Does anyone have a brief summary of Igmacas idea(s), for the slow among us?
hes suggesting an idea but I cannot tell how he intends the network to enforce it
From what I can tell, there are two ideas in here:
* Proposal for a "share fee group" where accounts can group together (without central pooling) where any account that forges a block will share fees with group.
* Proposal to skim some percentage off of assets traded on AE as another fee.
My remarks on the matter are that we must wait and see fully implemented Transparent Forging before suggesting any radical changes to the core network function. I would expect smaller servers to be penalized by 100% TF for subpar performance -- "win or die". See these comments:
Let me to interrupt u guys.
One of the next steps to 100% Transparent Forging will include changes that will lead to "grouping" of forging accounts. The main purpose is to make it impossible to predict who will forge the next block. If Alice, Bob, Charlie and Dan r next candidates to forge a block, then Alice, Bob or Charlie can do it, no matter if Alice would forge the block 5 seconds earlier than Bob or Charlie. The gap between blocks will be exactly 60 seconds and timestamp will be used only to determine an order of events. No sense to wait 93 seconds for the next block if we already know who would forge it. This is what I call "time warp". If Bob's block wins the race then Alice and Charlie will be penalized for 1440 blocks.
Why is Charlie being punished? I assume the order of events is Alice -> Bob -> Charlie, so it makes sense Alice should be punished if she withholds her block and Bob ends up generating the block, but why Charlie?
Coz Charlie wasn't the winner in this race. Win or die, no half-measures.
PS: This is an example of dynamical equilibrium that heavily exploited in Nxt concept.
exact that's the idea.