I'm having a hard time figuring out how Stellar is different than Ripple.
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@NickSzabo4@adam3us@socrates1024 do stellar-like services, if successful,reduce miners long term incentives to secure the bitcoin network? -
@mdotfallon
@NickSzabo4@adam3us If they're truly successful, then proof-of-work mining is a waste of time and will go the way of the dodo -
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@socrates1024 @mdotfallon@NickSzabo4 Byzantine Generals Problem 1982 https://www.andrew.cmu.edu/course/15-749/READINGS/required/resilience/lamport82.pdf … bitcoin soln decentralized sybil resistant -
@adam3us@NickSzabo4 @mdotfallon ... it's only proven under either unrealistic (50%+ HONEST) assumptions. Incentives = unsolved.
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@NickSzabo4@grainsofbitcoin@socrates1024 "ripple where's the math"@JoelKatz was open w limits from gmaxwell Qs http://tinyurl.com/bh3md8h -
@adam3us@NickSzabo4@grainsofbitcoin@socrates1024@JoelKatz from his response it doesn't sound like ripple ended up much diff f bitcoin? -
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@HoboJerk@NickSzabo4@grainsofbitcoin@socrates1024@JoelKatz@justmoon starts talk "ripple is not a cryptocurrency its a payment network" -
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