Author Topic: Why DPOS is better than other POS  (Read 10832 times)

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Offline bytemaster

Re: Why DPOS is better than other POS
« Reply #75 on: August 13, 2014, 01:38:20 am »
Is the 10TPS limit based on current processing limitations or is it due to block sizes and propagation times? ie: is it possible that DPOS can scale out past the 10,000 odd TPS that the visa network handles? Sorry if this has already been answered somewhere else.
There are no limits with DPOS.

Thanks for the prompt reply, is the blocksize dynamic with DPOS then?

Yes delegates can produce any size blocks they like and the shareholders vote on delegates that apply reasonable limits for the changing market conditions.
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merockstar

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Re: Why DPOS is better than other POS
« Reply #76 on: August 13, 2014, 05:24:22 am »
Man, as delicious as that tip sounds, I think its time to concede that this topic is over my head.

I would like to formally invite anybody whose interested/capable to copy/paste/alter my work to try to bring this to completion, it seems like an important subject.

Offline bytemaster

Re: Why DPOS is better than other POS
« Reply #77 on: January 07, 2015, 03:11:54 am »
Bump.   I need to revisit this for my blog. 
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Offline mint chocolate chip

Re: Why DPOS is better than other POS
« Reply #78 on: January 07, 2015, 03:15:43 am »
Bump.   I need to revisit this for my blog.

Yup, it appears DPOS is still better than other POS.

Offline arhag

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Re: Why DPOS is better than other POS
« Reply #79 on: January 07, 2015, 03:34:40 am »
Bump.   I need to revisit this for my blog.

I think it would be great if your blog could address how consensus is ultimately a social process (not purely an algorithmic one) and how tools like DPOS help automate the consensus process, and related to that how nothing-at-stake and checkpoints aren't actually significant problems.

It seems many Bitcoiners are too hung up on the objectively pure consensus process that PoW provides despite its many obvious downsides. I think the way to approach the debate is to say that PoS (and DPOS as well, as it is a PoS system) makes the value judgment to give up the benefits/convenience of some of that objectivity for other benefits such as economic and environmental efficiency and easier long-term decentralization while still maintaining security and consensus that is more than good enough. I'm still having trouble figuring out how to best phrase these concepts.

Offline bytemaster

For the latest updates checkout my blog: http://bytemaster.bitshares.org
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Offline lafona

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Re: Why DPOS is better than other POS
« Reply #81 on: January 07, 2015, 02:13:03 pm »
Small typo in the second paragraph last sentence. "Recently Nxt added leased forging which allows one user do to delegate their forging power to another user." Is there a preferred way for suggesting changes?
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Offline svk

Re: Why DPOS is better than other POS
« Reply #82 on: January 07, 2015, 02:36:07 pm »
Small typo in the second paragraph last sentence. "Recently Nxt added leased forging which allows one user do to delegate their forging power to another user." Is there a preferred way for suggesting changes?

You can do so on github at https://github.com/bytemaster/bytemaster.github.io, but @bytemaster isn't keeping up with his pull requests!
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