* I still argue PoW is not permission-less, but can concede it is much more permission-less than all forms of PoS.
You aren't even close to guessing my design. I am going to turn your entire understanding of tradeoffs between PoW and DPoS upside-down. For example, I make a non-PoW design more permissionless than PoW.
With many new cryptocurrencies sprouting in the net, is it possible that bitcoin can be overtaken as a top digital currency in the future? Is ethereum or other well known cryptocurrencies can be a threat to bitcoin dominance?
Maybe yes or maybe no,crypto currency is evolving,another inovation in crypto currency may come tomorrow
Not tomorrow but the "Bitcoin killer" is coming...
The technical innovation of this paper combines the unbounded participation of [redacted] with the bounded election of [redacted]; and which entirely ameliorates the power-law distributions otherwise deleterious ability to dictate transaction fees (or analogously the distribution of minted dilution as a substitute for transaction fees), double-spend, and/or censor transactions.
Note I should add that even a 100% attack can't double-spend nor censor transactions. This will sound loony to those who are knowledgeable, but it is only because they don't yet understand the paradigm-shift.