Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
pineapple express
on 16/03/2018, 09:18:28 UTC
This is an interesting blogpost from Dan Hughes (the lead developer of Radix) writing about why DAG coins (like Byteball) will not scale.

https://www.radixdlt.com/post/dags-dont-scale-without-centralization

Byteball is named in only one sentence and it concludes that Byteball (and Iota) are not very censorship resistant.

    "At present, the only way for a DAG to guarantee against double spending and 34% attacks is with the aid of a centralized authority. Byteball, another DAG, has 12 ‘Witness Nodes’ and IOTA has ‘The Coordinator’. These tools mean that the networks are not censorship resistant and that, should the centralized authority be compromised, the network would be vulnerable to an attack from the centralized state itself."

Tonych could you enlighten us about this vulnerability about being censhorship resistance?

#16 in the whitepaper https://byteball.org/Byteball.pdf

I don't think that conclusion is being made with a full understanding of the platform.
16. Censorship...... Only the majority of witnesses can effectively impose forbidden content rules – if users choose such witnesses

government is able to put pressure on public witnesses. And they will simply refuse to be witnesses. In this case it will be almost impossible to find a suitable replacement for them