Author Topic: DPOS vs POS vs POW - white paper?  (Read 6834 times)

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Offline merivercap

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What's the best resource to explain DPOS?  I skimmed through the Neucoin whitepaper and they addressed four kinds of attacks:
1) Double spend
2) History revision using old private keys
3) Grinding attack
4) Pre-programmed long range attack

Also mentioned is the 'nothing at stack argument'...  It seems DPOS is different and more deterministic because delegates or 'witnesses' are voted in and that's different from most POS systems that are forked from Bitcoin/Peercoin.  Can someone explain the differences between POS and DPOS and address the common arguments against POS?   Will there be a whitepaper for DPOS?   I think it's important to have a resource to point to so we can bring over some open-minded Bitcoin developers to our ecosystem.  Not everyone in the Bitcoin community is a Bitcoin maximalist.   It's important to increase DPOS mind share and help Bitcoin influencers understand DPOS.  Just like many people & developers first dismissed Bitcoin and eventually came around, I think the same thing will happen with POS/DPOS and Bitshares so it's just a matter of finding powerful ways of explaining these concepts at both a high level and at a technical level.    Bytemaster?
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