Did you do this, it would be interesting to know.
I personally enjoy the low price and really out of curiosity I looked at who caused the last dump to 8 cents and it was one player who moved 500k emaid to ant of which he dumped 100k.
Otherwise, from the miners, there are 3 addresses taking about 5000 ant in total per payment, which they immediately sell and move to the same address in OKX.
I donât see anything to worry about, I personally have the budget to keep my nodes online for 2 years without selling.
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I find so much that is curious here. Mostly the human reactions to many things with an opposite binary proposal to whatever feature etc. is there.
This community is pretty strong though and many do search for whatâs in between the 0 and 1 type debates and arguments. So even when people are strongly of the belief of X they can still look and understand the Y position and go from there.
In the last while I have found myself to be super relaxed, even with bugs, emissions and more and feel like I am just looking into a fishbowl where there is almost random motion and many times all the fish attack each other. I am not sure itâs because of my recent issues or my continuous feeling that it cannot be about money, well not any more than function. I do believe in todayâs world function creates value and that value has a price folk should pay etc. But anyway I am not focussed on the price or rewards in any great detail (thank God Bux etc. are, as well as many in the community).
So it all fascinates me as we internally work on all the issues, Engineering and business side of things and also the community side of things. I am also curious about the deep and long debating and thinking that happens, then a post and immediately so many folk seem to know immediately so much more without all the deep thinking. Who is right and who is wrong.
But mostly I hope we continue to be seeking truth and knowing we cannot bend life to our desires and also that debate is good and healthy but language is important and when language getâs barbed, accusatorial or insulting , then the debate fails. The screaming about this thing called maidsafe or autonomi as an object that thinks for itself and decides things we donât want is also interesting. That seems to be lack of shared communications and thoughts, but also what can you safely share and what is dangerous to share (given spammers and scammers are always looking for ways to steal or corrupt etc.).
Lotâs to learn here about development, support and humanity and they are all super interesting in their depth. Anyway I am havering along here, but I do find it all fascinating and surprising folk are actually being affected to such depths as to change personalities etc.
Cannot blame folk but perhaps an indication of what happens when folk are paid out, including equity investors. Prisoners dilemma
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The duality of existence is such that we all play against each other in the short term and with each other in the long term⌠We compete in the present moment for the same resources, but in the long term we understand that we cannot survive without each otherâŚ
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Great to see that post here.
Do you think having a truly huge number of nodes is a risk though (vs data stored)?
I hadnât given it loads of thought, but the higher the node count climbs vs amount of data stored, arenât we inviting a google attack on the network?
Itâs reassuring to hear that one honest node speaks with a louder voice, but the data vs node ratio seems to be getting rather extreme.
I think the length of time is an issue for some.
There are some investors now well into their pension, who started off as working folks. How much longer so they wait? ![]()
I can also feel the frustration that just as we are finally out of the gates, after decades of waiting, that the price collapses. Itâs like the opposite of expectations. You hold in the build, waiting for the boost on release, but that hasnât quite worked out.
So, more HODLâŚ
Mentally, thatâs tough for many. Iâd have loved to release some tokens and jumped to push more on Autonomi app building, personally, but that has to wait too. Thatâs a shame.
For new comers, this must be a golden opportunity though. Itâs actually getting close to original ICO price, which is crazy considering how far the risk and timeline has been reduced.
For existing HODLers, itâs a test of buying opportunity vs being in too deep already though.
I understand the torture. Thankfully, I have no pressure to sell, but I get it. It can be tough and that can change folks.
I honestly just think, it is what it is. The assumption is that is somebody attacking us or stealing from us or whatever and I am not in the camp where I know. I am not really sure I care all that much either. Itâs like going for a sail, sometimes that waterâs rough and sometimes you could even sink, but it is what it is.
The unfortunate thing here is bugs, bugs that show in real life and in huge networks that never seemed to exist in smaller networks or our own testnets in house (where we do have unreachable nodes and simulate many NAT types). So there is value here. It has forced us to look deeper into kademlia and do high level presentations on that and then Engineering deep dives to deeply understand the non obvious things that lurk in that beautiful algorithm, a bit like gossip where it seems wrong and should be optimised, to only find the optimisation was totally wrong.
I feel itâs like Feynmanâs description of nature, where itâs a big game of chess that we only understand a corner of the board. Then all of a sudden a piece moves diagonally and we are shocked. In kadmelia, networking and gossip, this is also the case. Very very easily and Engineers can say, âhey I can improve discoveryâ or âHi I can make the network more stableâ and then tweak those parameters and they work brilliantly UNTIL the network scales to huge numbers and then, BAM, a new chess piece appears you never knew about.
