5 ms·
Looks like its not a blockchain at all, there is no Proof-of-Work or Proof-of-Stake, instead validators. Skimmed over documentation, consensus protocol seems to
by antocv 7y ago
Looks like its not a blockchain at all, there is no Proof-of-Work or Proof-of-Stake, instead validators. Skimmed over documentation, consensus protocol seems to be BFT, like Stellar (XLM). So, they did not even innovate anything in cryptocurrency space. Just re-write, re-implement, re-hash old ideas with their name on it.
So not really distributed, just slightly decentralized. Zuckerercoin.
- chvid 7y agoWhat matters is the implementation; if they can put the following together: - Fully programmable smart contracts - Fast cheap transactions - Easy onboarding - Default support for fiat currencies - Nice end-user interfaces Plus a strong push to their existing user base and a number of established businesses.
- chvid 7y agoBut it will be fun to see what comes out of this and what is allowed. I for sure look forward to create a ponzicoin and a casino that my mum easily can use ...
- jlevers 7y agoYou replied to a thread that I created over a month ago about climate change [0], and I somehow never saw your reply. It's old enough that I can no longer respond to your comment, but I'd like to get in touch with you if you're still interested. My email's in my profile. Sorry to respond to you on an unrelated thread -- I don't know how else to get in touch since comments are disabled on the original thread. [0] https://news.ycombinator.com/item?id=19908974 https://news.ycombinator.com/item?id=19908974