Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
monsterer
on 21/01/2016, 19:55:34 UTC
Right, if assumes reward are directly tied to blocks (the atomic unit in Bitcoin). All that one observes of others nodes is very short term behaviour, and there is no way to sanction bad behaviour - all attacks have to be prevented in an ex-ante fashion. There are however potentially other ways to reward/punish behaviours, which are not tied to a single block.

I'd like to hear your thoughts on rewards not tied to a block?