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Anyone care to tl;dr this or give a comparison with bitcoin? Most of this stuff is way over my head. I'm about to go to bed, but I'll definitely give it a rea
by tacojuan 11y ago
Anyone care to tl;dr this or give a comparison with bitcoin?
Most of this stuff is way over my head.
I'm about to go to bed, but I'll definitely give it a read in the morning.
- stevejones 11y agoNo multi GB blockchain and capable of supporting more than a pitiful 650 transactions a minute. Basically works by randomly electing verifiers and assuming that the majority elected are going to be honest enough.
- HelloThereHuman 11y agoRisky business, literally.
- imglorp 11y agoSo how is that supposed to work? If some percent of the nodes are malicious, that means sometimes an election will include a majority of them and they will create a false transaction. This means only some transactions are trustworthy, not all.