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Offline xeroc

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[TechTalk] All you need to know ... about TITAN
« on: June 17, 2014, 12:14:18 PM »

This series of articles/posts is intended to be an extensible work considering parts of DPOS/BitShares technically. If you feel something is missing just tell me and I will add it.
The goal is to have an article we can use to construct a FAQ for a technical description of the ecosystem.


BitShares-Wiki: http://wiki.bitshares.org/index.php/TITAN
« Last Edit: August 25, 2014, 08:01:51 AM by xeroc »
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Offline alt

Re: [TechTalk] All you need to know ... about TITAN
« Reply #1 on: June 17, 2014, 02:55:55 PM »
+5%

Offline metalallen

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #2 on: June 17, 2014, 03:16:33 PM »
Studying... +5% +5%
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Offline toast

Re: [TechTalk] All you need to know ... about TITAN
« Reply #3 on: June 17, 2014, 03:17:12 PM »
OMG, this is the kind of stuff that should be on our website
 +5% +5% +5%
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline Amazon

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #4 on: June 17, 2014, 03:19:12 PM »
OMG, this is the kind of stuff that should be on our website
 +5% +5% +5%

 +5% I have sent PM to Stan and Brian to request that. And we should have a new section for these articles, not in faq.
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Offline betax

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #5 on: June 17, 2014, 03:33:18 PM »
Fantastic very good doc/s +20%
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Offline toast

Re: [TechTalk] All you need to know ... about TITAN
« Reply #6 on: June 17, 2014, 03:47:54 PM »
The wiki is also a good place to put these, it is publicly editable:

https://github.com/BitShares/bitshares_toolkit/wiki
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline xeroc

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #7 on: June 17, 2014, 03:57:30 PM »
The wiki is also a good place to put these, it is publicly editable:

https://github.com/BitShares/bitshares_toolkit/wiki
Thanks .. gonna do that when I have the time
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Offline bytemaster

Re: [TechTalk] All you need to know ... about TITAN
« Reply #8 on: June 17, 2014, 04:14:26 PM »
I edited the post to reflect that with the new protocol it does not require a 2-step process and thus the transfer is not reversible.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline xeroc

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #9 on: June 17, 2014, 04:26:50 PM »
I edited the post to reflect that with the new protocol it does not require a 2-step process and thus the transfer is not reversible.
Wanted to ask about that, because I was unsure .. thx for the edit!
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Offline xeroc

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #10 on: June 17, 2014, 08:28:34 PM »
I edited the post to reflect that with the new protocol it does not require a 2-step process and thus the transfer is not reversible.
One more question: From my understanding we have instant confirmation (or maybe 30 sec) here .. is this true .. No real need to wait for 6 confirmations .. a single one must be sufficient?!?
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Offline toast

Re: [TechTalk] All you need to know ... about TITAN
« Reply #11 on: June 17, 2014, 08:33:00 PM »
I edited the post to reflect that with the new protocol it does not require a 2-step process and thus the transfer is not reversible.
One more question: From my understanding we have instant confirmation (or maybe 30 sec) here .. is this true .. No real need to wait for 6 confirmations .. a single one must be sufficient?!?

More confirmations means more certainty - just say "30 second block times"
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline xeroc

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #12 on: June 17, 2014, 08:34:12 PM »
I know about that .. but as we have delegates which confirm tx .... do we have an 'estimate' on how 'long' I need to wait?
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Offline emski

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Re: [TechTalk] All you need to know ... about TITAN
« Reply #13 on: June 17, 2014, 08:34:24 PM »
I edited the post to reflect that with the new protocol it does not require a 2-step process and thus the transfer is not reversible.
One more question: From my understanding we have instant confirmation (or maybe 30 sec) here .. is this true .. No real need to wait for 6 confirmations .. a single one must be sufficient?!?

It shouldnt be sufficient because forks are still real possibility. But lets someone with more knowledge elaborate.

Offline bytemaster

Re: [TechTalk] All you need to know ... about TITAN
« Reply #14 on: June 17, 2014, 10:33:50 PM »
I edited the post to reflect that with the new protocol it does not require a 2-step process and thus the transfer is not reversible.
One more question: From my understanding we have instant confirmation (or maybe 30 sec) here .. is this true .. No real need to wait for 6 confirmations .. a single one must be sufficient?!?

It shouldnt be sufficient because forks are still real possibility. But lets someone with more knowledge elaborate.

Confirmation time is dynamic based upon the number of missed blocks.  If no blocks have been missed recently then 1 confirmation is enough.  For every block that is missed you add 2 confirmations to the requirement.   Generally speaking 2 confirmations should be plenty (30 sec to 1 minute).

The real issue is that you don't want to require someone to be online to receive funds. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

 

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