crackcoin
Finance and crypto
cryptocurrency proof of concept
SHOW HN2017
171points
65comments
#211of 2,242 in 2017
Top 10%of 2017 by points
How HN took it
CuriousMostly questions and neutral comments
0 positive, 4 neutral or asking, 0 mixed, 3 critical, out of 7 comments about the project. Thread score -0.31.
Idea: 0 for, 1 againstDesign: 0 for, 1 againstDocs: 0 for, 1 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
What people liked
Looks nice, interesting graph-based alternative to blockchain
From 1 comment
So this is basically a blockchain, but with transactions instead of blocks, and diverging-then-converging graph instead of a linear sequence of blocks (like a real family graph…
pollyannas on HN
Objections
Blockchain-free designs lack controlled coin issuance and fee-based security
From 1 comment
There is no way to have a controlled release of new coins into the system. For that you need a blockchain that establishes a consensus on time transpired and on the total…
Jabanga on HN
DAG approaches may be vulnerable to Sybil attacks
From 1 comment
can this handle a trivial Sybil attack? That seems to be the drawback of a graph or DAG-based approach. -ledger scientist
tribler on HN
Questions
What are the problems with the approach?
From 1 comment
So this is basically a blockchain, but with transactions instead of blocks, and diverging-then-converging graph instead of a linear sequence of blocks (like a real family graph…
pollyannas on HN
Can it handle a Sybil attack?
From 1 comment
can this handle a trivial Sybil attack? That seems to be the drawback of a graph or DAG-based approach. -ledger scientist
tribler on HN
Alternatives named
IOTA
From 2 comments
IOTA: https://coinmarketcap.com/currencies/iota/ Here's the related white paper: https://iota.org/IOTA_Whitepaper.pdf Website is here: https://iota.org
wonderous on HNthe only public blockchain-free cryptocurrency in top 10 of coinmarketcap is iota www.iota.org
Temasik on HN
Ripple and Stellar
From 2 comments
Ripple, Stellar.
fiatjaf on HNStellar Lumen
donquichotte on HN
Byteball
From 1 comment
byteball
arisAlexis on HN
MaidSafe
From 1 comment
maidsafe edit: I thought Ripple and Stellar had blockchains?
liopleurodon on HN