Re:Decentralization in Bitcoin and Ethereum
by tomerweller on Monday January 15, 2018 @05:30PM
(#16154031)
"...a Byzantine quorum system with 20 nodes would be more decentralized than Bitcoin or Ethereum with significantly fewer resource costs. Of course, the design of a quorum protocol that provides open participation, while fairly selecting 20 nodes to sequence transactions, is non-trivial."
That's exactly what the Stellar Consensus Protocol (SCP) is: https://www.stellar.org/papers/stellar-consensus-protocol.pd...
(Full disclosure: I work at Stellar)