Post
Topic
Board Altcoin Discussion
Re: [EMUNIE] One small step for transactions, one giant leap for crypto
by
r0ach
on 03/09/2015, 00:40:49 UTC
this means that 45% of all new emu created will be given as interest to all account holders based on their portion of the total currency available

Getting a non-deterministic number and set of nodes that can expand or contract the money supply at will without forking or having enormous security risks doesn't sound possible.  Bitshares, which is overly complex compared to most cryptos, is simpler than this and forks around 5-10 per day.  I guess this is the benefit of the ledger system not using blocks?  Everything is kept at millisecond interval delay from each other?  It doesn't sound very "anti-fragile" though.  Isn't this kind of setup way more vulnerable to attacks by state actors?  What do you do if the state decides to disconnect the network from other parts of the network for extended periods of time?

Relying on a steady state network and not having fork resolution being the backbone of the system itself seems like it creates major problems in this area.