Miningchamp - Find hashrate of Graphics card

Subreddit Stats: CryptoTechnology top posts from 2017-12-23 to 2020-01-20 15:51 PDT

Period: 758.36 days
Submissions Comments
Total 956 13660
Rate (per day) 1.26 18.01
Unique Redditors 584 3144
Combined Score 21553 44566

Top Submitters' Top Submissions

  1. 1166 points, 43 submissions: Neophyte-
    1. "Do you need a Blockchain?" - this paper is fantastic, everyone should read this before evaluating a coin and if requires a block chain to solve a solution the coin is promising to solve. (136 points, 41 comments)
    2. Do any of you foresee a crypto being widely adopted as a general purpose payment coin? nano, btc, btccash etc (take your pick). I think it won't happen for reasons in this post. What do you think? (59 points, 54 comments)
    3. Noticed the huge rise of EOS lately what does it have over NEO and ethereum and to a lesser extent Cardano? I tried researching it, but wasn't sold. (54 points, 55 comments)
    4. Hard Problems in Cryptocurrency: Five Years Later ~Vitalik (46 points, 1 comment)
    5. I had a Q&A with Bruno head architect / CEO of oyster, thought you guys might like it. (45 points, 2 comments)
    6. A good article that explains in simple terms how Eth2 works, how it will be rolled out and migrated from eth1 (42 points, 4 comments)
    7. DAI the stablecoin can now be transferred GAS free (article explaining how it works via new MCD DAI contract). This holds alot of promise for the so called "Web3" (40 points, 8 comments)
    8. Veriblock is consuming 27% of bitcoins block space - what does this mean for bitcoins future? (39 points, 16 comments)
    9. Vitalik: Alternative proposal for early eth1 <-> eth2 merge (38 points, 3 comments)
    10. Is launching a PoW permissionless blockchain still possible today? or would it be too susceptible to a 51% attack? (37 points, 37 comments)
  2. 578 points, 16 submissions: crypto_ha
    1. Why is Ripple considered a cryptocurrency (by many)? (109 points, 63 comments)
    2. So reportedly there are serious vulnerabilities found in EOS’ code. And it seems like those are more than just random software bugs. (97 points, 29 comments)
    3. Guide: How to get started with Blockchain development? (60 points, 6 comments)
    4. A newly found vulnerability in Nano's Android wallet (44 points, 12 comments)
    5. The history and state of Ethereum's Casper research - Vitalik Buterin (39 points, 4 comments)
    6. What is the difference between Sidechain vs Child Chain vs Off Chain? (39 points, 12 comments)
    7. EOS mainnet is official live (finally), but... (36 points, 24 comments)
    8. Bitcoin's "doomsday" economics - Bank of International Settlements (34 points, 23 comments)
    9. How Wall Street’s embrace could undermine Bitcoin (30 points, 9 comments)
    10. Ethereum ERC 1497: DApp Dispute Evidence Standard (24 points, 0 comments)
  3. 513 points, 20 submissions: ndha1995
    1. Ethereum Classic is currently being 51% attacked (103 points, 31 comments)
    2. Why are there so many garbage posts the past 24 hours? (58 points, 10 comments)
    3. Google Unveils 72-Qubit Quantum Processor With Low Error Rates (48 points, 24 comments)
    4. IOTA's Network-Bound PoW consensus, is it feasible? (42 points, 13 comments)
    5. The Challenges of Investigating Cryptocurrencies and Blockchain Related Crime (29 points, 7 comments)
    6. Deep dive into zk-STARKs with Vitalik Buterin's blog posts (26 points, 3 comments)
    7. Tether discussion thread (26 points, 21 comments)
    8. Vitalik Buterin Proposes a Consensus Algorithm That Requires Only 1% to Be Honest (24 points, 8 comments)
    9. Can somebody compare Qtum vs. NEO, technology-wise? (E.g. PoS vs. PoW; smart contract protocols...) (21 points, 15 comments)
    10. Introduction to Non Fungible Tokens (NFTs) (21 points, 9 comments)
  4. 377 points, 16 submissions: turtleflax
    1. Around 13% of DASH's privateSends are traceable to their origin (69 points, 3 comments)
    2. "Big Bang" attack could leverage Monero's dynamic blocksize to bloat the blockchain to 30TB in only 36 hours (52 points, 3 comments)
    3. The case for the obsolescence of Proof of Work and why 2018 will be the year of Proof of Stake (41 points, 29 comments)
    4. Monero vs PIVX: The First Scheduled Privacy Coin Debate Thread on /CryptoCurrency (38 points, 12 comments)
    5. Introducing the Privacy Coin Matrix, a cross-team collaboration comparing 20 privacy coins in 100 categories (26 points, 25 comments)
    6. Do permissioned blockchains have any merits? (25 points, 23 comments)
    7. The State of Hashing Algorithms — The Why, The How, and The Future (21 points, 4 comments)
    8. How Zerocoin Works in 5 Minutes (19 points, 5 comments)
    9. Errors made by Satoshi (17 points, 8 comments)
    10. How Much Privacy is Enough? Threats, Scaling, and Trade-offs in Blockchain Privacy Protocols - Ian Miers (Cornell Tech, Zerocoin, Zerocash) (17 points, 4 comments)
  5. 321 points, 6 submissions: Qwahzi
    1. Technical comparison of LIGHTNING vs TANGLE vs HASHGRAPH vs NANO (133 points, 37 comments)
    2. Addressing Nano's weaknesses (bandwidth usage and disk IO). Nano voting traffic to be reduced by 99.9% by implementing vote by hash, lazy bootstrapping, and reduced vote rebroadcasting (x-post CryptoCurrency) (78 points, 8 comments)
    3. Emergent centralization due to economies of scale (PoW vs DPoS) – Colin LeMahieu (52 points, 37 comments)
    4. Nano community member developing a distributed "mining" service to pay people to do PoW for third-parties (e.g. exchanges, light wallet services, etc) (32 points, 20 comments)
    5. What do you think about OpenCAP, the cryptocurrency alias protocol that mirrors traditional email addresses? (15 points, 12 comments)
    6. Bitcoin would be a calamity, not an economy (11 points, 52 comments)
  6. 256 points, 4 submissions: rockyrainy
    1. Bitcoin Gold hit by Double Spend Attack (51% attack). The Attacker reversed 22 blocks. (179 points, 102 comments)
    2. ZK-starks white paper published (44 points, 16 comments)
    3. [Q] How does a network reach consensus on what time it is? (21 points, 17 comments)
    4. Stateless (no history) Cryptocurrency via snapshots? (12 points, 7 comments)
  7. 244 points, 3 submissions: HSPremier
    1. From a technical standpoint: Why does every blockchain projects need their own coins? (181 points, 50 comments)
    2. What is Reddit's obsession with REQ? (61 points, 43 comments)
    3. What is the technological difference between a privacy coin and a privacy coin platform? Won't a privacy coin platform be more superior than a privacy coin? (2 points, 3 comments)
  8. 234 points, 2 submissions: Realness100
    1. A Guided Reading of Bitcoin’s Original White Paper (202 points, 10 comments)
    2. A Guided Reading of Ethereum's Original White Paper! (32 points, 5 comments)
  9. 185 points, 4 submissions: tracyspacygo
    1. My brief observation of most common Consensus Algorithms (159 points, 49 comments)
    2. What are the main Trends/Challenges for Bitcoin and whole crytpocurrencies industry? (12 points, 33 comments)
    3. Guideline for Newbies: Trying out Bitcoin transactions with TESTNET (7 points, 1 comment)
    4. Most advanced Cryptocurrencies Comparison Table (7 points, 8 comments)
  10. 177 points, 9 submissions: benmdi
    1. What's the best argument against cryptotechnology? I.e. Steelman the cryptocurrency skeptic (43 points, 42 comments)
    2. Would there be interest from this community in crypto resources aimed at developers? If so, what topics? (29 points, 14 comments)
    3. Has the window for bootstrapping a new PoW coin closed? (24 points, 57 comments)
    4. What can we, as a community, learn from the rise & acquisition of GitHub (23 points, 8 comments)
    5. 🍱 Rollup Roundup: Understanding Ethereum's Emerging Layer 2 (19 points, 1 comment)
    6. Video Tutorial: Introducing An Experience Dev To Smart Contract Coding (17 points, 3 comments)
    7. Do we need a blockchain to be decentralized? What questions would you ask a self described fan of decentralization, but blockchain skeptic? (11 points, 19 comments)
    8. ETH Block Rewards And Second Order Effects On Hardware Availability (7 points, 8 comments)
    9. Which Of The Big Tech Companies Is Most Likely To Bring Crypto Mainstream? Here's Why I Think It's Apple (4 points, 7 comments)
  11. 175 points, 9 submissions: galan77
    1. Is the Lightning Network a massive threat to the blockchain? (49 points, 66 comments)
    2. TPS of Lightning Network vs. Sharding, which one does better? (28 points, 7 comments)
    3. Are there any major downsides to sharding? (21 points, 33 comments)
    4. What's the difference between trustlessness and permissionlessness (19 points, 7 comments)
    5. Which consensus algorithm is the best, PoW, PoS, PoAuthority, PoAsset? (18 points, 57 comments)
    6. How can XRP reach 50,000 TPS when they have no sharding and every node has to validate every single transaction. (15 points, 14 comments)
    7. A few questions about the Lightning Network (14 points, 6 comments)
    8. Pascalcoin can do 72,000 tps apparently. Is this legit? The new Nano? (8 points, 39 comments)
    9. How does Ripple's (XRB's) consensus algorithm Proof of Correctness work, are there any downsides? (3 points, 23 comments)
  12. 175 points, 1 submission: ilielezi
    1. Why white papers in crypto world are so unprofessional? (175 points, 88 comments)
  13. 165 points, 6 submissions: CryptoMaximalist
    1. Facebook's Libra (48 points, 55 comments)
    2. “Fake Stake” attacks on some Proof-of-Stake cryptocurrencies responsibly disclosed by researchers from the Decentralized Systems Lab at UIUC (31 points, 9 comments)
    3. Quantum Computing and the Cryptography in Crypto (27 points, 14 comments)
    4. PING and REJECT attacks on ZCash (Patch available) | Stanford Applied Crypto Group (22 points, 1 comment)
    5. Introduction to Cryptography: Part 1 - Jinglan Wang (19 points, 1 comment)
    6. New site howmanyconfs.com shows the amount of time and confirmations of Proof of Work coins to match 6 confirmations on Bitcoin (18 points, 11 comments)
  14. 163 points, 10 submissions: GainsLean
    1. Videos For Developers Who Want To Learn Blockchain In A Practical Way (36 points, 17 comments)
    2. What Do You Want To Learn? (32 points, 20 comments)
    3. Get Involved With The Smart Contract Coding Challenge (25 points, 4 comments)
    4. Solution To $10K Art Prize (25 points, 3 comments)
    5. Blockchain Course Outline Has Been Released - Feedback warranted (22 points, 12 comments)
    6. Introduction To Distributed Systems And Consensus Protocols (9 points, 2 comments)
    7. Are there any closed source crypto wallets? (4 points, 19 comments)
    8. Are there any successful proof of identity projects? (4 points, 8 comments)
    9. SPV Wallets Vs API Wallets (4 points, 1 comment)
    10. 12 Popular Consensus Algorithms - Explained (2 points, 0 comments)
  15. 163 points, 7 submissions: QRCollector
    1. Part 5. I'm writing a series about blockchain tech and possible future security risks. This is the fifth part of the series talking about an advanced vulnerability of BTC. (43 points, 43 comments)
    2. I'm writing a series about blockchain tech and possible future security risks. This is the third part of the series introducing Quantum resistant blockchains. (36 points, 4 comments)
    3. Part 4B. I’m writing a series about blockchain tech and possible future security risks. This is the fourth part of the series explaining the special quality of going quantum resistant from genesis block. (25 points, 21 comments)
    4. Part 6. (Last part) I'm writing a series about blockchain tech and possible future security risks. Failing shortcuts in an attempt to accomplish Quantum Resistance (24 points, 38 comments)
    5. I'm writing a series about blockchain tech and possible future security risks. This is the first part of the series introducing the basic concept of blockchain and what makes it reliable. (23 points, 10 comments)
    6. I'm writing a series about blockchain tech and possible future security risks. This is the fourth part of the series explaining the special quality of going quantum resistant from genesis block. (7 points, 1 comment)
    7. Part 2. I'm writing a series about blockchain tech and possible future security risks. This is the second part of the series: An accessible description of hashing and signature schemes. (5 points, 0 comments)
  16. 162 points, 3 submissions: FashionistaGuru
    1. How do we change the culture around cryptocurrency? (118 points, 54 comments)
    2. Which cryptos have the best new user experience? (30 points, 34 comments)
    3. Why does Apple prevent many crypto apps from entering the App Store? (14 points, 8 comments)
  17. 157 points, 7 submissions: SamsungGalaxyPlayer
    1. Breaking Monero Episodes 1-3: Introduction, Ring Signatures, 0-Decoy and Chain Reactions (45 points, 1 comment)
