Author Topic: Decentralization-of-Nxt-vs-BitShares  (Read 3840 times)

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Offline xeroc

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is there any progress with TRANSPARENT forging in NXT?

Offline biophil

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Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.
You can let other accounts forge on your behalf, this is called leased forging.

Thanks, but I already know what leased forging is; I was just trying to fit it together in my mind with DPOS.

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Offline jonny

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Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.
You can let other accounts forge on your behalf, this is called leased forging.

Offline bytemaster


Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.

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Yes.  Nxt is like dpos prior to approval voting and with no limits on the number of delegates. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline biophil

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Also, bravo on the "speed of decentralization" thing. That's exactly the kind of metric we need to publicize.

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Offline biophil

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Serious question: is leased forging in Nxt equivalent to Delegated signing in DPOS? With the obvious difference being that Nxt essentially allows 13% of all blocks to be signed by a single delegate.

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« Last Edit: January 13, 2015, 02:36:00 pm by biophil »
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Offline cass

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+5% :) Angry Nxters on the way!




█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline mint chocolate chip

TELL BITMARMOT YOUR PROBLEMS

HE NEEDS A REASON TO SMILE

Offline Vizzini

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Are there still like 15 people using NXT? It seems to be in those same few hands who BCNext gave it to.

Never go against a Sicilian when death is on the line.

Offline CLains

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has anyone posted this on their forum?

Edit: Now is your chance practice Non-Violent Communication everyone,

https://nxtforum.org/general/the-most-decentralized-pos-system/

By the way, a common problem with NVC is that psychologically, introspectively, it is difficult to get clear on ones own intent or motive: Even if one uses the right words on the surface, who knows what lies buried behind those words?

« Last Edit: January 13, 2015, 08:08:22 am by CLains »

Offline CLains

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This article really nailed it! Cold hard truth does it best.

Offline CLains

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« Last Edit: January 13, 2015, 08:07:38 am by CLains »

Offline Riverhead

Same sentence:

"within in"

Offline CryptoPrometheus

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On the NXT reddit, the only rebuttal so far is "NXT-K5KL-23DJ-3XLK-22222 is the forge leasing account,  NXT-MRBN-8DFH-PFMK-A4DBM is the SuperNET account.

Does this matter? I'm not sure about the technicals....
Bytemaster, should you add the reply (why this matters/doesn't matter) to your blog entry? So as to address the rebuttal and wrap up the argument one nice tight little package  ;)
"Power and law are not synonymous. In fact, they are often in opposition and irreconcilable."
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Offline Riverhead


Hopefully they'll take it as a chance to improve the protocol. Very clear and concise analysis.

Last sentence:
Code: [Select]
BitShares with 101 delegates is over twice as decentralized as Nxt with  10 only signers within in the transaction confirmation window.

Should be "with only 10 signers"?