Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ▼ DarkPayCoin | MN+PoS | DAO | Zerocoin
by
DarkPayCoin
on 29/08/2018, 15:13:18 UTC


Dear Sir,
I would like to reserve Vietnamese translation
My Portfolio: https://drive.google.com/open?id=12ycIWnAOvlUI6s0rtCFZgDO1XEEINRbb

Regards


got it !

russian translation reserved

great !

I think it will be useful for the thread if we can get some basic info about PoS V3, it's advantages and special features explained in layman terms, most of us just know about PoS, but never actually know there is such things as PoS V3 Smiley

You're right! In "layman terms" : better PoS, more secure.

Quote
PoSv3 - PoSv3 is really more of an incremental improvement over PoSv2. In PoSv2 the stake modifier also included the previous block time. This was removed to prevent a "short-range" attack where it was possible to iteratively mine an alternative blockchain by iterating through previous block times. PoSv2 used block and transaction times to determine the age of a UTXO; this is not the same as coin age, but rather is the "minimum confirmations required" before a UTXO can be used for staking. This was changed to a much simpler mechanism where the age of a UTXO is determined by it's depth in the blockchain. This thus doesn't incentivize inaccurate timestamps to be used on the blockchain, and is also more immune to "timewarp" attacks. PoSv3 also added support for OP_RETURN coinstake transactions which allows for a vout to contain the public key for signing the block without requiring a full pay-to-pubkey script.

http://earlz.net/view/2017/07/27/1904/the-missing-explanation-of-proof-of-stake-version