Post
Topic
Board Announcements (Altcoins)
Re: [ANN+IPO]Storagecoin-A Nxt Parallel chain Based Proof-of-Storage Cryptocurrency
by
Taek
on 01/05/2014, 04:51:41 UTC
Maybe, you can outline the following issues:

1) What is the purpose of the blockchain tree?

2) What is the root supposed to be?

3) Why focusing on the hosts for providing storage?

+1, would like to hear from Dev on this one.


Maybe, I expressed myself not well enough. Let me clarify.

1) I see, that trees could help here. Why exactly this type of tree? There are many other types of tree(-like) structure?

2.0) Node = Blockchain?
2.1) So, StorageCoin will not only use 1 parallel Nxt blockchain but many?
2.2) Each child node needs to implement the master/slave protocol?
2.3) How deep will that tree structure supposed to be? Will is build up dynamically?

3) Err, wait. Account != Node. Node = physical device; Account = virtual entity. What is a host? I cannot be both.

3.

So, Sia is broken up into hosts (now called 'participants') and accounts, or 'wallets'. Participants provide storage and participate in the quorums that compose the blocktree. (eh sorry for all the vocabulary). They also manage transactions. Wallets are clients that upload files to the network and pay for the files. I have no idea what this guy was saying.

We should continue this discussion in the Sia thread.


Updated storagecoin on bitbucket

That's my code. See the github page from above post. Well, it's mostly my code. Not sure what nonsense he's added to it.

are you kidding?a hand-draw plan?

I don't know how to use graphical tools, and was eager to release something. Those are my drawings, and yeah I penned them onto a notebook and took a photo with my phone. Hopefully have something cleaner in the future.


Yeah it's golang. They have some great support for production level scaling and testing. Initially I was opposed to the idea (I usually use C) but I think golang was the right choice for the project.

=================

Alright I think that covers most everything. Completely new here, not really sure where to post next. I guess in the same sub-forum? anyway, working on a post. Thanks for all the support and expect to hear more soon.