5 ms·
There is no "ideological" reason. I don't even own cryptocurrency. It's just a fact that the entire purpose of proof of work is to perform leader election. T
by Jweb_Guru 5y ago
There is no "ideological" reason. I don't even own cryptocurrency. It's just a fact that the entire purpose of proof of work is to perform leader election. The defining characteristic of leader election is that only the leader commits new values, and there should only be one leader eventually chosen for a given round; the definition has nothing to do with using some sort of majority vote or anything like that. To see how it differs from "ordinary" consensus, I want you to tell me how a Bitcoin-like system could be used to decide on any value other than either (i) one known in advance by all parties (which doesn't require a consensus protocol at all), or (ii) one chosen by the node that wins the block lottery.
This is expanded upon in the peer-reviewed Bitcoin-NG paper that both of you are refusing to read, which breaks down the Bitcoin protocol into distinct parts (which was why I linked it--not because I am proposing that it replace the Bitcoin protocol, but because I thought it would be useful for you to understand how Bitcoin performs leader election already). Specifically, it analyzes the effects of splitting up leader election and block commit parts of the protocol. As it turns out, it has essentially no effect on Bitcoin's security guarantees, which is not surprising--because the fact that block selection and leader election happen at the same time is an implementation detail that doesn't actually matter! Once you realize this detail that you are obsessing over (the block being decided at the same time the leader is) is not important for the protocol, you will also see that the leader election is in fact the critical part.