Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
ByteFan
on 17/12/2017, 15:09:13 UTC
Can a dev explain me why voting for 12 witnesses is better than automatically assigning witnesses to the biggest wallets. In case of schism/ collusion they lose everything so why trusting democracy instead of those who have money at stake?

Witnesses must post to the DAG. A silent wallet as a witness is pointless (even if it is the biggest).
If you give a spot for the biggest wallet he will join if there is money. If not the sec one will.

Could be. Would need a fork. It is not the way it is designed today.