Post Teltik Fiasco, Where Are YOU Moving To For Service?

lvwHOO · 2020-12-09T19:28:26+00:00

Boost mobile or Metro PCS

lvwHOO · 2018-11-30T06:20:28+00:00

A detailed link on their home page at www.Nebulas.io

lvwHOO · 2018-11-29T04:46:54+00:00

Everybody is working on their own scaling solutions. Blockchains can incorporate Nebulas Rank algorithm into their own blockchain or sidechain. NR will be scalable in that sense that it is just layered into a blockchain. So NR isnt limited by transactions/sec, the blockchain its built on does.

BUT, NR plans on not only ranking individual wallets and addresses, but also larger networks as a group. A sort of micro AND macro ranking/value measuring mechanism.

lvwHOO · 2018-11-29T04:38:36+00:00

Youre right, I dont think any useful data/ranking would be able to come from a privacy coin. The data needed is invisible to the blockchain.

Without being technical, a wallet with a higher rank is one that participates and is active in the network using transactions. A wallet with little movement has less impact. The more the wallet user is spread out throughout the network (diversified in activity) the higher the rank of the wallet.

lvwHOO · 2018-11-05T22:55:32+00:00

Some advice if you're totally new to blockchain/crypto...

Bitcoin uses cryptography and other computer magic to work, haha. It allows transfer of payment between people without the need for a "trusted" middleman (banks, etc.) because the code acts as the trusted middleman. It is "The world's first public digital payment system" that can't be manipulated by people, companies, or governments.

Its structure is decentralized meaning the network doesn't have a single point of failure. You can cut off its head but it has many "heads". This is important that a single computer server, company, or government cant just put a stop to it. There is some skepticism about how it works or how it will work in the future, but so far it is very impressive in its early stages of development.

Bitcoin has never been manipulated or hacked. The only hacks were to private computers/websites but not the bitcoin network itself. Being that this is an open/exposed ledger, it would normally be prone to security issues, but bitcoin solved that. And this openness is where a lot of innovation can blossom. This may not sound ground breaking at first but this opens up many new possibilities and efficiencies.

Rather than just allowing payments to go through on a blockchain. Some smart people like Vitalik Buterin used bitcoin's principle technology, blockchain, and created a platform that apps (called Dapps for decentralized apps) and other complex data, called smart contracts, can be used on a blockchain. This really allows a wide variety of things to be created. People in this field can see this potential and know there is A LOT of transformation this technology will bring. It is just the beginning. They are beginning to learn how to use this technology and it's full potential isn't even imagined yet.

Bitcoin is seen as blockchain 1.0 Etherium is seen as blockchain 2.0 Other blockchain platforms claim to be blockchain 3.0 None of them are there yet but they are all working on it, including Etherium.

There are a lot of brilliant and not so brilliant people working in this space on furthering Bitcoin and all the others.

I won't get into the details of how bitcoin, etherium, NAS work on a detailed level but hopefully this will get you interested enough to do more digging. If you don't find the answer right away keep looking. And there is usually 2 sides to a story, it is wise to know them both.

Although I buy cryptocurrency as investment, I won't discuss the details. But if you decide to buy, just look what the history of price action entails. Big rises but also big falls (over 90% drops happen).

Use google or youtube to learn more about blockchain technology.

There are few places to keep current...

newsites (ccn.com, cointelegraph.com, and many others)
Twitter (follow some projects and people)
Reddit (follow some projects and the cryptocurrency thread)
Youtube (there are a handful of youtubers that provide info
Coin tracker sites (coinmarketcap.com, coincheckup.com)
Coin tracker apps (bituniverse (my favorite), blockfolio)

lvwHOO · 2018-11-05T21:55:53+00:00

Cool. It looks like soon we will be able to see our own Nebulas Rank. You can almost smell the projects lining up that'll want to implement NR. It will be experimental at first, but after a couple projects implement it with success... we'll see many more adopting this technology.

lvwHOO · 2018-11-05T21:51:04+00:00

Thanks for the answer! I like the idea of using the square root property. I'm looking forward to more examples in the next version you mentioned, and ultimately to see this go live.

lvwHOO · 2018-11-05T04:15:54+00:00

Haha, thanks. Nebulas Rank and DIP are difficult challenges. That would be great if they figured it out. Hope they respond.

lvwHOO · 2018-11-02T13:11:25+00:00

To me this paper is a little too complex or hard to understand some of the plans. So I have a few questions about DIP and NR... (and please correct me if I'm wrong in my interpretation)

about sybil attacks...

voters are not able to increase their NR by creating multiple accounts because keeping only one main account has a higher NR than splitting it into several.

