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Showing 20 of 2,494 results by MickGhee
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Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/10/2024, 03:31:40 UTC
Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 29/09/2024, 17:54:49 UTC
Overview of the Proposed Blockchain System
Key Components
Multi-Signature Scheme:

The blockchain system utilizes a Boneh-Lynn-Shacham (BLS) multi-signature scheme, enhancing security and mitigating replay attacks by linking each transaction to previous signatures.
Efficient Data Encoding:

Huffman Coding is employed for transaction data, allowing for compact representation and improved processing efficiency without compromising integrity.
Parsing Huffman Data:

Upon receipt, transactions encoded using Huffman coding are parsed in their raw format. This parsing process involves decoding the Huffman-encoded data back into its original form, enabling the verification of the transaction's authenticity.
Parsing is crucial for validating the integrity of each transaction before it is added to the blockchain, ensuring that any malicious alterations can be detected before they compromise the network.
Time-Based Mining Mechanism:

The system enforces a time-based mining scheme that ensures fairness by regulating the mining process to a specific time interval. This restriction prevents a single miner from quickly confirming multiple blocks in succession, reinforcing the decentralization and integrity of the blockchain.
Each block is validated against an exact copy held by every participant in the network, with mining rounds being serialized. This means that the mining of new blocks depends on data from the previous block, including its hash and multi-signature.
Collective Responsibility:

Participants in the network are not just miners; they are integral to the network's efficiency. By requiring users to contribute their bandwidth for data relaying, each participant is accountable for maintaining the health and speed of the network.
Transaction Flow
Transaction Creation:

Each sender hashes their transaction data, referred to as “huff tx,” using a predefined Huffman tree generated from a shared dictionary.
The sender then signs the hash of this Huffman-compressed transaction data.
Huffman Data Parsing:

Transactions encoded with Huffman coding are parsed to decode the original transaction details. This parsing allows for validation against the network's consensus rules, ensuring that no double spending occurs.
During parsing, checksums or cryptographic hashes can be employed to ensure the integrity of the decoded data, reinforcing trust in the transactions.
Block Creation:

Miners aggregate signatures from multiple senders, including the previous block's multi-sig, to form a new aggregate signature. This ensures that all signatures are acknowledged and securely linked, reinforcing the distributed trust model.
51% Attack and Double Spend Mitigation
51% Attack:

To mitigate the risk of a 51% attack, where a single entity controls the majority of the network's mining power, the system employs a decentralized mining structure and time-based restrictions on mining success.
By encouraging participation from a diverse array of devices, including older technology, the network becomes more resilient to centralization. This diversity makes it difficult for any single entity to control a significant percentage of the mining power.
Double Spend Prevention:

Each transaction is tied to previous signatures and transaction data, creating a robust record that can be easily verified during parsing.
If a user attempts to double spend, the network's consensus mechanism will flag the conflicting transactions during the parsing stage, preventing them from being added to the blockchain.
The use of serialized mining rounds ensures that only one block is accepted at a time, with each new block dependent on the data from the previous one. This serialization significantly reduces the chances of double spending since any conflicting transactions would not be valid due to the linkage to prior blocks.
Signature Context
Each transaction ties back to the previous transaction’s signature, creating a unique context for validation. The system incorporates both the transaction hash and the previous signature in the signing process, ensuring contextual linking.
Replay Attack Mitigation
By incorporating the previous signature into every transaction, the system significantly reduces the likelihood of successful replay attacks. An attacker would have to manipulate the context of a valid transaction, which is tightly controlled.
Integrity Through Aggregation
Aggregating signatures across transactions enhances trust and ensures that all participant signatures are valid, creating a robust validation mechanism for each block.
Strengths of the System
Mitigation of Signature Ambiguity:

Hashing each transaction before signing prevents ambiguity in signature validation, ensuring clear and unique representations.
Enhanced Security Against Replay Attacks:

By tying each transaction to the previous signature, the system reduces the likelihood of replay attacks.
Chain of Trust:

The sequential linking of transactions establishes a chain of trust, reinforcing the integrity of the blockchain.
Efficient Data Representation:

