Quote from: TPTB_need_war on January 10, 2016, 10:02:07 PM

Btw thank you for your kind statements. I also have no animosity towards you. Just sharing openly my thoughts.

Quote from: CoinHoarder on January 10, 2016, 09:56:54 PM

You, and the other posted in this thread, seem to be focused on the shortcomings of every facet of Bitshares without considering (or mentioning) the positives that come along with the different technologies that Bitshares is composed of.

BitShares is so diverse in what it purports to do, I haven't had time to compile a detailed analysis. I do know they ~~lied~~hyped/mislead about the 100,000 TX/s rate of the 2.0 release, and I had to do some research that it really only is about 10 - 100 TX/s realistically as of now.

I will need to spend more time in the future doing a comprehensive analysis of all major coin technology. But for now that would slow me down too much on more urgent work.

I must admit I still have a philosophical bad after taste lingering from my debates/discussions with Daniel Latimer from 2013 in this forum, because he was proposing features which seemed to me to be the antithesis of decentralization, e.g. some thing about paying interest rate to stake holders in a namecoin variant which I explained to him was socialistic and opposite of our goals for End-to-End principled protocols. He dismissed me, as most good socialists do to the ideals of Libertarianism (the true anarchistic kind). So when I read him writing that decentralization is impossible therefor we should make a coin a corporation, I want to puke. I try to believe people can change, but I know rarely they do. I almost got desperate enough recently to consider testing whether I could implement some anonymity for BitShares and get paid for it. But then it only took 3 minutes at their forum to change my mind. Search my old username there "AnonyMint".

I am not accusing scam. Rather I think difference in core philosophy.

Quote from: CoinHoarder on January 10, 2016, 09:56:54 PM

I do not think the following is possible in dPoS (I'm not sure about other forms of PoS), because delegates cannot change or set transaction fees by themselves. Transaction fees can only be changed by committee members which are elected by stakeholder vote. Not including a transaction because it doesn't have a certain amount in transaction fees seems silly, because the next honest delegate will do so and the honest delegate will get whatever fees are associated with the transaction. They would basically be giving up free money, putting a big red flag on their witness campaign, and it would be very likely that would get them voted out. Part of the incentive for delegates to stay honest is the future income of blocks produced in the future, although as I stated earlier... even if they are dishonest there is not much they can do other than withhold transactions from blocks (and the transaction would be included in the next block produce by an honest delegate.) The way I understand it, DPoS' main weakness is that all consensus algorithms suffer from.. a 51% attack.

Quote

[1] Another scenario is DDoS attack other stake holders when their turn to mine a block, then jack up your transaction fees sky high when its your turn to mine a block.

You forgot my point that the attacker can short the coin. And that delaying transactions is an attack that could cause the share price to crater. Or DDoS attack all the others and then force all transactions on to your block. This is the problem with PoS and DPOS, because the ordering of who will mine is known before the transactions are sent. That is a major flaw compared to PoW.

AnonyMint

Every Friday the BitShares group has a live mumble session with Dan where updates are discussed along with new ideas/comments/concerns. You mentioned wanting to compile a more detailed analysis, thus what better way to do it but with Dan himself? The two of you have built quite a reputation in the crypto space and a simple discussion would make a highly educational learning experience for others.

Any chance you could make that happen?