Post
Topic
Board Altcoin Discussion
Re: Theymos's list of altcoins with some technical merit
by
d5000
on 21/08/2017, 20:09:37 UTC
@Hyperme.sh: (AnonyMint?)

So your theory is that in PoS currencies like NXT, whales use a special client to coordinate their choices when the chain forks, and impose these to smaller nodes? Well, NXT's Economic Clustering, as far as I know, is indeed doing something similar ("it shows you where the whales are"), but it doesn't force other nodes to follow their chain. So I interpret it to be different than centralized coordination. For whales (and other nodes, too), however, it may be rational to follow other whales because they're those who most lose in a chain split event.

Of course I'm aware of the limitations of "altruism-prime" and about short term N@S attacks.

I propose you to present your "shocking document" here (in a dedicated thread) once it's ready, I'll read it and then decide if it's convincing for me or not. The first lines Traxo quoted, however, didn't present nothing new for me, these lines are based on documents presented in 2014 or 2015. Maybe however, labeling the document as superficial was premature, but to be able to judge about that, I must read it completely.

(PS: I had already deleted the section about Steem before you answered. Here I made a mistake, it's a long time ago I last dealt with Steem, and you are right, its current iteration is DPOS.)