Using Huffman coding improves transaction processing efficiency, enabling better performance without sacrificing security.
Distributed Trust Model:

The requirement for multiple signatures reduces reliance on any single participant, enhancing resilience against collusion and single points of failure.
Collective Network Performance:

By encouraging users to repurpose old technology (like old laptops and smartphones) for mining and data relaying, the network becomes more robust. Users' contributions to bandwidth and processing power enhance the network's speed and efficiency.
Areas of Weakness and Recommendations
Hash Function Security:

The system's security relies heavily on the hash function used. Ensure the use of robust cryptographic hash functions (e.g., SHA-256 or SHA-3) to prevent collision attacks.
Signature Aggregation Complexity:

The aggregation process must be clearly defined to avoid errors in signature validation. Implement checks and balances for validating aggregated signatures.
BLS Single Signature Context:

To avoid potential vulnerabilities, consider implementing nonce mechanisms or additional unique identifiers for each transaction.
Replay Attack Mitigation:

Additional context checks, such as timestamps or nonces, can further ensure that each transaction is validated against its intended context.
Shared Dictionary Vulnerability:

Secure management of the shared dictionary is essential. Consider using a hashing mechanism for dictionary entries to detect unauthorized modifications.
Potential for Denial of Service (DoS):

Implement rate limiting and transaction validation checks to mitigate DoS attack risks.
Complexity of Signature Verification:

Thoroughly test the signature verification process to identify potential weaknesses and ensure robustness.
Cryptographic Assumptions:

Stay informed about developments in cryptographic research and adapt to newer, more secure signature schemes if necessary.
Conclusion
The proposed blockchain system effectively integrates innovative methods to address challenges associated with BLS multi-signature schemes, transaction integrity, efficient data encoding, and robust double spending prevention. By linking transactions contextually, employing Huffman coding, and implementing a decentralized mining framework, the system establishes a resilient and secure foundation for transactions. Additionally, the collective responsibility of network participants enhances network efficiency and resilience, creating a community-oriented ecosystem.

This combination of technological innovation and social responsibility positions the system for a sustainable future, empowering participants to contribute to a faster and more secure decentralized network while benefiting from their involvement.

Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 05/09/2024, 15:11:58 UTC
What resources are being shared? Social media can be applied to network or storage resources.
The next AR/FIL?

each user is a seed for his own content.  for the immediate future, the idea is that you are hosting the content you wish to share on the network  (like pics, vids, music, art, journalism, state secrets, your nanna's  rhubarb jelly recipe)

in the future

you will be able to host 


video streams
apps
services
games
ML models
modular neural network nodes

there is a lot more planned but it depends on user participation.  i feed off of your enthusiasm.  give me love i give you magic!

i had a bit of a snafu with my cloud servers so i had to put the deom off until tonight.  please join the live stream where i can fully explain everything and answer your questions.

thanks
Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 03/09/2024, 22:19:58 UTC
Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 19:44:31 UTC
Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 19:23:26 UTC
Smiley  Create discord channel so we can support, chat with ease. ./Cheers


https://discord.com/channels/1279883883734630442/1279883883734630445

here you go
Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 17:24:27 UTC
EXACTLY!   you got it my friend.  bubble is a real currency with a built in use case and monetary balanceing baked in like the federal reserve.  the coins will always be useful. the likes have a dual purpose too. they are held in the mempool and processed in batches, this both reduces bloat AND  ties coins up in an unspendable state for a long period which reduces the available supply (hopefully by 5-10%) making price stability easier to achieve  Wink 

this has been something i have been formulating almost my entire life and crypto is just a way to experiment.

i literally  went to college and earned 2 engineering degrees (software systems)  with 0 prior coding experience and spent  3.7 years building it
Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 17:05:49 UTC
im not sure what you are asking.  my comments are intended to describe the technical limitations of a p2p stream.   what im describing is how the (data) swarm would work around the stream.   there is no monetary reward for the stream other than the revenue generated through likes and follows earned during the broadcast  or as a post on the network.

