Re: [ANN][KMD][dPoW] Komodo - next generation platform, Secured by Bitcoin
PoS is becoming a rubbery term like blockchain, if we want noobies to understand replying with a 'No' without any further explanation is not helpful and looks like FUD. He clearly intended to point out NN are selected based on stake via an election. Nothing too wrong there, maybe he could have said NN selection is similar to delegated PoS,
the takeaway for noobs is dPoW doesn't require burning huge amounts of electricity or warehouses full of hardware, anyone can run in the election even if they own zero kmd.
Thanks you
What does 'immutable' mean after The DAO hack and Ethereum rollback?
What does Nakamoto consensus mean after the HashWar and BCH/BSV split?
Notary elections are stake based, 1 VOTE = 1 KMD, so I'm sticking with dPoW is a VERSION of (delegated) PoS, that makes sense to me, and regular Jo's can understand the concept. The VOTE allocation is based on proof of stake, no selling votes, no sending VOTES to third parties, just 1 legal send from KMD investor to a NN candidate. 64 NN then form a network for completing dPoW tx, that's the essence IMO