Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [R3D] NEW UPDATES COMING SOON
by
sidhujag
on 19/09/2015, 23:19:17 UTC
It may seems stupid but I don't care : what's is DPoS ?

asking questions like that is never stupid Tongue

dpos stands for delegated proof of stake... its a modified proof of stake where the people who 'stake' are 'elected' or 'chosen' in some fashion

think of it like paid officials that are elected in... and then think about why it doesnt work in practice (as is proven now) also read my last post Tongue

You haven't refuted anything that a thousand other people haven't thought about, instead you should get clarification on your misconceptions by posting in a relevant section.. If the Devs dont respond maybe you have something there but until that think of it as thoughts that float around that no one cares for.

its cool for you to spout out nonsense like this (it isnt really but whatever) but to blindly follow people without using your own set of logical patterns is ridiculous.. think for 1 second how bad actors can work on dpos... i get it.. you have an agenda.. we all get it.. but because you have an agenda doesnt make you or anyone else who has an agenda correct? get it? good

tell me in YOUR words why dpos is good, because i can and have told you why in PRACTICE dpos is horrible.... which is funny because some of us can change our minds about things, others just like to be stuck in their ways, which seems to be you.... i used to be a huge proponent of dpos until the reality of the situation that dpos is highly flawed in practice came to light....
sometimes things in theory are better than they are in practice.. deal with it

Check my edit.

That's the last I'll say about that here.. The rest I'll leave for you to respond perhaps in the right thread. I understand your concerns and those are probably the first things I thought about when lesrning about dpos but I've come around to seeing it in a different light, opposite of yourself.
The fact of tye matter remains that it is a better consensus implementation than pow in trying to achieve the same goal. It is not perfect but it is a step in the right direction imo. Even Gaven Anderson is starting to realize this recently in his reddit posts, tslking about prediction markets to come to decisions or usimg oracles that are trusted to do them.