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Title: Will the Real Decentralized Consensus, Please stand up! Post by: Matb001 on February 08, 2019, 11:23:45 AM Vitalik Buterins claim that to achieve, higher transactions per second you need to be “centralized” in the sense to you are running few nodes, is not really correct, it assumes a certain amount of things... https://quantum1net.com/decentralized-concensus-discussed/ Title: Re: Will the Real Decentralized Consensus, Please stand up! Post by: Saugani on February 08, 2019, 06:11:00 PM my assumption, first; it could be yes or no, why?
1. as we know XRP one of what we can conclude that centralized, and in fact the performance scalability TPS can be reliable. basically, a centralized system is where data access can be one place or one server. 2. we can research a variety of projects that exist now or in the future in the scale of the base blockchain, with the assumption of decentralization on the TPS. there are many may also be some in terms of scalability TPS with the speed per second that can research such as the project: IOST, QUARKCHAIN, HPB, DREP, etc with any distributed system such as FANTOM, COTI, HEDERA Hashgraph etc. because the technology is growing, especially the field of blockchain then there will be more projects in the future that can be reliable in TPS just again e.g. TrueBit, MULTIVAC, HARMONYONE, ELROND etc. but I hope be there is indeed a new breakthrough & be made a major in the scale like this. so my conclusion, the node is very important to ensure the scale of the TPS it’s an increase in the transaction system. But what's wrong with a node on the network from the developer can partner with anything a consultant in the field of the node and there is a lot of. centralized: it can be the rental to a high transaction system. decentralized: it can anyone any support supplied up 1000x to node network within transaction system a.k.a TPS Title: Re: Will the Real Decentralized Consensus, Please stand up! Post by: kingzpro on February 08, 2019, 07:33:50 PM I think 100% decentralization is not possible and this has been not agreed upon between major blockchain setups and also the governments and the tech cannot move forward without these two major stakeholders, even the steps such as kyc and taxation are also against the concept of decentralization but i think we need to compromise a little to declare all these crypto assets as real world legal assets and work towards more and more acceptance and adoption around the world.
Title: Re: Will the Real Decentralized Consensus, Please stand up! Post by: timmmers on February 08, 2019, 07:41:31 PM Vitalik Buterins claim that to achieve, higher transactions per second you need to be “centralized” in the sense to you are running few nodes, is not really correct, it assumes a certain amount of things... https://quantum1net.com/decentralized-concensus-discussed/ Title: Re: Will the Real Decentralized Consensus, Please stand up! Post by: Awesomus Maximus on February 08, 2019, 08:11:44 PM Vitalik Buterins claim that to achieve, higher transactions per second you need to be “centralized” in the sense to you are running few nodes, is not really correct, I don't really understand what you mean by "not really correct". Anyways, higher number of transactions per second can be achieved without centralization. One of the ways it can be done is by using sidechains, like the lightning network of bitcoin. I think the wrong way to achieve this is by using a small number of centralized nodes, like the approach of EOS and similar crypto currencies. This goes against the spirit of decentralization and it brings nothing new in comparison with the traditional ways of payment. |