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LegendaryActivity: 2128Merit: 1009Newbie Re: Qubic - Quorum-Based Coin April 21, 2014, 04:50:09 PM #102 Quote from: chanc3r on April 21, 2014, 09:00:30 AM Quote - Network-bound proof-of-work instead of CPU-bound one is used



DISCLAIMER: In advance apologies if I've got this totally wrong



Is the Network PoW similar I wonder in concept the the utility/network/importance participation proofs being proposed in some of the NEM forums.



If you are trying to achieve true decentralisation, how do you take into account that the internet is not decentralised, in fact it is becoming more and more centralised in terms of bandwidth and cpu with cloud based hosting centres...



If you are in a major city in a western country then you can participate well in a network based system, with more bandwidth, faster response times etc...



if you are in a rural area or a less well connected country then your participation will be lower...



This will lead to people in the US for example easily/quickly gaining better reputations than people in africa or eastern europe...



Or perhaps there would be regionalisation so a node in eastern europe would see more network local nodes with which it naturally does more transactions as having more of a reputation then a node in the US which it talks to seldom...

Or is the reputation for a node levelled and set network wide?



Or are you just trying to achieve a logical decentralisation and the whole network could exist on VPS in one data centre?



DISCLAIMER: In advance apologies if I've got this totally wrongIs the Network PoW similar I wonder in concept the the utility/network/importance participation proofs being proposed in some of the NEM forums.If you are trying to achieve true decentralisation, how do you take into account that the internet is not decentralised, in fact it is becoming more and more centralised in terms of bandwidth and cpu with cloud based hosting centres...If you are in a major city in a western country then you can participate well in a network based system, with more bandwidth, faster response times etc...if you are in a rural area or a less well connected country then your participation will be lower...This will lead to people in the US for example easily/quickly gaining better reputations than people in africa or eastern europe...Or perhaps there would be regionalisation so a node in eastern europe would see more network local nodes with which it naturally does more transactions as having more of a reputation then a node in the US which it talks to seldom...Or is the reputation for a node levelled and set network wide?Or are you just trying to achieve a logical decentralisation and the whole network could exist on VPS in one data centre?

Yes. Network PoW is similar to Proof-of-importance of NEM.

Qubic is medium agnostic. Proof of concept version will run on top of UDP. After that I'm going to develop a truly decentralized medium based on WiFi Direct. Yes. Network PoW is similar to Proof-of-importance of NEM.Qubic is medium agnostic. Proof of concept version will run on top of UDP. After that I'm going to develop a truly decentralized medium based on WiFi Direct.