    2. "No, dPoW Isn't a Perfect Solution" (35 points, 48 comments)
    3. Breaking Mimblewimble’s Privacy Model - Dragonfly Research (27 points, 10 comments)
    4. Breaking Monero (and Zcash) Episodes 7-9: Remote Nodes, Timing Attacks, Poisoned Outputs (EAE Attack) (21 points, 2 comments)
    5. "Attacker Collection of IP Metadata" (18 points, 10 comments)
    6. "Tracing Transactions Across Cryptocurrency Ledgers" Using Shapeshift and Changelly (6 points, 4 comments)
    7. Breaking Monero Episodes 4-6: Chain Splits (Key Image Attack), Input Selection Algorithm, Unusual Ringsize (5 points, 2 comments)
  18. 147 points, 1 submission: shunsaitakahashi
    1. Proof-of-Approval: Stake Based, 1 Block Finality & History Attack Defense (147 points, 4 comments)
  19. 146 points, 6 submissions: themoderndayhercules
    1. "The selfish mining fallacy" explained and debunked (60 points, 8 comments)
    2. A Discussion of Stable coins and Decentralized Oracles (35 points, 8 comments)
    3. A Selfish Mining Double Spending attack Simulator (25 points, 2 comments)
    4. Why reputation systems don't work (15 points, 12 comments)
    5. A better incentivization for Swarm (6 points, 0 comments)
    6. When Mises met Szabo - A Discussion of the value of Bitcoin (5 points, 16 comments)
  20. 143 points, 7 submissions: KomodoWorld
    1. Komodo Platform's core developer and founder jl777 has started his own blog on Medium. The blog is aimed for senior developers who want to learn about blockchain. (46 points, 15 comments)
    2. Delayed Proof of Work (dPoW) security explained (36 points, 46 comments)
    3. Proof-of-Gameplay (19 points, 3 comments)
    4. Good guide for getting started with the Custom Consensus tech for Komodo-based blockchains (17 points, 0 comments)
    5. Cross-chain migration of coins with Crypto Conditions - by smk762 (12 points, 0 comments)
    6. A step-by-step example of working with a Crypto Conditions based Oracle - by smk762 (10 points, 0 comments)
    7. Changing consensus rules on the fly with Crypto Conditions (3 points, 0 comments)
  21. 141 points, 8 submissions: Stormy1997
    1. What technical/business advantages does a private blockchain have over a SQL server? (49 points, 79 comments)
    2. Is sharding to scale bad? (24 points, 28 comments)
    3. How would one create a fiat gateway theoretically? (19 points, 19 comments)
    4. Looking for Stellar smart contract/side chain code examples (16 points, 1 comment)
    5. Question - Securing personal information on a centralized server with user-owned keys (13 points, 3 comments)
    6. How do blockchains/smart contracts communicate with oracles? (10 points, 4 comments)
    7. Bandwidth scaling for TPS (8 points, 2 comments)
    8. Best method to transmit detailed data between two parties via existing platforms (2 points, 1 comment)
  22. 141 points, 3 submissions: seventyfiver
    1. Why does Ethereum use Solidity while other ecosystems like NEO stick with popular ones like Java and C#? (94 points, 26 comments)
    2. Chainlink's initial Go implementation went live this morning. Has anyone reviewed the code and can comment on it's quality? (40 points, 3 comments)
    3. What are some great books on cryptoeconomics or blockchain technology? (7 points, 4 comments)
  23. 134 points, 6 submissions: johnny_milkshakes
    1. Sub dedicated to DAG based coins (42 points, 8 comments)
    2. Thoughts on this? (28 points, 38 comments)
    3. This is very interesting (24 points, 19 comments)
    4. Educational presentation by Clara Shikhelman (18 points, 0 comments)
    5. Ethics question. (12 points, 40 comments)
    6. How to scale on chain? (10 points, 30 comments)
  24. 127 points, 4 submissions: sukitrebek
    1. What are you currently obsessed with, and why? (58 points, 150 comments)
    2. Crypto-based social network without a cryptocurrency. (42 points, 23 comments)
    3. How does underlying architecture affect what kinds of applications are possible? (17 points, 3 comments)
    4. Holochain vs. Radix DLT (10 points, 11 comments)
  25. 126 points, 1 submission: RufusTheFirefly
    1. Everytime I try to investigate the technology behind Cardano(Ada), I come across the words "scientific" and "peer-reviewed" over and over but almost no actual details. Can someone fill how this coin actually works and where they are in development? (126 points, 49 comments)
  26. 112 points, 1 submission: rocksolid77
    1. Can we have a real debate about the Bitcoin scaling issue? (112 points, 89 comments)
  27. 110 points, 4 submissions: kelluk
    1. What one can learn from browsing 30 million Ethereum addresses (72 points, 21 comments)
    2. I wanted to categorize all coins/tokens, and this is my proposal (23 points, 33 comments)
    3. Should whitepapers be understood by ordinary people? (10 points, 41 comments)
    4. Querying the Ethereum blockchain: how to & what to? (5 points, 5 comments)
  28. 107 points, 1 submission: NewDietTrend
    1. Outside of currency and voting, blockchain is awful and shouldnt be used. Can anyone explain where blockchain is worth the cost? (107 points, 166 comments)
  29. 105 points, 1 submission: insette
    1. /CryptoTech PSA: there are broadly TWO TYPES of Decentralized Exchanges. Which type are you investing in? (105 points, 55 comments)
  30. 103 points, 3 submissions: dtheme
    1. How to accept crypto payments for digital downloads if you are a small business? Solutions, e-commerce sites are lacking (46 points, 38 comments)
    2. How many 24 letter seeds and "Bitcoin" keys can there be? (34 points, 24 comments)
    3. Is there any reason why the big tech companies are not getting into crypto? (23 points, 36 comments)
  31. 103 points, 3 submissions: dvnielng
    1. Why do so many of these businesses need a token? (Unsure) (61 points, 86 comments)
    2. DAPPS - Only coins that have intrinsic value? Ethereum , Neo? (31 points, 10 comments)
    3. How could blockchain work for expensive purchases/escrow? (11 points, 2 comments)
  32. 101 points, 1 submission: kickso
    1. Is NANO everything it says it is? (101 points, 96 comments)
  33. 98 points, 3 submissions: heart_mind_body
    1. How can we breathe some life into this sub? (56 points, 22 comments)
    2. Can anyone give an example for a technology that provides a "public permissioned blockchain"? (28 points, 16 comments)
    3. Can we do a discussion on ICON and "clusters of private chains connected to a public chain" ? (14 points, 13 comments)
  34. 97 points, 8 submissions: kelraku
    1. Thoughts on Mimblewimble? (23 points, 13 comments)
    2. Has anyone looked at the lelantus protocol? (18 points, 6 comments)
    3. How much control do developers have over the coins (18 points, 6 comments)
    4. Lesser known protocols? (11 points, 17 comments)
    5. Zerocoin and Blockchain Analysis (9 points, 5 comments)
    6. Zerocoin vs Cryptonote (7 points, 14 comments)
    7. Lightning network privacy (6 points, 13 comments)
    8. Integrity of the DAG (5 points, 17 comments)
  35. 96 points, 6 submissions: blockstasy
    1. How to Get to One Million Devs (32 points, 12 comments)
    2. The Decade in Blockchain — 2010 to 2020 in Review (27 points, 4 comments)
    3. Ethereum by the Numbers – The Year of 2019 (26 points, 9 comments)
    4. Knowledge Drop: Mining and the role it plays with the Ethereum blockchain (5 points, 0 comments)
    5. A great article that explains Ethereum’s Muir Glacier Update (4 points, 0 comments)
    6. Youtube Silences Crypto Community (2 points, 6 comments)
  36. 93 points, 3 submissions: OneOverNever
    1. Which is the last WHITE PAPER you've read that's truly impacted you? (77 points, 81 comments)
    2. [CMV] Bitcoin's intrinsic technological value. (14 points, 29 comments)
    3. What are some weak points that still hold XVG back from becoming a top player in crypto? (Technically speaking, not marketing and etc.) (2 points, 19 comments)
  37. 93 points, 3 submissions: ryano-ark
    1. (ARK) ACES Completes Integration of ARK Channels for Two-way Transfers for Easy ICOs When Paired With ARK Deployer (Push-Button-Blockchains) (57 points, 5 comments)
    2. (ARK) ACES Releases Fast (Ansible) Deployments for all ACES Applications. (23 points, 4 comments)
    3. A Future of Cryptocurrencies and Blockchains (13 points, 3 comments)
  38. 92 points, 2 submissions: BobUltra
    1. Our blockchains are all centralized! (51 points, 34 comments)
    2. List of qualities needed to dethrone Bitcoin. (41 points, 43 comments)
  39. 90 points, 1 submission: refreshx2
    1. CMV: It doesn't make sense for (crypto)companies to create coins linked to their tech (90 points, 18 comments)
  40. 89 points, 1 submission: perceptron01
    1. What does Nano do better than Steem? (89 points, 55 comments)
  41. 87 points, 1 submission: Shuk
    1. How does one begin to develop an employable skill in blockchain development? (87 points, 25 comments)
  42. 87 points, 1 submission: conorohiggins
    1. I spent three weeks researching and writing a huge guide to stablecoins. Enjoy! (87 points, 36 comments)
  43. 86 points, 1 submission: Bacon_Hero
    1. ELI5: Why did it take so long for blockchain technology to be created? (86 points, 66 comments)
  44. 85 points, 3 submissions: theFoot58
    1. If crypto now is like 'the Internet' of the past, where are we? (65 points, 53 comments)
    2. If the Internet had its Genesis Block, what would it be? (14 points, 9 comments)
    3. Coin grouping - ruby and CryptoCompare API (6 points, 1 comment)
  45. 85 points, 1 submission: youngm2
    1. Which decentralised exchange has the most promise for 2018? (85 points, 89 comments)
  46. 84 points, 4 submissions: bLbGoldeN
    1. On Mass Adoption of Cryptocurrencies (28 points, 68 comments)
    2. Join the Bloom team for our first tech AMA tomorrow (Tuesday, March 13th) at 7 PM GMT! (23 points, 2 comments)
    3. Join the Decred team for an AMA - Friday, June 1st from 19:00 to 22:00 UTC (17 points, 10 comments)
    4. Join the district0x team for an AMA Monday, April 2nd at 5:00 PM (GMT) (16 points, 0 comments)
  47. 82 points, 2 submissions: SubsequentDownfall
    1. Has a 51% attack ever been witnessed? (45 points, 46 comments)
    2. Is a DAG coin like RaiBlocks able to be private like Monero? (37 points, 40 comments)
  48. 82 points, 2 submissions: guidre
    1. Tron and other source Code (42 points, 24 comments)
    2. Why Will companies adopt blockchain, the user interface is complex and i'm not sure that many companies want all their internal dealings made public. (40 points, 19 comments)
  49. 81 points, 4 submissions: solar128
    1. New Atomic Swap Tools Released (35 points, 4 comments)
    2. Using Blockchain to make a censorship-resistant Reddit (28 points, 14 comments)
    3. Best security practices for addressing Spectre & Meltdown (13 points, 0 comments)
    4. Influence of on-chain governance weighted by wealth - good or bad? (5 points, 2 comments)
  50. 81 points, 2 submissions: Blockchainsapiens
    1. Blockchain study finds 0.00% success rate and vendors don't call back when asked for evidence (47 points, 30 comments)
    2. The elephant in the room: would the public ever use a volatile currency over a stable currency? (34 points, 45 comments)
  51. 81 points, 1 submission: Mycryptopedia
    1. Understanding the Tech Behind RaiBlocks (81 points, 7 comments)
  52. 81 points, 1 submission: davidvanbeveren
    1. Article thoroughly analysing / comparing IOTA and RaiBlocks (x-post /CryptoCurrency) (81 points, 10 comments)
  53. 77 points, 4 submissions: DeleteMyOldAccount
    1. HD Wallets Explained: What they are, and how to make them coin agnostic (28 points, 11 comments)
    2. Bitcoin Cash May 15th fork (23 points, 22 comments)
    3. So you want to build a Bitcoin HD wallet? Part 1 (23 points, 3 comments)
    4. Applications of Blockchain in Supply Chain (3 points, 9 comments)
  54. 76 points, 3 submissions: kryptofinger
    1. Why would anyone bother using any DPOS coins for dapps like Eos over normal systems like AWS? (44 points, 104 comments)
    2. Could a state backed privacy coin work? (22 points, 32 comments)
    3. Thoughts on Elastos? (10 points, 8 comments)
  55. 76 points, 1 submission: francohab
    1. 55% of the Nano representative nodes are "official representatives", presumably held by developers. How big of an issue is that? (76 points, 46 comments)
  56. 75 points, 2 submissions: MerkleChainsaw
    1. The biggest challenge for cryptocurrencies and how to mitigate it (73 points, 37 comments)
    2. Short and long term design tradeoffs in crypto (2 points, 2 comments)
  57. 75 points, 1 submission: jatsignwork
    1. Raiblocks & Spam (75 points, 60 comments)
  58. 74 points, 1 submission: behindtext
    1. Hello, this is Jake Yocom-Piatt. Ask me anything about Decred! (74 points, 49 comments)
  59. 73 points, 2 submissions: TexasRadical83
    1. Why use a new "currency" at all? (40 points, 48 comments)
    2. Why are big price increases for crypto a good thing? (33 points, 41 comments)