Unlike nature though, Kademlia, gossip and network are all where we can see the whole chessboard if we look very very deeply.
So without seeing the whole board, tweaks and code get introduced to âimproveâ the network WHILE ITS SMALL, but then it grows and you see more of th aboard and cannot figure out why itâs not working the same. Then you have ego, folk are determined they tweaked something to fix the algorithm and now it should be clear they were not looking at the whole chess board.
So yes, the bigger the network the better from my perspective as the view of the chessboard should be clear now, just need to find all the tweaks and get them out when they prove to be actually limiting (i.e. stuff like keep doing network discovery too fast per node and so on)
Only if there is a sybil attack happening and those bad nodes probably donât hold the data. So that is OK AFAIK
My hypothesis is that a large holder (for example, someone of the capacity of Mr. Swiss Banker) is protecting his million dollar investment with the millions of nodes, but he did not foresee that they would have to be updated and he needs time to arrange itâŚ
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Can you elaborate on âextreme casesâ where a close group is dishonest in its entirety and would be able to double spend? I think itâs a win if you can explain how this wouldnât be possible once there is a native token. I have read through most if not all documentation and have yet to find evidence.
I am sure token price would 10x overnight if you can (not that it matters so much at this stage), but onboarding investors seems important and i personally would love to have some more exposure as well.
It wouldnt be far fetched to think 50% of current nodes can potentially be part of same close groups as a single or two entities were spawning these en masse
I suspect this is why having a combination or you and Bux provides a balance.
Clearly, you love the challenge of making the technology work. Seeing what challenges come with a big network as a learning opportunity illustrates that. What better time to learn, than at the beginning when the stakes are relatively small?
This focusses on the future, while keeping an eye on today.
On the flip side, a working and efficient network is needed to sell the idea to users and investors. This is the Bux angle. It puts a pressure to deliver something today, while keeping an eye on thr future.
Somewhere in the middle, is the path to success. Iâm very glad the team has both of you, along with the excellent folks that surround you! ![]()
There is no such thing in our case. The DISTANCE measure is just bigger, so we should always find a close node with very high probability. Then on top of that you can traverse back in the DAG as far as you wish, so the defence multiplies in a polynomial fashion which is beyond exponential.
If you imagine a group may be 100% bad nodes and each group back in the DAG is also 100% compromised then you could have a double spend etc. or rewrite of the whole DAG and all money, but you are getting to the network holding almost zero honest nodes and close to 100% bad nodes. At that time it wonât matter.
However itâs a bit like asking what if we take the extreme case of a dead body, can your pill cure that
Itâs all probability and the figures are quite significant if you start working them out. Perhaps somebody with an AI and Wolfram could do that mind you. However that is the kind of thing we would want to do at native token time, but itâs also valid for any piece of data, although much of th unmoral data is not part of a DAG or progression, i.e. chunks which can only really be withheld as opposed to changed (again with very high probability).
I suspect what most folks want to know is, how does that compare to blocks on a blockchain? How does it compare to bitcoin?
My psuedo laymans description may include the following:
- Each transaction is associated with a DAG.
- A DAG can be seen as a chain of transactions.
- Each DAG belongs to a group, but that group is validated by other close groups.
- Nodes are randomly assigned to a group on connect and cannot choose.
- Other transactions belong to other DAGs, which other groups manage.
- Groups are dynamic and evolve as nodes leave and join the network. This mixes the nodes who manage the group.
- Due to a small number of nodes being responsible for a transaction, they can scale massively, both in latency and throughput (lots of fast transactions).
- Security is provided by it being hard to join a specific group, even though changing the majority decision is easier (than blockchain).
With bitcoin,
- You have one big group that anyone can choose to be a member of.
- All nodes must validate the transaction, which means it is expensive to replace the majority decision.
- All transactions are at risk of double spend, should the majority decision be overwhelmed (only one, large, group).
- Due to many nodes being needed to validate, scaling is hard (few, slow, transactions).
- Security is provided by it being hard to change the majority decision (vs autonomi), despite it being easy to join the group.
Something like that, fact checked, would be great to publish somewhere.
It will be, I will hopefully have the time to set something up tomorrow to pull the exact data from Arbitrum.
Thatâs the beauty of blockchain ![]()
You can download all transactions by day and then process them for analysis:
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Indeed. Letâs focus on true value, not money. So much emotion right now. Never get emotional about money. Money is just the glue that holds everything together. Emotion is the fire that melts the glue. Value is fire proof. Cheers
as above, so below ![]()
Did you see the âAs above so belowâ horror movie? It was shot in the Paris catacombs. That movie scared my socks off. ![]()
No not yet, I watch everything @ 2x speed on Youtube, so if itâs thereâŚ
This might be a worser
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