the reward scheme is as always POW  mining, we just added a compression round  (second reward) for mining the smallest block size as well as the hash difficulty reward,  so there is a mining reward, a compression reward, and a third smaller random reward given to a random post made during the block round.  but all posts can be liked by a viewer, which is like a way of supporting content creators, and follows also are paid by the "follower" to the creator.

this money generated through likes and follows is "taxed" and the TAX gets "burned"  as a way to control inflation. this is how we regulate the economy.

so

miners and "huffers" (compression) and random content creators  " mine" the coins into existence

they support the creators

the tax is burned

the burn is recycled

the mners mine new coins

this should theoretically give us a supply which both infinitely produces new coin at the bottom and also remains  a limited supply that dosen't grow  beyond the cap ... in theory anyway
Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 16:30:30 UTC
⭐ Merited by Henark (1)
yes! but, because there is no central server,  the stream is like a daisy chain where it is hosted and shared to a few people who then share it on in the swarm. so each viewer is also a seed for  the stream


so like this:
host=> viewer => another viewer => so on

does this make sense
Post
Topic
Board Announcements (Altcoins)
Re: BUBBLE UPDATE!!!!!! COME SEE A DEMO OF THE SOFTWARE..Game changing new tech
by
MickGhee
on 01/09/2024, 16:05:48 UTC
this is for real get ready testnet is coming soon (very soon)

main launch is set for oct 17

thank you for your patience


MickGhee
Post
Topic
Board Announcements (Altcoins)
Topic OP
Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 16:00:18 UTC
get ready... a new blockchain is coming

entirely new codebase built from scratch in node js

pure POW ... cpu

new mining protocols

fairer mining

custom compression/ encryption algo

decentralized peer 2 peer social media and file sharing based on Utorrent micro torrent transfer protocol (aka utp swarm)

advanced in-app economy

private communication using elliptic curve  diffie-hellman key exchange and custom huffman compression/encryption

TESTNET

coming very soon

main net
coming oct 17


please support my project it has taken me nine years of college and programming to make this happen



McG
Post
Topic
Board Announcements (Altcoins)
Re: BUBBLE - ITS REALLY HAPPENING. GET READY NEW THREAD THIS WEEKEND LIVE STREAM
by
MickGhee
on 26/12/2021, 02:23:10 UTC
   Come witness for your self https://youtu.be/kPQPbVsW720
Post
Topic
Board Announcements (Altcoins)
Re: BUBBLE - ITS REALLY HAPPENING. GET READY NEW THREAD THIS WEEKEND LIVE STREAM
by
MickGhee
on 23/12/2021, 21:31:58 UTC
I've overcome most the technical hurdles and have prototype  most of theu advanced features. I can't believe that it's finally happening after all this time.   

Thank you everyone for supporting me and my dream.  We made this happen by pulling our own bootstraps.

AMERICA FUCK YEAH!

I will be locking the thread shortly and coming back Saturday with an alpha test live stream with my core support and youtube patrons.    I can't wait to show you all what I have built for you.
Post
Topic
Board Announcements (Altcoins)
Re: YOU MUST READ --- EPIC NEW PROJECT IS ABOUT TO LAUNCH -- FAIR MINING
by
MickGhee
on 17/11/2021, 15:23:17 UTC
Ok, lots of network issues resolved. This is going to happen
Post
Topic
Board Announcements (Altcoins)
Re: YOU MUST READ --- EPIC NEW PROJECT IS ABOUT TO LAUNCH -- FAIR MINING
by
MickGhee
on 16/11/2021, 18:49:45 UTC
Change title to get attention
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BUBBLE -Decentralized p2p social media platform || all new || CPU MINING
by
MickGhee
on 15/11/2021, 21:54:55 UTC
This project is about to begin alpha testing.   I will lock this thread after alpha begins.  We will come back November 31st with a new thread,  open pre-registration,  and complete and working(scaled back in some ways (think about a " mindfuck")  ) hands on demo server available for public use and inspection.

Look for the  last announcement to be posted by Sunday  the 21st and a live stream demonstration  of the first test (and the epic bugs we discover).