Top Commenters

  1. Neophyte- (1649 points, 746 comments)
  2. ndha1995 (583 points, 98 comments)
  3. turtleflax (406 points, 116 comments)
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  15. rocksolid77 (190 points, 20 comments)
  16. bannercoin (189 points, 11 comments)
  17. insette (181 points, 47 comments)
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  20. behindtext (172 points, 14 comments)
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  28. KnifeOfPi2 (157 points, 13 comments)
  29. Edgegasm (156 points, 42 comments)
  30. ippond (152 points, 15 comments)
  31. dontlikecomputers (151 points, 61 comments)
  32. QRCollector (150 points, 46 comments)
  33. alexrecuenco (145 points, 18 comments)
  34. BobUltra (144 points, 88 comments)
  35. SpamCamel (135 points, 22 comments)
  36. InterdisciplinaryHum (133 points, 107 comments)
  37. theglitteringone (132 points, 10 comments)
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  39. PM_ME_UR_QUINES (125 points, 4 comments)
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  44. HOG_ZADDY (117 points, 23 comments)
  45. coranos2 (116 points, 44 comments)
  46. etherenvoy (116 points, 15 comments)
  47. johnny_milkshakes (115 points, 55 comments)
  48. galan77 (115 points, 52 comments)
  49. hybridsole (113 points, 40 comments)
  50. funciton (113 points, 8 comments)
  51. Mr0ldy (110 points, 24 comments)
  52. Corm (109 points, 42 comments)
  53. cryptoscopia (109 points, 7 comments)
  54. ReportFromHell (106 points, 39 comments)
  55. broscientologist (105 points, 26 comments)
  56. straytjacquet (104 points, 28 comments)
  57. Quadling (101 points, 24 comments)
  58. BlockEnthusiast (101 points, 17 comments)
  59. thats_not_montana (99 points, 37 comments)
  60. TheRealMotherOfOP (98 points, 27 comments)
  61. yarauuta (96 points, 11 comments)
  62. pegasuspect93 (96 points, 1 comment)
  63. andrew_bao (93 points, 40 comments)
  64. samdotla (93 points, 6 comments)
  65. melodious_punk (91 points, 34 comments)
  66. Mquantum (91 points, 31 comments)
  67. TJ_Hooker15 (91 points, 27 comments)
  68. NoFaptain99 (91 points, 3 comments)
  69. ilielezi (87 points, 10 comments)
  70. Raapop (87 points, 2 comments)
  71. Allways_Wrong (86 points, 36 comments)
  72. bLbGoldeN (86 points, 19 comments)
  73. ResIpsaLoquiturrr (86 points, 15 comments)
  74. kabelman93 (85 points, 29 comments)
  75. no_pants_gamer (84 points, 9 comments)
  76. AnkurTechracers (83 points, 16 comments)
  77. ric2b (83 points, 11 comments)
  78. Big_Goose (83 points, 10 comments)
  79. Lifeistooshor1 (82 points, 21 comments)
  80. vornth (82 points, 11 comments)
  81. Sargos (81 points, 25 comments)
  82. refreshx2 (81 points, 16 comments)
  83. Qwahzi (78 points, 27 comments)
  84. StupidRandomGuy (77 points, 35 comments)
  85. WikiTextBot (77 points, 24 comments)
  86. SnootyEuropean (77 points, 5 comments)
  87. cryptogainz (76 points, 14 comments)
  88. frequentlywrong (76 points, 4 comments)
  89. the_defiant (76 points, 4 comments)
  90. BrangdonJ (75 points, 28 comments)
  91. hendrik_v (75 points, 7 comments)
  92. solar128 (74 points, 18 comments)
  93. foobazzler (74 points, 8 comments)
  94. ginger_beer_m (73 points, 35 comments)
  95. kAhmij (73 points, 25 comments)
  96. DeleteMyOldAccount (73 points, 20 comments)
  97. sn0wr4in (73 points, 9 comments)
  98. Dyslectic_Sabreur (72 points, 5 comments)
  99. X7spyWqcRY (71 points, 8 comments)
  100. Krapser (70 points, 5 comments)

Top Submissions

  1. A Guided Reading of Bitcoin’s Original White Paper by Realness100 (202 points, 10 comments)
  2. From a technical standpoint: Why does every blockchain projects need their own coins? by HSPremier (181 points, 50 comments)
  3. Bitcoin Gold hit by Double Spend Attack (51% attack). The Attacker reversed 22 blocks. by rockyrainy (179 points, 102 comments)
  4. Why white papers in crypto world are so unprofessional? by ilielezi (175 points, 88 comments)
  5. My brief observation of most common Consensus Algorithms by tracyspacygo (159 points, 49 comments)
  6. Proof-of-Approval: Stake Based, 1 Block Finality & History Attack Defense by shunsaitakahashi (147 points, 4 comments)
  7. "Do you need a Blockchain?" - this paper is fantastic, everyone should read this before evaluating a coin and if requires a block chain to solve a solution the coin is promising to solve. by Neophyte- (136 points, 41 comments)
  8. Technical comparison of LIGHTNING vs TANGLE vs HASHGRAPH vs NANO by Qwahzi (133 points, 37 comments)
  9. Everytime I try to investigate the technology behind Cardano(Ada), I come across the words "scientific" and "peer-reviewed" over and over but almost no actual details. Can someone fill how this coin actually works and where they are in development? by RufusTheFirefly (126 points, 49 comments)
  10. How do we change the culture around cryptocurrency? by FashionistaGuru (118 points, 54 comments)

