RE: The Dfinity Consensus White Paper: Near Instant Finality
Hey again @five34a4b:-) I have a question as well as kudos for a very well written post that explains just enough and then a bit more to stretch the reader. Kudos for precise writing!
Now on to the question... If I am reading this right the Dfinity model will completely change the economics and incentives for mining ala Bitcoin and drastically reduce block compilation time lag by using less verification nodes using notaries instead of proof of work? Also using different encryption and random assignation of nodes to protect block integrity with threshold verification levels to prohibit dropped blocks from unresponsive nodes?
Second question: I can see many use cases for Dfinity but what are they aimed at primarily? Can it be layered in a stack protocol like Lightning is attempting to do on top of the Bitcoin blockchain?
I have lots more questions about blockchain (!!!!;-)), such as are all blockchains basically same satoshi program with different use cases or are they as different as MS, Apple, Unix architecture?
AHHHH last question...How does one invest/moneytize blockchain app such as Dfinity without either buying their tokens before/after ICO which is speculation or write code and get paid in tokens (slightly lesser form of speculation). I want to invest in Lightning but have no clue how.