After developing our initial system, we ran into a lot of problems trying to establish consensus and decided to go back to the drawing board. After serious consideration, we had several proposals for how we wanted our network to function. The system we were developing internally in regards to our thought process, involved having set nodes, that would be nominated by the users, but would still be trusted and unable to be gamed. The more we sat down and thought about what we wanted to build, it was obvious that DPOS provided a lot of the functionality we wanted and has already been battle tested and proven to be a sound system. We are big fans of what Bitshares has done and all that they have accomplished.

We have not made the switch to DPOS yet and are using a much simpler system right now. We have been working on reforming, optimizing, and nailing down our node.js code for the infrastructure of the network, databases, and blockchain.

All of that being said, our next release, 0.2.0 will enable our version of DPOS. It is a modified version of what BitShares uses to incorporate some of the ideas we have and is a variant of their system (which is open source) in the same way that many coins in the beginning were offshoots and alterations of Bitcoin. We feel like DPOS is the best solution for what we are trying to accomplish, we are simply going to be giving it our own flavor. I don't feel like we are saying, "hey, we improved bitshares", or "we made bitshares better", because I honestly believe they have a very well developed system with some great minds behind it. What we are saying is that we have adapted it to meet the needs of what we want to accomplish with Crypti.

So TL;DR, we aren't DPOS yet, but will be in 0.2.0. It is based off of Bitshares code and it will have some tweaks and alterations to meet our needs.

All of the other facets of Crypti that we have discussed all along are still being built and will still run on Crypti, the consensus model and network will simply be based on DPOS. This allows a scalable, secure, and equitable network to be built with much more relative ease. Why start over again from scratch when someone has already solved some of the problems we were running into and proven that it works and works wonderfully. DPOS and the success of the Bitshares network is a great advancement in the crypto space and allows for a scalable network, rewards those running the network, and that is still, for all intents and purposes, decentralized. There are some things about the way they implement delegates, reward them, and burn currency that we feel don't necessarily fit what we are doing and will be changing. But, overall, the core infrastructure will be largely based on what they have done.

Quote from: fluxer555 on January 24, 2015, 08:47:14 pm

Quote from: fuzzy on January 24, 2015, 08:44:14 pm

He will be. Good post and great point. You wont have to worry about it soon enough. There is little doubt in my mind this team is the real deal...but at present they are small so resources are limited.

My only concern is him trying to bite off more than he can chew, to prove himself.

Can you share what makes you feel they are the real deal? Your post right below Graffenwalder's is interesting juxtaposition.

Sure. They are planning to open up the entire project to anyone who wants to help.  He wanted me to give links to the editable version but I told him not to do that (yet) to protect the project.  At any rate..I have an opposite feeling about this, but will ensure they prove themselves before asking anything big. 

With that said, remember we are in a n industry where there is major risk...sometimes we have to step a little outside our comfort zones.  But ill keep working with them and the community to ensure we are safe.

Your critical thinking and spidey senses are necessary.  Dont lose them...but dont let them keep you from taking measured risks with huge potential rewards