Quote from: yla1974 on October 17, 2018, 07:15:37 AM

Quote from: ThachSanhTp on October 17, 2018, 06:58:31 AM

As the title, we are talking about the popular consensus - as I know now that includes POW, DPOW and POS. So what is the Best consensus in your opinion?
I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?

For me, the most reliable protocol is Fiat cash. Decentralization is the same myth as democracy. Although of course there are huge advantages for the blockchain, one cannot argue here. Of all the protocols, the most reliable POW. The rest is just not good enough.

But the actual strength of blockchain would come with decentralization, don't you think? What is the point if the blockchain is still controlled? (just trying to understand)