===two types of employees===
1) miners who find blocks.
timekeeping
keeping and revealing a secret for 100 blocks. This secret is used to select the jury for the block 1000 blocks in the future.
2)jury members, who sign blocks
In the event of a fork, the chain with more jury signatures is legit.
They sign a block 2000 blocks after they are selected.
===Transaction types in blockchain===
1)spend
include a list of pubkeys you are giving the money to, and the number of pubkeys who have to agree, in order to spend the money. (the "n" and "m" of a NxM bitcoin address)
2)mint
only 1 mint transaction per block
this gives the miner a reward.
3) create named account
Now people can spend to "ganjaQueen" instead of to nonsense pubkeys like: "1847f892h4f8928294f"
Give a menu of what you are selling.
Explain the process to purchase from you.
You can update your info by making a new transaction of this type.
4) buy reputation for a named account
proof of burn
5)jury signature
jury members sign the chain which they think is the valid chain.
jury members have an incentive to only sign 1 chain.
this gives the jury member a reward.
There are about 20 constants built into the currency, the transaction fees for example. The jury members vote to slightly adjust these constants upward or downward.
6)catch a cheating jury member
if a jury member signs 2 forks, then anyone else can take those 2 signatures and make this type of transaction.
the jury member loses their reward
the person who created this transaction receives a reward
7)send a message to another user.
impossible to tell who the message is intended for
===databases=== 6
blockchain
potential transactions suggested to us by peers
potential blocks suggested to us by peers
valid transactions to include in next block
current ledger
backups of the ledger, in case we get on a fork and need to rebuild from an earlier ledger.
===handshakes between miners to maintain consensus=== 5
getinfo
blocklength
hash of most recent block
*number of jury signatures in chain
pushtx
pushblock
request blocks in range
request transactions to be included in next block
===threads===
1) trying to mine next block
2) listen for peers
3) gui
money creation scheme: slasher http://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/ I have written other currencies like this: https://github.com/zack-bitcoin/CryptGo money distribution scheme: proof-of-burn, maybe integrate a service like kickstarter? Mixing scheme: any suggestions? I am not sure which way is best.
===two types of employees=== 1) miners who find blocks. timekeeping keeping and revealing a secret for 100 blocks. This secret is used to select the jury for the block 1000 blocks in the future.
2)jury members, who sign blocks In the event of a fork, the chain with more jury signatures is legit. They sign a block 2000 blocks after they are selected.
===Transaction types in blockchain=== 1)spend include a list of pubkeys you are giving the money to, and the number of pubkeys who have to agree, in order to spend the money. (the "n" and "m" of a NxM bitcoin address) 2)mint only 1 mint transaction per block this gives the miner a reward. 3) create named account Now people can spend to "ganjaQueen" instead of to nonsense pubkeys like: "1847f892h4f8928294f" Give a menu of what you are selling. Explain the process to purchase from you. You can update your info by making a new transaction of this type. 4) buy reputation for a named account proof of burn 5)jury signature jury members sign the chain which they think is the valid chain. jury members have an incentive to only sign 1 chain. this gives the jury member a reward. There are about 20 constants built into the currency, the transaction fees for example. The jury members vote to slightly adjust these constants upward or downward. 6)catch a cheating jury member if a jury member signs 2 forks, then anyone else can take those 2 signatures and make this type of transaction. the jury member loses their reward the person who created this transaction receives a reward 7)send a message to another user. impossible to tell who the message is intended for
===databases=== 6 blockchain potential transactions suggested to us by peers potential blocks suggested to us by peers valid transactions to include in next block current ledger backups of the ledger, in case we get on a fork and need to rebuild from an earlier ledger.
===handshakes between miners to maintain consensus=== 5 getinfo blocklength hash of most recent block *number of jury signatures in chain pushtx pushblock request blocks in range request transactions to be included in next block
===threads=== 1) trying to mine next block 2) listen for peers 3) gui