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I never took Bitshares seriously. I thought their licensing strategy was insane so I dismissed them. Then I read their delegated proof of stake paper. It's one
by JamesArgo 12y ago
I never took Bitshares seriously. I thought their licensing strategy was insane so I dismissed them. Then I read their delegated proof of stake paper. It's one or the more rational, practicable alternatives to POW I've seen proposed.
- tinkerrr 12y agoWhat's their licensing strategy? Are you talking about the fundraising (Angelshares/Protoshares)? If you are, it sounds fair to me that the people who funded the development and project early on, before a final product was ever released, should be rewarded. Besides, the "licensing" is just a social consensus, not a legal one. The project is all open source. Agree with the Delegated Proof of Stake paper. It's well written and well implemented as well. Going forward, I am sure quite a few other projects in this space will adopt the idea.
- aaron-lebo 12y agohttp://bitshares.org/delegated-proof-of-stake/ http://bitshares.org/delegated-proof-of-stake/ ...a link for anyone wanting more information about DPOS.