Post
Topic
Board Altcoin Discussion
Re: Tezos: A Self-Amending Crypto-Ledger
by
forkedchain
on 28/08/2017, 01:33:56 UTC
what information is it you believe is missing?  did you read the section on POS/baking/staking/bond/ etc?  not sure what really you expect here, im not inventing a new crypto or ecosystem, im fitting in a service into a new one, and if you cannot make heads nor tails of the diagram or my definitions, then not sure what to tell you.  do you think i should release source code of my accounting subsystem or UML or what???

sorry to disappoint.  you'll definitely want to bond your own however, or your stash will lose value.
no worries, mate, I didn't tell your idea isn't viable, it might be legit. You've just stated "See website https://www.tezzigator.com for more info and whitepaper" but I visited https://www.tezzigator.com and couldn't find any. Please show me the whitepaper.
I couldn't find a white paper either, just the below text which is far from a white paper.
"Architecture: There will be resilient/redundant baking nodes in two different continents, in an Active/Standby mode, each communicating with each other via a proprietary high-availability protocol. There will be full SSL communications, and CloudFlare will also be implemented."

People looking to invest, proceed with caution, do some due diligence.

Right, well there isn't much to it right. Not sure it's worthy of a whitepaper. You just delegate your stake to these services and they maintain a node for you to do the staking. They don't actually keep your tokens or anything.
thanks, yes this is exactly right - theres nothing to invest, i dont get your tezos, i just do the tezos mining for you, using the mining power of the tezos you hold and continue to hold.  you can make gains by either delegation to someone or bake tezos (mine tezos) yourself.  or you can lose value by doing neither of those 2.

and yes, not really worthy of a whitepaper, thats just the term used here.  I simply want to describe what I will be building.  Im a network engineer by trade, this kind of thing is what I do.