Bitcoin Forum
June 26, 2024, 07:09:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3]
41  Alternate cryptocurrencies / Altcoin Discussion / Re: Communist Bitshares Wealth Redistribution IS THEFT! on: January 08, 2015, 11:42:27 PM
There is performance and economic cost to having more nodes than is reasonably necessary to ensure security. You pay a penalty in transaction speed. If it's gonna take minutes/hours to form a consensus to confirm a transaction because of the extra overhead then how useful is that? It's about about being efficient. PoW is like a gas guzzling 40 year old truck that gets 5 mpg and takes $100 or more to fill the tank. It may be reliable but I'm not buying one. I and most people only want/need an efficient modern sedan/suv that get 30+ mpg and only takes $40 or less to fill. That is what DPoS is, a more efficient motor for the masses.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: Communist Bitshares Wealth Redistribution IS THEFT! on: January 08, 2015, 09:51:58 PM
The law of diminishing returns. Why is 6 confirmations enough for a Bitcoin transaction to be deemed secure? It's because the difference from 6 to 7 or more confirmation doesn't add a significant amount more security. The same can be said with nodes, Unless you are making and exponential jump in nodes, the difference becomes mute. How much reliable is 99.999% vs 99.9999% in overall security?
43  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin vs. BitUSD by BitShares on: December 30, 2014, 10:27:26 PM


When gateways become fully enabled through Bitshares volume and liquidity are when increase dramatically!
44  Alternate cryptocurrencies / Altcoin Discussion / Re: BitShares News + dicussion [Short and sweet regular updates] on: December 16, 2014, 05:30:16 PM


Nice. Now we need to get more bitassets like this!
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares Newsletter (October) - Bitshares Merger & Self Funded Growth on: November 05, 2014, 11:24:56 PM

4th place on coinmarketcap was just the beginning!!!!
46  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: BitShares Music + PeerTracks (Pre-sale launch) on: October 10, 2014, 11:33:41 PM

Its confusing because there are two seperate things being built simultaneous lee. The Bitshares music Dac is the for handling the Artiscoin. It's functions as a sort stock exchange for the coin(notes). PerrTracks is jsut the fstore for buying songs,merchandise (maybe tickets) and artist discovery. A person can come to PeerTracks, buy something a never touch notes part. If they however want to invest more in the artist or access more exclusiv things then the can invest the artistcoin. 
Pages: « 1 2 [3]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!