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Main => General Discussion => Topic started by: Pheonike on January 19, 2015, 02:20:43 am

Title: Centralization of mining discussion
Post by: Pheonike 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
Title: Re: Centralization of mining discussion
Post by: fluxer555 on January 19, 2015, 02:56:17 am: I bet Tim is a bitshareholder.. I wonder if he's here under a pseudonym.
Title: Re: Centralization of mining discussion
Post by: hadrian on February 02, 2015, 05:50:53 pm: Quote from: Pheonike 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

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 (http://youtu.be/zF2YwOnH-CA?t=21m16s)) he states that DPOS is more distributed than Bitcoin.
Title: Re: Centralization of mining discussion
Post by: vlight on February 03, 2015, 03:09:57 pm: Makes me appreciate DPOS even more:

http://www.coindesk.com/bitcoin-elite-meet-secret-island-bilderberg-style-retreat/
Title: Re: Centralization of mining discussion
Post by: Empirical1.2 on February 03, 2015, 03:16:28 pm: Quote from: vlight on February 03, 2015, 03:09:57 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.
Title: Re: Centralization of mining discussion
Post by: cube 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.
Title: Re: Centralization of mining discussion
Post by: bytemaster on February 03, 2015, 03:27:46 pm: Quote from: cube 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.

I interviewed with him recently.
Title: Re: Centralization of mining discussion
Post by: cass on February 03, 2015, 05:12:59 pm: Quote from: bytemaster on February 03, 2015, 03:27:46 pm
Quote from: cube 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.

I interviewed with him recently.

+5%

ETA ? :)