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A fully decentralised consensus algorithm Development & Technical Discussion
Firstly, no worries about propagation, I just append the bytes to my statement.S…
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n/a | monsterer2 | June 10, 2018, 11:42:38 AM |
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A fully decentralised consensus algorithm Development & Technical Discussion
In my statement I explain how good it would be if people just confirm my transac…
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n/a | monsterer2 | June 10, 2018, 08:08:08 AM |
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A fully decentralised consensus algorithm Development & Technical Discussion
Sybil attack is not the issue, I'm talking about 50%+1 attack. As for sybil atta…
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n/a | monsterer2 | June 10, 2018, 07:15:32 AM |
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A fully decentralised consensus algorithm Development & Technical Discussion
People can't vote for my money, it is said to be my asset, to be defended again…
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n/a | monsterer2 | June 10, 2018, 06:25:36 AM |
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A fully decentralised consensus algorithm Development & Technical Discussion
In my opinion, PoW is the most reliable consensus paradigm ever. Specially I am…
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n/a | monsterer2 | June 10, 2018, 06:03:49 AM |
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A fully decentralised consensus algorithm Development & Technical Discussion
A truly decentralised consensus mechanism is one where humans perform the PoW. T…
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n/a | monsterer2 | June 10, 2018, 05:17:29 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
I presume you are referring to the current PoA design and not my proposal becaus…
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n/a | monsterer2 | June 09, 2018, 10:13:18 AM |
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Limits of POW Development & Technical Discussion
If someone devises a new way to employ Hashcash-like proofs without blocks or so…
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n/a | monsterer2 | June 09, 2018, 03:04:24 AM |
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Limits of POW Development & Technical Discussion
If someone devises a new way to employ Hashcash-like proofs without blocks or so…
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n/a | monsterer2 | June 08, 2018, 03:45:07 PM |
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Video Game Proof of Work translated to Proof of Stake blockchain Development & Technical Discussion
If you invest in bitcoin it means you trust the Bitcoin software. If you invest…
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n/a | monsterer2 | June 08, 2018, 03:42:02 PM |
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Video Game Proof of Work translated to Proof of Stake blockchain Development & Technical Discussion
One example that I think would work is a Blockchain MMO. Let's make it simple a…
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n/a | monsterer2 | June 08, 2018, 10:55:11 AM |
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Limits of POW Development & Technical Discussion
Sorry but that’s not correct.As I explained in my analysis of OmniLedger—a techn…
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n/a | monsterer2 | June 08, 2018, 04:03:32 AM |
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Video Game Proof of Work translated to Proof of Stake blockchain Development & Technical Discussion
One example that I think would work is a Blockchain MMO. Let's make it simple a…
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n/a | monsterer2 | June 08, 2018, 02:48:44 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
I look forward to what you guys can come up with. Although, I have to say I'm ex…
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n/a | monsterer2 | June 08, 2018, 02:43:47 AM |
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Video Game Proof of Work translated to Proof of Stake blockchain Development & Technical Discussion
'Proof' is the key word here. How are you going to prove any of these achievemen…
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n/a | monsterer2 | June 07, 2018, 02:05:20 PM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
1) Bonded stake systems are subject to the 0% attack in which you bribe all the…
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n/a | monsterer2 | June 07, 2018, 05:28:18 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
@shunsaitakahashi,Since you expect 50+% of the stake to be stable running on the…
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n/a | monsterer2 | June 07, 2018, 04:59:47 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hi Shunsai,I have some ideas for you which might help your NaS problem. I develo…
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n/a | monsterer2 | June 06, 2018, 04:51:31 AM |
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Proof of Work: Limit node hashrate to improve decentralisation? Development & Technical Discussion
Maybe for Bitcoin and all other Proof of Work coins: Would it be possible to som…
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n/a | monsterer2 | June 04, 2018, 03:49:14 PM |
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ECDSA signatures: why not force the reuse for r for spends from the same address Development & Technical Discussion
Thanks for the thought experiment.I had the feeling that something was off about…
