Proof of importance competition

General Discussion
#1

[center]PoI competition
[/center]


Proof of Importance competition will be come to an end on the 31st of December.

Anyone who makes a transaction after 9pm GMT on the 31st of December will be disqualified.

All participants will be notified via a message to their competition account so theres no excuse for making transactions after the deadline.

Apologies for short notice but it needs to end. :slight_smile:


rules updated so they are clearer..


Introduction

The goal of this competition to promote more active use of the beta software and to encourage people to try to take advantage of, and learn about the proof of importance algorithm by manipulating importance score through transactions to the benefit of the account holder. There will be some simple rules and guidelines that users will be required to follow but aside from some basic rules users are free to do as they like in an attempt to raise their importance.

the prize break down is as follows:

1st: 0.6 nemstake

2nd: 0.3 nemstake

3rd: 0.1 nemstake

Aim

The aim is for participants to raise their importance whilst retaining the most amount of the initial amount of nem that was provided to participants. For example, user A and user B get 10,000,000 nem. if both user A and user B increase their importance by 1% but user A retains 9,000,000 while user B retains 9,500,000 nem, user A increased his importance by 0.000001% per nemcoin spent where as user B increased his importance by 0.000002% per nemcoin spent. User B increased his importance most in terms of percent per nemcoin spent thus winning the competition.

Rules



    [li]All participants will be given private keys that will open accounts that contain equal amounts of nem. These will be users
#2

Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :slight_smile:

#3

Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


yes, thank you i think bots should be banned.

yes thats enough, or at least it will have to be as i dont think its possible to show any more digits after the decimal.
#4

How are you going to ban robots?


The goal is to see how clever people can be in the competition and this will help test NEM more. There should be no restrictions. Having a robot isn't really going to help you in this case anyway.

#5

Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


I don't think enough decimals are displayed in the client. The full precision of everyone's importance score can be calculated from the blockchain, though.
#6

It seems description / algorithm / formula of POI was not published? The competitions will be blindfold  :)  Maybe I missed something.

#7


Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


yes, thank you i think bots should be banned.

yes thats enough, or at least it will have to be as i dont think its possible to show any more digits after the decimal.


I don't think bots should be banned. If anyone wants to game the system, they will use bots. In fact bots should be most encouraged.
#8



Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


yes, thank you i think bots should be banned.

yes thats enough, or at least it will have to be as i dont think its possible to show any more digits after the decimal.


I don't think bots should be banned. If anyone wants to game the system, they will use bots. In fact bots should be most encouraged.


Of course they shouldn't be banned.
#9




Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


yes, thank you i think bots should be banned.

yes thats enough, or at least it will have to be as i dont think its possible to show any more digits after the decimal.


I don't think bots should be banned. If anyone wants to game the system, they will use bots. In fact bots should be most encouraged.


Of course they shouldn't be banned.

Bots allowed then.. :)
#10

Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


I don't think bots will help much :)

If you know how the algorithm works, you don't need bots.

Does anyone have any questions about POI? Everyone has until Wed to figure out how to boost your score.
#11


Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


I don't think bots will help much :)

If you know how the algorithm works, you don't need bots.

Does anyone have any questions about POI? Everyone has until Wed to figure out how to boost your score.


I do think that robots help something :)

With robots can be simulated faster the transactions - and this case is much better than many other real world cases, coz the result can be seen in the importance% value. (maybe the value is not changed so quickly, but there is that chance ... just put the machines running :) )


To decide which is fair, we need to define
What is the motivation of the competition?

a) plain importance competition

b) test the POI in normal usage

c) stress test the POI.



If a), then robots are "doping";
  they are not available for all and it is not known, how they affect to the
  importance. If robots are "doping", then everyone should get few robots :)

If c), then robots are ok. But also in this case it would be good, or even more
    important, that everyone has robots.

If b), then robots are not ok.


I would vote for b, coz it is now a pre-launch competition and it is useful to collect information about POI and how importance behave in normal usage. (There have already been some stress tests with known results ...)

There could be a "worst case" competition, where is used robots etc. ...  where the people are encouraged to use NEM APIs to build all kind of apps, not just plain sending-robots.  (Is there time to have this kind competition before the launch? If we are afraid about the "gaming", then this kind of competition should be kept ... I am not sure, which kind of effects it could have after the launch. I still guess that the NEM APIs will be studied better after the launch, when people see that NEM is really flying.)



[u]Few additional comments
[/u]
I guess the members of the arranging organization are not allowed to participate to this competition  ;)  (Too much inside information)

The prize could be more egalitarian :)    For example
    1.      will get 50 % of the prize
    2.                  25 %
    3. - 12.          2.5 %





#12

i want to try

#13

I'd like to try , can someone tell us how to raise the Proof of Importance . All the trick people will be using ?





 

#14

I'd like to try , can someone tell us how to raise the Proof of Importance . All the trick people will be using ?




Parana could tell, how the robots have changed the importance...
#15

I'd like to try , can someone tell us how to raise the Proof of Importance . All the trick people will be using ?








i have you on the list. :)
#16

Let's see what robots will win.  :slight_smile:

#17

You will reset the Blockchain again?

But practically normal people do not have a chance against robots, since they can be used and they work.

Would like to compete minig bitcoin: I with a GPU and you with a ASIC.

I have no idea how POI can be optimized. May give a hint?

And coint me in.  :slight_smile:

#18



Are the robots banned from the competition?
I think they should be banned, coz they are not available for every competitor.

Is the currently shown accuracy of the importance enough?
I have seen only small changes in  0.yy % --> 0.yz %    :)


I don't think bots will help much :)

If you know how the algorithm works, you don't need bots.

Does anyone have any questions about POI? Everyone has until Wed to figure out how to boost your score.


I do think that robots help something :)

With robots can be simulated faster the transactions - and this case is much better than many other real world cases, coz the result can be seen in the importance% value. (maybe the value is not changed so quickly, but there is that chance ... just put the machines running :) )


To decide which is fair, we need to define
What is the motivation of the competition?

a) plain importance competition

b) test the POI in normal usage

c) stress test the POI.



If a), then robots are "doping";
  they are not available for all and it is not known, how they affect to the
  importance. If robots are "doping", then everyone should get few robots :)

If c), then robots are ok. But also in this case it would be good, or even more
    important, that everyone has robots.

If b), then robots are not ok.


I would vote for b, coz it is now a pre-launch competition and it is useful to collect information about POI and how importance behave in normal usage. (There have already been some stress tests with known results ...)

There could be a "worst case" competition, where is used robots etc. ...  where the people are encouraged to use NEM APIs to build all kind of apps, not just plain sending-robots.  (Is there time to have this kind competition before the launch? If we are afraid about the "gaming", then this kind of competition should be kept ... I am not sure, which kind of effects it could have after the launch. I still guess that the NEM APIs will be studied better after the launch, when people see that NEM is really flying.)



[u]Few additional comments
[/u]
I guess the members of the arranging organization are not allowed to participate to this competition  ;)  (Too much inside information)

The prize could be more egalitarian :)    For example
    1.      will get 50 % of the prize
    2.                  25 %
    3. - 12.          2.5 %



No comments ...  ?

So lightly specified rules ?  krhm ... spqr ... hmm ... who's money is in the prize pot?  :-\

#19

I will try too.

#20

I'd like to try , can someone tell us how to raise the Proof of Importance . All the trick people will be using ?


It is better to give than to receive, but you better have it before you give it ^ ^