Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Moderated Thread - Open Alpha Has Launched[Updates & Discussion]
by
Coinsy
on 30/06/2014, 23:24:51 UTC
it's not about HOW MANY transfers you make, but WHO are you making the transfers with, and WHAT are the amounts.

I'd like to know more, what is WHO and WHAT Smiley Or it is a secret for a while?

answer is sort of recursive, you need to make transactions with other important entities Smiley

to counter upcoming question:
"what if you would have 5 accounts that would send nems between them to boost their poi?"

it won't be possible to artificially boost PoI like that, due to vested balance and one other mechanism (that we'll keep secret for a while).

So let's assume we have 10 attackers, who would like to boost their score by sending txes to themselves.
The thing is they would actually lower it. And since PoI is sort of constant for network as a whole,
attackers would additionally boost a little PoI of everyone else Smiley

This is actually absolutely genius. I'm a little biased as a stakeholder, but this could end up being the greatest technology in the history of Crypto. eMunie, PoS, even Peercoin had some unique elements to it but none of them focused on the growth of the network in the way that NEM is trying to do.