Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 226. (Read 1009280 times)

I am saying ZIET might be a good rally point for the dozen or so decent stakes devs but have low market cap stakes coins.  The first push should be nothing more complicated than figuring out how to share costs on creating a robust node network.  In fact maybe ZIET can provide that service (someone was offering earlier I think too).  And from there maybe optimizing the lines of code (aka share notes via github).  

Later once SuperNet and BlockNet are clearly understandable.  Then the already established association of others might form into said ZIETNet.  

_{*Example
http://windsor.cach.co:8337/
I know this is based on POW/pools but ZIETNet 1.0 might be nothing more than reliable node observation and reporting}

You need to get some full-time developers to start such a big project.
Plus, I see no advantage in the supernet. It's a big one-man-show (with hundrets of assets) pushing up btcD and NXT.

Cheers

Tell you what, you make the program changes and we will take a look at it.
Here is the base code
https://github.com/zeitcoin/zeitcoin

Be aware the changes to becoming a zeitnet would most likely affect our Speed, and cpu % use on PCs.
Slowing Speed and Increasing CPU & Ram & Bandwidth requirements, not something most of us want.

Let us know when you are ready.  

 

FYI:
The alt internet feature does not require it to be a supernet.
And have been watching that with interest
http://cointelegraph.com/news/113343/what-would-kim-dotcoms-meganet-look-like-op-ed
But it is also not needed to accomplish our original goals and would be another distraction.
Technically speaking what we have now , can achieve our original goal.

I will counter with 'numbers matter'.

These kinds of networks allow for the creation of alt internets ... data hosting and AI management systems.

I don't see the creation of a Zeitnet causing any limitation only increasing the potential and strength of the network we are already trying to ramp-up.  In fact if we all go that route we ought aim to specifically to make Zeitnet none ridged in design.

Think ZIET as more of a platform that allows side-chain like abilities.

Later as things shape-up we can explore if and how to connect with the SuperNets now under construction.

I think this is the right vision.  Stakes coins reclaim the network and reward back to individuals running the networks from their home.  No ASICs no centralized pools, no hash farms, plus the efficient use of electricity.  So we got that going for us.  Why not lead in the innovation of the stakes arena, a Zeitnet platform will attract a greater community focused on a political unity.

Every link we make with one of the other coins places a rope around our freedom to innovate in the future.
As everything stands at the moment , we can make any change to add or change features without worry that it will break our connection to supporting another coin.
I have looked at Super & the others, have not really see anything of major interest at the current time.

In Fact , I considered them an ISM .
https://www.youtube.com/watch?v=Oz9fX_HfsXA

It is great your enthusiastic, but making zeit into a zeitnet for other coins , does not fit with the original concept of making zeit into a virtual resource to save the world from financial madness & corruption.
And becoming a zeitnet would derail us from that original course.
Unlike other coins zeit will not wavier from our course, becoming a hybrid, using a checkpoint server, creating masternodes, being a supernet, are all distractions leading toward centralization for maybe a  quick buck. Zeit will not fall for these attempts, we are not desperate , Zeit is Focused and Patient , which is why we will be the Last Coin Standing even over Bitcoin.

 

@kiklo

"single point of failure"

my suggestion is not attach to Super or Block
rather do the same, help other lesser coins maintain secure config file list to getting attached to their peers
(maybe something that even allows merged mining stakes ... wild idea but I think it will evolve into that)

Do study what Super and Block and others like that are doing!

What is the ultimate HUB that attaches them all ... i don't know but I think it is coming ... but ZIET ought most definitely be a spoke connecting many into a greater wheel.



Super, Block, Bts, and PPC are claiming those little green boxes.  Ziet is in the right position to work towards maintaining a spoke of integrity and resilience.

While their is nothing wrong with running Virtual PCs,
if they are centralizing their nodes on mostly 1 network such as amazon,
that does create a single point of failure , if amazon center goes down and the majority of the wallets are taken offline at once. It needs to be spread out to be secure.

Also they have some issues hanging over them.
a possible way to trick their client into forging with twice the weight, that has never received a clear answer.
https://nxtforum.org/testnet/nxt-security-audit-attack-simulations-on-testnet/

 
 

Probably will be a merger of the coins with weaker convictions.
They will band together to try and become stronger.

