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Showing 8 of 8 results by summercat
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Board Announcements (Altcoins)
Re: [ANN] Metaswap: DEX based on dynamic fee rate to solve front-runner attacks
by
summercat
on 07/07/2021, 10:44:29 UTC
Metaswap's white paper has been finished, which refers to well-known AMM models such as Bancor, uniswap, and Balancer protocol, and proposes a solution to the problem of front-running attacks. Please continue to pay attention to the development of the project.
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Board Announcements (Altcoins)
Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate
by
summercat
on 30/06/2021, 06:45:39 UTC
Can i understand this way, in uniswap, x.y=k. but in metaswap, x.y=k*(1+π(ρ))

In fact, in uniswap, the price is only related to the quantity of the two assets. In metaswap, the price is also related to the rate, and the rate is positively related to the proportion of transaction assets. By adjusting the rate, the arbitrageur is unprofitable
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Board Announcements (Altcoins)
Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate
by
summercat
on 29/06/2021, 01:51:28 UTC
Metaswap's website has been launched. Introduction and price model are announced on the website. Metaswa's white paper will be  opened soon. If you have any questions, welcome discuss in the forum.
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Board Announcements (Altcoins)
Re: [ANN] Metaswap:AMM based on dynamic transaction fee rate
by
summercat
on 22/06/2021, 02:55:10 UTC
Designing an automated market maker that can't be attacked is probably fairly hard. I think this concept deserves more attentions.

The market needs a good DEX to maintain the fairness of participants. We have found such a method in a certain mathematical model and can't wait to share and discuss with you.
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Board Announcements (Altcoins)
Topic OP
[ANN] Metaswap:AMM based on dynamic transaction fee rate
by
summercat
on 21/06/2021, 05:32:38 UTC
Metaswap solve the runner-attacks problem commonly faced in the AMM mechanism, which will bring huge losses to liquidity providers and real traders, which will exacerbate the unfair distribution of benefits between arbitrageurs and participants. When designing Metaswap, we adopted a dynamic fee rate mechanism to greatly reduces the profitability of arbitrageurs.

Notice: White paper, website will be opened soon, please wait.
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Board Announcements (Altcoins)
Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
by
summercat
on 18/09/2020, 10:16:19 UTC
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.


I think you should do your promotion first instead of applying for a bonus from the dev . If the community sees your efforts, I think everyone will be willing to support your promotion
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Board Announcements (Altcoins)
Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
by
summercat
on 04/09/2020, 02:28:09 UTC
It's dead. It's monopolized by a few miners.It's not luck at all.

I analyzed the 2POW protocol.
In the early days, everyone used CPU mining, as the more nodes, the higher the luck value.
However, since some time, some GPUs have participated in mining, and the power has increased by about 1000 times. The CPU can no longer mined blocks at all, and luck is not so important. Because in the design of 2POW, there is a basic assumption that when the power of all nodes is almost equal, blocks are mined by luck. However, GPU has a performance advantage of 1000 times compared with CPU, this is equivalent to only a few scattered GPUs in the system mining blocks.
Although the system has been monopolized by several GPU miners, I believe that as the number of GPUs increases, the importance of luck will come.


It's  said that argon2d is anti-GPU, luck uses the argon2d algorithm, how can it be  GPU, if it is not GPU, I am curious what it will be?
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Topic
Board Announcements (Altcoins)
Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
by
summercat
on 31/08/2020, 10:48:05 UTC


Good initiative mate! How much is asking qTrade for the listing? I hope they are not asking thousands of dollars since is a small exchange no offence. I know qTrade is quite a good exchange, working smooth but with not so much coins/users.

from what i can see on discord, they are asking about 0.5 btc for the listing within 60 day if the donations has been fullfilled, if the donations not reach 0.5 btc within 60 day then they will not list the luck coin, very cofused why they are still need fee after the premine was burned, i thoughts they will list luck for free right after the premine was burnted.


I agree with  you