News for hackers. Stuff that matters.
Re:Princeton Bitcoin and Cryptocurrency Technologies Online ... by oafitupa on Friday January 23, 2015 @04:57PM (#8937564)
Don't forget to mention that their consensus algorithm simply doesn't work. That's why they made it 100% centralized "temporarily" (without even asking, so apparently it was 100% centralized even before that). They themselves said exactly that in a blog post. Also, the creator of Ripple dumped all his coins before joining Stellar.
Re:Princeton Bitcoin and Cryptocurrency Technologies Online ... by Adlai on Friday January 23, 2015 @08:10PM (#8938403)
Here's the Stellar team's blog post about this. While there's no attempt to conceal this, it's also not being spelled out clearly enough: the Ripple/Stellar "consensus" model is a centralized and does NOT provide the guarantees which Proof-of-Work does in Bitcoin.

https://www.stellar.org/blog/safety_liveness_and_fault_toler...