View this post on Hive: DPOS versus POS - should humans vote?
DPOS versus POS - should humans vote?
7 years ago by mjhomb (58)
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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
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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.
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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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you are a good writer..
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Thanks!
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