Will Artist be able to have more that one coin? Would they be able to issue say Silver, Gold, or Platinum editions of their coins?

Quote from: delulo on August 08, 2015, 12:26:03 pm

Quote from: Rune on August 08, 2015, 11:22:32 am

You're not addressing the incentives of those who develop new full node tech, which is what really matters in the long run in my opinion. They will likely be incentivized to keep their competetive advantages proprietary and launch in competition with incumbents rather than collaborate. As far as I can tell, the result of the design is that ROI on node R&D is maximized, meaning TPS optimization, which is what I'd prefer from a common computation infrastructure.

Also, ignoring that, lets not forget that centralization of block production at worst only exposes people to what is essentially very complex and ridiculously expensive phishing attacks.

They're a theoretical problem, but easily solved since economic dapps will run their own secondary consensus algorithms in the virtual machine to validate in a way that is tailored to their own security preferences (DPOS is probably gonna be a first choice in many situations). With that in mind Ethereum block validation is ultimately the transaction processing and anti-spam layer, not explicitly a trust layer. For that function casper seems to be the best algorithm invented yet.

Could you explain what you mean by "full node tech" and how the pishing attacks would work you mentioned?

With full node tech I mean hardware and software for processing the largest amount of EVM computations at the lowest possible cost, increasing marginal income and reducing marginal cost. The EVM has some exotic properties, such as a 256 bit word size, that means that right now it is ridiculously slow compared to a real computer, but with dedicated hardware it could actually become very fast.... when someone invents that in the future.

Oh and the phishing attack was just a metaphor for double spends, since they're both very similar types of digital fraud.

So you are saying there will custom hardware built for it like asics which will centralise the raw achievable performance to a handful of manufactures.

Quote from: Krills on August 05, 2015, 11:58:00 am

i hope there will be some solid thing not just some empty plan.

Hi a couple of questions

Where do you fit, are you,
   
A purveyor of doom, simply crapping on everyone and everything?

Tired of prolonged hope, when nothing seems to work?

A critical, skeptical analyst, keen to focus attention on weak arguments?

If you are a purveyor of doom, simply crapping on everyone and everything

• We will determine from your response whether this is your tag, if so we''' know to ignore you moving fwd.

If you are tired of prolonged hope, when nothing seems to work

• We understand the disappointment, we have watched and listened to lions of tech like Andreessen or huge egos like Andreas paint pictures of potential with no evidence of plausible paths to success.

• It's no surprise you are feeling dejected, so much was pinned on radical transformation. Transformation that might have worked but for Karpeles's ineptness and Lawsky's need for publicity.

• If this label sits well sits well, time will tell if we lift your spirits

If you are a critical, skeptical analyst, keen to focus attention on weak arguments

• We need you, if you are a serious analyst good at analysing deficiencies, then you are valuable and your objectivity is welcome.

Hopefully   

• You aren't a miserable fool envious of capable people  but someone that believes that we have a responsibility to see decentralised tech disintermediate greedy institutions.

This sounds awfully familiar to .....

http://www.forbes.com/sites/tomgroenfeldt/2015/07/31/setl-industrializes-blockchain-for-enterprise-level-financial-services-settlement/3/

That's great!  Do you have ads the bikes?

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On Monday July 27 2015 Microsoft NY and MIT Media Lab will present Blockchain For Social Good. Bitcoin and the Blockchain are changing the way people think about currency, digital assets, and identity. The MIT Media Lab recently launched a promising new initiative to delve into the implications of these innovative technologies. At this event Brian Forde, MIT Media Lab’s Director of Digital Currency and former senior technology advisor at the White House, and John Paul Farmer, Director of Technology & Civic Innovation, Microsoft, will lead a discussion focused on the potential of the Blockchain as a foundation for fraud-free voting, frictionless transfer of property in blighted urban environments, and rapid response in the wake of a natural disaster, to name just a few applications.

http://livestream.com/internetsociety/blockchain

http://blockchain4good.splashthat.com/

Pheonike for all

The rules will never be clear because clear rules means clears ways bypass them.