Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
Quote
PoW vs DPoS:
Contrary to popular belief, 101 single-purpose servers are far more decentralized than thousands of miners lumped on a few mining pools;
not to mention the fact that with PoW, you have an ongoing arms race to become the most powerful miner,
leading to an ever increasing energy consumption of the whole network bottlenecked through these pools.
The Lisk Network has no such difficulty adjustments, and is extremely eco-friendly.
Every pool is just 1 server in the network, not a bottleneck.
Contrary to popular belief, 101 single-purpose servers are far more decentralized than thousands of miners lumped on a few mining pools;
not to mention the fact that with PoW, you have an ongoing arms race to become the most powerful miner,
leading to an ever increasing energy consumption of the whole network bottlenecked through these pools.
The Lisk Network has no such difficulty adjustments, and is extremely eco-friendly.
Every pool is just 1 server in the network, not a bottleneck.
In POW paying for electricity, in DPOS paying for infinite inflation and a large amount of new forged tokens(3,15M new forged lsk in per year with almost free cost price). How you can save money in DPOS? I don't see any advantages in DPOS with such inflation.
Quote
But what about the sidechains when Lisk projects are released?
https://cointelegraph.com/news/lisk-unveils-core-software-revamp-security-top-priority
The move is, in fact, a precursor to a complete rewrite of Lisks SDK code base, which according to the press release is still at the conceptual stage.
pooling, forging rewards, and inflation are being discussed this evening on Lisk chat. there will be changes.
Why does the lisk team keep going back around to changing DPoS?
The current system works as it was designed to work.
The Lisk Team should be working 100% on getting that SDK rebuilt as thats the only thing that will pull this turd of a coin out of it's death spiral.