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New transaction broadcasts do not necessarily need to reach all nodes. As long as they reach many nodes, they will get into a block before long. Block broadcasts are also tolerant of dropped messages. If a node does not receive a block, it will request it when it receives the next block and realizes it missed one.
6. Incentive
By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. This adds an incentive for nodes to support the network, and provides a way to initially distribute coins into circulation, since there is no central authority to issue them. The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended.
The incentive can also be funded with transaction fees. If the output value of a transaction is less than its input value, the difference is a transaction fee that is added to the incentive value of the block containing the transaction. Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free.
The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.
7. Reclaiming Disk Space
Once the latest transaction in a coin is buried under enough blocks, the spent transactions before it can be discarded to save disk space. To facilitate this without breaking the block's hash, transactions are hashed in a Merkle Tree [7][2][5], with only the root included in the block's hash. Old blocks can then be compacted by stubbing off branches of the tree. The interior hashes do not need to be stored.
Block
Hash0 Hash1 Hash2 Hash3
Tx0 Tx1 Tx2 Tx3
Block Header (Block Hash)
Prev Hash
Nonce
Root Hash
Hash01
Hash23
Block
Block Header (Block Hash)
Prev Hash
Nonce
Root Hash
Hash01
Hash23
Hash2 Hash3 Tx3
Transactions Hashed in a Merkle Tree After Pruning Tx0-2 from the Block
A block header with no transactions would be about 80 bytes. If we suppose blocks are generated every 10 minutes, 80 bytes * 6 * 24 * 365=4.2MB per year. With computer systems typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of 1.2GB per year, storage should not be a problem even if the block headers must be kept in memory.
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Podcasting is broadcasting a series of audio and video files over the internet “using syndication feeds for playback on mobile devices and personal computers” (Mason et al, p. 92). “The term podcasting is a combination of iPod (Apple Computer’s portable media player) and broadcasting” (p. 107). Podcast aggregators such as iTunes or iPodder software are computer programs which subscribe to an RSS (Real Simple Syndication) feed through a hyperlink. The hyperlink checks for information germane to the subscriber (Anderson, 2008).
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----- Original Message ----- From: "Garey Barrell" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Tuesday, April 29, 2008 1:46 PM
Subject: Re: [drakelist] TR-4 TX Hang-Up
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aB h E-portfolios, also referred to as e-folios, are collections of student work stored in digital format (Canada, 2002). E-portfolios provide “a means of collecting and maintaining evidence for assessment online” (Fee, 2009, p. 183). They often have a reflection aspect, similar to blogging, and can include podcasts. Thus, within e-portfolios is a convergence among several types of social networking media (Mason et al., 2008). K Lr
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E f r [EMAIL PROTECTED] writes: Byron WA5THJ. My TR4 with the original (fixed) relay would not pull in originally. After "cleaning" the relay points it wouldn't release as you describe. After putting the VOX & VOX delay pots mid range and on the third "cleaning" it did work ...sometimes. If The VOX pot has a wrong setting was the big culprit. All of the above info on line and Drake relative. Wound up installing a John Kriner (OEM) relay board and of course a new plug in relay. All fixed. Carl Hibbard WD8NHK ------------------------------------------------------------------------------ Need a new ride? Check out the largest site for U.S. used car listings at AOL Autos. Nw I