Topic - Federated Byzantine Agreement

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2303d
2303d
2303d
XLM processes transactions in 5 seconds or less.
2303d
I know we are a BCH community but do you think Bitcoin Cash will switch to FBA within next 10 years if miners are not powerful enough to process transaction load quick enough?
2303d
like if 25% of world (in future) uses BCH, then we would need tons more ASIC Miners?
2303d
Guess no need to worry now, just curious of FBA is a good governance system. Sounds far better then EOS 21 BlockProducer overlords and Emperior Dan.
2303d
Heard XLM and XRP are immutiable (unlike EOS).
2302d
Are you trying to sell us on block times? I can process a million to if I have control of the network (like XRP). This defeats the purpose, doesn't it?
2302d
Just curious as to why FBA is far faster in TPS and block times then PoW. Does this mean FBA > PoW? or is FBA too centralized?
2302d
I'm really interessted too about other consensus systems, but I have a lot to read before giving any opinion.
2302d
I won't claim to understand much about FBA, but from what I do, it seems too centralized. Ultimately relying on relatively few central (and known) validators.