5 ms·

The whole article seems written around "Stellar good, Bitcoin bad" premise, when the author ignores that Stellar is basically Ripple with another name, and we k

• skeuomorf 11y ago
  nitpick: While Stellar is a fork of Ripple, they have different consensus protocols underneath. Stellar uses the (Stellar Consensus Protocol) [0] while Ripple uses probabilistic voting. [1] [0] https://www.stellar.org/papers/stellar-consensus-protocol.pdf https://www.stellar.org/papers/stellar-consensus-protocol.pd... [1] https://ripple.com/files/ripple_consensus_whitepaper.pdf https://ripple.com/files/ripple_consensus_whitepaper.pdf
• itistoday2 11y ago
  > The whole article seems written around "Stellar good, Bitcoin bad" premise Having read the paper and discussed with others, the claim also seems untrue. Stellar's new protocol, Stellar Consensus Protocol (SCP), like Bitcoin, allows forks. Unlike Bitcoin, however, it has no way of resolving them. Further, it seems easier for a fork to occur in SCP than it is in Bitcoin. What this means is that in Bitcoin everyone agrees to what your balance is, but in SCP they will not once a fork occurs. There will, in effect, be multiple Stellars, with no limit to how many. In attempting to make it easier for others to join the verification process, Stellar has actually made their entire protocol less secure than Ripple (which restricts membership and therefore can better prevent such forks). See also Gregory Maxwell's criticisms: https://news.ycombinator.com/item?id=9342348 https://news.ycombinator.com/item?id=9342348