Top Comments

  1. 160 points: holomntn's comment in ELI5: Why did it take so long for blockchain technology to be created?
  2. 121 points: KnifeOfPi2's comment in How do we change the culture around cryptocurrency?
  3. 105 points: theglitteringone's comment in Outside of currency and voting, blockchain is awful and shouldnt be used. Can anyone explain where blockchain is worth the cost?
  4. 102 points: benthecarman's comment in If crypto now is like 'the Internet' of the past, where are we?
  5. 96 points: pegasuspect93's comment in If crypto now is like 'the Internet' of the past, where are we?
  6. 95 points: bannercoin's comment in Realistically, why would anybody expect the startup crypto platforms to beat out the corporate giants who are developing their own Blockchain as a Service (BaaS) solutions? Ex. IBM, SAP, JP Morgan...
  7. 83 points: AlexCoventry's comment in Ethereum private key with all zeroes leads to an account with 5000$ on it
  8. 82 points: deleted's comment in Is blockchain really useful ?
  9. 81 points: signos_de_admiracion's comment in Why white papers in crypto world are so unprofessional?
  10. 78 points: NoFaptain99's comment in Why do so many of these businesses need a token? (Unsure)
Generated with BBoe's Subreddit Stats
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The CryptoTechnology Subreddit Best Of 2018

Period: 363.52 days
Submissions Comments
Total 777 11954
Rate (per day) 2.14 32.72
Unique Redditors 500 2790
Combined Score 16917 39896

Top Submitters' Top Submissions

  1. 644 points, 23 submissions: Neophyte-
    1. "Do you need a Blockchain?" - this paper is fantastic, everyone should read this before evaluating a coin and if requires a block chain to solve a solution the coin is promising to solve. (140 points, 41 comments)
    2. Do any of you foresee a crypto being widely adopted as a general purpose payment coin? nano, btc, btccash etc (take your pick). I think it won't happen for reasons in this post. What do you think? (57 points, 54 comments)
    3. Noticed the huge rise of EOS lately what does it have over NEO and ethereum and to a lesser extent Cardano? I tried researching it, but wasn't sold. (55 points, 55 comments)
    4. I had a Q&A with Bruno head architect / CEO of oyster, thought you guys might like it. (42 points, 2 comments)
    5. Is launching a PoW permissionless blockchain still possible today? or would it be too susceptible to a 51% attack? (38 points, 37 comments)
    6. coinshuffle paper, a way to provide anonymity on btc without changing btc protocol, would like your guys input on this (38 points, 39 comments)
    7. What do you think the value of interblock chain coins have? ARK, ICON, Aion, and Wanchain (34 points, 10 comments)
    8. i see remittance as one of the biggest potentials out of cryptos. Ripple / stellar. but what about banks pooling resources togeather to create their own private block chain? they are doing this, its a threat to xrp/xlm. Its opaque, we dont know what they have achieved (31 points, 47 comments)
    9. protecting sensitive data in smart contract platforms (dApps) NEO, Eth, Enigma, DragonChain etc. what ways can data be protected? (25 points, 6 comments)
    10. Deep dive into Lightning network (27 concerns about UX and centralization) (23 points, 5 comments)
  2. 542 points, 15 submissions: crypto_ha
    1. Why is Ripple considered a cryptocurrency (by many)? (109 points, 63 comments)
    2. So reportedly there are serious vulnerabilities found in EOS’ code. And it seems like those are more than just random software bugs. (97 points, 29 comments)
    3. Guide: How to get started with Blockchain development? (61 points, 6 comments)
    4. A newly found vulnerability in Nano's Android wallet (47 points, 12 comments)
    5. What is the difference between Sidechain vs Child Chain vs Off Chain? (37 points, 12 comments)
    6. The history and state of Ethereum's Casper research - Vitalik Buterin (35 points, 4 comments)
    7. EOS mainnet is official live (finally), but... (34 points, 24 comments)
    8. How Wall Street’s embrace could undermine Bitcoin (31 points, 9 comments)
    9. Ethereum ERC 1497: DApp Dispute Evidence Standard (26 points, 0 comments)
    10. Pro-crypto Laws Could Be Bad For Innovation (18 points, 4 comments)
  3. 339 points, 15 submissions: ndha1995
    1. Why are there so many garbage posts the past 24 hours? (59 points, 10 comments)
    2. Google Unveils 72-Qubit Quantum Processor With Low Error Rates (48 points, 24 comments)
    3. IOTA's Network-Bound PoW consensus, is it feasible? (37 points, 13 comments)
    4. Vitalik Buterin Proposes a Consensus Algorithm That Requires Only 1% to Be Honest (31 points, 8 comments)
    5. The Challenges of Investigating Cryptocurrencies and Blockchain Related Crime (27 points, 6 comments)
    6. Deep dive into zk-STARKs with Vitalik Buterin's blog posts (26 points, 3 comments)
    7. Tether discussion thread (23 points, 21 comments)
    8. (ethresear.ch) On-chain scaling to potentially ~500 tx/sec through mass tx validation (20 points, 9 comments)
    9. Introduction to Non Fungible Tokens (NFTs) (20 points, 9 comments)
    10. The European Quantum Technologies Roadmap (Dec. 2017) (16 points, 15 comments)
  4. 316 points, 6 submissions: Qwahzi
    1. Technical comparison of LIGHTNING vs TANGLE vs HASHGRAPH vs NANO (132 points, 37 comments)
    2. Addressing Nano's weaknesses (bandwidth usage and disk IO). Nano voting traffic to be reduced by 99.9% by implementing vote by hash, lazy bootstrapping, and reduced vote rebroadcasting (x-post CryptoCurrency) (77 points, 8 comments)
    3. Emergent centralization due to economies of scale (PoW vs DPoS) – Colin LeMahieu (52 points, 37 comments)
    4. Nano community member developing a distributed "mining" service to pay people to do PoW for third-parties (e.g. exchanges, light wallet services, etc) (27 points, 20 comments)
    5. What do you think about OpenCAP, the cryptocurrency alias protocol that mirrors traditional email addresses? (15 points, 12 comments)
    6. Bitcoin would be a calamity, not an economy (13 points, 54 comments)
  5. 251 points, 4 submissions: rockyrainy
    1. Bitcoin Gold hit by Double Spend Attack (51% attack). The Attacker reversed 22 blocks. (176 points, 102 comments)
    2. ZK-starks white paper published (42 points, 16 comments)
    3. [Q] How does a network reach consensus on what time it is? (22 points, 17 comments)
    4. Stateless (no history) Cryptocurrency via snapshots? (11 points, 7 comments)
  6. 244 points, 3 submissions: HSPremier
    1. From a technical standpoint: Why does every blockchain projects need their own coins? (180 points, 50 comments)
    2. What is Reddit's obsession with REQ? (62 points, 44 comments)
    3. What is the technological difference between a privacy coin and a privacy coin platform? Won't a privacy coin platform be more superior than a privacy coin? (2 points, 3 comments)
  7. 202 points, 14 submissions: turtleflax
    1. Monero vs PIVX: The First Scheduled Privacy Coin Debate Thread on /CryptoCurrency (37 points, 12 comments)
    2. Introducing the Privacy Coin Matrix, a cross-team collaboration comparing 20 privacy coins in 100 categories (24 points, 27 comments)
    3. Do permissioned blockchains have any merits? (23 points, 23 comments)
    4. The State of Hashing Algorithms — The Why, The How, and The Future (20 points, 4 comments)
    5. How Zerocoin Works in 5 Minutes (19 points, 5 comments)
    6. Errors made by Satoshi (17 points, 8 comments)
    7. How Much Privacy is Enough? Threats, Scaling, and Trade-offs in Blockchain Privacy Protocols - Ian Miers (Cornell Tech, Zerocoin, Zerocash) (17 points, 4 comments)
    8. An Analysis of Three Decentralized Funding Systems for Crypto Projects (12 points, 1 comment)
    9. Are there blockchain related certifications that are worth anything? (12 points, 16 comments)
    10. The Zerocoin Light Node Protocol Whitepaper by PIVX Developer Matias "Furszy" Furszyfer, Which Brings Zerocoin Privacy to Light Wallets and Mobile for the First Time (11 points, 6 comments)
  8. 189 points, 4 submissions: tracyspacygo
    1. My brief observation of most common Consensus Algorithms (162 points, 49 comments)
    2. What are the main Trends/Challenges for Bitcoin and whole crytpocurrencies industry? (14 points, 34 comments)
    3. Guideline for Newbies: Trying out Bitcoin transactions with TESTNET (7 points, 1 comment)
    4. Most advanced Cryptocurrencies Comparison Table (6 points, 8 comments)
  9. 175 points, 1 submission: ilielezi
    1. Why white papers in crypto world are so unprofessional? (175 points, 89 comments)
  10. 164 points, 3 submissions: FashionistaGuru
    1. How do we change the culture around cryptocurrency? (117 points, 54 comments)
    2. Which cryptos have the best new user experience? (31 points, 35 comments)
    3. Why does Apple prevent many crypto apps from entering the App Store? (16 points, 9 comments)

Top Commenters

  1. Neophyte- (1229 points, 554 comments)
  2. ndha1995 (547 points, 93 comments)
  3. turtleflax (387 points, 107 comments)
  4. senzheng (335 points, 219 comments)
  5. mraindeer (334 points, 51 comments)
  6. manly_ (291 points, 44 comments)
  7. signos_de_admiracion (281 points, 21 comments)
  8. holomntn (274 points, 32 comments)
  9. benthecarman (261 points, 46 comments)
  10. GainsLean (222 points, 81 comments)

Top Submissions

  1. From a technical standpoint: Why does every blockchain projects need their own coins? by HSPremier (180 points, 50 comments)
  2. Bitcoin Gold hit by Double Spend Attack (51% attack). The Attacker reversed 22 blocks. by rockyrainy (176 points, 102 comments)
  3. Why white papers in crypto world are so unprofessional? by ilielezi (175 points, 89 comments)
  4. My brief observation of most common Consensus Algorithms by tracyspacygo (162 points, 49 comments)
  5. Proof-of-Approval: Stake Based, 1 Block Finality & History Attack Defense by shunsaitakahashi (149 points, 4 comments)
  6. "Do you need a Blockchain?" - this paper is fantastic, everyone should read this before evaluating a coin and if requires a block chain to solve a solution the coin is promising to solve. by Neophyte- (140 points, 41 comments)
  7. Technical comparison of LIGHTNING vs TANGLE vs HASHGRAPH vs NANO by Qwahzi (132 points, 37 comments)
  8. Everytime I try to investigate the technology behind Cardano(Ada), I come across the words "scientific" and "peer-reviewed" over and over but almost no actual details. Can someone fill how this coin actually works and where they are in development? by RufusTheFirefly (125 points, 50 comments)
  9. How do we change the culture around cryptocurrency? by FashionistaGuru (117 points, 54 comments)
  10. Why is Ripple considered a cryptocurrency (by many)? by crypto_ha (109 points, 63 comments)

