Show HN: My experimental take on a decentralized ledger
1–10 of 28 posts
Re: Show HN: My experimental take on a decentralized ledger
#2Basically, `Bitcoin - Politics`. A nice idea.
Re: Show HN: My experimental take on a decentralized ledger
#3Cool. I really liked the idea of Stellar, but I just cant get over the premined coin distribution.
Nice to have a truly decentralized alternative!
Re: Show HN: My experimental take on a decentralized ledger
#4It's interesting that it says that "Warning: Requires Postgres 9.5. You WILL lose sync if you run against an earlier version. YOU HAVE BEEN WARNED."
Which PostgreSQL features new in 9.5 are being used that cause that? Or are earlier versions somehow buggy?
Re: Show HN: My experimental take on a decentralized ledger
#5How would this prevent a flood attack ? What I mean is in Bitcoin and presumably Stellar, you need coins to create transactions. There is therefore a cost to spamming the system.
Re: Show HN: My experimental take on a decentralized ledger
#6It's interesting that it says that "Warning: Requires Postgres 9.5. You WILL lose sync if you run against an earlier version. YOU HAVE BEEN WARNED." Which PostgreSQL features new in 9.5 are being used that cause that? Or are earlier versions somehow buggy?
I'm using upserts... The reason I'm using upserts is basically just lazyness because I didn't feel like refactoring the source code to work around requiring upserts. Also, I'm not very confident in C++ so I did not want to take on that task.
Re: Show HN: My experimental take on a decentralized ledger
#7How would this prevent a flood attack ? What I mean is in Bitcoin and presumably Stellar, you need coins to create transactions. There is therefore a cost to spamming the system.
It doesn't prevent a flood attack. The challenge in this approach does not lie in "preventing it" but in "dealing with it".
Re: Show HN: My experimental take on a decentralized ledger
#8Basically, `Bitcoin - Politics`. A nice idea.
It's also `Bitcoin - all_the_hard_problems_bitcoin_solves`. Still nice but you can't compare it with Bitcoin. This is more the sort of service banks could use to track loans.
Re: Show HN: My experimental take on a decentralized ledger
#9> Transactions are FREE (the fee is always zero)
How would you deal with DDoS attacks? Taking down a ledger like this could be easy...
Re: Show HN: My experimental take on a decentralized ledger
#10> Transactions are FREE (the fee is always zero) How would you deal with DDoS attacks? Taking down a ledger like this could be easy...
> How would you deal with DDoS attacks?
That's the open question.