HI GATRA!


I agree, and am/will-be trying to deter Ohad from going dpos over the course of our irc discussions.  I'm personally not as concerned with the "drawbacks of POS" (particularly in this case) as I am with the "adding centralization" but I understand that both concerns are quite valid.


Possibly, but it is likely that the system will be self-balancing such that the arbitrage smiles are very rare and short lived.  If a publisher could profitably mine with some providers' resource then rationally that provider would pull that resource from the network and instead apply it to the same mining process themselves for even greater profit - as they will not need to be paying some provider's fee on top.  In fact, this briefly came up in discussion just yesterday, after someone out there (and "out there", heh) mistakenly inferred that people might rent resource to mine bitcoins - in something of a decentralized cloud mining style - which is ofc highly irrational.


No, the micropayments will be on-chain!  Precisely the reason that this system uses zencoin instead of bitcoin or othercoin is because it will require a chain specifically oriented toward facilitating continual micro-payments for accounted resource.

This was one of the most difficult points for Ohad to get across to me, but since he has I now agree with him... the particular nature of this coin/network likely makes it of lesser utility for general purpose use.  I'm sure it will still see general purpose use, especially for things like services/add-ons related to zennet itself but the architecture is being assembled explicitly without this being a design goal, unlike most coins.