Proof of capacity Flawed??



  • So is there a "fix" to the concept which is flawed PoC has been great so far right, can't say I understand the under laying workings but at a basic level - this must have been brought up before


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    Different PoC will ask for different Scoops at different times or even at the same time. This will lead to doubling the read time, doubling the CPU cycles and the HDD read head going back and forth on your disk, which lowers lifetime and read-speed.

    I can see that two or three chains could be mined on one machine but after a certain amount your CPU or GPU is 100% all the time like a PoW miner.



  • as for the OP i dont think that person fully understands how Burst work's for the second statement thats completly false as HDD speed read times have nothing to do directly with the network speed only for your personal ability to mine blocks within the network. as the network dif auto adjust itself and aims to target a 4 min block forge time. the first statement thou true from a theoretical view placed in a pre determined circumstance. from an applyed view works no different than say Bitcoin when looking at problem / result, Bitcoin and Other's at start of block Hash math equation's and submit them till block is forged, next block they start all over and do it agin. Burst saw this as a waste of energy. and insted Burst Hash math equation's and saves them to HDD, at start of block scan's a % of the saved hash and submit's it block is forged. the only applyed diff is Burst recycles it's Hashed equations to reduce resource's used. and does it in a way that prevents duplications of the Hash's



  • @iKnow0 his opinion.
    This guy is a big advocate for BTC, so that could explain his position.
    There are some discussions about proof of capacity and the nothing at stake concept.
    I am simply trying to understand all of this.



  • @PETENICE Welcome to the world of crypto, some find it hard to be objective if heavily invested in a particular coin.



  • You should mention to your friend that having different coins that require different proofs is good, as they can be combined on a single machine.

    For Example, a person running their own bitcoin pool can run an ASIC miner connecting to that pool, but then use the same pool rig with some high end video cards to GPU Mine some alt coins, have a wallet with coins in it on same machine for POS, PLUS run burstcoin on spare hard drives connected via USB. THe only real restriction here is RAM, because each of the different coins use a completly different protocol for mining.

    My rig for burstpool has a 8 core processor and 16 GB ram, runs burstcoin and CPU mining through nicehash, plus runs the pool quite well, and it is a computer sitting in my house running off of solar power.

    Being able to combine multiple coin mining on a single machine lowers electricity cost and overall rig costs



  • I just found this while researching your question: https://github.com/ethereum/wiki/wiki/Problems

    You'll see the problem stated fairly clearly in section 8. Proof of Stake

    I do need to do a bit more reading on this but initially, it seems that as Burst miners, we do have revenue "at stake," as I believe @daWallet was referring to above. If forked chains begin to produce different block heights, it does effect our mining efficiencies and potential incomes. Especially if one of the chains is dropped by the network at large (wasted time and energy in terms of wear on our hardware).



  • @k.coins What about all the blocks you don't win? Would you consider that "at stake"? Because that is also wasted energy and time... If so that is something all the crypto algos i know until today have xD

    In physics, when in school, you learn about the perfect machine (wich don't have any wasted energy so 100% work) and you learn that is utopic and impossible... The perfect is something that don't exist, is something that we try to reach everyday but it will be always possible to do in a better, faster or more efficient way ;D



  • These sorts of questions about proof happened with Burst Coin. Typically it meant that people were actively scaring off new people causing it to eventually centralize.



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