Author Topic: [BLOG POST] - Casper Review  (Read 1997 times)

0 Members and 1 Guest are viewing this topic.

Offline lakerta06

Re: [BLOG POST] - Casper Review
« Reply #15 on: August 08, 2015, 06:57:29 pm »
You cannot really build an asic that runs a turing complete algorithm as efficiently as hashing asics .. you NEED a general-purpose architecture

I dont know what the possibility is but, you can build a 256bit general purpose turing machine with additional casper specific instruction set.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12914
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: [BLOG POST] - Casper Review
« Reply #16 on: August 08, 2015, 06:59:04 pm »
You cannot really build an asic that runs a turing complete algorithm as efficiently as hashing asics .. you NEED a general-purpose architecture

I dont know what the possibility is but, you can build a 256bit general purpose turing machine with additional casper specific instruction set.
Yes .. but it will never be as efficient as a "stupid" that only computes hashes .. You need more instructions to be Turing complete ..
That's all I wanted to say
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline Pheonike

Re: [BLOG POST] - Casper Review
« Reply #17 on: August 08, 2015, 09:43:19 pm »
A dedicated chip like one made by Transmeta back in the nineties.

https://en.wikipedia.org/wiki/TransmetaV74FuRCcA&bvm=bv.99804247,d.cGU

Offline ghost.teller

  • Newbie
  • *
  • Posts: 2
    • View Profile
Re: [BLOG POST] - Casper Review
« Reply #18 on: August 09, 2015, 10:50:33 am »
Anyone worried about how arrogant Bitshares' Bytemaster will be conceived of by public?

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12914
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: [BLOG POST] - Casper Review
« Reply #19 on: August 09, 2015, 11:18:39 am »
Anyone worried about how arrogant Bitshares' Bytemaster will be conceived of by public?
s/bytemaster/vitalik/?!

why shouldnt bm cast his opinion? Everyone doea and should do so!
if i had the time and knowledge it would cast my opinion more publically too
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline mint chocolate chip

Re: [BLOG POST] - Casper Review
« Reply #20 on: August 09, 2015, 12:05:12 pm »
Quote
Casper the friendly ghost
The friendliest ghost you know
Though grown ups might look in anger and fright
The children all love him so

Casper the friendly ghost
He couldn't be bad or mean
He'll romp and play, sing and dance all day
The friendliest ghost you've seen

Offline ghost.teller

  • Newbie
  • *
  • Posts: 2
    • View Profile
Re: [BLOG POST] - Casper Review
« Reply #21 on: August 09, 2015, 01:08:33 pm »
Quote
Only Delegated Proof of Stake ensures that all stakeholders have their opinion included in an economically viable manner.
He can cast his opinion but the message sounded too assertive to me.
Judging by the market cap, the consensus algorithm of Bitshares is not superior to others'.
So I thought it is arrogant.
Or the assertion really is correct and the market cap ... ??

Offline sittingduck

  • Sr. Member
  • ****
  • Posts: 246
    • View Profile
Re: [BLOG POST] - Casper Review
« Reply #22 on: August 09, 2015, 01:17:26 pm »
Market cap has nothing to do with tech.  See doge.   


Sent from my iPhone using Tapatalk

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12914
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: [BLOG POST] - Casper Review
« Reply #23 on: August 09, 2015, 01:35:16 pm »
Market cap has nothing to do with tech.  See doge.   


Sent from my iPhone using Tapatalk
Nice one.


@ghost: no one knows how to do distributed consensus correctly. Or, stated differently, all consensus schemes achieve a different consensus with different criteria.

Thats why we also state that bts is not democratic and we can live with it bexlcause it need not be as a business
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline twitter

  • Sr. Member
  • ****
  • Posts: 247
    • View Profile
Re: [BLOG POST] - Casper Review
« Reply #24 on: August 09, 2015, 01:56:22 pm »
Wow! ethereum market cap dropped from $160M to $80M after your post! A 50% decline in one day!  :P
I hope we witness the same increase next time you post something... for bitshares   :D



that  would be awesome;)
http://bytemaster.github.io/2015/08/08/Review-of-Casper-Ethereums-proposed-Proof-of-Stake-Algorithm/
witness:

Offline BunkerChainLabs-DataSecurityNode

Re: [BLOG POST] - Casper Review
« Reply #25 on: August 09, 2015, 02:07:42 pm »
Wow! ethereum market cap dropped from $160M to $80M after your post! A 50% decline in one day!  :P
I hope we witness the same increase next time you post something... for bitshares   :D



that  would be awesome;)
http://bytemaster.github.io/2015/08/08/Review-of-Casper-Ethereums-proposed-Proof-of-Stake-Algorithm/

It's down almost another 50% from the 50% yesterday.

Still hasn't hit bottom.
+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

Offline lil_jay890

  • Hero Member
  • *****
  • Posts: 1197
    • View Profile
Re: [BLOG POST] - Casper Review
« Reply #26 on: August 09, 2015, 06:29:30 pm »
Wow money is just fleeing crypto... I believe a strong ethereum would be more helpful to bts.  This constant dumping isn't going to make any newbie want to come in and buy anything.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12914
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: [BLOG POST] - Casper Review
« Reply #27 on: August 09, 2015, 06:37:49 pm »
.. This constant dumping isn't going to make any newbie want to come in and buy anything.
Not sure we want "newbies" that don't understand the tech to buy into BTS .. do we?
I'd rather have investors that are well informed and understand the implications and possibilities ..
IMHO it is this way that will make an organic growth ... </opinion>
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline lil_jay890

  • Hero Member
  • *****
  • Posts: 1197
    • View Profile
Re: [BLOG POST] - Casper Review
« Reply #28 on: August 09, 2015, 10:56:49 pm »
.. This constant dumping isn't going to make any newbie want to come in and buy anything.
Not sure we want "newbies" that don't understand the tech to buy into BTS .. do we?
I'd rather have investors that are well informed and understand the implications and possibilities ..
IMHO it is this way that will make an organic growth ... </opinion>

Newbies = new money.  New investors can be classified as newbies at some point.

If the hottest project in crypto is cut by 2/3 from the opening price with days, that won't inspire confidence in any investors.  Rising or stable market caps will gain outside coverage.  So far there has only been a total of 4billion dollars floating around crypto.  That number hasn't changed much over this year.