jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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May 16, 2014, 04:31:51 AM |
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Even I (not being a bitcoin expert) can see that this paper's idea for an alt-coin is full of half-baked ideas, uncertainties and questionable assumptions, if not flat out erroneous.
This idea of converged consensus is based on RANDOMNESS, which is hardly desireable.
Compare that to Bitcoin, which creates consensus from proof of work based on incentivizing miners to be honest nodes.
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