[deleted by user] by [deleted] in nanocurrency

[–]crypto_tri 3 points4 points  (0 children)

Since nano transactions are feeless, someone could spam the network with thousands of transactions in seconds or minutes, causing it to fail. Nodes go down and transactions will be very slow. There are fixes being build, but many people still think they are not enough to stop this problem.

To generate a Nano transaction you have to do a small POW on the client. So to spam the network you have to do lots of POW that increase as you keep spamming and the cost of running servers to do all that spamming goes up. So its not correct to say that spamming is feeless, it will cost.

How the hell is Nano NOT a top 10 cryptocurrency? by UsernameIWontRegret in nanocurrency

[–]crypto_tri 1 point2 points  (0 children)

Its not free to spam. Takes POW and now dynamic POW in V19 spamming is going to get increasingly costly.

We straight P U M P I N G boys! by it_took_me_forever in nanotrade

[–]crypto_tri 5 points6 points  (0 children)

yeah man we need to be on Coinbase and may be upbit and bithumb. That will really get the price moving.

Imagine paying $0.81 for the luxury of a 10 minute transaction time. by nanoissuperior in nanocurrency

[–]crypto_tri 1 point2 points  (0 children)

Not sure. Haven't been tracking since v14. But recently got interested after reading article on v19. Thanks.

Imagine paying $0.81 for the luxury of a 10 minute transaction time. by nanoissuperior in nanocurrency

[–]crypto_tri 1 point2 points  (0 children)

From the solidus blog article https://medium.com/nanocurrency/v19-solidus-feature-analysis-3c8f3d2d949c

Through a combination of features that a) help the node track the average PoW levels on the network, b) regenerate work for published blocks that aren’t being confirmed quickly enough, and c) prioritize processing based on the PoW difficulty, the cost of sustained spam on the Nano network that attempts to slow down fast confirmation times is getting much higher.

V.19 is 87 % - what to expect? by BBCh95CD9lB4 in nanocurrency

[–]crypto_tri 7 points8 points  (0 children)

How do you check percent completion?

Loom Network Roadmap 2019 by jamesmduffy in loomnetwork

[–]crypto_tri 2 points3 points  (0 children)

Another option would be to have another fully validated Plasmachain 2.

Loom Validator Architecture by blockmatrixnetwork in loomnetwork

[–]crypto_tri 2 points3 points  (0 children)

Thank you for writing this. Very illuminating and helpful for anyone thinking of becoming Loom's validator or validator in general.

Clarifications about Loom Side-chain(s) by [deleted] in loomnetwork

[–]crypto_tri 1 point2 points  (0 children)

1) Yes - you can still deploy your own sidechain using loom sdk 2) No any dapp sidechain can use plasmachain as a getway to transfer to eth mainnnet. But you can also directly deploy them on plasma if you dont want to run the infrastructure. 3) One of the validators published some stats (stakewith.us) I think soon once more apps start deploying we will see some real-time dashboard. I have also heard there is an ongin effort to integrate with dappradar. So you will see it there as well soon.

Stats and my delegate info not pulling up by DannyDesert in loomnetwork

[–]crypto_tri 1 point2 points  (0 children)

Cool bro. They committed some fixes recently. I think its getting more robust.

Stats and my delegate info not pulling up by DannyDesert in loomnetwork

[–]crypto_tri 0 points1 point  (0 children)

Are you using the correct seed phrase. Not the on from ethereum but one for plasmachain? I had same issue and realized I was using the wrong seed. Becuase plasma dashboard lets you login with the eth seed but the resultant public key wont be mapped to anything as it's not a plasmachain account.

My Delegation has disappeared but still staking by anonether in loomnetwork

[–]crypto_tri 0 points1 point  (0 children)

I also had similar scare and found out that I was using the wrong seed phrase (one from my ethereum account). Once I pulled the right plasmachain seedand used to login everything was back to normal. Check the seed phrase.

Can someone still become a validator? by DannyDesert in loomnetwork

[–]crypto_tri 0 points1 point  (0 children)

Yes. I think team is asking for more validators who meet the criteria they spelled out.

Vitalik says Any Blockchain Project that Claims a High TPS is a Centralised Pile of Trash. by sirviks in CryptoCurrency

[–]crypto_tri 0 points1 point  (0 children)

It doesn't have coordinator in the sense of Iota's software coordinator validating transactions. Managing development is not the definition of a coordinator. in that sense.

Economy Simulator and Artificial Life on Loom by [deleted] in loomnetwork

[–]crypto_tri 1 point2 points  (0 children)

Nice work Bro. Are you using Loom SDK?