Quote from: node.js on January 28, 2016, 08:05:52 PM

Quote from: craslovell on January 28, 2016, 07:18:10 PM

Quote from: edoncoin on January 28, 2016, 07:15:21 PM

Quote from: kwest on December 30, 2015, 02:50:34 PM

Keeping my eyes on this one for sure. I plan to invest in the ICO if nothing changes my mind.
Are you in talks with any specific exchanges at this point?

At this particular moment we are in talks with 2 exchanges. But we must first a reaction from the community. If people are interested in this project, it will motivate us to continue its development.

+1 for interest here. As for PoL, couldn't one game the system by simply setting up a ton of nodes? (i didn't get a chance to read over everything so not sure if this was addressed yet)

We've taken this situation into consideration. It is typical for a person to desire monopoly over any kind of resource, so we set in place specific rules that will make the network expansion accommodate to its needs. One of those rules is to have a minimum balance for forging. This will demotivate rapid expansion of nodes at the beginning. As we progress and the transactional volume increases more nodes will be added to the network, via fluctuations in funds. Idilly we would like to have and stable transactional volume and node increase at the same time. This is a scenario that can happen only at the beginning. But we have looked at ways to combat issues of gaming the line by limiting the amount of forging nodes at the same time. You might think of this as the same way Bitcoin acts with the difficulty rate, The more Hash power is available the harder the difficulty. We can proceed in the same manner only using a variable to determine the optimal forging line. Either way this is not a concern for the network itself, as there will be a line of people desiring to forge either way, and the more nodes are in the network the wider, faster, and more secure it becomes.

Just in case i got you confused, there will be a document explaining how this works, in the near future!

What time release