/biz/ - Business & Finance

Another single chain nonsense chain with less validators than actual scams. DAGs have the fatal flaw of the "small world" problem in that a killer dapp actually constricts the overall network performance. It's why a DAG's should come with a warning label that posts both their "Best-Case Performance" AND "Worst-Case Performance" numbers. This is why DAGs are not used for scaling in HFT/finance, even though the industry tried them out in the 90s... DAGs suck at scaling in production BUT they make for fantastic performance demos and POCs... which is why finance bothered to try them in the first place (this was in the era before the senior leadership at funds were tech/eng types and didn't know better)
They took an enterprise blockchain that never got adoption and converted it to a public project without changing their consensus mechanism (we have enterprise clients and designed chainweb for the shift to public because the consensus demands are inverted.) Their consensus protocol was never designed for hundreds of consensus participants so I doubt the claims that anyone can run a node (much easier to get high throughout when you limit your consensus members to 30). The “we’re patented and closed source so it’ll never fork” gives IBM a run for its money for the award for best bug marketed as a feature