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$DOT $KSM $ALGO $ADA $AVAX $SOL all mooning as people place their bets. People have had enough of ETH's garbage fees and slow execution of their roadmap.
Too many cooks in the kitchen with Ethereum!
$DOT $KSM $ALGO $ADA $AVAX $SOL all mooning as people place their bets. People have had enough of ETH's garbage fees and slow execution of their roadmap.
Too many cooks in the kitchen with Ethereum!
Here's my bet:
Forcing Classical Consensus Protocols to do things they were never designed for creates a fragile network and won't work long term. Protocols with leader election/nomination are dead ends from the start. Leaders are an anti-pattern in consensus.
Forcing Classical Consensus Protocols to do things they were never designed for creates a fragile network and won't work long term. Protocols with leader election/nomination are dead ends from the start. Leaders are an anti-pattern in consensus.
For that reason I'm betting on a proper probabilistic foundation (Avalanche) which has the speed of Classical Consensus, the security of probabilistic mechanisms (like Nakamoto) and unmatched scale (scale-free network).
At 10K validators with a K value of 5 (5 nodes randomly sub-sampled per round) and with a 50/50 network split, Avalanche can come to a decision in 16 rounds (80 network messages). At 100K that jumps to 17, at 1M that jumps to 18 rounds (90 messages).
https://en.wikipedia.org/wiki/Scale-free_network
https://en.wikipedia.org/wiki/Scale-free_network
O(lg N) is far superior vs O(N^2) or O(N) https://medium.com/avalancheavax/history-of-consensus-protocols-a-short-thread-6402a140d84d
80-90 network packets per block is almost nothing.