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n/a | monsterer2 | June 04, 2018, 01:27:41 PM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hello Paul,One possible solution can be to temporarily blacklist the offender an…
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n/a | monsterer2 | June 04, 2018, 01:19:12 PM |
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ECDSA signatures: why not force the reuse for r for spends from the same address Development & Technical Discussion
Say someone makes a double spend using an address from 2-3 years ago. Those coin…
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n/a | monsterer2 | June 04, 2018, 06:30:57 AM |
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Bid Consensus: New PoW that is offline minable and lean blockchain Development & Technical Discussion
There is no information about how this solves the double spend problem?As far as…
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n/a | monsterer2 | June 04, 2018, 04:47:13 AM |
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ECDSA signatures: why not force the reuse for r for spends from the same address Development & Technical Discussion
Tough luck for someone double spending by accident; a field day for an adversary…
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n/a | monsterer2 | June 04, 2018, 04:23:12 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Does loss of one reward per misdeed provide enough deterrence? Also, should the…
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n/a | monsterer2 | June 03, 2018, 03:38:17 PM |
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ECDSA signatures: why not force the reuse for r for spends from the same address Development & Technical Discussion
My issues are:1. There are legitimate reasons for 0-conf double spends, e.g RBF.…
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n/a | monsterer2 | June 03, 2018, 01:39:53 PM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Therefore, the signatory stake at block P is just 51%. The honest chain wins.Reg…
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n/a | monsterer2 | June 03, 2018, 01:33:08 PM |
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ECDSA signatures: why not force the reuse for r for spends from the same address Development & Technical Discussion
It ought to be possible to verify and disallow unique r values for spends from t…
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n/a | monsterer2 | June 03, 2018, 12:31:37 PM |
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ECDSA signatures: why not force the reuse for r for spends from the same address Development & Technical Discussion
If we want to discourage double spends, why aren't we just enforcing the rule th…
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n/a | monsterer2 | June 03, 2018, 10:51:53 AM |
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Some thoughts about consensus design Development & Technical Discussion
There is no incentive structure here to control the behaviour of the chain, so w…
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n/a | monsterer2 | June 03, 2018, 03:28:46 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hello Paul,Why is it not possible to present two different epocs representing th…
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n/a | monsterer2 | June 03, 2018, 02:53:06 AM |
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Some thoughts about consensus design Development & Technical Discussion
As stated there at the linked post.The owners of the UTXO that is intertwined wi…
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n/a | monsterer2 | June 02, 2018, 05:52:22 AM |
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One-destination-units blockchain (without PoW) with probabillistic usage Development & Technical Discussion
Well, in that case, what you've got is a more useless version of PoW, where inst…
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n/a | monsterer2 | June 02, 2018, 05:00:21 AM |
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One-destination-units blockchain (without PoW) with probabillistic usage Development & Technical Discussion
Please give me your concerns! : )Thanks a lotIt doesn't work. The rational thing…
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n/a | monsterer2 | June 02, 2018, 04:39:24 AM |
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One-destination-units blockchain (without PoW) with probabillistic usage Development & Technical Discussion
Please give me your concerns! : )Thanks a lotIt doesn't work. The rational thing…
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n/a | monsterer2 | June 02, 2018, 04:05:56 AM |
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Some thoughts about consensus design Development & Technical Discussion
my thoughts about this were most of the time that i would invent a coin where ev…
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n/a | monsterer2 | June 02, 2018, 03:07:21 AM |
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Some thoughts about consensus design Development & Technical Discussion
If you start out your design by choosing to use something which is double spenda…
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n/a | monsterer2 | June 01, 2018, 03:11:14 PM |
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Some thoughts about consensus design Development & Technical Discussion
If you want to solve the double spend problem, you have to start with something…
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n/a | monsterer2 | June 01, 2018, 11:13:03 AM |
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PoW for delay tolerant networks on consumer devices Development & Technical Discussion