Top Comments

  1. 157 points: holomntn's comment in ELI5: Why did it take so long for blockchain technology to be created?
  2. 118 points: KnifeOfPi2's comment in How do we change the culture around cryptocurrency?
  3. 104 points: theglitteringone's comment in Outside of currency and voting, blockchain is awful and shouldnt be used. Can anyone explain where blockchain is worth the cost?
  4. 103 points: benthecarman's comment in If crypto now is like 'the Internet' of the past, where are we?
  5. 97 points: pegasuspect93's comment in If crypto now is like 'the Internet' of the past, where are we?
  6. 94 points: bannercoin's comment in Realistically, why would anybody expect the startup crypto platforms to beat out the corporate giants who are developing their own Blockchain as a Service (BaaS) solutions? Ex. IBM, SAP, JP Morgan...
  7. 84 points: ep7i0CtZek's comment in Is blockchain really useful ?
  8. 83 points: AlexCoventry's comment in Ethereum private key with all zeroes leads to an account with 5000$ on it
  9. 81 points: signos_de_admiracion's comment in Why white papers in crypto world are so unprofessional?
  10. 79 points: ndha1995's comment in Which is the last WHITE PAPER you've read that's truly impacted you?
Generated with BBoe's Subreddit Stats (Donate)
submitted by turtleflax to CryptoTechnology [link] [comments]

