Seems quite interesting. Is this kind of DAG-like chain like Byteball or IOTA?
Will be following this on closely. Good luck for the devs!
Its based upon a DAG, but the similarity ends there. This is unique, more efficient and truly decentralized.
I would love to know how's this more efficient if compared for example Byteball. I think that even there's unnecessary blocks removed from the DAG from time to time the size of the DAG is still quite big. So running full nodes in mobile devices is not very efficient. Is Prisma removing unnecessary block more aggressively? and what if the userbase keeps growing, is the Prisma's DAG still grow big?
Thanks!
Its a big difference between Prisma and byteball.
Byteball has a size just over 1.8 gigabyte in its "full node".
Prisma saves data with about 30 megabytes A YEAR calculated on 10000 accounts. Zero balance account gets removed since its no point saving them.
Number two, Byteball is using witnesses to order/timestamp the transactions. The number of witnesses that defaults handle all transactions are 12, i say again, 12. You can setup further witnesses but users has to specifially choose to use another witnesses.
Byteball is considered fairly centralized in this manner since the 12 witnesses all controlled by the developer must be involved in every transaction. The developer further protects all the witnesses behind couldflare so that they are protected against DDoS etc.
In Prisma everyone is a full node, and everyone can be a full node fully decentralized and trusted. There are no limits in the number of nodes and there are no centralized structure.
We can compare it to IOTA if you want as well. They are using a centralized snapshot server to keep thir size down, this is fully decentralized in Prisma, done automatically. Prisma takes DAG to another level, 3rd generation. Dont get us wrong, IOTA and byteball are both great, Prisma just works different, more efficient and more decentralized.
If you have any further questions, please ask.
