Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
TPTB_need_war
on 11/01/2016, 19:14:12 UTC
Its no different here, except you have expend fees too to create the transactions as well as energy.

Unless you are burning the fees, they can be gamed to so there no net resource consumed.

The energy burned for doing some communication and signing operations may be insignificant compared to the gains of gaming the system.

We don't know the data structure in which these are record and details of how Byzantine faults are overcome. It is impossible to analyze like this.

I can't analyze this piecemeal like this. I need the entire model and details. I suggest we stop this, but feel free to carry on if you all want. I will probably stop responding to Fuserleer until he produces something holistically comprehensible.