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some other cryptos have similar oligarchy model, e.g. stellar
by buboard 7y ago
some other cryptos have similar oligarchy model, e.g. stellar
- tgragnato 7y agoThe oligarchic model offers considerable savings (less computational and energy waste). It's understandable why it's tempting. But I think that the consensus protocol of Stellar looks a lot more like a sweet spot: it has different levels of participation to the network, each of which gives different incentives, requirements and use cases. > https://www.stellar.org/developers/stellar-core/software/admin.html#level-of-participation-to-the-network https://www.stellar.org/developers/stellar-core/software/adm... My criticism is specific to this particular implementation (and management).