How to Measure the Decentralization of Bitcoin [BLOG POST]

Started by bytemaster, January 08, 2015, 05:48:02 PM

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mf-tzo

I am not very technical but if I understand correctly, the article implies that if bitcoin was to use DPOS it will be as well as decentralized as Bitshares at a rank 6 or 7?

Do we really want to wake up the bitcoiners and use DPOS by forking bitcoin especially since most of us are all in in Bitshares? If bitcoin was forked to use DPOS wouldn't that seriously hurt BTS price since we would lose our competitive advantage of DPOS vs. POWaste?


[url="//www.bitshares.gr/"]www.bitshares.gr/[/url]

btswildpig



however, the trust moddel is different in that since the delegates are not "self selected" and can be removed and thus it is unlikely to see 51% collusion.

added "since"
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bytemaster

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