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Offline luckybit

Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #1 on: May 20, 2014, 12:36:21 PM »
Maybe we could take Bitcoin seriously if core developers were interested in improving it but it cannot easily be improved. It's not future proof as a result of either the inaction of developers or the design which has created such inaction.

But it is clear there are a lot of ways to improve Bitcoin and the people who don't want altcoins are the ones who should be shouting to the Bitcoin core devs to implement these new ideas.
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Offline CLains

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Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #2 on: May 20, 2014, 01:14:43 PM »
Long thread here, https://bitcointalk.org/index.php?topic=584719.0

Vitalik Buterin comment, https://bitcointalk.org/index.php?topic=584719.msg6832736#msg6832736

clout making some heroic posts in there too :D
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Offline bytemaster

Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #3 on: May 20, 2014, 02:05:33 PM »
Long thread here, https://bitcointalk.org/index.php?topic=584719.0

Vitalik Buterin comment, https://bitcointalk.org/index.php?topic=584719.msg6832736#msg6832736

clout making some heroic posts in there too :D

Clout... send me a PTS address, you earn a tip for your posts over there!

It seems to me that Bitcoin is moving toward DPOS of some variety (at least in discussion).
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New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #4 on: May 20, 2014, 02:09:29 PM »
If bitcoin went dpos, would there still need to be competitive chains?


One chain to rule them all would still not work, yes?

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Offline fuzzy

Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #5 on: May 20, 2014, 02:10:31 PM »
Long thread here, https://bitcointalk.org/index.php?topic=584719.0

Vitalik Buterin comment, https://bitcointalk.org/index.php?topic=584719.msg6832736#msg6832736

clout making some heroic posts in there too :D

Clout... send me a PTS address, you earn a tip for your posts over there!

It seems to me that Bitcoin is moving toward DPOS of some variety (at least in discussion).

This is precisely what im picking up when reading this.  Good to know that concept is correct. 
« Last Edit: May 20, 2014, 02:25:37 PM by fuznuts »
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Offline santaclause102

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Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #6 on: May 20, 2014, 02:35:24 PM »
I think it's a good thing. We will get a lot of feedback we wouldn't have gotten otherwise...

Offline santaclause102

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Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #7 on: May 20, 2014, 02:36:46 PM »
Long thread here, https://bitcointalk.org/index.php?topic=584719.0

Vitalik Buterin comment, https://bitcointalk.org/index.php?topic=584719.msg6832736#msg6832736

clout making some heroic posts in there too :D

Clout... send me a PTS address, you earn a tip for your posts over there!

It seems to me that Bitcoin is moving toward DPOS of some variety (at least in discussion).

Definitely! Props for clout!

Offline Harvey

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Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #8 on: May 20, 2014, 05:31:29 PM »
PPC launched the first POS cryptocurrency in 2012.
Bitshares will release DPOS, the first "super-peer POS“, soon.

According to current white paper "Bitcoin Cooperative Proof-of-Stake",
https://docs.google.com/document/d/1C4m-MFnxw0JjDorzrKs_IRQRqD9ila79o0IDt6KsbcE/edit?pli=1
"The proposed Bitcoin system is to be deployed in early 2016 as a hard fork of the blockchain within the Bitcoin network, following a year of public system testing. "

I am very happy hear this news, because I transfer all my BTC into either PTS/AGS or PPC months ago. :)
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Offline barwizi

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Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #9 on: May 20, 2014, 06:48:02 PM »
All this is good news, but i still feel like not enough effort is being put into getting people involved and interested. We are moving so fast with the tech, yet we are leaving  behind the masses that we want to adopt the tech.
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Offline fuzzy

Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #10 on: May 20, 2014, 09:27:02 PM »
All this is good news, but i still feel like not enough effort is being put into getting people involved and interested. We are moving so fast with the tech, yet we are leaving  behind the masses that we want to adopt the tech.

Good Barwizi, this is so true.  Nice to see u around again man
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clout

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Re: New Bitcoin whitepaper (Cooperative Proof of Stake)
« Reply #11 on: May 20, 2014, 10:26:16 PM »
Haha I forgot about this thread.  Of course bitcoin will inevitably have to transition to dpos.  Does Stephen offer a good implementation?

Also my pts adress is PfrKAPeWd1ZtmJJdcuExzHhnVCy7cYV3nu . Thanks for the tip!

 

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