Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
Byteball is the first DAG-coin
Bitcoin is the first DAG-coin
CfB knew this in 2015, way before Byteball was a thing
Ethereum uses DAG aswell, any comparisons that can be made?
DAG != DAG, we can say that Bitcoin uses DAG as well.
PS: Technically any blockchain is DAG, I don't see Bitcoin or Ethereum cheerleaders screaming "DAG".
More fun:
Here is a more informative picture (arrows show references, they are directed opposite to the timeline):
+1
No block-chain representation will ever be nicer than that DAG-chain.
I'm still not convinced that Byteball is a pure DAG coin, to prove my position I would need to generate a lot of transactions on Byteball network to show that in certain conditions (related to DAG topology) TPS growth is negatively impacted by necessity to pick the main chain. If you compared Ethereum (which calls itself blockchain) and Byteball you would see that they don't differ much:
If you looked at IOTA you would see this:
I'm not interested enough to make sure that my assumption is correct, but you could help by generating a lot of transactions and posting here the topology of the resulting Byteball DAG. Try 10 TPS on the testnet maybe?
If you looked at IOTA you would see this:
I'm not interested enough to make sure that my assumption is correct, but you could help by generating a lot of transactions and posting here the topology of the resulting Byteball DAG. Try 10 TPS on the testnet maybe?
"No block-chain representation will ever be nicer than that DAG-chain."
It's pretty obvious which is the real DAG coin
What is the significance of the implied difference?