1) On the price manipulation topic: if there is no real cost for a transaction all you have to do is pay the spread for the exchange. As seen in other 'free' currencies sometimes even exchanges engage in price pumping, especially if costs are 0 or close to 0.

2) On the flooding with transactions topic:
How complex will the PoW be to deter an attacker from DoSing the network with 1 cent transactions to himself? We have 3 cases here to discuss:
- an individual with only a few machines available (probably rented in a cloud)
- organized crime with a botnet (think Russian business network)
- unfriendly government

Sorry for asking uncomfortable questions. A lot of users/fans of various coins may consider this FUD, but in the long run (say 10 years from now) the only coins that will still exist are most likely the ones that manage to check all boxes in decentralization (and resistance to government attack), scalability, and low costs. To put things in perspective,  bitcoin right now fails at all 3 (4 mining pools own 51%, there is a huge backlog of unprocessed transactions, and fees are as high as 100$ now).

as a big fan of XRB this project really resonates with me. I like the honesty of the dev. This might be the earliest I was able to be part or watch a project grow. Please dev continue with what you're doing. I will be donating when I've gotten some funds. I like to support this project.

I was originally interested in this, but on second look this guy doesn't even know what DAG stands for it. It's directED. Jesus christ.

And 30% to donators?

Scam. Run.

Not really sure about the name STONE.

Stones sink and can't fly to the moon.  Stones are dead.

A fair amount of how XRB works depends on being able to see balances of accounts and their respective chains.  How can delegates vote on whether a anonymous transfer was valid if they cannot see the amounts?

Please let the developer proposing this project answer.

Will be interesting.  Time will tell.  But yes an important question is the devs programming background.  Even a link to other unrelated projects would be a boon for trust

@Felixando

Have you worked on the XRB project in the past? If so, are you the one who decided to split and do his own thing when they cancelled the faucet?
Do you know Colin personally?

how much computation does the PoW require that makes the attack unfeasible? Are we talking seconds or minutes with average PC hardware? And if it's very complex will you support mobile wallets? How many TPS will you support?

Hello all,

I appreciate the technical conversation going back and forward in this thread, its good to see some conversation which is not just about details, release dates or how to acquire coins. I appreciate all the PM's, however i am limited to 10 per hour, so its taking longer than expected to reply to them all! but i will respond to the majority.



Thanks for your input, the name Stone was derived from RaiStones.

Not all Stones sink  


I appreciate your input, if people are unhappy with the 30% we can modify this, i am not 100% of everything so far, adjustments can be made if the community feels they may be unfair or unreliable.



That's correct, however they only realistically need to communicate to each other, not the network as a whole, i will make this work.



Thanks! ah i dislike the faucet method, it creates too much monetary stress around the community, and bases the whole project around earning money, id prefer if this project was about the tech, and about the community.

You are welcome to create a logo if you have the time, i feel i should deliver a test release before any design work should be done.


I've only been a qualified software engineer for the last 13 years for a forbes top 200 company, ill let the code speak for itself.


I cannot manage the exchange side of things, i assume exchanges will have some kind of fee for buys/sells to prevent fake volume. Correct there are 2 other DAG coins, possibly 3, Stone is based around anonymity, think Monero, in the very start.


Thankyou!



On a side note; to my knowledge there is a Discord: https://discord.gg/auFsMSD - i do not have time to be in there at all times and answer all questions but i will pop in from time to time.

One possible solution is having to reveal balance to participate in PoS yourself, or to use snarks to delegate to a chosen voter (which can reveal the sum he'd been delegated but not from which account it came).