1) Can the PoW algorithm be rewritten to be more egalitarian and "device-aware"?…
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n/a | monsterer2 | June 01, 2018, 10:42:48 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
If two competing forks (with epochs) have absolutely equal stake (even to the bi…
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n/a | monsterer2 | May 31, 2018, 04:51:39 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
If you're presented with two identical looking epocs, with the same blocks and d…
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n/a | monsterer2 | May 28, 2018, 11:41:01 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hello Paul,Also note that a single honest stakeholder (hodler ) holding a relati…
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n/a | monsterer2 | May 28, 2018, 02:59:41 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Also note that a single honest stakeholder (hodler ) holding a relatively small…
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n/a | monsterer2 | May 27, 2018, 10:41:01 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
The ultimate goal, though, is to have the entire stake in the system sign every…
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n/a | monsterer2 | May 24, 2018, 05:44:35 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hello Paul,"Proof of approval is an approximation of a PoS chain in which every…
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n/a | monsterer2 | May 23, 2018, 05:11:08 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hi Shunsai,Thanks for the clarification.So I can better understand the way this…
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n/a | monsterer2 | May 22, 2018, 09:34:20 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hello Abdulkhaliq123,In that case, why approve blocks at all? There are two diff…
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n/a | monsterer2 | May 19, 2018, 03:03:09 AM |
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Proof-of-Approval: Version 2.0 Development & Technical Discussion
Hi Shunsai,I'd like some clarification on the epoc rewards; every node on the ne…
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n/a | monsterer2 | May 18, 2018, 05:30:03 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
Either you select the canon chain based on highest stake, or you don't. If your…
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n/a | monsterer2 | May 12, 2018, 11:15:31 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
...try to trigger your other rule to discard the canon chain as fake...Have you…
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n/a | monsterer2 | May 12, 2018, 08:57:01 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
I have thought seriously about the problem you posted and maybe I have found a w…
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n/a | monsterer2 | May 12, 2018, 04:04:23 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
That won't help you at all. It doesn't address the problem of historical private…
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n/a | monsterer2 | May 11, 2018, 09:13:23 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
Words like 'sealed' have little meaning in any system where block generation has…
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n/a | monsterer2 | May 11, 2018, 08:09:55 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
I hope this could explaine:QuoteThe difference is that when the votes take effec…
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n/a | monsterer2 | May 11, 2018, 06:22:57 AM |
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Sacrificing Decentralization for Scalability Development & Technical Discussion
Every time you consider increased centralisation for whatever reason, you must a…
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n/a | monsterer2 | May 11, 2018, 01:26:49 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
My point was, if you only achieve the security model of PoS with this technique,…
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n/a | monsterer2 | May 10, 2018, 01:40:58 PM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
You can consider it as a kind of PoS mechanism in this respect, that's OK. But f…
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n/a | monsterer2 | May 10, 2018, 10:27:46 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
I stopped reading the paper at this point. I'm afraid this paper reads like a bl…
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n/a | monsterer2 | May 10, 2018, 08:45:19 AM |
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A Consensus Protocol Based on the Ability of Network Dispersity. Development & Technical Discussion
Quote“Proof of Stake” (PoS) protocol is the most successful one of them because…
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n/a | monsterer2 | May 09, 2018, 03:41:01 AM |
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Proof-of-Approval: A Better Blockchain Consensus Protocol Development & Technical Discussion
Hello Aliashraf,I believe I have a good solution to this History attack (aka Cos…
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n/a | monsterer2 | April 25, 2018, 09:55:30 AM |
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Proof-of-Approval: A Better Blockchain Consensus Protocol Development & Technical Discussion
You are correct in pointing out an issue here which must be solved. I'd describe…
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n/a | monsterer2 | March 29, 2018, 03:39:51 AM |
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Proof-of-Approval: A Better Blockchain Consensus Protocol Development & Technical Discussion
