Quote from: smoothie on September 10, 2015, 03:40:43 AM

Quote from: TPTB_need_war on September 10, 2015, 03:21:34 AM

Quote from: r0ach on September 10, 2015, 01:45:40 AM

Quote from: DecentralizeEconomics on September 09, 2015, 11:52:54 PM

DPoS is not decentralized. Here is why:

...Having said that, most people know that Bitshares is going to have elements of the Roman senate, maybe people will even stab or murder each other eventually. It will be great for Coindesk news. It's also going to have elements of corporate fascism, as corporate entites attempt to gain control of a disproportionate number of nodes. If the ownership of publicly operated delegates seems fishy to you, you can simply stop using the system. If they're operating nodes on the system, they probably have assets on the system, and will most likely be hurting themselves doing this.

This is like if you see two Bitcoin PoW pools in China that combine to make up 70% of the hash rate but are owned by the same guy or brothers, you might stop using BTC. The Satoshi system is obviously not sybil resistant in this case. The incentives to not do this are basically the same in both systems, but it can still happen. There will always be politics you can't escape from in the real world that you have to audit yourself.

The purpose of DPoS is kind of to engineer the way these systems play out from start to finish in a defined manner where the likelihood of things like sybil are minimized, or force them to be visible for you to audit yourself. If you're uncomfortable with the delegate ownership or coin ownership, you should simply not use the platform...

http://cryptorials.io/glossary/delegated-proof-of-stake/
https://bitshares.org/technology/delegated-proof-of-stake-consensus/

Well, well now I see I have the only consensus design that is not a PoS (Piece of Shit), Satoshi's design included.

I take the best from Satoshi and fix it all the way it should have been.

'Nuff said. I need to implement, so I can publish. Sooner the better.

I am so sleepy, been here discussing for entire afternoon and night and now it is 11am again. Zzzzzz....

One thing that stands out is your ego.

Honestly I am giving you my observation. You remind me of RealSolid (dev of solid coin) back in the day.

He would talk so highly of himself and amounted to nothing.

Perhaps instead of building yourself up, be humble and release your project when it is done and stop with the unnecessary ego pumping.

So what has exactly happened to the Bitshares price? I thought the Bitshares will be at the moon surely at this moment, at least the OP made it sound like that. He was very confident about it nevertheless.

I got into the Bitshares at 1800 satoshis, just after a launch. Rode up with them all the way to 9000 satoshis and sold everything between 5000-6000 when they started falling as a rock from 9000. I lived through the whole PTS - BTSX merger. There hasn't be a working wallet for over a year for this coin. And the new BTS wallet (not BTSX) is late about 9 months.

To sum up, for someone to come and to claim how BTS is going to the moon and has bigger volume than Ethereum, the OP is at least to say very cocky!