If BitShares can be modelled in terms of Byzantine generals problem then 51 is an overkill (because even 1 would be enough) or 51 is not enough (you need at least 67). Or maybe you see a 3rd option?
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Before this thread goes to total off-topic I'd like to remind about my question.
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Before this thread goes to total off-topic I'd like to remind about my question.
I called your question to Bytemaster's attention, so it's in his queue.
Keep in mind that the reasons for the number 101 also include the fault tolerance aspect. As a design rule of thumb, loss of one node for any reason should not drop average block production rate per 1010-second rotation by more than 1% . Now that BitShares also uses most-reputable-node delegate slots as a way to pay support providers we like having 101 such slots available for flexibility in stakeholder allocation of authorized equity funding streams.
When you fold in the fact that the 101 generals have public reputations to protect and that treasonous acts are detectable and correctable by the stakeholders, then even if you max out at only 33 allowable traitors, you are probably doing fine.
This is just a space holder answer from someone who claims no qualifications to respond at your level. I'll leave the more Byzantine parts of your question for Dan.
