4 ms·
I was referring to the concept of delegating decisions to a (somehow selected) single node, though in those particular cases there is no "stake".
by gtrubetskoy 9y ago
I was referring to the concept of delegating decisions to a (somehow selected) single node, though in those particular cases there is no "stake".
- zeroxfe 9y agoOkay, got it. I wouldn't call that PoS, but I see what you mean. I think of the crux of PoS as the incentive system that keeps bad actors out -- if you act maliciously, you lose your stake.
- TTPrograms 9y agoIt seems disingenuous to refer to that as proof-of-stake.
- rubentlz 9y agoErrr, no. That's leader election, and is not a consensus algorithm by itself. It's part of the algorithm, which is nothing like PoS at all. That's like saying UDP and TCP are the same because they send packets.