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Main => General Discussion => Topic started by: Sage on December 27, 2013, 04:05:45 pm

Title: Exchange Latency?
Post by: Sage on December 27, 2013, 04:05:45 pm

Oh the possibilities of this decentralized exchange gives me goose bumps.

One problem I see though is latency.

If it's proof of work to validate the blockchain, that's going to a unavoidable significant latency?

Or am I wrong?

What kind of latencies can we expect?

And/or why could we not use a consensus algorithm instead, akin to what Ripple uses.... thus giving us 5-7 second latency?

Title: Re: Exchange Latency?
Post by: bytemaster on December 27, 2013, 09:38:05 pm

Quote from: Sage on December 27, 2013, 04:05:45 pm

Oh the possibilities of this decentralized exchange gives me goose bumps.

One problem I see though is latency.

If it's proof of work to validate the blockchain, that's going to a unavoidable significant latency?

Or am I wrong?

What kind of latencies can we expect?

And/or why could we not use a consensus algorithm instead, akin to what Ripple uses.... thus giving us 5-7 second latency?

You must have missed the memo, we are moving to proof-of-stake instead of proof-of-work.  No mining in BTS.

Title: Re: Exchange Latency?
Post by: Sage on December 31, 2013, 05:42:53 am

How do I get in on these memos ;)

Title: Re: Exchange Latency?
Post by: coolspeed on January 04, 2014, 12:51:16 pm

30 seconds.
https://bitsharestalk.org/index.php?topic=1890.0