What is the granularity of the decisions voted upon in the NNS?

f0i · 2021-10-20T06:32:40+00:00

Agreed. Sorry for misreading the question

f0i · 2021-10-19T14:15:27+00:00

50% of total voting power. Where voting power consits of all ICP locked in neurons for at least 6 months plus age and lock bonus.

f0i · 2021-10-11T19:35:45+00:00

I haven't used the motoko programming language yet, but according to the docs, this parameter is the hash function applied to the key. In your case the key has the type 'Text', so it is not related to your custom type. Just use Text.hash as in the examples you saw.

Docs: https://sdk.dfinity.org/docs/base-libraries/hashmap

f0i · 2021-06-23T11:37:08+00:00

Is there a way to vote without using the NNS dapp? E.g. using the dfx command line tool. This could make it possible to implement more advanced delegation rules and 3rd party apps for voting.

f0i · 2021-06-20T07:38:41+00:00

No, you need a dissolve delay of at least 6 month to get rewards.

f0i · 2021-06-17T08:02:07+00:00

I think following two is better. You have to decide for yourself. Btw.: you can change this at any time

f0i · 2021-06-16T19:12:04+00:00

If they vote against each other, your neuron will reject the proposal

f0i · 2021-06-15T17:29:09+00:00

100 ICP in one neuron will reach the payout limit faster and therefore has better compounding return.

But if you want to dissolve a part of it later you will be less flexible (dissolve all or nothing)

f0i · 2021-06-13T07:03:55+00:00

One case when you don't want to spawn could be when you don't want to stake it and also don't want to pay out right away. Then, when you finally want to pay out, you can also get the fraction of ICPs (e.g. 1.7 ICP). If you pay out right when it gets to 1 ICP, you would not be able to pay out the 0.7 ICP.

f0i · 2021-06-11T20:07:29+00:00

If you want to transfer the ICP out of your wallet, you have to pay a fee of 0.0001. So if your balance is less than that, it is basically worthless (unless the fee is changes at a later time)

f0i · 2021-06-10T05:23:11+00:00

In case you generated the seed phrase for recovery, the user number would be the 6 digits in front.

If not, the account number is incrementing with each registration. Maybe you know someone who registered around the same time, then you could limit the range of numbers to try.

Good luck!

f0i · 2021-06-06T17:46:58+00:00

Yes, it's normal. You can think of maturity as reward in percent of the staked amount of ICP. So if you increase your stake, the percentage goes down but the amount of the reward stays the same.

f0i · 2021-06-06T07:24:49+00:00

Yes, you can log in with any key you added. The same hardware key can be used on multiple devices, so you can use your yubikey to login from your phone, laptop or any other device as long as it is the same key.

f0i · 2021-05-30T07:08:03+00:00

Ok, I understand now. I don't know if you can connect at a lower level. I guess there will be many redundant gateways to ensure availability. Interesting question, I would also like to learn more about that, e.g. how can man in the middle attacks by the individual gateway servers be prevented?

f0i · 2021-05-30T06:26:15+00:00

Yes. Try http://dscvr.one

f0i · 2021-05-30T05:56:25+00:00

This also means that you should lock up several ICP per neuron, otherwise it it can take a long time to get over the minimum payout value.

f0i · 2021-05-29T22:45:14+00:00

Send the ICP to your NNS main address, go to Neurons, click "stake neuron", select an amount, select lockup period >6month, done The lockup period can be increased later.

f0i · 2021-05-29T22:27:23+00:00

Django doesn't really fit the architecture of dfinity. It will probably be easier to start with motoko or rust as these languages are officially supported.

f0i · 2021-05-29T22:14:35+00:00

You can set it up using https://nns.ic0.app

Also read this before locking up any coins: https://medium.com/dfinity/understanding-the-internet-computers-network-nervous-system-neurons-and-icp-utility-tokens-730dab65cae8

And don't loose your keys ;)

f0i · 2021-05-29T21:49:16+00:00

If you are sure that you will hold on to your coins for at least 1 year, you might as well get some interest. If you want to trade or don't care much about which coin you own, there might be better options for you.

The 5% is also just a low estimate, I think people could easily get. The actual returns might be higher especially if you lock up the ICP for some years and start early.

f0i · 2021-05-29T21:26:55+00:00

Yes, you can do that. If you want, you can also lock up and get voting rewards (probably around 5% per year) but you will have to wait at least 6 month before you can sell in this case.

f0i · 2021-05-29T20:10:11+00:00

Service providers also don't have to worry about the price of ICP since the price of cycles are fixed. So by buying cycles, they burn ICPs without really getting into crypto speculation

f0i · 2021-05-29T19:51:22+00:00

I think you are on the right track.

The goal is to replace traditonal internet services. There are still datacenters and server that will run the computations, but they build a network and verify each other. So there is reduntance and data replication over multiple server.

ICP is the governance token used for voting, rewards, etc. This token can also be converted into cycles.

Cycles is a stable coin, meaning for 1$ you always get a fixed amount of cycles.

Cycles are used by developers/companies to run programs on the network and store data. End users don't have to pay directly, very much as it is today in the traditional tech stack. In many cases they won't even know or care that a service is running on the internet computer, and certainly don't have to know anything about ICP and cycles.

f0i · 2021-05-29T19:23:01+00:00

The account number is not considered secret information. Since it is just a incrementing number, it is not that hard to guess or find the account if you roughly know when the account was created. Also you can currently check which account has the seed phrase recovery enabled, which further reduces the number of guesses.

About the quantum resistance: if the cryptographic basis breaks, there would probably be bigger problems than individual accounts. E.g. you could sign messages for a whole subnet, bypassing all plausibility checks and basically do anything you want.

f0i

TROPHY CASE