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Main => General Discussion => Topic started by: bytemaster on January 13, 2015, 12:33:35 am

Title: Decentralization-of-Nxt-vs-BitShares
Post by: bytemaster on January 13, 2015, 12:33:35 am
http://bytemaster.bitshares.org/article/2015/01/13/Decentralization-of-Nxt-vs-BitShares/
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: Rune on January 13, 2015, 12:39:10 am
Can't wait to see this on nxtforum :D
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: islandking on January 13, 2015, 12:48:29 am
Can't wait to see this on nxtforum :D

Yep just wait for it....  :D
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: Empirical1.1 on January 13, 2015, 01:30:10 am
 +5% Very good :)

Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: donkeypong on January 13, 2015, 01:37:42 am
Sweet!
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: bytemaster on January 13, 2015, 01:48:01 am
has anyone posted this on their forum?
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: donkeypong on January 13, 2015, 02:02:06 am
I put this on Reddit /r/NXT, at least until one of their mods removes it.

http://www.reddit.com/r/NXT/comments/2s8gax/is_it_true_that_60_of_all_nxt_blocks_are_produced/ (http://www.reddit.com/r/NXT/comments/2s8gax/is_it_true_that_60_of_all_nxt_blocks_are_produced/)
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: Riverhead on January 13, 2015, 02:09:43 am

Hopefully they'll take it as a chance to improve the protocol. Very clear and concise analysis.

Last sentence:
Code: [Select]
BitShares with 101 delegates is over twice as decentralized as Nxt with  10 only signers within in the transaction confirmation window.

Should be "with only 10 signers"?
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: CryptoPrometheus on January 13, 2015, 04:56:32 am
On the NXT reddit, the only rebuttal so far is "NXT-K5KL-23DJ-3XLK-22222 is the forge leasing account,  NXT-MRBN-8DFH-PFMK-A4DBM is the SuperNET account.

Does this matter? I'm not sure about the technicals....
Bytemaster, should you add the reply (why this matters/doesn't matter) to your blog entry? So as to address the rebuttal and wrap up the argument one nice tight little package  ;)
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: Riverhead on January 13, 2015, 05:32:00 am
Same sentence:

"within in"
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: CLains on January 13, 2015, 05:54:00 am
Same sentence:

"within in"

pullrequested
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: CLains on January 13, 2015, 05:54:38 am
This article really nailed it! Cold hard truth does it best.
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: CLains on January 13, 2015, 08:06:34 am
has anyone posted this on their forum?

Edit: Now is your chance practice Non-Violent Communication everyone,

https://nxtforum.org/general/the-most-decentralized-pos-system/

By the way, a common problem with NVC is that psychologically, introspectively, it is difficult to get clear on ones own intent or motive: Even if one uses the right words on the surface, who knows what lies buried behind those words?

Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: Vizzini on January 13, 2015, 08:16:21 am
Are there still like 15 people using NXT? It seems to be in those same few hands who BCNext gave it to.

(https://emmaburnettx.files.wordpress.com/2014/07/de.png)
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: mint chocolate chip on January 13, 2015, 08:43:14 am
TELL BITMARMOT YOUR PROBLEMS
(http://prestonbyrne.files.wordpress.com/2014/08/bitmarmot.jpg?w=300&h=199)
HE NEEDS A REASON TO SMILE
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: cass on January 13, 2015, 12:18:36 pm
(http://i.imgur.com/uV92NkM.gif)

+5% :) Angry Nxters on the way!

(http://i.imgur.com/RdavIfc.gif)


Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: biophil on January 13, 2015, 02:31:54 pm
Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.

Sent from my SCH-S720C using Tapatalk 2
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: biophil on January 13, 2015, 02:38:52 pm
Also, bravo on the "speed of decentralization" thing. That's exactly the kind of metric we need to publicize.

Sent from my SCH-S720C using Tapatalk 2

Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: bytemaster on January 13, 2015, 02:47:59 pm

Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.

Sent from my SCH-S720C using Tapatalk 2

Yes.  Nxt is like dpos prior to approval voting and with no limits on the number of delegates. 
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: jonny on January 13, 2015, 10:45:35 pm
Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.
You can let other accounts forge on your behalf, this is called leased forging.
Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: biophil on January 14, 2015, 12:42:45 am
Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.
You can let other accounts forge on your behalf, this is called leased forging.

Thanks, but I already know what leased forging is; I was just trying to fit it together in my mind with DPOS.

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Title: Re: Decentralization-of-Nxt-vs-BitShares
Post by: xeroc on January 14, 2015, 07:11:38 am
is there any progress with TRANSPARENT forging in NXT?