I sent a PM to BM, maybe we all could work together on something.  It might be easier than rewriting the network and storage layer since RaiBlocks has it implemented already.

Quote from: clemahieu on February 10, 2016, 12:04:54 am

The RaiBlocks PoS network has no fees and is also fully distributed, i.e. it doesn't need elected delegates.

https://raiblocks.net/#/

Whitepaper:
https://docs.google.com/document/d/13s6BKzRq9oD5Me55JBRzR7BdvjJ44QKqPu2lf-JsAlU/edit

I assuming that we are a developer of raiblocks [1]. Reading your whitepaper will take me some time. Could you in the mean time describe similarities and differences between bitshares and raiblocks?

For sure.  The biggest similarity is using PoS to resolve conflicts instead of PoW.  We went one step farther and eliminated the bulk conflicts by organizing the ledger in a graph instead of a monolithic chain.  The biggest difference is this is a single-asset system, it makes no attempt to do multi-assets like BitShares.  We have a similar mechanism to delegates called representatives but there's no fixed number, anyone can name anyone else as representing their stake for fork resolution, this way nodes can be offline and representative nodes can vote with, but not spend, people's balances.

I ran in to a boost 1.60 issue when working on RaiBlocks https://raiblocks.net perhaps you've hit the same.  It looks like the hex number parsing for boost multiprecision has a bug.  I filled a report https://svn.boost.org/trac/boost/ticket/11857 and it's been fixed but no service release yet so we had to downgrade to 1.59 as well or apply the patch.

Hey, good to see you, I think I remember from maybe a year ago?

There's a more detailed specification on the initial distribution here https://github.com/clemahieu/raiblocks/wiki/Distribution-and-Mining but basically 100% of the supply is distributed through the site limited by a captcha.  No portion is reserved for anyone including myself.

You could go to https://raiblocks.net right now under Get Blocks and send some to yourself.

There are no transaction fees, the relevant section is "Block reward incongruent with system’s health".

Quote from: clemahieu on November 13, 2015, 01:01:45 am

If there are any questions I'll definitely answer them.

Where do you think RaiBlocks and BitShares can work better together ? 

I think both systems are pretty much compatible.  We're focusing on performance of one small aspect, the coin, while BTS is focused on more markets and exchanging.  Use the right tool for the right job I think.

For those that asked we threw together some animations on the confirmation and consensus procedure.

https://github.com/clemahieu/raiblocks/wiki/Double-spending-and-confirmation

Our transaction throughput profiling shows the system roughly at ~700 t/s for generating 1 million transactions in 90 seconds.

Mass activity iteration 983040 us 366046 us/t 1429
Mass activity iteration 987136 us 356276 us/t 1391
Mass activity iteration 991232 us 381316 us/t 1489
Mass activity iteration 995328 us 362204 us/t 1414
Mass activity iteration 999424 us 357342 us/t 1395

real   1m26.899s
user   0m30.368s
sys   0m28.712s