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It's easy to scale when your transactions are basically only tcp/ip messages between trusted nodes. There has to be a bettwer way...I'm personally in favor of d
by mihaifm 8y ago
It's easy to scale when your transactions are basically only tcp/ip messages between trusted nodes. There has to be a bettwer way...I'm personally in favor of dPoS (delegated proof of stake) networks, that can have high throughput without sacrificing decentralization, with consensus achieved by representatives that can be changed by everyone in the network. Still, xrp might have applications in the banking world, time will tell.
- cdiddy2 8y agoI am concerned that dPOS will lead to cartel like organizations in the long run as the rich get richer and can vote for themselves
- rhyzom 8y agoAFAIK, all dPoS systems have so far proven to fairly quickly spiral into what you just described. Waves uses a leased PoS that might be worth exploring in more detail (or I've been meaning to anyway).