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RE: The History of Delegated Proof-of-Stake (DPOS)

in #blockchain4 years ago

15 witnesses that would surely risk their positions much more than the 15 mining pools, should they do anything that their voters don't agree with, whereas on Bitcoin the risk is much more indirect and endlessly less costly.

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Sun took over the Steem chain easy with just a few millions. Oen server to run everything.

I want to see him try the same thing on the Bitcoin chain.

Then will try to compare the costs

Except that it still hasn't happened, even despite the attempts at using/hacking the exchanges. You know what cost absolutely nothing though and is clearly transaction refusal even so? The witnesses softforking stinc's stake out. They risked close to nothing considering that they didn't go against the voters. Hypothetically, what would the risk/reward be for mining pools doing the same, especially when there's no governance built in?

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