r0ach, I think it is impossible Bitcoin adopts such a radical change in consensus network, because it is changes the security model. If any coin was going to supplant Bitcoin then it would do so at such an adoption rate that Bitcoin couldn't possibly make the change fast enough (e.g. if decentralized exchanges caught on like wildfire). Just look at the debate over block size increase and imagine the debate over changing the entire model.
I could see Blockstream potentially doing a side chain, so counter measures may have to be taken but it is also not yet clear if side-chains are going to be trusted and used.
Bitshares has too much investment (vested "stake") in proof-of-stake to shift quickly and their small market cap would be overrun well before they could act. Besides I think they believe in their solution. Their coin appears to be more like a cooperative or corporation than a decentralized open source deal. Rather I could see them making tweaks to their own design to try emulate any of the best attributes and I would need to study DPoS in more detail to see where if any limitations for them might lie.
Dash wouldn't be able to technically shoehorn something of this sophistication adequately fast enough if not forever. There is so much deep stuff in this, it isn't going to be something you just implement over the weekend. We'll have a few months lead going in and if we continue innovating, they will never catch up. For one thing, the Dash people aren't even going to understand the code because it (at least the portions I write) is written in Scala.
It is possible some of it will be written in Java, but I am hoping not. Of course some optimizations of critical paths may be written in C and assembly. And yes I am full aware that Java libraries suck (remember the Android BitcoinJ RNG bug) and have many security vulnerabilities and thus I am for the most part not using them.
For example, the anonymity design I did requires a larger EdDSA curve (e.g. ed41417) than is implemented in any standard crypto libraries. If that is coded in Scala, then how are these C++ coders going to grab that and translate it quickly. Scala is a 3 month learning process for people who know some Java and probably longer for those who never did Java programming.
You are always best just joining the leader rather than trying to steal from the leader. You only co-opt the leader if the leader is incompetent, such as what Monero had to do to bitmonero and Bytecoin. If my designs are correct, then I expect other top developers to eventually join in. The best developers like to work with the best developers and on the most interesting and leading efforts. I think it is important to demonstrate that quality early on. I'll be publishing some code soon so we can get the ball rolling on the level of sophistication and quality in this project.
Who is going to trust someone who steals code and designs? The community is going to invest in who has proven he can create quality solutions. So that is the point of starting this thread is to start showing some code. Of course the best exhibits will be usable software with easy-to-use, clean user interfaces, etc..
Right now one of the big problems in crypto is there is so much that isn't implemented and fully refined. I will certainly be challenged in this regard being only one person. Getting other developers to join is very important eventually. But still the lead has to really lead and do a herculian output, otherwise the project doesn't fly.
I could see Blockstream potentially doing a side chain, so counter measures may have to be taken but it is also not yet clear if side-chains are going to be trusted and used.
Bitshares has too much investment (vested "stake") in proof-of-stake to shift quickly and their small market cap would be overrun well before they could act. Besides I think they believe in their solution. Their coin appears to be more like a cooperative or corporation than a decentralized open source deal. Rather I could see them making tweaks to their own design to try emulate any of the best attributes and I would need to study DPoS in more detail to see where if any limitations for them might lie.
Dash wouldn't be able to technically shoehorn something of this sophistication adequately fast enough if not forever. There is so much deep stuff in this, it isn't going to be something you just implement over the weekend. We'll have a few months lead going in and if we continue innovating, they will never catch up. For one thing, the Dash people aren't even going to understand the code because it (at least the portions I write) is written in Scala.
It is possible some of it will be written in Java, but I am hoping not. Of course some optimizations of critical paths may be written in C and assembly. And yes I am full aware that Java libraries suck (remember the Android BitcoinJ RNG bug) and have many security vulnerabilities and thus I am for the most part not using them.For example, the anonymity design I did requires a larger EdDSA curve (e.g. ed41417) than is implemented in any standard crypto libraries. If that is coded in Scala, then how are these C++ coders going to grab that and translate it quickly. Scala is a 3 month learning process for people who know some Java and probably longer for those who never did Java programming.
You are always best just joining the leader rather than trying to steal from the leader. You only co-opt the leader if the leader is incompetent, such as what Monero had to do to bitmonero and Bytecoin. If my designs are correct, then I expect other top developers to eventually join in. The best developers like to work with the best developers and on the most interesting and leading efforts. I think it is important to demonstrate that quality early on. I'll be publishing some code soon so we can get the ball rolling on the level of sophistication and quality in this project.
Who is going to trust someone who steals code and designs? The community is going to invest in who has proven he can create quality solutions. So that is the point of starting this thread is to start showing some code. Of course the best exhibits will be usable software with easy-to-use, clean user interfaces, etc..
Right now one of the big problems in crypto is there is so much that isn't implemented and fully refined. I will certainly be challenged in this regard being only one person. Getting other developers to join is very important eventually. But still the lead has to really lead and do a herculian output, otherwise the project doesn't fly.