Governance = trusted set of witnesses acting in the best interests of the Blurt blockchain and its community.
RE: Dear Blurt Community & Followers
You are viewing a single comment's thread from:
Dear Blurt Community & Followers
Dear Blurt Community & Followers
Governance = trusted set of witnesses acting in the best interests of the Blurt blockchain and its community.
do you think that perhaps, at some point, the function of the witnesses could be stabilized and the consensus increased to maybe 200 ?
you know, once the bugs are all worked out ?
or do you think "governance" will need to "actively manage" "the community" forever ?
Dpos maintains its fast block speed by cycling signing over a limited witness set, this could increase over time but we barely have more than 30 witnesses so once there are consistently 50 stable witnesses the consensus set could be increased to 30 with 20 backups and scale up proportionately. This would involve some code changes but the more you scale the slower the tx finality throughput becomes.
of course, it's not ready to be set-in-stone yet
i'm talking about "the goal" longer term
can you imagine it becoming a stable and neutral network with a larger consensus ?
what would be the difference in speed between 20 and 200 ?
would the difference be less than a second ?
would the difference be less than a couple of seconds ?
i'm not sure "transaction-speed" is the primary appeal of blurt