Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
Teaser from my white paper:
Quote
Proposed Improvement Overview
The key design innovations are:
1. [redacted]
2. [redacted]
3. [redacted]
a) [redacted]
b) [redacted]
c) [redacted]
d) [redacted]
4. [redacted]
This design rectifies all the major flaws of DPoS and Satoshi's proof-of-work.
----|-PoW-|-DPoS-
#1 | #2 | #2
#2 | #1 | #1
#3 | #3a | #3a
#4 | #3d | #3d
#5 | #1 | #4
#6 | #3b | _
#7 | #3 | _
#8 | #3 | _
The key design innovations are:
1. [redacted]
2. [redacted]
3. [redacted]
a) [redacted]
b) [redacted]
c) [redacted]
d) [redacted]
4. [redacted]
This design rectifies all the major flaws of DPoS and Satoshi's proof-of-work.
----|-PoW-|-DPoS-
#1 | #2 | #2
#2 | #1 | #1
#3 | #3a | #3a
#4 | #3d | #3d
#5 | #1 | #4
#6 | #3b | _
#7 | #3 | _
#8 | #3 | _
What are the 8 major flaws you perceive (keep it concise, please)? Then, we can try to guess what the key design innovations are.
