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RE: Bitcoin United (BTC-U) offers 3 second Confirmations and Massive Throughput

in #bitcoin7 years ago

Well the Tx/s needs to improve.

Energy inneficent - I would argue entropicly secure.
Mining companies have exactly as much power as they should.

DPoS is a tradeoff. Period.

It might not be a bad tradeoff in all cases, see steem. But for sound money, Bitcoin got it right with PoW.

That said, the world really only has a place for 1 maybe 2 PoW 'things'. PoW has very well studied concepts of finality.

Finality in DPoS is ehhhhhhhhhhhhhhh.

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