 single core server just for this ? Doesn't works man.
you will have always the same ipNot if they spin up multiple VPS machines. Can easily & quickly be done...
so botnet will control PoU, right?
no, because they have to be up for a long time in order to winHow is a botnet or a VPS in any way prevented from remaining active / up?
vps and especially ips cost a lot of money, and do you really think 1000 miners are much?
how is a cpu mining like quark prevented from botnet?
The problem is unlike quark, where a botnet or cloud miner user is limited by the speed of the infected computers; In your scenario the botnet user is on the same level as the legitimate user (i.e. same hashing power).
Botnets are huge. Some are in the millions of computers. This proof of concept is fatally flawed. There has to be a dilligence factor to weed out malicious users or no one will support this. Memorycoin and vertcoin do this by increasing the memory requirements to mine. Infected computers are usually older with lower resources so they are inefficient if not useless for mining.
Why would anyone support something that only favors a select few?
This can work, you just need to think about it some more.
February 27, 2014, 12:54:02 PM
Time to buy some VPSs. 
February 27, 2014, 12:51:56 PM
you will have always the same ip
Why?IP6 addresses You can get usually for close to nothing.
February 27, 2014, 12:45:58 PM
I will just make 1000 single core server just for this ? Doesn't works man.
you will have always the same ipNot if they spin up multiple VPS machines. Can easily & quickly be done...
so botnet will control PoU, right?
no, because they have to be up for a long time in order to winHow is a botnet or a VPS in any way prevented from remaining active / up?
vps and especially ips cost a lot of money, and do you really think 1000 miners are much?
how is a cpu mining like quark prevented from botnet?
February 27, 2014, 12:41:56 PM
I will just make 1000 single core server just for this ? Doesn't works man.
you will have always the same ipNot if they spin up multiple VPS machines. Can easily & quickly be done...
so botnet will control PoU, right?
no, because they have to be up for a long time in order to winHow is a botnet or a VPS in any way prevented from remaining active / up?
February 27, 2014, 12:34:21 PM
Interesting, but it seems this is just a theory you, no practice! 
yes this is a proof of concept
February 27, 2014, 12:27:41 PM
sounds a little similar to timekoin http://timekoin.org/
i didn't see it yet, you are right. But as I look on it, these things are unacceptable:
No hard limit on currency creation. There is no cap of the maximum amount of currency that will ever be created.
All Timekoins are whole numbers. No Decimal point currency is used to avoid rounding and accuracy errors.
February 27, 2014, 12:27:24 PM
Interesting, but it seems this is just a theory you, no practice!
February 27, 2014, 12:21:07 PM
I will just make 1000 single core server just for this ? Doesn't works man.
you will have always the same ipso botnet will control PoU, right?
no, because they have to be up for a long time in order to win February 27, 2014, 12:15:53 PM
so botnet will control PoU, right?
February 27, 2014, 12:15:24 PM
I am presenting my new Concept:
XEM - X(CountryLess PreChar) Economic Money
Algorithm: Proof of Uptime (PoU)
The wallet counts the uptime of the client. The longer it's online, the higher the chance of being chosen for solving the next block.
This makes of course only sence, for one ip-address, so the system will check, that all uptimes for the current round are coming from different ip addresses. Otherwise someone can fake multiple uptime accounts.
Advantage:
- no wasting engery as with PoW
- no unfair advantage with a big amount of coins as with PoS
- high availability of systems
- 51% attack nearly impossible
Coin Maximum: about 1 Billion
5 minute transaction time (288 blocks per day)
Coin Distribution
Beginning: 58000 XEMs every Block
halfing the amount every 8.640 Blocks (about 1 month)
Total Coin Distribution Time: 12 Months
After that 12 Months only transaction fees.
"Premine" for development and marketing:
12 hours => about 0,83%
Interested? Programmers?
XEM - X(CountryLess PreChar) Economic Money
Algorithm: Proof of Uptime (PoU)
The wallet counts the uptime of the client. The longer it's online, the higher the chance of being chosen for solving the next block.
This makes of course only sence, for one ip-address, so the system will check, that all uptimes for the current round are coming from different ip addresses. Otherwise someone can fake multiple uptime accounts.
Advantage:
- no wasting engery as with PoW
- no unfair advantage with a big amount of coins as with PoS
- high availability of systems
- 51% attack nearly impossible
Coin Maximum: about 1 Billion
5 minute transaction time (288 blocks per day)
Coin Distribution
Beginning: 58000 XEMs every Block
halfing the amount every 8.640 Blocks (about 1 month)
Total Coin Distribution Time: 12 Months
After that 12 Months only transaction fees.
"Premine" for development and marketing:
12 hours => about 0,83%
Interested? Programmers?
I will just make 1000 single core server just for this ? Doesn't works man.
February 27, 2014, 12:11:30 PM
@refer_2_me: why should you use tor for mining?
@zwjin45n: what are you expecting? i am afraid, that there is nothing much newer any more to discover
@zwjin45n: what are you expecting? i am afraid, that there is nothing much newer any more to discover
February 27, 2014, 12:05:33 PM
that's it ? that's what you call POU?
why I can not saw any newstuff
why I can not saw any newstuff
February 27, 2014, 11:57:59 AM
How will you deal with the use of proxys or the use of Tor?
February 27, 2014, 11:57:31 AM
interesting
February 27, 2014, 11:57:20 AM
sounds a little similar to timekoin http://timekoin.org/
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