Re: [ANN] ZOLD, an experimental non-Blockchain cryptocurrency for fast micropayments
As I understand,this is just a copy idea of IOTA.
plz correct me.
plz correct me.
Well, it's not a copy of IOTA. Not even close
Have you had a chance to read the white paper?
Some questions:
How to calculate the scores of Nodes for priority when they can be in and out of network randomly?
How to protect Double spending?
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The receiver of the money must be careful and always do the full fetch (from as many nodes as possible) in order to guarantee safety of transactions.
---How? and which results should the receiver believe when fetched two or more different balances?How to protect 51% attack?
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This may happen, but a fetching node may always re-validate the entire wallet, by checking RSA signatures of all transactions. This will take some time, but will provide an extra guarantee to the client.
--let's say more than 1000 nodes,what's the time needed and how to check?How to protect DDOS attack?