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Re:Beyond Bitcoin – Part II: Blockchain-based systems withou... by sktrdie on Tuesday August 09, 2016 @03:21PM (#12257103)
Can anyone provide a TLDR? All I can see in the conclusion is: "We expect to develop a prototype of a blockchain-based system with the raffle protocol in the near future.". So their alternative to reaching consensus is a raffle protocol? And in raffle protocol section I read "among a set of eligible agents" and "relying on a trusted “global clock” service". Seems quite centralized if you ask me.
Re:Beyond Bitcoin – Part II: Blockchain-based systems withou... by homero on Tuesday August 09, 2016 @04:01PM (#12257333)
Sounds like a hybrid pos with a centralized key giveaway