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sr. member
Activity: 254
Merit: 1258
May 12, 2016, 03:42:26 PM
#8
I am sure all those coins were developed with the incentive to create the best coin for the tasks they were looking to solve. With that in mind, you obviously have a different view and are welcome to act upon it. Lisk and Ethereum both already have copies, why not go ahead, take the source code of one of them and strap PoS on it?
Lisk and Ethereum both have pos, ethereum is just planned. That's not what is inherently wrong with them, the issue with Lisk is a very huge potential for corruption and bribery. When there are 101 delegates that choose everything and can vote out one person a company or group can easily pay and manipulate to take full control and after 51 of them are delegates they can force their will on any matter.
full member
Activity: 236
Merit: 100
May 12, 2016, 07:49:50 PM
#7
Quote
Lisk has only 101 spots to stake and pay a lot to do it (becoming a delegate), delegates can be voted out so corruption and bribery can push the coin in one person's way.

I don't think this is fixed. 101 delegates is just to start the Network as i understand. I have been watching the Lisk comunity and i have heard somewhere Max saying they would extend it in the near future to 1001 delegates and probably more if needed. The rest of the delegates are in stand by in case of one of these fails.
newbie
Activity: 28
Merit: 0
May 12, 2016, 04:02:16 PM
#6
Re: The perfect coin waiting to come around? (mix of ether, lisk and bitcoin?)

How is it possible to create a perfect coin out of nonsense coins that have no use case and have fundamentally flawed Nash Equilibrium.

Stop with the smart contracts already. They are nonsense.

Or much better just ignore me, and I'll return the favor.
hero member
Activity: 994
Merit: 513
May 12, 2016, 03:12:17 PM
#5
I am sure all those coins were developed with the incentive to create the best coin for the tasks they were looking to solve. With that in mind, you obviously have a different view and are welcome to act upon it. Lisk and Ethereum both already have copies, why not go ahead, take the source code of one of them and strap PoS on it?
full member
Activity: 140
Merit: 100
May 12, 2016, 02:56:35 PM
#4
What you are looking for will likely come with Ethereum in the Serenity release. Its fair to be skeptical of what that will entail though until it is actually rolled out to the network.

Honestly though, I think the "unlimited" supply narrative that the Bitcoin maximalists use to discredit other coins is a bit overblown. A small amount of inflation is not the end of the world (and many economists would argue that it is a positive thing). IMO the most important thing is that the amount of inflation is fully known, the way the subsidy is distributed is fair, and it can be planned and contracted around. If you know there will be 3% inflation every year and it is providing network security, its not that hard to adjust for it.
legendary
Activity: 1146
Merit: 1006
May 12, 2016, 01:53:49 PM
#3
well u have a point but thats the thing. Its a community and everyone is with different goal and motivation for their own coin.
even if like u say, take the best part of both of those coins and make one what will it change. what will its purpose. thr are hundreds out there.
why dont just fixed things make bitcoins v2 then with all those new algos and stuff.
there will still be something missing. its better thr are different coins for different purpose. and bitcoin is like the one connecting all the dots right.
legendary
Activity: 1120
Merit: 1000
sr. member
Activity: 254
Merit: 1258
May 12, 2016, 01:42:18 PM
#1
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