Re: [ANN][KMD][dPoW] Komodo - next generation platform, Secured by Bitcoin
lol, except that it has nothing to do with proof of stake. Stake-based =/= Proof of Stake. Your stake, represented by the coins you get 1:1 vote with (or your direct KMD for that matter), do not generate blocks themselves, nor do the NN's via POS.
As for your edit "if I said dPoW is a version of PoS you would be correct, but I didn't say that". Ummm? "dPoW is a hybrid version of proof of stake" So you inserted hybrid and that is suppose to change the core statement? Really?
And trolling? If correcting a nonsensical statement that is only going to serve as a statement of confusion makes me a troll, so be it. I'm probably one of the larger holders here.
Why don't you give a definition and explain dPoW then?
Just replying 'No' was worthless
My definition would not include POS, that's for sure.
Gutless, you can't define dPoW adequately can you, not without mentioning 'stake'.
Stay a million miles away from any marketing, komodo needs adoption and that comes from simple explanations people can understand. You can't do that, can you?
I find it sad that because I corrected you in reference to using a consensus algo as your base case for what dpow is, you feel the need to label me as a "troll" or heaven-forbid, a VBK fanboy. lol
Want a super crude and cheesy dpow definition without using the word stake (which is wrong): "Securing your project through Bitcoin's hashrate, because wasting resources is silliness" or "dPow, back your project up to Bitcoin's ledger--simple, secure, affordable"
Done. Next.
EDIT: I'm not a marketeer personally, so these short little quibs about what dpow is is simply to prove to you it can be done without wrongly using a consensus algo. Having a technical debate with someone that doesn't understand that basic fact isn't worth my time. Sorry.