Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
patmast3r
on 11/01/2016, 14:29:33 UTC
I agree that checkpoints in POW fail the trustlessness goal.  It seems you also agree that POW/POS are never both append-only and trustless.  But based on my reading of the consensus algo of eMunie, its possible to have a ledger system that is all three important qualities:  trustless, append-only, and resourceless (meaning doesn't waste resources).  Is there another crypto with those three?

The last thing I read (months ago) was that eMunie was trust based, and followed a similar security model to POS, but things may have changed since then. Fusilier is supposed to be writing up his consensus summary when he gets a moment in this thread.

Are you refering to this http://blog.emunie.com/?p=53 ?
Where do you see the similarities to POS ?