Thanks for the links! I have read them and I agree - DPOS could be just flat out better. But the POS advocates are so dismissive. I keep feeling that I must be missing something - they are intelligent people. A comment I read recently, maybe one of yours, wished academics were doing papers on DPOS, getting into formal research on it. But I am interested in the automated consensus versus human mediated consensus angle. That might also make DPOS more desirable.
in summary, we don't know what's best. see bitfury pos vs pow paper where they admit dpos solves a ton of problems, but have a lot of uncertainty as we do to this day.
dpos solves nothing at stake problem, pos does not.
dpos addresses pareto distribution problem, pos does not.
http://bytemaster.github.io/article/2015/01/08/Nothing-at-Stake-Nothing-to-Fear/
https://steemit.com/bitshares/@testz/bitshares-history-delegated-proof-of-stake-dpos
https://steemit.com/steem/@dantheman/response-to-cosmos-white-paper-s-claims-on-dpos-security
https://steemit.com/blockchain/@dantheman/the-problem-with-byzantine-generals
Thanks for the links! I have read them and I agree - DPOS could be just flat out better. But the POS advocates are so dismissive. I keep feeling that I must be missing something - they are intelligent people. A comment I read recently, maybe one of yours, wished academics were doing papers on DPOS, getting into formal research on it. But I am interested in the automated consensus versus human mediated consensus angle. That might also make DPOS more desirable.
in summary, we don't know what's best. see bitfury pos vs pow paper where they admit dpos solves a ton of problems, but have a lot of uncertainty as we do to this day.
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