@esc747
We do currently not know the PoI algorithm, so everything is speculative. And with we I mean myself ;)
It is my understanding that PoI has a PoS component plus some algorithm somehow rewarding many and big transactions to many different peers. A wild (or probably not so wild) guess would be that this is some variant of Google's PageRank incorporating transaction sizes and probably other things.
In PageRank multiple links from one site to another are just ignored. For PoI one could speculate, that for example only the net total and direct transfer between two peers counts. So if A transfers 500k to B and B transfers 250k back to A, that would be counted like one transaction of 250k from A to B.
I believe PoI ist much more clever than that, because that could be exploited by just circling a large amount forever between 3 peers.
Regarding your question, I am not sure if I understand it.
Could you explain more about the sporting fixture approach? I don't know anything about that.
hey dude, sorry for the slow response. haha my idea looks a little neanderthal in comparison to the version you guys got going but I can reply anyway.
I was thinking more about a way to organise a group so they all interact/transact with one another rather than just two others repeatedly.
round 1 round 2 round 3 round 4 round 5 round 6 round 7
PERSON A PERSON H PERSON G PERSON F PERSON E PERSON D PERSON C PERSON B
PERSON B PERSON A PERSON H PERSON G PERSON F PERSON E PERSON D PERSON C
PERSON C PERSON B PERSON A PERSON H PERSON G PERSON F PERSON E PERSON D
PERSON D PERSON C PERSON B PERSON A PERSON H PERSON G PERSON F PERSON E
PERSON E PERSON D PERSON C PERSON B PERSON A PERSON H PERSON G PERSON F
PERSON F PERSON E PERSON D PERSON C PERSON B PERSON A PERSON H PERSON G
PERSON G PERSON F PERSON E PERSON D PERSON C PERSON B PERSON A PERSON H
PERSON H PERSON G PERSON F PERSON E PERSON D PERSON C PERSON B PERSON A
Every party involved would send 1 x whatever the agreed transfer amount is, to a multisig account by way of security...if they decide to not 'pay'/send to their designated recipient for whatever reason, they are not profiting and their secured amount goes to the party who would be short otherwise.
At the end of each round the multisig 'security deposits' could be returned in full and sent to the next persons multisig account, just so there is limited issue of one party holding a potentially large bag for harvesting.
I can't see any risk this way, other than how to be sure that first 'security deposit' holder has really set up a multisig ;) (ok, easily tested..)
It needs an even number of participants, but people can leave at will whenever they like, and new folk can join easily too.
It seems a very simplistic idea when reading the rest of the discussion but maybe there's something useful.
