Post
Topic
Board Altcoin Discussion
Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin?
by
TPTB_need_war
on 14/12/2015, 07:22:59 UTC
Also I had mentioned that to defeat the 49-99% game theory attacks on the predetermined entropy (coming from chain history) of the quorums (very similar to Dash Evolution's quorums except as I previously noted I believe Evolution has design flaws), the nominations are not changed until every verification node has been the designated node for at least one block. This makes it sure that even if a payer's transactiont is rejected by all quorums (the quorum for a UTXO will change every block or after every N blocks) due to the attacker controlling 49 - 99% of the verification nodes, then the payer can alternatively (the designed node for each block is an optional choice for the payee) still get his friendly verification node to be designated (by waiting for the round-robin) so he can push his transaction onto the block chain in a permissionless paradigm even against a 99% PoW attacker! Amazing! I proud of that aspect of the design. And without incurring the flaws and downsides of PoS.

Note to self to look into the prior research on quorums, which is necessary for citing prior art in a white paper.

Also in my design verification nodes do "secure timestamping" and remembering that I pointed out long ago to smooth that he was correct to point out that for double-spend protection relative order is important, not absolute time (from my up thread discussion with monsterer we see that absolute time windows are insecure because spacetime is relative to the shared units of measurement, which in our case are relative order of block announcements and transaction confirmations).

Here is the post from smooth (sorry I can't quote it because the thread is locked) and I followed up confirming he was stating an important feature of my design.