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Title: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: TechorMarketing on March 16, 2016, 11:20:01 AM Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure.
Listen to his comments in this video and discuss https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381 Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: hv_ on March 16, 2016, 11:45:42 AM Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure. Listen to his comments in this video and discuss https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381 Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design ... using not a DASH masternode - rather an ETH one ? ;D Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: r0ach on March 16, 2016, 11:59:25 AM Speaking of governance, any closed loop system is a permissioned ledger/centralized company/or kind of shareholder directed business and not an actual decentralized currency. You're usually required to go through specific channels in order to go public and issue shares of a company, so these things might end in legal mayhem. The legal and regulatory system doesn't know how any of this stuff works, but once they figure it out, the shit is gonna hit the fan for PoS coins.
Something like Peercoin and Blackcoin (not a fan but whatever) might go unscathed because I believe the entire supply was mined and not issued via IPO. It's not really a problem for Eth because the load capacity of the network will always be abysmal because it can't be partitioned, functioning only as a commercially unviable proof of concept. The market cap for Eth should crash to nothingness long before the legal framework catches up. Maybe that's why Vitalik is hiding in Switzerland right now, just in case the SEC figures things out sooner and wants to make an example. Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: freshman777 on March 16, 2016, 12:10:20 PM Speaking of governance, any closed loop system is a permissioned ledger/centralized company/or kind of shareholder directed business and not an actual decentralized currency. You're usually required to go through specific channels in order to go public and issue shares of a company, so these things might end in legal mayhem. The legal and regulatory system doesn't know how any of this stuff works, but once they figure it out, the shit is gonna hit the fan for PoS coins. Something like Peercoin and Blackcoin (not a fan but whatever) might go unscathed because I believe the entire supply was mined and not issued via IPO. It's not really a problem for Eth because the load capacity of the network will always be abysmal because it can't be partitioned, functioning only as a commercially unviable proof of concept. The market cap for Eth should crash to nothingness long before the legal framework catches up. Maybe that's why Vitalik is hiding in Switzerland right now, just in case the SEC figures things out sooner and wants to make an example. Have you omitted Nxt on purpose because it is not a permissioned ledger/centralized PoS system? If it wasn't intentional and you simply forgot it exists, can you summarize how the shit is gonna hit the fan for Nxt once the regulatory system figures out what they're supposed to figure out. Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: Vladsupporter on March 16, 2016, 12:41:16 PM Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure. Listen to his comments in this video and discuss https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381 Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design I created this account just so these Monero drama queens stop putting shit on other people mouth, we know you hate DASH that much but at least quote Blad Zamfir right you piece of shit. We don't need you're garbage drama and false quoting Vlad. Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: stealth923 on March 16, 2016, 12:55:36 PM For anyone who reads this thread the OP account has been solely trying to FUD Dash with constant FUD and BS.
Do not believe anything that is said. This thread should be deleted. Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: Vlad2Vlad on March 16, 2016, 02:34:17 PM Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure. Listen to his comments in this video and discuss https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381 Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design Vlad Zamfir? Is this guy Romanian? Anybody know his Bitcointalk ID? thx. Title: Re: Ethereum system designer Vlad Zamfir - centralized governance failure of DASH Post by: iCEBREAKER on April 26, 2016, 05:30:17 PM Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure. Listen to his comments in this video and discuss https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381 Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design DECRED also demonstrates a way to decentralize governance without become a top-heavy, slow motion train wreck like DarkDashDuffieldCoin. Even without Dash's instamine and later emission cut, Masternodes are trusted third parties and thus a security no-no. |