The Ethereum Paradox

[slaman29]

Wow, what a find. And this thread was made almost around the time I first started learning about Ethereum.

The ending point is the chief point of all my arguments against Ethereum as well. Yes, I have learnt to respect it. Yes, I have even bought a little to add to my "holdings". Yes, I can even marvel at some of the achievements.

But I cannot forget that every time I consider it long term, I ask myself: can I trust that Vitalik is smarter than Satoshi? Or. Can I trust Vitalik?

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[R9s]

Although Ethereum has a great dependence! But now that more and more projects are being added to the token market, their demand for Ethereum is very large unless one day a new team replaces it!

[Traxo]

https://medium.com/@shelby_78386/i-dont-see-how-it-s-plausible-for-parallel-forks-of-the-hash-chain-to-be-finalized-concurrently-cb57afe9dd0a

@anonymint informed me that he added a very significant EDIT in the middle of that linked Medium post,
wherein he analyzed the OmniLedger (and Byzcoin) consensus ledger design in the context of his rebuttal of Vitalik's 2017 blog.
It turns out that OmniLedger is exactly the same as the design @anonymint had conceived of as of early 2016,
but he had discarded that design due to some flaws which he explains in the new EDIT.
He also explains how his current design improves upon those remaining flaws in OmniLedger and EOS.

[Traxo]

@anonymint has written a comprehensive blog analyzing the extant projects and consensus ledger designs.
This exemplifies the depth of his research and expertise, as well pretty much points out that
there's nothing yet published in our industry which can achieve all three of: scalability, security, and decentralization.

https://steemit.com/cryptocurrency/@anonymint/scaling-decentralization-security-of-distributed-ledgers

[Traxo]

@anonymint has split the recent blog into two parts because it exceeded the maximum length in bytes of a Steemit blog.
Part 2 now has a more complete explanation and analysis of how Byteball works which was extracted and improved from his CRED 2016 whitepaper rough draft.
Also an analysis of Hashgraph will be added:

https://steemit.com/cryptocurrency/@anonymint/scaling-decentralization-security-of-distributed-ledgers-part-2

[lalatao77]

I read a paper a few years ago. In certain conditions, 25% is enough to launch attack. But for Ethereum, it is GPU mining, so it is difficult to have vast amount of hashing power.

[vivuta102]

The problem is with the operating system's entropy pool and the API for accessing it. Avoid it entirely if you want to be very sure.

[bamita140]

Will I receive your apology when you later realize you were wrong, as you did on Iota and again on your other failed idea for DAG-like design.

[trannguyen.22021999]

So now we know stoat refuses to provide proof and thus is a low life lying scammer who has to beg for funds while lying about a friend in need.

[Rejinx]

Bitcoin is not whatever amplified administered than Ethereum. it is conscionable as inessential in that impression. Ethereum conscionable entranced the brain curve of the programmable handwriting in bitcoin and lingering the functionality

[maoasd99z99]

Let me ask a stupid question here. How a user can have gas in one partition and not to have gas in another ? Are you saying that a user had spent his gas but it didn't get validated by the system ?

[Sakira72]

So now we know stoat refuses to provide proof and thus is a low life lying scammer who has to beg for funds while lying about a friend in need.

[vokain1]

@anonymint has written a comprehensive blog analyzing the extant projects and consensus ledger designs.
This exemplifies the depth of his research and expertise, as well pretty much points out that
there's nothing yet published in our industry which can achieve all three of: scalability, security, and decentralization.

https://steemit.com/cryptocurrency/@anonymint/scaling-decentralization-security-of-distributed-ledgers

Shelby’s Law?