Post
Topic
Board Bitcoin Discussion
Topic OP
I have completely redesigned blockchain and mining as a whole w cybernetics
by
MickGhee
on 06/11/2021, 13:01:44 UTC
So,  how do you eliminate the risk of a 51%  attack?  Actually there are many solutions.  Most involve  some sort of centralization. 

Actually cybernetic design principles and a bit of creative design can actually make you more of an explorer than an engineer¹

Mine is something much simpler  and is only apparent once you attempt something other than just  hoarding.
Once I manifested the decentralized registration process.  It was instantly clear that  accountability dosent require centralization.  This creates accountability.

How do you eliminate centralization of the coin 
If 1%  can  pay to win all

Cybernetic  systems  use many mechanisms  specifically  feedback and entropy  to adapt and new systems emerge beyond your squishy brain limited design. When you do it right  solutions emerge for problems you couldn't  imagine  before you observed the emerging.   Now we have accountability,  we can. Have debate and consensus.  If we  can enforce rules we can eliminate any underlying issues via let's  say a fair mining  protocol that
 
Ah.  This is a shit post

Then explain this

https://youtu.be/a3DXUUu6drM

Cya  on the super new moon moon maybe on the moon. 

SpaysE  McG
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XSX]ServX -(POW)-(Scrypt) Fucking regulations killed us
by
MickGhee
on 06/11/2021, 09:23:25 UTC
I'm back . I just  built a cybernetic system around a social media dapp  around a new mining  process and an  assload  of new tech like some  kind of nerd who blew 100k  to master science or something  idk   bur what is true is that if you have a post before this message in this thread  than congratulations your prize 
 
You are now a founder  of the bubble network  and will be given special rank and   1 bubble for every  500 xsx
Plus 5k   bubble tor each participant in the failed,  government regulation  destroyed   business concept.   

It's bigger than I can say  lucky  for you  cartoon spayse  has demonstrated   something called   fair mining and   decentralized registration...  oh I also invented live cartoons  because  I only go big
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BUBBLE -Decentralized p2p social media platform || all new || CPU MINING
by
MickGhee
on 05/11/2021, 04:25:18 UTC
I'm like almost ready  for  real this time.   Uncompressed blocksize  min size  204 bytes ... compression  22=28%  confirmed  ... difficulty,  binary  and time based   

Block time  0.8 degrees, 
Compression,    0.2 degrees   fair mining  complete, 
 bubble rewards and batch processing,  complete  ( did this Hebrew just say batch processing?Huh)

Avg compressed tx size  156 bytes. (I believe that is the world's smallest 2 party utxo AND indicates PROOF THE FORCEISSTRONGINTHISPADOWAN)

UNIVERSAL TIME BASED ON EARTh MOON AND SUN  (kind of like the one we have but  moon based. Much more fun and provable with  circles and  giant glowingcelestial objects)

Now I must rebuild the final network as a class of objects that is more   shall we say,   not a 5000 line cluste fuck of anonymous arrow functions  calling  1 letter variable... then I expect that the alpha phase will start on next Saturday  (10th 11th )

If you are not already in the alpha,  you can't get in now...   pre-registration for names/ possible special shit and to alleviate any ( nonexistent  pipe dream ) demand swell as I thought that I'd limit the amount of registrants  per block to 64  because  bubble  uses a base 64 number alphabet table array thingy to math ( special made fto tie the whole cybernetic  dapplication thing together in a completely emergent and  totally cybernetic kind of way.   ,



Bubble launches on the super new moon the Most metal moon ever!!

After so much work and struggle and doubt and a little fear. I can't even believe that I have gotten so far.. like I really am trying to manage feature creep because I can literally accomplish anything. It's scary...  I just wish I could spend more  time watching  math lectures and less watching them smoking hot fox milfs on fox news
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BUBBLE -Decentralized p2p social media platform || all new || CPU MINING
by
MickGhee
on 24/09/2021, 18:29:55 UTC
Here is a video of the wallet working on the swarm

https://youtu.be/s2-Sm3DGjpg