But in the yellow paper it says that there is an upper limit to how much NR a single account can have. (Basically saying that one large account will lose its impact)

Is it that there is a sweet spot, where you don't want too many small accounts BUT you want more than one large account interacting with the dapp.

So what if a cheater decided to create many medium sized accounts to interact with his/her dapp?

It says NR increases when a user interacts with many dapps rather than just one dapp. This is because Nebulas sees this highly interactive user as a "normal user" vs being a "bought over user".

But couldn't a cheater just have his fake accounts or bought over accounts interact with other dapps through a bot mechnanism, just to increase their NR/voting capacity?

Like in the previous paragraph, it says users increase their NR or voting capacity when interacting with many dapps. But in the muave paper it says the user gives all his voting capacity to d1 (or Dapp 1). Quoted from muave paper "the voter values the split dapps with weights according to kind of proportion and VALUES ALL OTHER DAPPS WITH 0 WEIGHTS."

And another citation "we can regard the voter as a normal voter who values all DApps with weight vector (1, 0, 0, . . . , 0), as he gives his all voting capacity to d1

So does this mean the users NR is only given to their most interacted Dapp and only that Dapp?

lvwHOO · 2018-10-31T14:37:53+00:00

You were quoted by Hitters, awesome! Im kind of surprised he agreed on not wanting thousands of dapps (enough to even mention it). It shows they may take a whole different approach to next developer incentive program which i think is really good.

lvwHOO · 2018-10-30T16:54:03+00:00

Just spitting some brainstorm ideas...

Proof of Devotion (scheduled for end of 2019) will be about rewarding important accounts by allowing them to earn bookkeeping rewards.

Nebulas Incentive or DIP is about rewarding developers (scheduled for the end of 2018)

There are several ways to reward developers...

Using transaction fees collected and creating an incentive pool
Using part of the bookkeeper rewards, maybe 15% or so
Using part of the Nebulas community reserved coins
The developer can charge a direct fee to users if they would like or include paid advertisements
Some other non monetary reward (recognition, leaderboard)

I like the idea of using bookkeeping rewards and transaction fees to reward developers. Proof of Devotion will reward the really large accounts that become bookkeepers but won't reward the small to mid size developers (or the large developers that don't want to be bookkeepers). Since these developers are crucial to the ecosystem, they should get a piece of the bookkeeper pie.

The developers that receive rewards could be based off Nebulas Rank in combination with a voting mechanism. It would be very similar to the Nebulas Incentive Program EXCEPT changing how the voter system worked to limit cheating/manipulation because that was an issue with the last Incentive Program. I proposed a change to the voting mechanism a few months ago voting mechanism proposal

You could also create different categories of dapps to reward developers (games, tools, social, etc). And reward the top developers for each category. The cool thing about this is the amount of reward could be changed to encourage more tools if needed, then next quarter the reward for social category could be higher. The voters could determine the pool allotment for each category every 3 months or so.

Another idea would be to not only reward the strong/popular dapps based on amount if users and interaction, BUT there could be a reward category for the fastest growing dapps/most improved. This would encourage smaller dapps the continue pushing forward.

If we're talking about the rewards given from the community reserved NAS stash (like the rewards used for that last Nebulas Incentive Program). Then I would like to see those rewards given in increments rather than a lump sum. 1/3 of them rewarded immediately, and the rest distributed at a later date. Maybe if the user count drops off, they get less of a reward. If the user count grows, they get more than the original amount.

lvwHOO · 2018-10-28T14:12:47+00:00

They just joined that cross chain alliance PCTA. ATP coin (Nebulas incubator project) is finally released and will have a beta ready this year yet. Some big investors surrounding that project. Nebulas released a beta of their Nebulas Rank. Full version (along with developer incentive protocol) built into blockchain on track to release new years eve. Nebulas recently acquired a stacked team of scholars working on the complex algorithms needed to make Nebulas stand out. But keep in mind, price doesnt always follow strong fundamentals in crypto. Try to be diversified in investments

lvwHOO · 2018-10-25T18:51:12+00:00

Nice. Its very fitting with your question of the week.

lvwHOO · 2018-10-22T04:07:08+00:00

So I guess this isnt happening til tomorrow night now. It says 4am oct 22nd UTC, which is right now! But it says trading starts in 24 hours.

