BitShares Forum
Main => General Discussion => Topic started by: eagleeye on February 07, 2015, 11:56:28 am
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Isnt it Delegated Proof of Work now and eventually it will go to DPOS once it caps out?
Has this already been discussed? If so, dont mind me.
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Why do you think it's DPOW? Because of BTC-style block rewards? Or because delegates are expected to work for their income?
POS/POW has nothing to do with either. POS means that the stake controls who gets to mine blocks. This hasn't changed.
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Isnt it Delegated Proof of Work now and eventually it will go to DPOS once it caps out?
Has this already been discussed? If so, dont mind me.
Just depends on how you define "W" / "Work". Terms don't tell us anything without a definition.
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Even 3% delegates have to work to keep there delegate up, and updated.
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Even 3% delegates have to work to keep there delegate up, and updated.
:D now I get your question.
Well, I think we should stick to DPOS since the stakeholders have the power in their hand. If they vote against you, you are gonna be kicked out no matter how much work you are doing.
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Even 3% delegates have to work to keep there delegate up, and updated.
:D now I get your question.
Well, I think we should stick to DPOS since the stakeholders have the power in their hand. If they vote against you, you are gonna be kicked out no matter how much work you are doing.
Ok I understand the foundational operating system is DPOS.
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Even 3% delegates have to work to keep there delegate up, and updated.
It is named what it is named because it is a POS-derived protocol.
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A node is only allowed to produce a block if it can prove that it was given sufficient stake vote.
Compared to bitcoin where a node is only allowed to produce a block if it can prove that it performed sufficient hashing work.