HomeNewsCrypto Coinbase and GDAX Control 3.5% Of The Entire Ethereum Supply Crypto, NewsEthereum’s 2017 Roadmap: Flexibility, PoW to PoS, Improving Ecosystem This story was shared from this site Ethereum has been one of the best performing digital assets this year, due to the Ethereum Foundation’s smart partnerships strategy.Read previous post:What Does Bitcoin Scaling Mean for the Common Man?There is a huge debate going on the bitcoin scaling issue in the bitcoin world but most of the common...CloseIt looks like you're new here.If you want to get involved, click one of these buttons!Sign In Register Categories Recent Discussions Activity Unanswered Best Of... Categories All Categories Mining Pool Discussion General Project Discussion (non-technical) Education Protocol and Client discussion web3-js Whisper Swarm 2 RLP IoT & Hardware Smart Contracts and Dapps Serpent Solidity Projects Reference clients code and builds Eth & AlethZero- Cpp Implementation Geth - Go Implementation Mist Node.js Implementation Python Implementation Mix Other Implementations Meetups Other Events Jobs & Skills Press and Articles Audio/Video Ether Sale Other Languages Chinese German Italian French 2 Hebrew 6 Japanese Portugese Romanian Russian Spanish Turkish Watercooler POS vs POI Draugh 13 March 2015 in Protocol and Client discussion 0 Comments GeorgeHallam 229 March 2015 1 startrek 2 March 2015 GeorgeHallam said:Got any whitepaper links for PoI?

This is the consensus of NEM, you might want to ask in the forum, they have not yet released 100% of the code.1 Draugh 13 March 2015 0 21xhipster 15 March 2015 0 chriseth 170 March 2015 0 Draugh 13 March 2015 0 Draugh 13 May 2015 The whitepaper is hereblog.nem.io/nem-technical-report/ 0 Draugh 13 May 2015 GeorgeHallam said:Got any whitepaper links for PoI?zelf een bitcoin makenThe whitepaper is hereblog.nem.io/nem-technical-report/ 0 tagfu 2 May 2015 Skimming the whitepaper now.bitcoin astrologyOne part I'm not getting: Some actors can boost their importance by splitting their accounts or or sending transactions to other accounts to mimic economic activity.raspberry pi bitcoin setup

Because PoI scores sum to unity, other rational actors should take the same actions.This would cause the expected benefit to disappear.(37) By "take the same actions" do they mean that faking some share of your transactions becomes the equilibrium, or that normal economic activity will drown out any advantage to be gained through fakery?0 Draugh 13 May 2015 I think there was some difficulty in translation in that part.The writers are German and Japanese.I would suggest asking the authors here.//technical-discussion/nem-technical-reference-feedback-thread/ May 20150 Draugh 13 May 2015 0 tagfu 2 May 2015 0 levi 11 May 2015 0 NEMofficial 2 May 2015 0 Bluefin 47 May 2015 levi said:Doesn't POS and POI, both, make it hard for new people to join the community?It is transparent to the user.1 Draugh 13 August 2015 0 NEMofficial 2 August 2015 1 reuben 3 August 2015 Draugh said:Disregard my previous comments.

I have seen evidence that POI and NEM is a fraud.The information will be published soon I am told.I was a NEMStake holder (that has already redeemed hence the past tense).My XEM that I got from my stake is now worth a whole lot less than when I bought it for.Yet, I think this is a very irresponsible statement to make.If you are going to allege fraud, then you should back it up.Almost all coins have some sort of controversy.Ethereum with their 'wasted funding', Dash (formerly known as DarkCoin), with their error in recalculating block difficulty in its early days but I think you will find it hard to call these projects scams.Poorly managed maybe, but fraud...NEM like these other projects, had its own fair share of drama.Due to their early distribution method, to give XEM stakes away for free (way back before even it was launched), this was highly abused and many created sock puppets to get more free coins including their 'leader' UtopianFuture back then.You can read more here.UtopianFuture dropped out and was never seen again while the key members of the project carried on without him.

A lot of these sock puppets were identified using IPs, browser fingerprints and taint analysis which was a very tiresome process and their stakes revoked (and obviously making some people unhappy).The whitepaper is out for POI and it will eventually be open source.It may be unproven, but in some ways so is PoS.Both POI and POS have running implementations and have been tested.Does that make PoS (the proposed method of securing Ethereum in Serenity) a scam?POI may have some work to do to get proper recognition but the allegation of fraud which implies intentional fault built in, is frankly, unwarranted.1 shawnleary 20 August 2015 1 reuben 3 August 2015 Bluefin said: levi said:Doesn't POS and POI, both, make it hard for new people to join the community?Well with POI, it's hard to get 'rich' via harvesting with it as to get a higher 'importance' score you need to spend it.POI rewards economic participation.POS rewards just holding.This is the problem that POI hopes to solve which is to disincentivize hoarding.This no worse to let's say POW in BitCoin, which if you aren't buying off an exchange, requires you to buy expensive specialist hardware that won't even net you 1 coin while driving up your electricity bill unless you have economies of scale.