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RE: Serious Question - Facebook Libra vs Bitcoin and POW

in #bitshares5 years ago

Risk well evaluated @kencode. It's risk management and people often forgot it. DPoS is an alternative to PoW and I've always supported this consensus. In someway many organization and small companies will find DPoS solutions suit to them, especially cooperatives because they already have laws protecting their businesses and they understand proprietorship. If DPoS only keep 20% of the consensus market meaning PoW, PoS, DPoS, BFT, aka Proof of anything etc...That's a lot of potential market will can serve. I believe in building solutions that will support niche market well. Bitshares, Steem, EOS, and soon BEOS can easily support Libra.

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yep, exactly. just diversify a bit. our support of atomic swaps takes us even further into our goal of true decentralization too. the less middlemen, the better :)

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