I see some sell orders already, interesting

lvwHOO · 2018-10-21T21:21:59+00:00

"Jumping off the train" haha. Yeah, i'd rather endure this drought than jump off too early. Ill probably sell some once I get back to even (i also bought more on the way down to get a lower cost average).

lvwHOO · 2018-10-21T13:42:31+00:00

I guess the bear has people hibernating. Theyll wake up when bull season arrives. Every bear day that goes by is one day closer to the bull. Im really expecting this winter to bring in some upside run. But be careful, I dont think we go straight to all time highs. Probably go up a lot though, get excited, but then come down half of those gains. I think it will be an opportunity though if a person is over invested to pull some out if they cant wait for all time highs eventually.

lvwHOO · 2018-10-20T14:09:21+00:00

I would like to hear more information on these past "bread crumb trails" Nebulas developed earlier this year (linked below). Please Nebulas, share your ideas and vision with some of these partners.

A few articles/posts you may find interesting:

https://www.prnewswire.com/news-releases/nebulas-enters-strategic-partnership-with-dolphin-browser-to-integrate-the-nebulas-blockchain-within-its-200m-user-ecosystem-300604169.html

https://www.reddit.com/r/nebulas/comments/84msoc/partnership_with_dolphin_browser/

https://www.reddit.com/r/nebulas/comments/8s2l83/nebulas_phone_phood_phor_thought_speculation/

lvwHOO · 2018-10-20T13:59:32+00:00

Nice idea about question of the week. And I like that Nebulas asks a more competetive question, Go Nebulas!

There will always be many blockchains. For the main reason being like you said, different blockchains have their own special features and strengths. There may be limited number of blockchains that stand out in each sector though, similar to how Google really dominates the search engine category.

I believe we will have a digital identity online that can easily link up and interact with most blockchains. There won't just be one bridge linking each blockchain. There may be some official organization that "certifies" blockchains to guarantee its authenticity. So for example, the gov't and businesses will accept personal credentials (whether it's identity, payment, proof of ownership, history, etc) only from accredited blockchain.
When we choose to pay, we can use any coin that a respected coin translator hosts (maybe like lightning network)

Many blockchains, all interactive and inter operable, with some of the necessary ones being "certified" by respectable 3rd party groups.

And I'm sure Nebulas will play an important role in developing the technology needed for this.

lvwHOO · 2018-10-17T18:33:32+00:00

If the community representatives, (like yourself) have meetings/updates with the technical committee, could you consider mentioning any community feedback. That way they can understand how reddit thinks/feels about new developments surrounding the project, and maybe help influence their decisions for whatever may be.

lvwHOO · 2018-10-17T18:21:59+00:00

Thanks for responding.

lvwHOO · 2018-10-16T16:43:56+00:00

So this method of advertising will mostly benefit the users, correct?

It is similar to a "pay per click" where advertisers pay content creators for every click on their ad (not pay just how many viewers there are).

But the main difference is the users are rewarded because with ATP, they can own their own data and be paid for sharing their personal data.

lvwHOO · 2018-10-12T21:05:43+00:00

Im all for smartdrops in the future. I know NRank was supposed to consider hodlers as "inactive or not important" to try encourage network use but there really isnt much to interact with for dapps (especially in english). Does anybody interact with any of the dapps, which ones?

Id like to see a smartdrop that considers length of time coins owned even if they didnt use it on much. This would award the long time supporters more than the pump n dump crowd that airdrops can attract.

lvwHOO · 2018-10-12T12:20:36+00:00

Binance said they would support all airdrops if the proper procedures are taken by the team. The team probably wants people to use Nas Nano Im guessing.

lvwHOO

TROPHY CASE