Post
Topic
Board Altcoin Discussion
Re: What 2.0 Currency will be the most successful?
by
DecentralizeEconomics
on 30/09/2015, 07:19:16 UTC
Out of that list, Bitshares has the best scaling due to DPoS.  NXT, if it ever gets transparent forging working, would have less TPS and slower block times, but better than other coins except Bitshares.  Transparent forging is kind of like recreating DPoS in a more Rube Goldberg approach:

DPoS is just a centralized version of NXT's PoS which was implemented so the Larimers and a select group of manipulators (aka the Communist Chinese Gov) can effectively rig the delegate elections through "approval voting" and control the platform.  Also, Bitshares ridiculous claim of 100k tps requires hardware with 1TB of ram.

NXT didn't invent PoS, so you should probably stop lying about that.  NXT will also not be worth buying until someone can demonstrate they can even get transparent forging working on the platform.  I honestly can't believe you're dumb enough to claim Bitshares can't do 100k TPS.  NXT, which would be using an inferior method of deterministic block validation claims similar numbers.  That was also Dan Hughes of Emunie claiming it requires 1TB of RAM, a guy who doesn't even know how Bitshares works.  Tendermint claims 40,000 TPS functionality as well.  You think Tendermint is lying too?  Bitshares can do whatever Tendermint can do or more, and NXT will likely do less than Bitshares while also having slower block times due to the way it's structured.

Bitshares is beating NXT to the market with both high scaling and stable market pegged assets, the two things actually required for crypto to go mainstream.  Nobody wants to hold crypto until it has stability like the dollar.

NXT was first to implement PoS as it's accepted today.  If you were involved in crypto when Bitshares was first being concieved, you'll remember that it was originally going to be PoW.  Only after the Larimers and their backers (aka the Chicom gov) saw the success of NXT did they change Bitshares over to their highly centralized, rigable version of PoS which they termed DPoS.  "Stable market pegged assets"?  Really?  You should stop lying about that.  None of these so called "assets" are stable because they aren't one-hundred percent backed by their physical counterparts.  Anybody with any sense knows that without full covertability you cannot have parity.

Yes, I'm extremely doubtful that Bitshares will be able to get anywhere close to 100ktps without having it centralized on a very small amount of very powerful servers which will of course be beyond the means of affordability for the average person.