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--- layout: simple base: '../' --- # Design Notes
## Initial design choices
- note that serialization with JSON doesn't guarante key's order when using maps, so for CAS storage yaml is prefered - server-side fileformat : yaml - client-side fileformat : JSON
## Language choice:
serverside: perl (or nodejs) clienside: javascript
## block chain structure
minimally sized blocks : - segreated signature, timestamp, audit etc. - block: {address, previous, pow} - use balances for state rather than TXO to avoid the need keep txo states, and link txi to utxo
## Networking layer choise
initally we thought websocket would be the simple choice for the P2P network, however the protocol implementation in perl is a little cumbersome, so we fall back to simple tcp sockets, no ssl support for the first version ! - blocking socket
next version : - protocol/routing/network layer: websockets (multi nonblocking clients)
## observation ...
- revokable block if sign w/ a DH on txo and ECDSA on txi
- txroot (merkle root can be global)
- PoW is to slow down chainupdate to avois spam - consensus is on the longest length - /!\ maximal work is hackable (as pow is exponential to difficulties) - sort of tx sequence can be done on node side - block chain can store tx out of order (FIFO style)
- does mining really need to be conpetitive ? - if mining is done by all node the recipient of txo will be willing to mine! - if a .2% tax on transaction can replace/solve all VAT taxes then mining rewards is "artificially" inflated to compensate for a wasteful technology
- nano-trading is stealing (i.e. taking advantage of who has the power to be informed fast) on need to put a "lowpass" filter on trading : speculation is necessary for long term protection against future uncertainty... short term predicition make no sense !
long unpredictable queue time (mempools) can deter speculator as it would be like "lotery" lotery is a "gamified" tax extractor.
- PoW can be replaced by ZK proof of some Work - should it be txo which carries the burden of proof of work ? - validator already do a great job making the system "alive" - block reward could be proportional to the number of tx in the block i.e. the "real" work is indeed the verif not a hash-puzzle. - How to mitigate DDoS on Mempool ? why would we want making block more and more difficult to add when technology advance ??? (how to make spice of spamming constant through technology ?)
### misc & links
- testing javascript with a [gist:42835214f63750080a8cb73d4be5a4a1](https://hologit-ml.ipns.cf-ipfs.com/tstanchfield/code.git)
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