What Holds Real Decentralization BackVladimir Popov, the founder of Synergis who had co-authored a book about Web 3.0, highlighted the principal problems of DPoS and LPoS algorithms, explained flaws in their architecture, and hypothesized about decentralized networks of the future. This is an adaptation of the original Russian-language article Vladimir wrote exclusively for ForkLog.
Will Proof-Of-Stake Go out of Fashion?Almost every innovation in the field of cryptocurrencies was made to solve numerous Bitcoin’s flaws. Curiously enough, every implementation of such innovative solutions ended up as a side project, while Bitcoin continues to dominate the market.
What Is Delegated Proof Of Stake and What Does Staking Have to Do With It?1 What is the difference between PoS and DPoS? Delegated Proof of Stake (or DPoS) is a consensus algorithm created by developer Dan Larimer in 2014. Here is a list of famous projects using DPoS: Bitshares Steemit Lisk Ark Eos If PoS resembles direct democracy then DPoS emulates representative democracy. Classic PoS allows coin holders […]