Unless you're a PhD professor at Stanford, Cornell, etc. you probably don't want to be designing your own distributed consensus algorithms
@phantzen @Hyperledger @mongoosenewyork bitcoin needs to be thrown away and reinvented from the ground up
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@bascule@phantzen@Hyperledger@mongoosenewyork http://en.wikipedia.org/wiki/Washington_Agreement_on_Gold … maybe we could have the same agreement inside the Bitcoin community. -
@brunocecchini23 Meaning Bitcoin should remain an important element / dominant standard? -
@MeherRoy Yes, is like asking central banker to get rid of gold, I don't see the plus value in that move and them either. -
@brunocecchini23 Bitcoin is not like Gold. It's a broken analogy. -
@brunocecchini23 Doesn't matter to me. Think of it: Gold will stay with you. Are you sure of Bitcoin value - mining economics, 51% etc.? -
@brunocecchini23 Bitcoin has technology risk - something else could out compete Bitcoin. Gold doesn't.. -
@MeherRoy Fiat out compete gold, and we can have a cryptofiat consensus out compete Bitcoin and I think you work in that direction. - 5 more replies
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@bascule@phantzen@Hyperledger@mongoosenewyork tendermint as pow alternative seems promising? Bitshares' dpos also very nice. -
@hiddink@bascule@phantzen@Hyperledger Def on tendermint. Watching them closely. Bitshares should be on iNation in the future -
@hiddink iNation.io coming soon. Distributed platform for crypto life. @nathanwosnack
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@bascule@phantzen@Hyperledger Well, if you have the $, we have the team, but replacing that network will be hard ~ impossible.Thanks. Twitter will use this to make your timeline better. UndoUndo
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