Hello Monsterer2,In the following example, say I had a majority of stake at bloc…
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n/a | monsterer2 | March 28, 2018, 02:28:30 AM |
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Looking for people to review Proof of Time Ownership - a consensus protocol Altcoin Discussion
Is this the right section to put this kind of thing?Try posting in the Bitcoin t…
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n/a | monsterer2 | March 20, 2018, 06:03:19 AM |
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Proof-of-Approval: A Better Blockchain Consensus Protocol Development & Technical Discussion
Stakes (or stake changes) in any block affect decision process in forks containi…
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n/a | monsterer2 | March 20, 2018, 05:01:37 AM |
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Proof-of-Approval: A Better Blockchain Consensus Protocol Development & Technical Discussion
Hello Paul,I appreciate your kind words and your taking time to review this work…
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n/a | monsterer2 | March 16, 2018, 05:08:47 AM |
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Proof-of-Approval: A Better Blockchain Consensus Protocol Development & Technical Discussion
Hi Shunsai,Firstly, congratulations on producing a genuine white paper; there is…
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n/a | monsterer2 | March 15, 2018, 04:33:37 AM |
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Pow Idea - tell me why it wouldn't work Development & Technical Discussion
This will work, but I don't think it improves the overall security of the chain…
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n/a | monsterer2 | March 14, 2018, 04:43:58 AM |
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How do i Find out the value of a idea Archival
Ideas are utterly worthless. Only the implementation gives them value.
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n/a | monsterer2 | March 08, 2018, 06:06:14 AM |
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Exploring double spends, a thought experiment Development & Technical Discussion
What would be the standard coin issuance rate and how would it work out since th…
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n/a | monsterer2 | March 08, 2018, 03:45:30 AM |
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Exploring double spends, a thought experiment Development & Technical Discussion
OP is suggesting that a Nash Equilibrium might be another solution. He or someo…
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n/a | monsterer2 | March 07, 2018, 02:54:14 PM |
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Exploring double spends, a thought experiment Development & Technical Discussion
Can you see where this is going? Given any arbitrarily small amount of value, B…
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n/a | monsterer2 | March 07, 2018, 08:32:02 AM |
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Exploring double spends, a thought experiment Development & Technical Discussion
We all know why bitcoin was created. Double spends are the problem. Without doub…
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n/a | monsterer2 | March 07, 2018, 06:57:46 AM |
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Learning blockchain technology by reverse engineering blockchain code Development & Technical Discussion
well i will have to disagree i already have a consensus idea i want to learn mor…
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n/a | monsterer2 | March 06, 2018, 04:17:32 PM |
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Learning blockchain technology by reverse engineering blockchain code Development & Technical Discussion
The problem is not the code, the problem is the knowledge.What you propose is li…
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n/a | monsterer2 | March 06, 2018, 09:38:52 AM |
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PayPal prosposed a patent to improve transaction times Development & Technical Discussion
Exchanges generally move everything in to main hot- and cold-wallets, and then p…
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n/a | monsterer2 | March 06, 2018, 06:16:56 AM |
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PayPal prosposed a patent to improve transaction times Development & Technical Discussion
Not quite. Paypal want to transfer wallets and private keys between users. Excha…
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n/a | monsterer2 | March 06, 2018, 05:28:12 AM |
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PayPal prosposed a patent to improve transaction times Development & Technical Discussion
This is basically the same way that all online wallets work, and all exchanges,…
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n/a | monsterer2 | March 06, 2018, 04:51:04 AM |
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PayPal prosposed a patent to improve transaction times Development & Technical Discussion
The entire problem which bitcoin solves is how to trustlessly exchange value sto…
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n/a | monsterer2 | March 06, 2018, 04:24:38 AM |
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Is the hashing power of the users insignificant? Development & Technical Discussion
Comparing to the miners 7,983,858,406,000 Mh/sDannyHamilton's 7.9 zettahash was…
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n/a | monsterer2 | March 03, 2018, 02:07:33 PM |
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Decentralized Exchange possible on mobile devices? Exchanges
