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RE: New Boss, Same as the Old Boss.
Not necessarily, the top 19 witnesses can ban and censor technically through a consensus mechanism. They can rewrite the chain.
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Not necessarily, the top 19 witnesses can ban and censor technically through a consensus mechanism. They can rewrite the chain.
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So every witness has to agree and then on top of that hope they don't splinter the community and cause a fork in the chain. Seems pretty slim.
All top 19 have to agree. What do you think Dan was talking about when he made this remark?
https://steemit.com/blockchain/@the-ego-is-you/re-dantheman-the-problem-with-byzantine-generals-20170130t142131108z
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Very nice. The problem with @dan's love of DPOS is that it makes him blind. Don't get me wrong, it is amazing that he created a new consensus algorithm, but if one group has a lot of coins and they use their influence to rig elections, then it isn't hard to elect 20 witnesses that are all corrupt.
Luckily, crypto is so new and unsettled that literally no one in the space want to do anything that might kill it. However, once crypto goes x1000 again and becomes unkillable, we might see the corruption start to seep in.
Lets start with this: is banning/freezing accounts, removing data from the chain and otherwise moderate how people can interact with the chain a bad idea and if so why, and if not is it then a good idea and why, considering that it's implemented as decentralized, not necessarily dPOS but proof of participation and through participation score levels?
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Literally anything can happen on any chain with enough consensus. I'm having trouble seeing the point here. Ethereum hard forked to steal back funds from a single hacker.
With a proof-of-stake implementation all that really matters is how trustworthy the stakeholders are. Luckily they have a built-in financial incentive to be trustworthy or their stake becomes worth less.
I want to know why you think we ought to not use blocking banning and otherwise moderate.
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I think every community should come to consensus about how their platform should operate. Variation and redundancy are imperative to create a robust network.
A community wide consensus is very hard to achieve, and variation means that we don't make use of banning blocking and otherwise moderating?
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