Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
LucyLovesCrypto
on 10/11/2015, 02:37:36 UTC
Sometimes it's good to just start fresh, I've made four separate discoveries so far  Grin.

I'm sorry, but I've got to agree with the trolls here: Posts like this one contain no useful information and only create the impression that the dev is trying to pump their own coin. So if you're unwilling to share anything of substance, it might be better not to post on the development progress at all.

Did I mention that I hate those teaser-based marketing strategies?

I was waiting for someone to ask what I discovered... Basically, something called masternode input age based quorum layering. Quorums are created using the age of the masternodes, 25% of the quorums are more than 1.5 years old, the next 25% is more than 1 year old, the next 25% is more than 6 months old, then the final 25% is any masternode that is newer than that. It guarantees, you can't control a quorum by just buying coins from an exchange to make new masternodes, there will always be masternodes that are really, really old.

That will create a market for Master Nodes.
Maybe instead of using quorums using all 25% of the nodes from the same date range, use an even distribution of nodes from each date range. That would eliminate any specific value to old or new nodes.


Problem is, it unnecessarily involves far more nodes than needed to be secure, and reduces the number of simultaneous "groups" or quorums that can operate at once, thus how many transactions the system can handle.  But you take 1 or 2 from each range of dates (I assume 1/4 of the number of masternode that were started earliest, next earliest, next earliest and latest) and you have a double system that one really couldn't game.  You'd be able to reduce the quorum to 4 instead of 10 and easily be just as secure.  

The idea is that the masternodes will be bunched up in little committees for each transaction.  They may do dozens of transactions each - every block (maybe hundreds, I don't know?)  They have other things to do, so Evan's calculations were based on 1/2 of their time being spent locking transactions.  Anyway we could already, with 3300 masternodes, handle the number of transactions Visa, handles in a day.  And it's far more secure, even than mining because there is no 51% or less attack vector and virtually impossible to attack.

Evolution is going to be amazing.  Truely world wide use ready.  We're going to have to hit the marketing hard when it's finished!
And going for a #2.

Not a full 25% of nodes need to be in a quorum.  I am sure Evan knows the number...maybe 8-12 or something.  Key is that some are new and some are old.

Keep in mind that Evan does what is best for Evan not Xcoin Darkcoin or Dash. Even when his actions are diametrically opposed to the best interest of the community, he will choose to enrich himself at every turn. All the proof you need is in the few hours before and few days after the launch of this coin. However that was not enough! In addition to the instamine he cancelled the airdrop and lowered the coinsupply (increasing his % of ownership). Once masternodes came along he began his new strategy of raising taxes on the miners (in the form of masternode payments) for the benefit of the instaminers.

What will he do next? Reread the last paragraph is you have any question about the loyalties of Evan.