The feeless, fast and secure network following a progressive decentralization path modeled by the values and ethos of $BTC. Self-evolving tech. Built by Aliens.
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Joined May 2018
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Upgrade your nodes.
Spork is going to happen likely within the next week, this is the version needed to move forward.
github.com/zenon-network/go-…
Me neither, but you have to adapt whenever is possible.
Satoshi couldn't imagine that the hardware itself will be molded to fit the SHA-256d algo.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267392
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The idea behind a dual ledger system is to decouple consensus from chain weight.
This is very important because consensus and chain weight are fundamental for a L1.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267387
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1 CPU = 1 vote was just an assumption of Satoshi
Hal clearly envisioned a widespread Bitcoin adoption at industrial scale.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267383
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But ASIC-resistant algos are important to keep participation as decentralized as possible.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267380
PoW evolved into two opposite flavors: ASIC-friendly and ASIC-resistant.
Bitcoin is ASIC-friendly because its sole purpose is to convert energy as efficient as possible.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267379
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But pure PoS based consensus protocols are flawed from an economic/societal perspective that undermine decentralization and in some cases, certain security thresholds.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267378
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PoW is the most pure form of Sybil-resistance. It was designed as anti-Sybil mechanism back in the '90s.
PoS is a weaker anti-Sybil mechanism than PoW, but coupled with a classical consensus protocol makes it a very good candidate to Bitcoin's PoW.
— Mr. Kaine, Dec 2022
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The consensus is the most important part of a distributed network because it distributes trust in a set of untrusted peers that need to coordinate to achieve a common objective: maintaining the state of the ledger.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267375
A simple and robust L1 with minimal features will always outperform over-engineered and complex designs that try to accomplish too many things at once.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267374
The whitepaper points out two sources of PoW: one CPU bound (ASIC resistant) and the other one ASIC friendly. The key is balacing them.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/267372
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Zenon retweeted
Project Zeno has officially gone public! @digitalSloth_
github.com/Zeno-L2
I'm leaning towards incentivizing network decentralization at p2p layer.
The infrastructure that runs the code is very important.
We can start with small tasks such as integrating Tor into znnd and Syrius.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/266427
Raspberry Pi is the best candidate.
It should be able to sync & run without issues on a standard RBPi
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/265937
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The design architecture of NoM is actually brilliant: everything is taken into account and perfectly balanced to achieve the most of security, scalability and decentralization.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/265296
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The next challenge is to implement Dynamic Plasma (similar to Bitcoin's difficulty adjustment mechanism).
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/265292
And the PoW is performed by users that want to issue feeless transactions on the network: this increases the security margin when the network usage is higher.
— Mr. Kaine, Dec 2022 t.me/zenonnetwork/265290
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