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A comment on Stellar Protocol: A Federated Model for Internet-Level Consensus (2016) [pdf]. Parent comment

Re:Stellar Protocol: A Federated Model for Internet-Level Co... by mirekrusin on Thursday January 11, 2018 @04:39PM (#16128158)
"... gives maximum freedom ..." nice way of putting the fact that there's basically no consensus; i've got even better idea, with more freedom - everybody can write whatever they want into append only database and they have freedom to choose which bits make sense.
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Re:Stellar Protocol: A Federated Model for Internet-Level Co... by ytjohn on Thursday January 11, 2018 @09:02PM (#16129841)
That sounds like secure scuttlebutt.

Secure Scuttlebutt is a database protocol for unforgeable append-only message feeds.

"Unforgeable" means that only the owner of a feed can update that feed, as enforced by digital signing (see Security properties). This property makes Secure Scuttlebutt useful for peer-to-peer applications. Secure Scuttlebutt also makes it easy to encrypt messages.

https://scuttlebot.io/more/protocols/secure-scuttlebutt.html

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Re:Stellar Protocol: A Federated Model for Internet-Level Co... by gregknicholson on Friday January 12, 2018 @07:47AM (#16132404)
This is a very lucid description of how Secure Scuttlebutt works.

SSB is deliberately “against consensus”, which makes it useless as a trustless decision-making tool. So I take your point that this property of Stellar seems to make Stellar useless for its stated purpose. (I haven't read the paper, so I may be very wrong.)

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Re:Stellar Protocol: A Federated Model for Internet-Level Co... by StavrosK on Thursday January 11, 2018 @08:44PM (#16129772)
Multiple commenters here are saying that Stellar has no consensus. Is that true? How could such a big issue be overlooked?
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Re:Stellar Protocol: A Federated Model for Internet-Level Co... by grandmczeb on Thursday January 11, 2018 @09:25PM (#16129942)
> Is that true?

No.

If you’re worried about it, read the linked paper. The mechanics (and assumptions) are covered in painstaking detail.

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Re:Stellar Protocol: A Federated Model for Internet-Level Co... by JonnyNova on Thursday January 11, 2018 @04:56PM (#16128362)
So, IOTA?
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Re:Stellar Protocol: A Federated Model for Internet-Level Co... by runeks on Thursday January 11, 2018 @05:09PM (#16128491)
IOTA is not decentralized. Although it allegedly will be in the future.
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