Re: the masternode discussion on page 6 of this thread, the fundamental problem with masternodes is they are not dumb intermediaries (i.e. as in the end-to-end principle that guides the design of internet protocols) and thus they can violate expected behavior. And example is their use in 0-conf transactions:
https://www.scribd.com/fullscreen/241012134http://vanillacoin.net/papers/zerotime.pdfWhile we appreciate the
InstantX[3] technology it suffers several major weaknesses in that it is a
centralized 3rd party approach vulnerable to collusion attacks, uses a 1st
generation approach to P2P network routing that yields both a limited horizon and
overall limited scalability
I have been designing a 0-conf, fully scalable consensus network that doesn't have the flaws of VNL's zerotime nor the masternode problem. One of the key epiphanies was making nodes dumb intermediaries where it is impossible for them to cheat.
ping me when you get that coded up and working.