Interesting thought for those other coins but Not the course for Zeit,
Zeit must stay decentralized to accomplish the Goals we have set for it.
A True Virtual Resource used thru out the world, Zeit running on the supernet or blocknet would do nothing but add a single point of failure and a possible point of congestion.

Zeit must remain separate from them, so that any limits they place upon themselves to be a part of a supernet , in no way limit Future Innovations in Zeit.

Example :
Diamond once proposed the same type deal, where we & noble would run on their network.
Zeit turned their offer down,  Noble waited for months , until they finally had to go another route and were much weaker because of it.

FYI:
If We had agree to run on diamond , their network has frozen up or forked enough to be shut down 3 times since they made that proposal. In Fact , their network just had problems 2 weeks ago and their cryptsy wallet only came back online in the past few days.
While we at Zeit have been running the whole time.
We don't need to give up our Strength for their weakness.

ZeitCoins will succeed because of the ZCM & the Zeit Knights Standing United.  

What others run to for strength such as the supernet, we recognize as adding weakness.

 

FYI:
In regards to your reference to us being a Superhighway for some other coins,
All of these supernets have only one goal to absorb the strength and users of the other coins, so that in the end, their will only be supernet and those other coin names and identities will be discarded.

At Zeit, Honesty is important , we have no interest in telling lies to trick another coin community into destroying their coin , so that we may profit at their misfortune. That's not how we roll.

Classic example :
Look up the old Twilight Zone TV Show named To Serve Man
At first it seems aliens are going to serve man and grant him his every wish,
But Truth be told To Serve Man was really a list of recipes when they consumed man.
Food for Thought!  

 

I've been out of the ZIET loop for some time.  Busy with other coins, and I figured this ship floats without me pestering the guys doing what needs to be done.  Just wish I bought a boat load way back when I had that feeling that ZIET was a good coin

So good job to all.  ZIET is positioned in what I call TIER3 stakes (top30).  That alone, nevermind actual market cap, the position itself is important.

RE:  Moving to the next level

That is one way to sum up the future.

POW coins are so 'yesterday' ... but the Networks are built up (sunk costs) and it looks like 15 SHA coins, 50 Scrypt coins, and about 10 x11 coins will live.  But from here on out there is little reason to compete with them or adopt their outdated tech ... that is ... burn electricity and limit mining to the few who own specialized ASIC hardware.

The crypto landscape of tomorrow is NXT.  All it requires is an online computer to maintain the network ('nodes') and the investors get rewarded for maintaining the transaction blockchain.  Bonus ... a de facto decentralized network is created by the 'stakes' miners.

Energy Efficient Plus Plus!!

To the point ... NXT, Peer(Nu), BTS, NEM, and Block are leading the next big thing.  All these coin communities can share resources, specifically provide resilient 'master node' networks that assure sufficient network strength.  And they are promising "Anon" options, decentralized exchange platforms, and other cool stuff.

My suggestion is pay attention to these developments.  Study.

I am not saying ZIET ought join SuperNet nor BlockNet.  But we do need to plan how ZIET fits within that new landscape.  

Perhaps form a coalition of other coins ourselves, create an independent node backbone for us all to link into?

Someday, I see all these SuperNets linking someday into one MegaNet  ZIET might seek to be a major network highway connected to the huge metropolis of stake coin networks ... all of them linked.

Nice and true....
We have a build-in INSTANTX... Lightzpeed ....

Mintpal closed their zeit markets a few months before they crashed.
So everyone had a chance to remove their zeitcoins , no one should have had any zeitcoins there when it crashed.


 

Whoa! Talk about a blast from the past! Unfortunately, I am sure MintPal is a lost cause.

Have the Mintpal ZEIT wallets been recovered?

I agree. ZEIT transfers are instant.

ZEIT marks a new way in the use of crypto currencies.

Join us !!

 

One of the reasons , Zeit outperforms BTC & LTC.

SPEED

Send some Bitcoins or Litecoins to an address and wait  
 


Then send some Zeitcoins to an address and Boom Its There  



Plus we don't need energy wasting Asics to get it done.
Fast & Energy Efficient , the unlikely Duo in Zeit.

 

Yep, it consolidated for quite a while, but it's seen some great volume and gains of late. Still some relatively cheap coin on the books over at cryptsy.

It's about time this decided to rise, Will continue to hold and maybe add to my pile...

i wonder how long people will dump at 2 sats before they realize they are selling too cheap

More Information about the outdated clients:



Cheers,
Ray

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