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Exchange Latency?

Started by Sage, December 27, 2013, 04:05:45 PM

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coolspeed

#4
January 04, 2014, 12:51:16 PM
Please vote for  delegate.coolspeed    dac.coolspeed
BTS account: coolspeed
Sina Weibo：@coolspeed

Sage

#3
December 31, 2013, 05:42:53 AM
How do I get in on these memos ;)

bytemaster

#2
December 27, 2013, 09:38:05 PM
Quote from: Sage on December 27, 2013, 04:05:45 PM
Oh the possibilities of this decentralized exchange gives me goose bumps.

One problem I see though is latency.

If it's proof of work to validate the blockchain, that's going to a unavoidable significant latency?

Or am I wrong?

What kind of latencies can we expect?

And/or why could we not use a consensus algorithm instead, akin to what Ripple uses.... thus giving us 5-7 second latency?

You must have missed the memo, we are moving to proof-of-stake instead of proof-of-work.  No mining in BTS.
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

Sage

#1
December 27, 2013, 04:05:45 PM
Oh the possibilities of this decentralized exchange gives me goose bumps.

One problem I see though is latency.

If it's proof of work to validate the blockchain, that's going to a unavoidable significant latency?

Or am I wrong?

What kind of latencies can we expect?

And/or why could we not use a consensus algorithm instead, akin to what Ripple uses.... thus giving us 5-7 second latency?

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