Hacker News new | ask | show | jobs
by babelchips 1751 days ago
It was a reply to the previous comment: “So far, all the consensus mechanisms that I know of employ a game of chance to select who gets to append the data.”

Which seems to be the typical sentiment in comments when it comes to Blockchain technologies and DLTs in general. I’m not surprised considering the amount of questionable technology and news associated with the space.

But clearly there are technologies out there. I thought it was important to address that. Most people obviously don’t know about the newer technologies in this space and remain in the dark.

As to your points on decentralisation - I agree they’ve got their work cut-out to prove us otherwise. Time will tell. But if you’re going to make a genuinely useful public ledger that can act as a layer of trust, you better make damn sure it’s safe from bad actors and is future-proof. Their route to decentralisation certainly seems like a good way of achieving that. They’re playing the long game by the looks of things.

To your last point regarding not seeing a particular innovation here for securing decentralised consensus relative to other POS systems…

This is a key, and I believe a unique feature, of the Hashgraph algorithm:

https://help.hedera.com/hc/en-us/articles/360000674097-What-...

1 comments

Those are good points, thanks!