IRC Log from Ravencoin Open Developer Meeting - Sept 7, 2018

Hi all
Greetings and salutations!
two is a good number for lips
sup
how do you dooski?
{|}
Jesse is not going to make it.
master
salut
so what is todays topic
Yes, who's moderating? Announcements, etc.
well i guess thats chatturgas job
but hes not here so idk
I'm a poor substitute for Jesse. I'm moderating today.
lol
Just FYI, there is a testnet5 with unique assets. Build from release_2.0.5 branch.
Are we able to connect to the testnet v5 seed nodes?
Yes. Testnet seed nodes are working now.
Yes. Testnet5 seed nodes are working now.
https://medium.com/@Tronblack/ravencoin-asset-issuance-cost-52b553c507cb
Medium
Ravencoin — Asset Issuance Cost – Tron Black – Medium
Let me start by thanking everybody in the community that has passionately contributed thoughts and ideas on the economics of asset…
looks like im compiling the binaries lol
I wrote a blog post about the pros/cons of the various burn options.
If anyone wants to weigh-in on their preference.
Because of the simplicity, I lean towards the first two options listed.
2.0.5 isn't going to be put on the webpage as an official binary release is that right?
Yes, that's right.
But, I'd encourage anyone to build it and run it on testnet5
i personally prefer the halvening option
@russkidooski With a particular floor?
yep
500->250->125
the best option isn't listed, POM
tl what's POM?
Proof of Market
ah
zaab is the author and just joined
Yes
Hi Boo and Zaab
Also "Prisoner Of her Majesty"
Sorry on vacation so not all in on this conversation but felt it was importsnt to join
Hey Zaab, welcome!
Hi all. Just observing. Hope no one minds.
Thanks for taking the time to write that article Zaab, it was very thought provoking.
Hi s&l
If anything, that was its main purpose
hello
I prepped some questions i had before i realized i could make it
great
1. Why was a burn deemed necessary at all? What is the purpose of it? 2. How/why was the number 500 chosen. Was an economic analysis ran? Or was an analyzis done on how many assests could be reasonably handled (thus needed an asset amount cap)
3. Tell me the truth, how likely are you to impliment any alternative idea. Are we wasting our time making our cases?
Shotgun!
being in favor becauseit is simplicity is not a plan for success; POM is fairly simple and will give a true market pricing
And i dont mean nust my own
Just*
any code contribution with ideas would be appreciated and tested.
That's a lot of questions.
Burning RVN helps the economics of the coin. Fewer circulating supply (more scarcity) the higher the value of the coin (assuming all else equal).
Also, there should be a cost to creating asset names in the namespace.
that is only half the economic formula
Burn is necessary because there must be a cost to consume the resources of the network.
hi bw
I didnt realize making the coin economical was one of the purposes of the coin
We could've recycled the RVN back through the miners (like fees), but the burn economics should help RVN price.
IMHO, all the well designed coins have a good economic model behind them.
Also sorry i would code it if i could but im not a programmer, if that invalidates my ideas so be it
It doesn't Zaab
recycle seems much more complex than POM
Because you tie good economics to a good mining base which is what ultimately is needed for security
It doesn't invalidate your ideas, but some of the complexities introduced with your ideas may not be feasible before Oct 1 (RC goal date).
simplicity/predictability is the guiderail here on burn vs recycle
This is deadline does not feel healthy
The ideas in POM, which I'll address in a minute also cause some issues.
launch deadline should not be more important than a successful launch design
agreed!
My preference is burn with diminishing price over time.
When creating an asset, all nodes must agree on the price, and if that changes each block (or frequently), there may be issues. The signed transaction may sit in the mempool waiting for confirmation and the "price" in RVN may change.
To me a burn has 2 purposes only. One prevent a spam attack and two for the transaction id of the burn to act as a signature of authenticity of an asset
Zaab I'll tell the truth -- we want the best solution, but for all parties including application developers. Project planners like being able to budget and whole numbers.
simple is better
fix the price daily based on an avg; could taht solve
we don't want the nightmare of eth gas
The authenticity isn't an issue, because there are other ways to handle it.
What ive proposed at its maximum only increases under 2 rvn per day. Thats well within planning limits
@twolips An average of what?
POM formula being based on an avg of max burn and daily burn numbers
@Zaab If I understood your paper correctly (not a given) then it seems like the cost went down as more assets were created. Is that the case, or did I misunderstand the chart.
that ius healthy
^^
at that point, the value of RVN will increase
As assets are created the remaining burnable rvn drops. Thus price drops
because of function not scarcity
As rvn are mined the remaining burnable rvn increases thus price increases
POM seemed to show higher burnrate, lower RVN cost (-10 RVN delta).
hi X_K
hi
You need to burn 3,600,000 rvn daily just to keep up with mining. POM will almost certainly cause price to increase
That seems backwards to me -- from an economic standpoint.
Just like crypto is deflationary, its backwarsa
Backwards
So if fewer people are creating assets, the price increases?
sdrawkcaB
Yep
blink
That seems counterintuitive to the project tho
How so
To me, price determines demand, not the other way around
Again -- that seems backwards. "Nobody is coming into our store, now we have to sell these sofas for a $1,000,000"
Thought the whole idea of rvn was asset creation
there are 2 aspects, cost of creation and value of RVN
But theres no maximim to sofas in the world you could always make more
both cause moves
Not the case with rvn
What do you all think about the 5-4-3-2-1 model?
If not many are being created, the cost of creation should be lower.
The value of RVN is closely tied to mining hash rate, but not correlated with number of asset names created.
you sell the for 1,000,000 but that is in Venezuelan bolívar
bad example
@boodog The purpose of RVN is assets. Not necessarily asset issuance.
As far as mempool blockage i envisioned something similar to mining difficulty calculation. Where it checks the previous assets created in comparison to the current one within a valid range
Tron_: thanks for clarification
I expect lots of assets to be created, but even better would be some really quality assets with real use cases and transactions on the nodes.
How many assets can the network currently handle?
More than the real world needs
More then 42million?
none compare to POM
As coded, 6000 per block for issuances.
But those issuances would squeeze out transactions.
Ok
@zabb that would mean that some transactions in the mempool would be valid and some wouldn't because they were created at different time.
42million is maximum not including sub assets or unqiue assets or reissuing
If we hit high loads, there are some scalability improvements we can make.
Ya that part of the idea isnt fully worked out but i dont know whats techicnally possible
True, as coded 42,000,000 root level assets is a max.
42MM is not accurate because as some point there is a breaking point where we price ourselves out of business
I meant if we had 42mil assets could the network support it
Lots more, sub-level assets. So a market could form under "COM" for example.
hi Skan
@twolips the question was how much can the network handle. not pricing
demand for the rare RVN will be expensive and competition will come in with a much better idea
Hi everybody
and 42MM was mention as max...not a true number
@Zaab It could issue them, but transaction volume has its limits at about 20x what Bitcoin does (sans Lightning).
Also again how did the number 500 come up? Did you do an econmic analysis or is it set based on max workload of the network
the breaking point is probably, at best, near half of that
if you haven't, you should all read zaab's proposal
options 5,4,3,2,1 can not be fairly comment ed on withot reading POM
Link please?
https://medium.com/@Zaab/ravencoin-proof-of-market-an-asset-issuance-cost-alternative-c5b6f9457acf
Medium
Ravencoin — Proof of Market: An Asset Issuance Cost Alternative
9/5/2018 — In response to “Ravencoin — Asset Issuance Cost” by Tron Black
Ty
Hitting the maximum number of asset is not nearly as worrisome nor pressing of an issue as the economic design , in my opinion
discord #burn-discussion as ongoing convo on this topic
Ive got to go, id like the 3 questions i posted earlier answered if possible. Ill be around if anyone has any questions.
POM would be more compelling if there was a (-) in there somewhere.
Depending on question 3 i will be willing to write 2 more papers
One attacking my own idea
When I foresee obstacles in the future for RVN having used the coin to it's maximum potential is very low on the list
One defending it
Bye!
Take care everyone! Thank you for all the hard work!
peace
Later Zaab
Thanks Zaab!
To hit maximum number of assets and not be able to issue anymore means that RVN worked to the highest extent
it's hard to model; it's hard to predict
but there will be no adoption if budgeting isn't easy for application developers
imo
eth gas is a nightmare
true
The NASDAQ has ~3,300 companies on it. For reference and understanding this means if the NASDAQ completely converts all its companies to RVN, the total RVN burned will be….. ~1,650,000 or roughly 22% of the total RVN mined daily (until halving). Therefore, the amount of RVN burned will unlikely have any effect on the value of RVN if the proposed system is allowed to pass.
not only market flux but the MATHS
We will never come anywhere near that if the economic design makes it unappealing to issue assets on RVN. A decay to the cost as a safeguard against having become too expensive against dollars or investment of resources to model is necessary. Making so we can issue more assets than our wildwst dreams is a much lower priority and doesn't even matter unless the rest is figured out
Resources to mine*
i stand by the halvening model with a minimum
simple and effective
what about all the other assets we want to be tokenized
The most attractive thing to big time players is security, which implies hashrate, which implies value, which implies adoption (buy pressure)..
vehicles, land deeds, gold bars....
I think halving should be a safeguard not a regular thing, so iirc the chain has ways of knowing how many assets are being issued. I say we only even trigger an upcoming happening if assets being issued grinds to a halt, indicating price issues
I'm on halvening too althought I like the 5-4-3-2-1 flavor
Otherwise whatever the burn fee is is working fine, no reason to just always half it without context
halving is a sharp cost adjustment...talk about bidgeting issues
DGW for asset? lol
POm smooths this out
@skan that would allow people to attack the network by now issuing assets. forcing a halving
no Skan it needs to be predictable to normals because planning/budgeting
not*
the worse thing we can do is design limitations into the project
As it stands it costs 18 cents to issue assets on ethereum. Say what you will about the quality or lack of features, it's still a factor that we are competing against. Obviously RVN is different because there are only so many unique asset names and it has more complex and easier to use features, so it should be more expensive. But we are already starting our nearly x100 before we even go live
twolips it's not an algorithm -- it needs to interact with buyers/users or it's worthless
Skan yeah and did you read that smart contract code?
You're getting into ???
we're UTXO
i know
i dont know algos, i know user
thats the perspective i come from
You don't have to, their browser automatically singles out the important variables for you to change
yeah user want's cheap/easy
and predictable
@Tron what is your preference?
Why is Roshii so quiet? ;)
I say we code in a burn fee halvening that only triggers itself if no assets or very few assets have been issued for an extended period of time
relaxing from a talking section
@skan again that allows the network to the attacked
In this order: 500 RVN -> 500 RVN with halvening and 125 floor -> 500 RVN with 20% drop from original price each halvening.
@skan That doesn't work
when does it half?
@Tron Thnx
skan; have you read POM, kinda does that
Every 2,100,000 blocks. Should be roughly 4 years.
I'm on (3) in tron's list but (1) is ok too
Interesting, how so?
you have to read it
POM is not that -- it would be that with a (-) somewhere..
@skan, user, or miners wouldn't accepts asset transaction into blocks. Which would trigger a halving.
What @CORbie means is that the economics of POM as written seem backwards.
@skan, I'm not saying that would happen. But it is an easy attack vector that we can avoid.
The best part about flat rate of 500 is that if it becomes an issues down the road when more variables are known, we can reevaluate changing to a cheaper model.
Why make asset name creation cheaper when lots of names are being created?
^^
i think we are redesigning an economic model, that is the beauty
sounds like a recipe for spamming the network
a spam recipe? sounds dubious.. :)
again there are 2 values; the cost of creation and the value of a RVN
Absolutely should get more expensive or stay flat with high demand, not cheaper.
the halvening model tron is talking about seems to be the simplest and most predictable
^^
There is an interesting case study with the fixed cost to create a proposal in Dash. It was 5 Dash. That was really cheap at the time (under $5). The same 5 Dash went to $8000.
yes Russ -- the thing the 5-4-3-2-1 adds is legibility/budgetability to app developers (I don't think that's a word)
They haven't changed it, but there were solutions that were built around it.
if a lot are being created, RVN is succeeding, demand increases, RVN cost per creation goes down as value increases...keeping it affordable for all that desire to tokenize assets
And, the value of a Dash proposal went way up when the masternodes were kicking out millions.
Halvening model is my preference
how are we going to vote this?
on discord?
halving on a time schedule will not give a true market value
RVN already has market value
@twolips, you are associating asset creation to rvn value increasing. It doesn't work that way. It is almost always difficulty -> value increasing
@russkidooski By writing and running code :)
frog; you seem to be speaking from a miners perspective
A vote would be interesting - not binding - but really interesting.
the devs have a preference and people will ultimately follow them
@twolips, i am speaking from the perspective that the only thing that holds value is being able to make sure that the value is secure.
the devs have a preference and people MAY follow them
the devs.. those guys..
Would be interesting but could cause community issues if not chosen by devs. I am for no voting. Write and run code.
it is a complex issue; votes should only occur after big discussion
BW agree
let's take an informal vote now
Votes are never needed.
here it is
i vote for pizza
type 1 for 500, 2 for half, 3 for 5-4-3-2-1, 4 for POM, 5 for other
go
3
which one is the 5-4-3-2-1?
i forgot
and this is why no cvote should occure
20% discount at each halving.
like half but -20% orig value
o yea i like that one
3
not famil with the plan
20% discount at each halving. 500->400->300->200->100
Unique asset issuance cost 5->4->3->2->1
russ, how well do you know POM?
Nice round numbers.
not crazy well
but enough
i need to read up on it more
POM seems backwards to me.
same
have you read the proposal?
@twolips Are you recommending POM with the economics as written, or the opposite economics?
this is all backwards
6 (-) POM
yes
well
i see 2 votes
no but it is a great starting point
you guys are so opinionated!
the variables need to be analysed
KISS 54321
ok! there's #3
any more informal non-binding votes?
Is 3 winning?
3 has 3
no other votes
the beauty is when the cost of creation goes down, say to .05 RVN, the value of RVN will be 1,000
VeronicaBOTLast Friday at 3:00 PM
exaggerated for demenstration
if cost goe to 1kRVN, the value willbe .05
^^
twolips. Are you saying that as more assets are created the price decreases?
brb
not the 'price', the cost of creation, yes
okay.
there needs to be a thorough analysis of POM
in the beginning of the #burn-discussion, there are some simple spread sheet examples
but with zaabs proposal it is backwards
how so
more assets being created > price for creation goes down
that is just asking the network to be spammed
So, that only works if the price of raven in the real world follows it. If not, the cost of creation will get lower, and people will start to be able to spam the network with assets.
^
This will make the nodes use more databasing and memory to run RVN.
This is bad ^^
and if a node isnt in sync you can get a lot of problems
this keeps the reation cost stable...great for customer acqusition
but it isnt technically feasable, we dont want the problems ethereum has
can that be cured with avging?
So because it is good for customer aqusition it is okay? Even if it is bad for the network?
daily, weekly,monthy? avgs to adjust cost of creation?
a opposed to what zaab said; each transaction, cost changes?
Lot's of talk but only 3 votes?
type 1 for 500, 2 for half, 3 for 5-4-3-2-1, 4 for POM, 5 for other
6 (-) POM
the POM seems to be a simple formula to be coded in (maybe naive)
i vote 3 if my vote counts, i feel like it has to be a set number, it would be easy to change if needed in future.
idk about network issues
@xiztak agreed
there's 4 for #3 with no other voes -- make it 5
X changing it in the future shows a centralized coin
how
who makes that decision
3 but I'm not for voting
community
and when
it's informal BW just taking temp
community is talkin about it now
and voting
for a set number
uninformed
outline for me vote 2?
haha
haha
2 is following the halvening of coinbase -- 500 250 125 to some floor
1 o 3
of course the 500 magic number is up for debate in 1,2,3..
I agree it would be good to know where 500 came from.
Meaning the thinking behind that exact number
i suggest nybody serious about the importance of this topic, to join the active convo
Maybe @Tron_ can tell a story but it's just (starting_block_reward/10) in my mind..
important to the success of all your hard work
twolips I don't know what that means -- you mean Discord or something?
as far as i know, that is the most active
or do you mean there are like 4 cats in here?
why people in Discord when we here? talk about shouting at clouds..
5000 per block so 500 per aseet creation so 10% of mined coins per block? maybe
^^
interesting
@twolips is there a floor that the cost of issuance would get to on POM?
if attacked it could be 0 or 1 then its game over
seems in the rough spreadsht examples
corbie; here once a week...startin 3 weeks ago
and it's been fun!
a lot more fun in discord
i'm hjere al week...tip ur waitresses
-_-
Is there anything more we are going to discuss?
maybe Xiz concept may fit into POM
need zaab to think about
Nothing on my agenda -- final informal vote seems to favor 5-4-3-2-1
no real support for POM (zorry zaab)
Thanks everyone!
wow, an uninformed vote...impressive
you vote?
what's your vote twolips I don't think I got it
this vote is informal, it means nothing really
^^
exactly
so you don't want to make an informal meaningless vote twolips?
i case u haven't noticed...team POM
ok!!
but (-) or no?
because as is it makes no sense as many of us have pointed out..
haha
many uninformed
..
4 cats i think u called them
I can read and do basic math..
that was just a reference to nobody being here..
write up a retort to zaabs propasal explainin (-); would love to seeit
I like the idea of using ratio of coinbase to burn to set market, just has it in wrong direction
And I'm a (3) guy so don't think we want market anyway..
POM is a self regulating federal reserve
revolutionary and RVN could intro it to the world
Thanks for the discussion everyone -- I'm signing off. Buy RVN!
hope you are all putting a lil more thought into this...could be make or break
@twolips. We are 100% putting lots of thought into this
@twolips This is something that is very important to RVN
i know...hence my passion
and I truely believe POM can be revolutionary
It could be, sure. There are lots of different good option though tbh.
bring thm up...lets out the community to work
a lot of eager minds
POM needs to be more thoroughly developed
we also need working prototypes
it started with fixed burn number and progressed
Can someone point me to a good readup on POM
bring in some thoughts
#burn-discussion on discord
i (vincent) invited you on rvntalk
We're done thank you
submitted by Chatturga to Ravencoin [link] [comments]

Quarkchain (QKC): High Capacity Transactional Blockchain

QuarkChain (QKC) is trying to solve one of the most pertinent issues that cryptocurrencies currently face, that of the blockchain trilemma.
The project has been gaining quite a bit of traction ever since their successful ICO earlier this year. People were intrigued by the promise 1m transactions per second built on a two-layered blockchain that will implement sharding.
However, are these just mere promises in another whitepaper?
In this QuarkChain review, we will take a deep dive into the project by analyzing not only at the proposed technology but also at the practicality of it. We will also look into the team members, adoption, roadmap, and long-term QKC token prospects.
With that being said, let’s jump right into the need for a QuarkChain like a solution.

What is QuarkChain?

