Consortium blockchains are any attempted (and the impossibility of a perfect) solution to the Byzantine Generals Problem (aka Byzantine agreement) which has bounded synchronous finality of irreversibility5; and thus mathematically must have a bounded+permissioned delegate set subject to a ¹/₃ liveness threshold with ²/₃ safety margin.
If you are referring to Bitshares/Steem as consortium blockchains, then I would say that delegates are a solution to scalability, high performance and minimal cost of sustaining the network and processing transactions. Or are you trying to say that it is actually an attempt to achieve finality faster?
I find this post very technical, but I think I understand something of what you mean. What do you think of Steems runner-up-witnesses?
Hope this reply helps?
Your much appreciated question expectedly exhibits grave lack of understanding of some of the technological and political-economic issues. You’re not alone, as most people are similarly clueless. You’re not mentioning in your analysis the absolute importance of resilience and trustlessness. If we simply wanted to replicate our trust in a corporation such as Visa, then why bother? My blog already contains some explanation and links to more explanation about the political clusterfuck of voting and ramifications thereof as it pertains to sustained and Internet scalable resilience and trustlessness.
A corporation such as Visa whose shareholders vote for the directors of corporation, is an analogy for DPoS. Our governments are like a giant corporation which we will have a stake in and vote for politicians to steal from the collective
for us[for the elite who manipulate us like sheep]. IOW, voting ≠ resilience & trustlessness. A possible definition for insanity is doing the same ignorant thing repeatedly and wondering why always get the same undesirable result in every instance. Unfortunately humans don’t really pay attention to history and easy forget over long time horizons that they’re repeating the same stupid paradigms.I will not answer the first part of your comment now, because it really requires several blogs in order to sufficiently cover all the issues in exhaustive details with examples. My friendly suggestion is for you to read all of the discussion I linked for you above to get some initial (but insufficient) explanation.
I added the following to my blog to try to give naive readers some more insight into how much they do not know and which explains why having a backup set of delegates (aka witnesses) is irrelevant: