Vitalik has been seemingly pleasantly surprised by the recent developments in bitshares and participAtes in discussion over at bitsharestalk... maybe he will get a paid delegate and switch over?
and now he's talking to Eris? oh brother. such wow. such confusion. from the article:
"Well say it again: Blockchains are tools, not investment products. At Eris Industries, we build the tools to make them better, and more useful for, developers and businesspeople just like you." sure, as i said above, there will be some who will be motivated to "contribute" to these types of tools, however, with Bitcoin everyone in fact has a tremendous "investment incentive" to participate in the greatest network effect of all, that of Money. this is why so many VC's and smart ppl are investing in Bitcoin; because of the binary potential. either zero or the Moon.
furthermore, in one of the diagrams it says that Ethereum may use "snapshots" to secure their blockchain. that won't work. these are similar to "checkpoints" that Bitcoin uses. but in Bitcoin, checkpoints are mere validations of the POW that have gone into building/fortifying the blockchain up to that point in time. they are merely cementing/formalizing what already has been cemented. a "snapshot", imo, is merely a confidence measure. there's nothing to assure that the snapshot represents reality or the truth up to that point.