QuarkChain is a decentralized blockchain that is also permission-less and secure, but most importantly it is scalable. The QuarkChain team has as one of its major goals to utilize sharding technology and deliver in excess of 1 million transactions per second.
It is looking to become the blockchain for high capacity throughput, delivering a solution that is secure and fast enough for widely used decentralized applications (dApps).
Scalability has been one of the biggest hurdles faced by blockchains in 2018, and QuarkChain was created specifically to resolve scalability issues faced by blockchains. This has become an urgent issue for the industry, and is one that the team feels simply cannot wait any longer.
They have embarked on providing a solution that may be different from those put forward previously, but could also be the one that actually works best. They’re not afraid of needing a hard fork if that’s what it takes to succeed.

QuarkChain’s Scalability

QuarkChain’s sharding technology will enable up to 1 million transactions per second. As a comparison, Bitcoin can only deliver 4 transactions per second, while Ethereum delivers 10 transactions per second. Even the Visa network is only capable of delivering 45,000 transactions per second.
If QuarkChain can meet the goal of 1 million transactions per second it will be by far the fastest network on the planet. This could see it overtaking Ethereum as dApp developers switch to QuarkChain to support increased usage.
Sharding is the primary reason that QuarkChain can deliver such a fast network, but since it is a blockchain it still brings decentralization and security. And the development team have experience at major tech companies, giving them the ability to create and deliver a large-scale distributed system. It also gives the team the knowledge needed to create scalability by extending their knowledge of centralized systems to the decentralized QuarkChain system.

QuarkChain Beyond High TPS

QuarkChain has pointed out that there are other projects that have transaction per second rates that are greater than the Visa 65k per second, but then go on to point out that TPS isn’t the only metric that needs to be considered in a network.
The QuarkChain team specifically mentions Alipay, which has reached 200,000 transactions per second, but has done so by sacrificing decentralization and security. QuarkChain is aiming for scalability that includes decentralization and security, making it a superior network, if the team is successful.

Why QuarkChain is Different

Besides its focus on fast throughput, there are other features of the QuarkChain network that make it different from other decentralized blockchain projects.
One of these features is the incentivization of weak miners to participate in the network without joining a mining pool. This incentive is based on game theory and works by giving miners an incentive for distributing hash power equally among the shards. This also increases decentralization.
Another way that decentralization is encouraged is through the use of multiple cheap nodes which are joined in a cluster to make a super-full node. By using cheap nodes in clusters to create super-full nodes, the project avoids the high expenses that super-full nodes are subject to in high transaction per second environments.
The network increases security by providing every transaction with the protection of 50% of the network hash power. By combining this protection with network decentralization it becomes nearly impossible for a bad actor to conduct a double-spending attack.
The structure of QuarkChain is reliant on two layers. The first layer consists of sharding blockchains, called shards, and the second layer is the root blockchain which is used to confirm shards blocks and provide security for the entire network.
QuarkChain has also built-in support for cross-shard transactions, and was built so that one account can be used for all the shards. It was also designed so that a single smart wallet is used to hold all the cryptocurrencies that can be associated with various shards.
The benefit of the cross-shard transactions is that they can be issued anytime, and can be confirmed within minutes. The cross-shard transaction throughput also increases linearly as the number of total shards increases, providing scalability.

How to get Involved with QuarkChain

QuarkChain has offered several ways for the community to get involved in the project. The testnet for the project was only launched in May 2018, but prior to the launch they actively recruited 100 volunteers from the community to act as beta testers. It also welcomes anyone with blockchain development experience and a strong technical background to get involved in the project.
On September 17, 2018 the team made their code open source on Github so that anyone can inspect it. Further, they are running a developers contest to see who can build a QuarkChain testnet by running their own nodes/clusters and achieve the greatest transactions per second utilizing a provided load test. The winner will receive 1 BTC, with additional prizes for places 2 through 10.
Currently, the peak testnet performance is 14,755.25 transactions per second.

QuarkChain Tokens (QKC)

QuarkChain tokens have the ticker symbol QKC and they are currently ERC-20 compatible tokens on the Ethereum blockchain. Once the QuarkChain mainnet is launched these will be converted to native tokens through a premine, and in the future miners will produce QKC tokens.
QuarkChain held their ICO in June 2018, raising $20 million at a token price of $0.0197. There was a total of 10 billion tokens created, with 20% allocated to the ICO sale. The rest of the tokens were allocated as follows: 15% to the development team, 5% to the project advisors, and 15% for the QuarkChain foundation.
The remaining 45% is to be allocated for marketing, mining and to the community. It’s already been noted by the QuarkChain team that mining is likely to create some inflation in the future.

Conclusion

2018 has seen a massive focus on scalability issues from across the blockchain ecosystem. While there are several other projects looking to solve the scalability problem, the QuarkChain sharding solution is on track to create a blockchain free of scalability issues.
If they accomplish this it would be a great breakthrough for blockchain technology, since many of the planned applications using blockchain technology are hampered by issues of scalability.
It’s true that the project is still very much in development, but they have made great progress, and have been hitting their projected completion dates with regularity. This leads to confidence in the team and the project, and if the mainnet launches before the end of 2018 this could become one of the most talked about blockchain projects in 2019.
submitted by cakmabokgot to eth [link] [comments]

Subreddit Stats: CryptoTechnology top posts from 2017-12-31 to 2018-12-29 19:53 PDT

Period: 363.52 days
Submissions Comments
Total 777 11954
Rate (per day) 2.14 32.72
Unique Redditors 500 2790
Combined Score 16917 39896

Top Submitters' Top Submissions

  1. 644 points, 23 submissions: Neophyte-
    1. "Do you need a Blockchain?" - this paper is fantastic, everyone should read this before evaluating a coin and if requires a block chain to solve a solution the coin is promising to solve. (140 points, 41 comments)
    2. Do any of you foresee a crypto being widely adopted as a general purpose payment coin? nano, btc, btccash etc (take your pick). I think it won't happen for reasons in this post. What do you think? (57 points, 54 comments)
    3. Noticed the huge rise of EOS lately what does it have over NEO and ethereum and to a lesser extent Cardano? I tried researching it, but wasn't sold. (55 points, 55 comments)
    4. I had a Q&A with Bruno head architect / CEO of oyster, thought you guys might like it. (42 points, 2 comments)
    5. Is launching a PoW permissionless blockchain still possible today? or would it be too susceptible to a 51% attack? (38 points, 37 comments)
    6. coinshuffle paper, a way to provide anonymity on btc without changing btc protocol, would like your guys input on this (38 points, 39 comments)
    7. What do you think the value of interblock chain coins have? ARK, ICON, Aion, and Wanchain (34 points, 10 comments)
    8. i see remittance as one of the biggest potentials out of cryptos. Ripple / stellar. but what about banks pooling resources togeather to create their own private block chain? they are doing this, its a threat to xrp/xlm. Its opaque, we dont know what they have achieved (31 points, 47 comments)
    9. protecting sensitive data in smart contract platforms (dApps) NEO, Eth, Enigma, DragonChain etc. what ways can data be protected? (25 points, 6 comments)
    10. Deep dive into Lightning network (27 concerns about UX and centralization) (23 points, 5 comments)
  2. 542 points, 15 submissions: crypto_ha
    1. Why is Ripple considered a cryptocurrency (by many)? (109 points, 63 comments)
    2. So reportedly there are serious vulnerabilities found in EOS’ code. And it seems like those are more than just random software bugs. (97 points, 29 comments)
    3. Guide: How to get started with Blockchain development? (61 points, 6 comments)
    4. A newly found vulnerability in Nano's Android wallet (47 points, 12 comments)
    5. What is the difference between Sidechain vs Child Chain vs Off Chain? (37 points, 12 comments)
    6. The history and state of Ethereum's Casper research - Vitalik Buterin (35 points, 4 comments)
    7. EOS mainnet is official live (finally), but... (34 points, 24 comments)
    8. How Wall Street’s embrace could undermine Bitcoin (31 points, 9 comments)
    9. Ethereum ERC 1497: DApp Dispute Evidence Standard (26 points, 0 comments)
    10. Pro-crypto Laws Could Be Bad For Innovation (18 points, 4 comments)
  3. 339 points, 15 submissions: ndha1995
    1. Why are there so many garbage posts the past 24 hours? (59 points, 10 comments)
    2. Google Unveils 72-Qubit Quantum Processor With Low Error Rates (48 points, 24 comments)
    3. IOTA's Network-Bound PoW consensus, is it feasible? (37 points, 13 comments)
    4. Vitalik Buterin Proposes a Consensus Algorithm That Requires Only 1% to Be Honest (31 points, 8 comments)
    5. The Challenges of Investigating Cryptocurrencies and Blockchain Related Crime (27 points, 6 comments)
    6. Deep dive into zk-STARKs with Vitalik Buterin's blog posts (26 points, 3 comments)
    7. Tether discussion thread (23 points, 21 comments)
    8. (ethresear.ch) On-chain scaling to potentially ~500 tx/sec through mass tx validation (20 points, 9 comments)
    9. Introduction to Non Fungible Tokens (NFTs) (20 points, 9 comments)
    10. The European Quantum Technologies Roadmap (Dec. 2017) (16 points, 15 comments)
  4. 316 points, 6 submissions: Qwahzi
    1. Technical comparison of LIGHTNING vs TANGLE vs HASHGRAPH vs NANO (132 points, 37 comments)
    2. Addressing Nano's weaknesses (bandwidth usage and disk IO). Nano voting traffic to be reduced by 99.9% by implementing vote by hash, lazy bootstrapping, and reduced vote rebroadcasting (x-post CryptoCurrency) (77 points, 8 comments)
    3. Emergent centralization due to economies of scale (PoW vs DPoS) – Colin LeMahieu (52 points, 37 comments)
    4. Nano community member developing a distributed "mining" service to pay people to do PoW for third-parties (e.g. exchanges, light wallet services, etc) (27 points, 20 comments)
    5. What do you think about OpenCAP, the cryptocurrency alias protocol that mirrors traditional email addresses? (15 points, 12 comments)
    6. Bitcoin would be a calamity, not an economy (13 points, 54 comments)
  5. 251 points, 4 submissions: rockyrainy
    1. Bitcoin Gold hit by Double Spend Attack (51% attack). The Attacker reversed 22 blocks. (176 points, 102 comments)
    2. ZK-starks white paper published (42 points, 16 comments)
    3. [Q] How does a network reach consensus on what time it is? (22 points, 17 comments)
    4. Stateless (no history) Cryptocurrency via snapshots? (11 points, 7 comments)
  6. 244 points, 3 submissions: HSPremier
    1. From a technical standpoint: Why does every blockchain projects need their own coins? (180 points, 50 comments)
    2. What is Reddit's obsession with REQ? (62 points, 44 comments)
    3. What is the technological difference between a privacy coin and a privacy coin platform? Won't a privacy coin platform be more superior than a privacy coin? (2 points, 3 comments)
  7. 202 points, 14 submissions: turtleflax
    1. Monero vs PIVX: The First Scheduled Privacy Coin Debate Thread on /CryptoCurrency (37 points, 12 comments)
    2. Introducing the Privacy Coin Matrix, a cross-team collaboration comparing 20 privacy coins in 100 categories (24 points, 27 comments)
    3. Do permissioned blockchains have any merits? (23 points, 23 comments)
    4. The State of Hashing Algorithms — The Why, The How, and The Future (20 points, 4 comments)
    5. How Zerocoin Works in 5 Minutes (19 points, 5 comments)
    6. Errors made by Satoshi (17 points, 8 comments)
    7. How Much Privacy is Enough? Threats, Scaling, and Trade-offs in Blockchain Privacy Protocols - Ian Miers (Cornell Tech, Zerocoin, Zerocash) (17 points, 4 comments)
    8. An Analysis of Three Decentralized Funding Systems for Crypto Projects (12 points, 1 comment)
    9. Are there blockchain related certifications that are worth anything? (12 points, 16 comments)
    10. The Zerocoin Light Node Protocol Whitepaper by PIVX Developer Matias "Furszy" Furszyfer, Which Brings Zerocoin Privacy to Light Wallets and Mobile for the First Time (11 points, 6 comments)
  8. 189 points, 4 submissions: tracyspacygo
    1. My brief observation of most common Consensus Algorithms (162 points, 49 comments)
    2. What are the main Trends/Challenges for Bitcoin and whole crytpocurrencies industry? (14 points, 34 comments)
    3. Guideline for Newbies: Trying out Bitcoin transactions with TESTNET (7 points, 1 comment)
    4. Most advanced Cryptocurrencies Comparison Table (6 points, 8 comments)
  9. 175 points, 1 submission: ilielezi
    1. Why white papers in crypto world are so unprofessional? (175 points, 89 comments)
  10. 164 points, 3 submissions: FashionistaGuru
    1. How do we change the culture around cryptocurrency? (117 points, 54 comments)
    2. Which cryptos have the best new user experience? (31 points, 35 comments)
    3. Why does Apple prevent many crypto apps from entering the App Store? (16 points, 9 comments)

