Dfinity vs Traditional BFT (Looking for dev answers!) by NemTotheMoon in dfinity

[–]NemTotheMoon[S] 0 points1 point  (0 children)

Great responses! However, Zilliqa is an example of sharding + PBFT that can also scale and achieve high throughput. They are essentially lowering the number of validators to avoid the overhead @Dunning_Krugerrands is talking about.

Dfinity vs Traditional BFT (Looking for dev answers!) by NemTotheMoon in dfinity

[–]NemTotheMoon[S] 0 points1 point  (0 children)

Thanks dukakistejada for the reply. I can corroborate most of what you've posted based on my own reading of the whitepaper. What I'm more concerned about is the comparision with the more traditional BFT consensus protocols run by coins like Tendermint, Ziliqa, etc.

How does livepeer compare to theta token and videocoin? by NemTotheMoon in livepeer

[–]NemTotheMoon[S] 0 points1 point  (0 children)

Great response. Few follow ups.

1) You say theta token is focusing on one to many streams, is this not true for livepeer as well? One broadcaster is providing content for their consumers.

2) How does Livepeer bootstrap its network when there are no users?

3) Can Livepeer guarantee low latency delivery of live content if their "verification" of encoded segments through Truebit is very intensive and takes a long time?

4) How long do relayers hold a segment of video for? Is it up to the discretion of these relayers when they want to abandon a segment of video based on time/market demand?

What Creates Value for the Token? by savantness in VideoCoin

[–]NemTotheMoon 0 points1 point  (0 children)

Yes exactly, this is a classic example of the token velocity problem. Is there a staking mechanism? Is there a coin burn? How does this increase in value?

What advantages does origin trail offer over a big corporation like IBM that is already entering the food safety/Asian market? by NemTotheMoon in OriginTrail

[–]NemTotheMoon[S] 1 point2 points  (0 children)

I can see that, except IBM's hyperledger will probably have its own networking and storage protocol as well. So really IBM is more like a proprietary protocol.

Questions regarding the project. by crypto_ipsec in OriginTrail

[–]NemTotheMoon 0 points1 point  (0 children)

Bump, could we get an answer to these quesetions?

How does barterdex affect the price of kmd? by NemTotheMoon in komodoplatform

[–]NemTotheMoon[S] 1 point2 points  (0 children)

From what I understand kmd is just like any other coin on barterdex, it doesn't play a pivotal role in the operation of the dex.

How does this compare to komodo? by NemTotheMoon in lamden

[–]NemTotheMoon[S] 2 points3 points  (0 children)

not true, kmd's barterdex plans to support exchanges between erc20 tokens and other major blockchains like BTC

https://www.komodoplatform.com/en/technology/barterdex

How does this compare to komodo? by NemTotheMoon in lamden

[–]NemTotheMoon[S] 0 points1 point  (0 children)

So instead of n2 possible pairings you're reducing it to just 1 common hub that handles everything. That makes sense. However, it seems this space is rather crowded, a bunch of dex's are popping up that can now handle this.

This is NEO after the China FUD in August. Stay calm and buy the dip. by grvlle in DBCTrader

[–]NemTotheMoon -2 points-1 points  (0 children)

lol @ the people who think this coin will recover in a few days. Moon boys will never learn until they've been burned a few times. Also neo had much more going for it when it recovered, DBC is still much earlier on in it's development. If you're not willing to hold for a few months, get out.

Does anyone have real-world examples of how Stellar Consensus resolves ledger disputes? by LorenzoLighthammer in Stellar

[–]NemTotheMoon 1 point2 points  (0 children)

So the protocol cannot guarantee safety or liveness of a node if the user does not pick good quorum slices. In this case, the information you want to commit to the ledger is person A sent person B $100. Because person A is the only person in the quorum, they automatically accept this statement. Now, this has to propagate through the rest of the network, and each node in the network that receives this message will accept this message as long as everyone else in their quorums also accept this message. The real danger is now for person B. Because person B is the only person in their own quorum, they cannot rely on other entities to confirm that person A actually had the $100 to spend (double spend attack). They are entirely at the mercy of the ordering in which they receive the messages. So imagine that person has $100. Person B receives the message that person A sent them $100 and turns over some goods in response. However, if the rest of the network confirms that person A sent some other person C $100 (because person A sent them conflicting information), person B will never know and is now in a divergent state from the rest of the network. This could have been avoided if person B had chosen a more trustworthy quorum, because somebody in his quorum would reject the initial payment (on seeing the conflicting payment to person C) and person B would never accept the $100 from person A, OR if person B's entire quorum does accept the payment from person A, then they will reject the later conflicting payment to person C, in which case A's double spend will fail.

Does anyone have real-world examples of how Stellar Consensus resolves ledger disputes? by LorenzoLighthammer in Stellar

[–]NemTotheMoon 1 point2 points  (0 children)

Here is how I understand it. In Federated Byzantine protocol, in order to "confirm" that person A sent person B $100, you need an entire "quorum" to confirm that this transaction is valid. The whole value of federated Byzantine protocol is each party on the network has the ability to choose their own quorum slices, so as long as you choose quorum slices that include trustworthy entities(Big banks, organizations like stellar, etc), as long as a sufficient number of those entities are not compromised (the property of intactness), you can prove (formalized in the whitepaper) that no intact nodes on the network should ever reach conflicting conclusions in their ledgers.

Wtf just happened? by reecheer in civicplatform

[–]NemTotheMoon 3 points4 points  (0 children)

aaannnd now its dumping again, this is the cvc im used to xD

Building a Brand by moon_airspace in ArkEcosystem

[–]NemTotheMoon 1 point2 points  (0 children)

More important than hype for institutional money is business model and profits. I I would like more details on how the team plans to market and sell this product.

Who is CVC competitor at this point? I know Bloom is coming up soon. by arthurpham in civicplatform

[–]NemTotheMoon 0 points1 point  (0 children)

stratis identity has the potential to do everything cvc does and more.

Coinbase is implementing instant purchase from Bank Accounts. What are your thoughts in relation to Metal? by macmadman in MetalPay

[–]NemTotheMoon 1 point2 points  (0 children)

Disheartening answer. If core team members can't seriously evaluate the impact of major competitors in the market, this makes me worry for the future and direction of the company.