The first problem is that a DeX is actually an unsolved problem. There are no, t…
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n/a | monsterer2 | March 02, 2018, 05:35:13 AM |
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Is the hashing power of the users insignificant? Development & Technical Discussion
Ok, so lets try this again with the right numbers, and some background explanati…
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n/a | monsterer2 | March 02, 2018, 05:20:25 AM |
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Is the hashing power of the users insignificant? Development & Technical Discussion
I'm not sure where you got your information from, but you seem to have quite a f…
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n/a | monsterer2 | March 01, 2018, 11:34:29 AM |
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Is the hashing power of the users insignificant? Development & Technical Discussion
I was just doing some back-of-a-napkin style calculations to figure out the hash…
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n/a | monsterer2 | March 01, 2018, 06:09:15 AM |
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What's the situation with Bitcoins privacy/anonymity? Development & Technical Discussion
You just mentioned what Monero can do. But you need to do proper full nodes conf…
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n/a | monsterer2 | March 01, 2018, 04:03:03 AM |
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Requesting Feedback on whitepaper Project Development
I've skimmed it, but something strikes as strange. How can it be trustless when…
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n/a | monsterer2 | February 28, 2018, 01:33:59 PM |
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Is Blockchain technology becoming obsolete? Serious discussion
Hi,what do you think about Dagger (XDAG). They proclaim themselves as the first…
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n/a | monsterer2 | February 28, 2018, 05:47:10 AM |
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Mudra: Transparency is the new objectivity Altcoin Discussion
I wanna see a P/L graph for the previous year of your firm's activities... as sh…
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n/a | monsterer2 | February 28, 2018, 04:02:56 AM |
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What's the situation with Bitcoins privacy/anonymity? Development & Technical Discussion
Privacy/anonymity consists of:A. unlinkability (can't tell two transactions are…
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n/a | monsterer2 | February 27, 2018, 04:20:27 PM |
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How would a blockchain work without miners? Development & Technical Discussion
Just „thinking out,loud“: could you use a POS system? or a IOTA like confirmatio…
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n/a | monsterer2 | February 27, 2018, 02:15:26 PM |
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Creating A.I. out the hashing power of ASICs (Sci-fi?) Development & Technical Discussion
Hi,I just want to float a crazy idea that occured to me a few days ago. Don't th…
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n/a | monsterer2 | February 27, 2018, 07:14:35 AM |
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Is Blockchain technology becoming obsolete? Serious discussion
There are emerging cryptocoins which don't rely on the 'old' blockchain technolo…
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n/a | monsterer2 | February 27, 2018, 04:55:37 AM |
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How would you build an exchange? Exchanges
As someone who has done this in the past, I'd have to say you need a team, more…
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n/a | monsterer2 | February 27, 2018, 03:49:37 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
ironic that Proof of Anti-stake may workthe idea is, that user destroys it's coi…
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n/a | monsterer2 | February 26, 2018, 07:11:00 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
Agree that the paper is hard to read, and that's partially unavoidable due to th…
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n/a | monsterer2 | February 25, 2018, 08:20:24 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
The problem that you're facing is that of network partition combined with the fa…
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n/a | monsterer2 | February 25, 2018, 05:59:28 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
In the case you presented, if 10/20 lockers appear offline and later they try to…
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n/a | monsterer2 | February 24, 2018, 06:38:59 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
We're trying to prove in the paper that actually there's no such case where a fo…
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n/a | monsterer2 | February 23, 2018, 08:22:24 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
There's no way to create a fork on those transactions, since the majority of the…
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n/a | monsterer2 | February 23, 2018, 06:58:03 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
Our entire algorithm is focused around the idea that independent transactions ca…
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n/a | monsterer2 | February 23, 2018, 06:30:36 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
There's no way to create inconsistent transactions like this, the worst that cou…
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n/a | monsterer2 | February 23, 2018, 06:19:42 AM |
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