Btw Daniel admitted that Bitshares governance was not working as Paul Sztorc explained, but Dan claims Steem solved decentralized budgeting but I have pointed out it is mathematically impossible that it did or could.
That's why they switched (or switching?) to weighting that starts square and transitions to linear - best of both worlds - filtering and linear dependence.
Plus, each system was different by design:
https://i.imgur.com/CGXS4B8.pngdpos was down
Complete horseshit. Really, fucking using website explorer being down as proof? lmao. did all 100 witnesses go down & the ones after that? Can ask Charlie Shrem, he's one of them. Because that's what would have to happen.
dpos was never down, it was ddos'ed because it was mentioned a lot on assange tweet which I guess made people attack it. I tested with steemdb (steemd sucks) dtube.video and steemstream.com
Even if the chain went down, which it didn't, thanks to irreversibility, there would be no danger to any user - much more preferable to chain splits.
vitalik reference
Vitalik is factually wrong about virtually everything about dpos & has done 0 reading on the subject starting with claiming dpos doesn't use merkle trees for security. He's also
one of the biggest idiots in crypto.Vitalik: there are a lot of protocol features that Ethereum has EOS doesnt have. One of them, for example, was merkle trees. Dan: EOS does have a merkle tree over all the transactions within a block.
ico = only a money grab
This here means you did no effort to search the reasoning and just guess.
They don't need the ICO funding:
https://imgur.com/a/Zt9ezDan spanked Vitalik here:
https://steemit.com/eos/@dan/response-to-vitalik-buterin-on-eos and here:
https://steemit.com/eos/@dan/reponse-to-vitalik-s-written-remarksHere he made more fun of Vitalik:
https://i.imgur.com/BexilLT.pngVitalik's comments about no fees in dpos 2-3 apply far more to eth than dpos. Plus, because eos has vested stake lending,
you can have same fees as on eth in EOS by temporarily lending for a fee some resources if you want.
And here you can see how much more decentralized producers are in dpos:
https://i.imgur.com/dFM3U79.jpgAnd if we go by users influence via full nodes for ethereum (22,787 nodes) and users influence via tokens (37,906 holders for bts), even bitshares is more decentralized than eth.
Oh, note how it also applies Pareto breaking principles via approval voting and equal weight to all witnesses that ethereum and casper and cosmos fail at.
Oh, and current launch stats for EOS are in 10s of millions tx/sec with
0.5 sec block time, no fees, and <1 sec finality.
Meanwhile ethereum can't scale
https://i.imgur.com/i6RWuVg.pngEthereum was 72% premined so already failed at distribution, and then majority was sold in liquid ICO = both are distribution and security failures compared to BTC and EOS.
Ethereum later proved to have complete centralization during bailout, something not even remotely debatable, and ethereum now has 0 relevance to any discussion about decentralized blockchains.
Any other ICO format for a PoS coin would be literally idiocy.
Uncapped real time traded slow release ICO is the only valid distribution method for an ICO for any blockchain where coins are used for consensus:
in other words, capped/uncapped token sales have the liquidity of the entire supply for buyers to enjoy still. By emitting new coins slowly, the exchange orderbooks provide the liquidity with far less coins available, and some even withheld by holders, thus making buying out order books more cost prohibitive.
https://www.reddit.com/r/CryptoCurrency/comments/76hiqp/negativity_towards_eos_dan_is_unwarranted_not/I have no idea whether EOS will succeed, but Hyperme.sh seems to have 0 knowledge about this subject. Reminds me of those scammers trying to defend idiocy like trusted set-ups (backdoor) or
lie about other projects like waves likes to do.
