Search found 10 matches

by pent
Fri Feb 03, 2012 6:32 pm
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

==cut==

doesnt work
by pent
Fri Feb 03, 2012 6:25 pm
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

I am happy that someone replied ))) The problems: 1. Coins are destroyed (subj). I am silent about this phenomenom itself. But miners verify the domain transactions and they must be interested in this process, so they must be rewarded. Coins must go to miners, but following tricky way to avoid infla...
by pent
Fri Feb 03, 2012 3:59 pm
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

==cut==
doesnt work. bounty price decreased, so domain proce decreasing to Zero too. need improvement
by pent
Fri Feb 03, 2012 10:19 am
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

Figure above is vulnerable to name registration DoS, which can spike difficulty.

May be need to separate emission/transaction namecoin mining and domain oprations mining.
by pent
Thu Feb 02, 2012 6:37 pm
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

I am disagree. Reposting my message here: Okay. Let my chaotic mind continue to travel from critic station to the solution proposal station. How bitcoin deals with increasing bounty hunters? It has a positive feedback between network power and work difficulty. I.e. number of people (actually their c...
by pent
Tue Jan 31, 2012 9:56 am
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

There is an evil squater which has 1Ghash/s mining power. With a difficulty 518525.94130231 he will get 1.94 NMC per day. Day left, he mined 1.94 NMC and bought 194 domains. If you pass that 1.94 NMC as reward for block solving, his total daily revenue will be increased by 1.94*(his_power/network_po...
by pent
Tue Jan 31, 2012 9:31 am
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

If miners get the fee it means miners can register names for free. So any miner mining blocks will just fill them up with their own names and get the fees back. Well, then turn off mining to do not let them earn and buy domains... I confused, where is the logic? They mine - they are able to spend m...
by pent
Tue Jan 31, 2012 6:53 am
Forum: Project direction
Topic: A lot of coins are lost, it should be changed
Replies: 44
Views: 45024

Re: A lot of coins are lost, it should be changed

Waiting will not change that problem. You pay 5, you get back your 5 in next block => still free. Squatter's paradise ! (see below :p) It would be more difficult to do that... And worst, you can just reserve any name you can with your namecoins (just spend 1000$ ?) and sell some of them at high pri...
by pent
Mon Jan 30, 2012 8:28 am
Forum: Project direction
Topic: NameCoin as an I2P name service
Replies: 6
Views: 11321

Re: NameCoin as an I2P name service

Proposal posted to i2p developers

http://zzz.i2p/topics/1091?page=1#p4333
by pent
Sun Jan 29, 2012 5:41 am
Forum: Project direction
Topic: NameCoin as an I2P name service
Replies: 6
Views: 11321

Re: NameCoin as an I2P name service

This is what im talking about :)

I implemented some basic beta support for .bit domains in i2p

http://i2psupport.org/