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|    comp.protocols.tcp-ip    |    TCP and IP network protocols.    |    14,669 messages    |
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|    Message 14,589 of 14,669    |
|    Skybuck Flying to All    |
|    Solution for the bitcoin distribution pr    |
|    22 Aug 22 06:42:35    |
      From: skybuckflying@gmail.com              An oppertunity exists for you, were you can create a more fair cryptocoin       system, however it will take 2 hours and 20 minutes of your time to view the       video about it, or perhaps you can skip through some parts of it, or perhaps       you can grasp the core        concept of this new blockchain idea:              Youtube video link where I discuss one out of two of bitcoin's main problems:              Problem 1: Coin distribution problem              Problem 2: Scalability problem.              I discuss problem 1:              https://youtu.be/QNKMpxZ2um0              So far the basic idea is to use "signed hashes" instead of "most powerfull       hashes".              And the new/additional consensus rules that I have come up with so far are:              Basically I term/call/coin this new system: "Skybuck's Signed Hash Blockchain       system"              Going to paste this text as it was described in the video above, maybe later I       will work on it some more,              right now I am looking for feedback and critique if you think this system will       work, or if you spot flaws and weaknesses in it ?!              PEER CONSENSUS RULES:              PEER CONSENSUS RULE 1. THE IP THRESHOLD RULE WITHIN A 10 MINUTE TIME FRAME.              PEERS WILL ONLY ACCEPT NEW BLOCKS WITHIN A 10 MINUTE TIME FRAME/PERIOD, WHERE       THE BLOCK       WITH THE LOWEST IP ABOVE THE IP THRESHOLD WINS.                     PEER CONSENSUS RULE 2. THE LONGEST BLOCKCHAIN WINS.              THE LONGEST BLOCKCHAIN WINS/IS SELECTED AS THE MOST VALID BLOCKCHAIN.                     PEER CONSENSUS RULE 3. IF MULTIPLE DIFFERENT BLOCKS ARE DETECTED FROM A SINGLE       PEER       THEN THESE BLOCKS AND THE PEER IS DISQUALIFIED AND THE IP THRESHOLD IS       INCREMENTED + 1.                     PEER CONSENSUS RULE 4. DISQUALIFICATIONS SHOULD BE BROADCASTED THROUGHOUT THE       NETWORK,              BASICALLY THESE WOULD BE THE MULTIPLE BLOCKS. PEERS (GROUP A) THAT IGNORED       THESE              DISQUALIFICATIONS SHOULD INFORM THE PEERS (GROUP B) (<-THAT HAVE DISQUALIFIED       THESE BLOCKS OR              THESE PEERS) THAT THEY (GROUP A)(THE PEERS THAT IGNORED THESE DI       QUALIFICAGIONS) DISAGREE AND              WILL CONTINUE WORKING ON A SPECIFIC CHAIN AND IT WOULD BE VERY BENEFICIAL TO       INFORM (GROUP B)              OF WHICH BLOCK OUT OF THESE MULTI BLOCKS THEY SELECTED, SO THAT AT LEAST       (GROUP A) CAN KEEP              THAT CHAIN IN THEIR MEMORY OR MAYBE THIS CAN BE DONE LATER.                     PEER CONSENSUS RULE 5. IN CASE OF THE DETECTION/DETERMINATION OF DISQUALIFIED       BLOCKS, WAIT              UNTIL IP THRESHOLD+1 (BASICALLY EITHER DISQUALIFIED BLOCK IP THRESHOLD +1) OR       MAIN IP              THRESHOLD WHICH EVER IS HIGHER. IF THE PEER DECIDES TO DISQUALIFY THESE BLOCKS       THE PEER SHOULD              MARK ITSELF AS DISQUALIFCATION-RE-SYNC-NEEDED.                     PEER CONSENSUS RULES 6. IF THE DISQUALIFICATION-RE-SYNC-NEEDED FLAG IS SET       THEN ON              INCREMENTATION OF THE IP THRESHOLD THE PEER SHOULD RE-SYNC ITSELF WITH OTHER       PEERS THAT MAY              HAVE ACCEPTED THESE MULTI BLOCKS AND ASK THESE PEERS WHAT THEY NOW BELIEVE IS       THE LONGEST              CHAIN...              MAYBE +1 IS A LITTLE BIT EARLY... BECAUSE THERE COULD BE MANY SPLITS ACROSS       THE PEERS, MAYBE              THIS RE-SYNC THRESHOLD NEEDS TO BE SET A LITTLE BIT HIGHER LIKE +5 OR +6 OR       +10.              THIS COULD BE CUSTOM SET AND REALLY LONG TERM IS NOT THAT MUCH OF A PROBLEM.              SO THERE MAY HAVE TO BE A PROTOCOL WHICH ALLOWS PEERS TO ASK ANOTHER PEER:       WHICH BLOCK DID YOU ACCEPT AT A CERTAIN IP THRESHOLD, OR ANOTHER IDEA COULD BE:       WHICH BLOCK DID YOU ACCEPT FOR BLOCK NUMBER X, X BEING THE BLOCK NUMBER WHICH       WAS DISPUTED AND       MARKED AS DISQUALIFIED. GOOOD.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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