Author Topic: Description of EMunie consensus protocol  (Read 1124 times)

0 Members and 1 Guest are viewing this topic.

Offline monsterer

I'm discussing it with the author on bitcointalk.org - what he has presented so far doesn't address the sybil attack problem for me. His system prevents attackers from acquiring a lot of trust over a short period of time, but as far as I can see, the long con will still be effective.
My opinions do not represent those of metaexchange unless explicitly stated.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline pc

  • Hero Member
  • *****
  • Posts: 1530
    • View Profile
    • Bitcoin - Perspektive oder Risiko?
  • BitShares: cyrano
http://blog.emunie.com/?p=53#more-53

TL;DR: Transactions carry meta-information that assigns trust to signing nodes. In case of conflicting transactions, nodes select the transaction signed by the signers with highest collective trust. Sybil attacks are countered with fees.

Sounds like a system that combines elements from TAPOS + DPOS with an unlimited number of signers.
Bitcoin - Perspektive oder Risiko? ISBN 978-3-8442-6568-2 http://bitcoin.quisquis.de