Update 09 February, 2023

Nodes have to behave well for a longish time before the network will begin to depend on them, so any that only last a few hours will not have much impact when they leave and will not earn SNT.

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None of this is being designed by ChatGPT right?! :scream:

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Not yet :slight_smile: I have always thought though the neuroevolution pattern at some stage would be where safe goes eventually (generic programming ++). For now, it’s just us mice though :smiley: :smiley:

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Congrats on setting up the Swiss foundation!

Does FINMA need to formally confirm they see it the same way? Or are we good by just submitting this?

Great update :+1:

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Thx 4 the update Maidsafe devs

Great to see these community initiatives :heart_eyes:

IPv6 adoption is low
https://www.google.com/intl/en/ipv6/statistics.html#tab=per-country-ipv6-adoption

It’s maybe also a hint where the SAFE Network might work smoothly

:clap: :clap: :clap: do keep hacking super ants

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A placeholder site has just gone up: https://safenetworkfoundation.org. It’s to get a presence up for the FINMA, but we are currently working on a broader web footprint for the whole thing.

The registration is online over at https://www.ge.ch/. You may need to sign up etc though, and a bit of French. Pretty unexciting, but a good milestone!

The MaidSafe Foundation will continue doing its thing. It’s related to the Safe Network Foundation.

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Yes they do, and we have a couple of months wait ahead of us for that, but the signs are good. Looks pretty straightforward from our expereinced legal team’s POV.

But even if FINMA see it slightly differently—which we don’t anticipate—it’s no drama, we just have to go through an additional process.

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Thanks @JimCollinson. Reading the Foundation website I can’t scroll all the way down. It stops partway through the first sentence after ‘About’. Firefox on Android. Same with DuckDuckGo (Chromium).

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Cool, thanks, I’ll take a look

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#WFM here on Brave and Ubuntu on the PC

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I suspect it’s a mobile issue - try shrinking your window width to about five or six words.

Anyone’s French up to this?

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Non, mais j’ai trouve cette bouton a la top tres handy.

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Apparently all mobile users speak French (and don’t need to read to the end of the page :rofl:)

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c’est vrai, mon petit piscavore

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12 posts were split to a new topic: NAT Traversal - possible ideas and solutions

I appreciate the clarification/confirmation. So there are two main concepts:

  • A) Moving to a collection of keys instead of using DKG to represent the same collection of keys. This is feasible given safe’s design, e.g., for funds transfer, confirming agreement between the elders can be off-loaded onto the client.

  • B) Introducing a stable set consisting of elders and adults that don’t relocate, with newly/recently joined nodes representing the unstable set that must go through a period of relocations to prove themselves in order to graduate into the stable set.

It seems A and B are independent, i.e., A could be implemented without a stable set concept and B could be implemented with DKG. And of course they can be implemented together as is being undertaken.

All good ideas (with implications/caveats that have to be figured out of course). I’d only add that, unless there’s a critical flaw, going ahead with the current design and later upgrading with these two new features (A and B) wouldn’t be a bad idea.

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I’m still confused as to the difference between the two of these and why it matters in the grand scheme of things once SAFE launches. If you can pay your taxes in bitcoin (which also sounds a bit nuts because who in their right mind would let government track their bitcoin account and why would it matterif they had multiple accounts) then isn’t BTC a security? And if it is then if someone trades it for SNT which is a utility token then what’s the practical difference economically speaking? A widget is a widget and if it’s fungable and has value when that makes it a currency. I’m kind of confused as to why there is a debate about whether it’s called a security or a utility token as it seems to be so much nonsense legalese to me and make no practical difference in the real world, digital or physical. I’m mean it’s great you’re getting the paperwork done and if calling it a utility token makes the lawyers and politicians happy then fly at it, it just seems like so much useless fluff and insanity to me unless someone can explain the hard difference.

How old does a node have to be in order to be considered geriatric enough to be called an elder?

So… this isn’t really about age of nodes but rather the loading time of nodes and how long they’ve been on the network. And when they log off they reset/die. Though if there is no age time how is the difference between child, adult and elder determinated? If time < x then node = child. If time < x && > y then node = adult? If time > z node = elder? But then that still is defining ages just by a different calendar. Like how are such things defined.

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A gift card is not a security but a “token” for purchase of goods from that store.
SNT is a token for the purchase of resources.

A gift card could be traded if for some reason it was for certain products rather than x$ of products.
SNT is not for x$ or resources but for amount of resources at a variable rate, and can be traded/bartered.

Securities are a promise of returns. Like an asset (eg shares in ownership of a company), a promise of returns (If you buy this then you’ll get certain returns - EG debentures, loans, etc)

SNT has no promise of returns built in, it is purely a token for “in-game”/“resources” goods which many games have and network systems. There is no promise of interest or returns when you buy SNT, not even a promise or expectation that you could even sell unused SNT.

While trading platforms allow trading of securities and non-securities, they do not change the inherent nature of the item. SNT is closest aligned with Gift cards/tokens to purchase certain items/resources.

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If my understanding is right it is based on counting how much work they have done. Instead of counting seconds, nodes have counters for some transactions and as the counters increment it is used instead of time.

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It’s a relative measure. So when a node joins the stable set they do so at the bottom. You can consider this as ordered by first seen. so the nodes seen for the longest are the elders.

i.e., Elders, are the oldest nodes cause they have been behaving and been in the network for the longest time compared with other nodes.

tl;dr The stable set orders nodes by time on the network, but without using timestamps. It’s just a list of nodes ordered by first seen

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