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Offline bytemaster

« Last Edit: January 09, 2015, 11:00:42 AM by cass »
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Online Pheonike

Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #1 on: January 08, 2015, 06:15:15 PM »
typo

 "however, the trust moddel is different in"

Offline btswildpig

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Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #2 on: January 08, 2015, 06:35:09 PM »


however, the trust moddel is different in that since the delegates are not “self selected” and can be removed and thus it is unlikely to see 51% collusion.

added "since"
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Offline mf-tzo

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Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #3 on: January 08, 2015, 06:51:34 PM »
I am not very technical but if I understand correctly, the article implies that if bitcoin was to use DPOS it will be as well as decentralized as Bitshares at a rank 6 or 7?

Do we really want to wake up the bitcoiners and use DPOS by forking bitcoin especially since most of us are all in in Bitshares? If bitcoin was forked to use DPOS wouldn't that seriously hurt BTS price since we would lose our competitive advantage of DPOS vs. POWaste?

 

Offline bytemaster

Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #4 on: January 08, 2015, 06:52:51 PM »
I am not very technical but if I understand correctly, the article implies that if bitcoin was to use DPOS it will be as well as decentralized as Bitshares at a rank 6 or 7?

Do we really want to wake up the bitcoiners and use DPOS by forking bitcoin especially since most of us are all in in Bitshares? If bitcoin was forked to use DPOS wouldn't that seriously hurt BTS price since we would lose our competitive advantage of DPOS vs. POWaste?

Bitcoin is unlikely to every reach consensus on hard fork... while they were debating it everyone would move to BTS.
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Offline clayop

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Offline islandking

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Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #6 on: January 08, 2015, 06:54:54 PM »
You should write an article on the distribution of Bitshares. I guess it would be hard to show the distribution with TITAN though.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

Offline bytemaster

Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #7 on: January 08, 2015, 06:55:47 PM »
You should write an article on the distribution of Bitshares. I guess it would be hard to show the distribution with TITAN though.

Someone already did that analysis and posted it on the forum... can you find it for me?
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline roadscape

Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #8 on: January 08, 2015, 07:33:54 PM »
IMO your last two articles (Measuring Decentralization & Nothing at Stake) have been the best in terms of efficiently elucidating key topics.
http://cryptofresh.com  |  witness: roadscape

Offline btswildpig

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Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #9 on: January 08, 2015, 07:37:29 PM »
I am not very technical but if I understand correctly, the article implies that if bitcoin was to use DPOS it will be as well as decentralized as Bitshares at a rank 6 or 7?

Do we really want to wake up the bitcoiners and use DPOS by forking bitcoin especially since most of us are all in in Bitshares? If bitcoin was forked to use DPOS wouldn't that seriously hurt BTS price since we would lose our competitive advantage of DPOS vs. POWaste?

If Bitcoin can change to DPOS , then no one would be fixated on Bitcoin anymore .
The holy Bitcoin should never abandon POW . Once it does that , then it's no better than any POS coin .
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline bytemaster

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline svk

Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #11 on: January 08, 2015, 07:50:23 PM »
You should write an article on the distribution of Bitshares. I guess it would be hard to show the distribution with TITAN though.

Someone already did that analysis and posted it on the forum... can you find it for me?
We only have this kind of analysis for the genesis blocks AFAIK. I like your pie graphs and I'll add similar graphs for BTS and BTSX genesis blocks tomorrow.
Worker: dev.bitsharesblocks

Offline sschechter

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Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #12 on: January 08, 2015, 09:08:20 PM »
http://bytemaster.bitshares.org/article/2015/01/09/How-to-Measure-the-Decentralization-of-Bitcoin/?r=sschechter

Clever  :D

The blog of bytemaster is by far the best marketing initiative that we have seen - at least within the niche of early adopting crypto enthusiasts.
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Offline islandking

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Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #13 on: January 08, 2015, 11:45:17 PM »
You should write an article on the distribution of Bitshares. I guess it would be hard to show the distribution with TITAN though.

Someone already did that analysis and posted it on the forum... can you find it for me?
We only have this kind of analysis for the genesis blocks AFAIK. I like your pie graphs and I'll add similar graphs for BTS and BTSX genesis blocks tomorrow.

Svk that would be awesome. Show the top rankings of holders for each bracket. Like this:

1-100 BTS: number of  accounts X% of supply
100-1,000 BTS:  number of accounts X% of supply
1,000-10,000 BTS: number of accounts X% of supply
1,000-10,000 BTS: number of accounts X% of supply
1,000-10,000 BTS: number of accounts X% of supply
10,000-50,000 BTS: number of accounts X% of supply
50,000-100,000 BTS: number of accounts X% of supply
100,000-200,000 BTS: number of accounts X% of supply
200,000-500,000 BTS: number of accounts X% of supply
500,000-1,00,000 BTS: number of accounts X% of supply
1,00,000+ BTS: number of accounts X% of supply

Based on the genesis block.  Would be interesting to see. Pie charts also sound awesome.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

Offline bytemaster

Re: How to Measure the Decentralization of Bitcoin [BLOG POST]
« Reply #14 on: January 09, 2015, 12:09:49 AM »
You should write an article on the distribution of Bitshares. I guess it would be hard to show the distribution with TITAN though.

Someone already did that analysis and posted it on the forum... can you find it for me?
We only have this kind of analysis for the genesis blocks AFAIK. I like your pie graphs and I'll add similar graphs for BTS and BTSX genesis blocks tomorrow.

Svk that would be awesome. Show the top rankings of holders for each bracket. Like this:

1-100 BTS: number of  accounts X% of supply
100-1,000 BTS:  number of accounts X% of supply
1,000-10,000 BTS: number of accounts X% of supply
1,000-10,000 BTS: number of accounts X% of supply
1,000-10,000 BTS: number of accounts X% of supply
10,000-50,000 BTS: number of accounts X% of supply
50,000-100,000 BTS: number of accounts X% of supply
100,000-200,000 BTS: number of accounts X% of supply
200,000-500,000 BTS: number of accounts X% of supply
500,000-1,00,000 BTS: number of accounts X% of supply
1,00,000+ BTS: number of accounts X% of supply

Based on the genesis block.  Would be interesting to see. Pie charts also sound awesome.

How about the November 5th distribution of DevShares? 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

 

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