Quote from: elbowface on April 21, 2016, 12:05:54 PM

Quote from: generalizethis on April 21, 2016, 11:48:36 AM

What the Bitcoin, Monero and other well designed coins do is allow you to see the centralization as verifiable data, that's the difference that matters. As I pointed out in my second post.

Explain how mining centralization statistics are 'verifiable data'. How do you know who controls the big mining pools? How do you know if they're not all controlled by one entity/guv etc?

We can't know except for example if they modify the protocol. That is what I argued to smooth and monsterer in the thread where I explained Satoshi did not solve the Byzantine General's Problem.

Quote from: elbowface on April 21, 2016, 12:05:54 PM

Quote from: generalizethis on April 21, 2016, 11:48:36 AM

Now your claim that Risto can destroy the coin by dumping, ect, are conjecture on your part, that I don't agree with, but if he could acquire coins by accruing them through nodes and having voting power through those nodes, I'd agree--in Monero and Bitcoin the governance is done by the miners and miners have a verifiable percentage of power through mining pools. Dash created a new and worse problem by their solution, so not exactly apples to apples. But if you want to argue about mining centralization, there are threads (populated by many members of the Monero and Bitcoin community) for that. This isn't a dash versus xmr or btc thread. It is a thread about dash's failure to make distribution of power a readily available data set that anyone can objectively observe and make fair and honest assessments.

Your claim that DASH's governance solution is a 'worse problem' is conjecture on your part.

The salient distinction is that mining influence in Bitcoin has nothing to do with how many tokens you own. And mining expenditure is ongoing whereas staked masternodes are only deposited once.

We've already explained this before. I am not going to explain again why staking is not secure.