Top Commenters

  1. Neophyte- (1229 points, 554 comments)
  2. ndha1995 (547 points, 93 comments)
  3. turtleflax (387 points, 107 comments)
  4. senzheng (335 points, 219 comments)
  5. mraindeer (334 points, 51 comments)
  6. manly_ (291 points, 44 comments)
  7. signos_de_admiracion (281 points, 21 comments)
  8. holomntn (274 points, 32 comments)
  9. benthecarman (261 points, 46 comments)
  10. GainsLean (222 points, 81 comments)

Top Submissions

  1. From a technical standpoint: Why does every blockchain projects need their own coins? by HSPremier (180 points, 50 comments)
  2. Bitcoin Gold hit by Double Spend Attack (51% attack). The Attacker reversed 22 blocks. by rockyrainy (176 points, 102 comments)
  3. Why white papers in crypto world are so unprofessional? by ilielezi (175 points, 89 comments)
  4. My brief observation of most common Consensus Algorithms by tracyspacygo (162 points, 49 comments)
  5. Proof-of-Approval: Stake Based, 1 Block Finality & History Attack Defense by shunsaitakahashi (149 points, 4 comments)
  6. "Do you need a Blockchain?" - this paper is fantastic, everyone should read this before evaluating a coin and if requires a block chain to solve a solution the coin is promising to solve. by Neophyte- (140 points, 41 comments)
  7. Technical comparison of LIGHTNING vs TANGLE vs HASHGRAPH vs NANO by Qwahzi (132 points, 37 comments)
  8. Everytime I try to investigate the technology behind Cardano(Ada), I come across the words "scientific" and "peer-reviewed" over and over but almost no actual details. Can someone fill how this coin actually works and where they are in development? by RufusTheFirefly (125 points, 50 comments)
  9. How do we change the culture around cryptocurrency? by FashionistaGuru (117 points, 54 comments)
  10. Why is Ripple considered a cryptocurrency (by many)? by crypto_ha (109 points, 63 comments)

Top Comments

  1. 157 points: holomntn's comment in ELI5: Why did it take so long for blockchain technology to be created?
  2. 118 points: KnifeOfPi2's comment in How do we change the culture around cryptocurrency?
  3. 104 points: theglitteringone's comment in Outside of currency and voting, blockchain is awful and shouldnt be used. Can anyone explain where blockchain is worth the cost?
  4. 103 points: benthecarman's comment in If crypto now is like 'the Internet' of the past, where are we?
  5. 97 points: pegasuspect93's comment in If crypto now is like 'the Internet' of the past, where are we?
  6. 94 points: bannercoin's comment in Realistically, why would anybody expect the startup crypto platforms to beat out the corporate giants who are developing their own Blockchain as a Service (BaaS) solutions? Ex. IBM, SAP, JP Morgan...
  7. 84 points: ep7i0CtZek's comment in Is blockchain really useful ?
  8. 83 points: AlexCoventry's comment in Ethereum private key with all zeroes leads to an account with 5000$ on it
  9. 81 points: signos_de_admiracion's comment in Why white papers in crypto world are so unprofessional?
  10. 79 points: ndha1995's comment in Which is the last WHITE PAPER you've read that's truly impacted you?
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

SWOT Analysis & Review of QuarkChain

QuarkChain — SWOT Analysis & Review

Overview

Quarkchain is a high throughput blockchain which aims to provide a decentralised, secure and scalable ecosystem through its 2 layered blockchain and elastic sharding principle.The incentive structure unlike other blockchains will be determined by collaborative mining and account management on shards will be made easy by a smart wallet ecosystem.

Comparison and Evolution

The current and past generation of blockchains viz Ethereum and Blockchain provide a decentralized and secure system but are not scalable enough to handle large volume of transactions.Bitcoin carries out 1–3 transactions per second(tps) whereas ethereum carries out 20 tps. On the other hand centralised institutions like VISA can carry 56000 tps. Clearly, if blockchain is to disrupt the existing centralized financial systems than they must be scalable enough to handle high volume of transactions.The applications of blockchain is not limited to financial sector but also in Big Data and AI. Hence, this warrants the need of a blockchain which processes transaction at a much higher rate.QuarkChain proposes to overcome the scalability issue by adopting the principle of elastics sharding and achieve transactions greater than 1 million TPS. It will use Ethereum Virtual Machine for providing a smart contract language platform. This would also enable existing applications on Ethereum to use QuarkChain’s ecosystem.

Features

1. QuarkChain will provide a 2 layered blockchain system viz, rootchain and shards. Shards are group of nodes that carry out a small subset of all the proposed transactions at any given time. So as the number of shards increases the system will be capable of performing more transactions. The root chain will confirm the transactions proposed by every shard.The total hashpower in the system will be distributed between the rootchain and shards. At any given time more than 50% of the hash power will be alloted to the rootchain. In order to carry out a double spend attack the hashpower required will be 50%*50% = 25% of the total hashpower.
  1. PoW consensus algorithm will be used for validating transactions similar to Ethereum and Bitcoin.The incentives for each node will be determined using collaborative mining. This will ensure that weak miners get fair share of rewards in a timely manner unlike traditional systems where a weak miner is forced to join a mining pool to get rewards in a timely manner.
  2. There are no masternodes but a group of nodes can form a cluster which will be termed as super nodes.These supernodes will avoid the need for the huge hardware and bandwidth requirements if each node were to act as a super node. Also, each node will not have to validate all the transactions unlike ethereum or bitcoin but a subset of chains.
  3. A smart wallet interface will be provided to mange wallet addresses, since sharding requires the creation of multiple addresses.In shard and cross shard transactions can be carried out swiftly form few seconds to few minutes. and the smart wallet will manage funds transfer between the addresses of same user at the backend.
  4. Onchain and Offchain transactions can also be carried out.Network will support smart contract via EVM.
  5. Mobile applications can also be hosted. Live testing of apps can be done on mainnet and the feedback loop system will ensure that testing and modifications can be made swiftly.

SWOT Analysis

Strengths
1.Achieved a speed of 2000 tps on closed testnet.
  1. Strong team with devs/techs having past work experiences from Google and Facebook and academicians from top tier universities.
  2. Use of EVM and Solidity will enable existing Ethereum dApps to be hosted on QuarkChain network
Weakness
  1. No partnerships announced yet
  2. According to the development roadmap ,no projects will be announced till a high testnet speed(10,000 tps) is achieved
Opportunities1. Scalability is an issue that is being tackled with by proposing solutions like state channel networks(Raiden and Trinity) or technologies like sharding.
  1. The only new project based on sharding is Zilliqa but it will not support existing dapps on ethereum because it is proposing a new smart contract language Scilla. If ethereum does not achieves scalability through casper than we may observe a migration of these dapps to quarkchain.
Threats
  1. Ethereum (Casper Protocol)- Ethereum has developed Casper Protocol which will implement sharding and is claiming to be functional by the next quarter
  2. Zilliqa- Zilliqa has also achieved 2500 tps on testnet(already released) and planning to launch mainnet by the next quarter.

Team

QiZhou(Founder) - ex Google ,15+ years development experience,PhD-Georgia Institute of Technology
ZhaoGuang Wang(Senior Software Engineer)-ex-Facebook and Google, 6 years experience,MS in CS -University of Michigan.
Xiaoli Ma (Research Scientist)-Full Professor at Georgia Tech,IEEE Fellow
Yaodong Yang (Research Scientist)-Professor at Xianjiao Tong University.,Partner of Demo++,PhD-Virginia Tech
Wencen Wu (Research Scientist)-Assistant Professor at RPI,PhD-Georgia Institute of Technology

Token

Total Supply — 10 bn ICO — 20% (20 million to be raised) Incentives,Rewards,Marketing — 45% Team — 15% Founders — 15% Advisors — 5%
Team, Founders and Advisors will have a vesting period of 2 years

Conclusion

This project possesses a solid team with relevant experience, well defined objectives, low hardcap and has generated a lot of hype.The platform will see huge adoption even if they replicate the achieved tps on mainnet. A low hardcap and huge hype will ensure good RoI for investors since 80% has been raised from private sale and only 20% is available for crowdsale and hence there will be a lot of unmet demand.Closest competitor(project wise) is Zilliqa and has a market cap of 1.3 billion USD after 3 months of testnet release.Investment for short term or long term will be beneficial.
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BITCOIN PREIS & DIE HASH RATE SINKEN - WARUM DU DENNOCH INVESTIEREN SOLLTEST

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