Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
TPTB_need_war
on 08/01/2016, 23:53:35 UTC
Well I agreed with Fuseleer that Partitions can be created, but this doesn't change the problem that consensus still needs to be attained within each Partition and a global consensus is still needed for those who wish to spend to another partition; and consensus will always require PoW or PoS. So afaics you haven't disagreed with what I wrote.

Did I miss your point?

You can still obey CAP and produce a viable, decentralised cryptocurrency IMO. Losing partition tolerance is the lesser of three evils, but like I say, how can you agree with someone you've never spoken to?

I agree with Fuseleer it is possible to have temporary partition tolerance, which apparently is in essense what Iota is doing (but I am contemplating that it can be done another way with blocks that I think might have superior qualities). But you still need a global longest chain rule (or the inferior PoS rule) to resolve interpartition activity (which afaics DAG+PoW=Iota seems to lack?) and thus no unbounded partition tolerance (only temporary). Apparently Fuseleer, CfB, and myself all discovered the same conceptual insight.

P.S. I edited my prior post. CfB I also edited the post you replied to.