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Online Pheonike

Centralization of mining discussion
« on: January 19, 2015, 02:20:43 AM »


Interesting discussion. Tim mentions how DPoS can be a better consensus model than PoW for most application because of centralization.

Epicenter Bitcoin: Tim Swanson
https://www.youtube.com/watch?v=zF2YwOnH-CA#t=1390




Offline fluxer555

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Re: Centralization of mining discussion
« Reply #1 on: January 19, 2015, 02:56:17 AM »
I bet Tim is a bitshareholder.. I wonder if he's here under a pseudonym.

Offline hadrian

Re: Centralization of mining discussion
« Reply #2 on: February 02, 2015, 05:50:53 PM »

Interesting discussion. Tim mentions how DPoS can be a better consensus model than PoW for most application because of centralization.

Epicenter Bitcoin: Tim Swanson
https://www.youtube.com/watch?v=zF2YwOnH-CA#t=1390


I happened to listen to the podcast of this today.

If you go back a little bit earlier in the video (http://youtu.be/zF2YwOnH-CA?t=21m16s) he states that DPOS is more distributed than Bitcoin.
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Offline vlight

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Re: Centralization of mining discussion
« Reply #3 on: February 03, 2015, 03:09:57 PM »

Offline Empirical1.2

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Re: Centralization of mining discussion
« Reply #4 on: February 03, 2015, 03:16:28 PM »
Makes me appreciate DPOS even more:

http://www.coindesk.com/bitcoin-elite-meet-secret-island-bilderberg-style-retreat/

 +5% Bitcoin is toast for this and many other reasons.

The sooner we forge our own path and stop trying to pander to and scoop up crumbs in their shadow the better. Bitcoin is about as decentralised as a brick.
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Offline cube

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Re: Centralization of mining discussion
« Reply #5 on: February 03, 2015, 03:27:15 PM »
Tim Swanson is a contributor at coindesk. I wonder if he ever wrote an article on DPOS for coindesk.
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Offline bytemaster

Re: Centralization of mining discussion
« Reply #6 on: February 03, 2015, 03:27:46 PM »
Tim Swanson is a contributor at coindesk. I wonder if he ever wrote an article on DPOS for coindesk.

I interviewed with him recently.   
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Offline cass

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Re: Centralization of mining discussion
« Reply #7 on: February 03, 2015, 05:12:59 PM »
Tim Swanson is a contributor at coindesk. I wonder if he ever wrote an article on DPOS for coindesk.

I interviewed with him recently.

 +5%

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