Actually This is wrong: “ it is still a centralized consensus protocol.” In fact, it’s the first provably safe consensus mechanism that uses all 4 components at the same time. It contains decentralized control, low latency, flexible trust, and asymptotic security measures.
It could be just as safe as POW. The focused hard on this m.
not really - it is truncated decentralized - as i chose whom i trust and not all the nodes. So nodes that i trusted could ditch me and that is not safe
I’m not sure what you mean. I actually reached out to David Maziere (professor behind the new algorithm) before I threw down a lot of money and from what I gather this is system is well thought out and is provable safe. The questions I ask were high level otherwise I don’t he would have responded.