4 ms·
I did, it's for "investors" rather than developers. I'm reading Vitalik's blogpost now. I see what he's talking about now. I'm going to finish it and decide, bu
by KirinDave 8y ago
I did, it's for "investors" rather than developers. I'm reading Vitalik's blogpost now. I see what he's talking about now. I'm going to finish it and decide, but I see which part of Lamport's work he's referring to.
A network using this technique needs a reasonable upper bound on network latency for validators (hard to get) and needs to keep the set of active nodes relatively small (which forever dooms a traditional mining pool to be somewhat concentrated).
The former problem can be substantially improved by:
1) Using custom time hardware a la spanner.
2) Causing the network to halt entirely in unfavorable network conditions.