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Isn't there a cost in dPoS due to the voting system? People have an incentive to pay a significant amount of money (or time, which is equivalent to money in opp
by lalaland1125 9y ago
Isn't there a cost in dPoS due to the voting system? People have an incentive to pay a significant amount of money (or time, which is equivalent to money in opportunity costs) to get themselves voted in. All that work is effectively wasted. This is actually addressed in the article: http://www.truthcoin.info/blog/pow-cheapest/#money-and-politics http://www.truthcoin.info/blog/pow-cheapest/#money-and-polit...
Not to mention that you have to pay the delegates more than their actual costs as you have to pay them a premium to prevent them from cheating.
Also, the voting under dPoS is fraught will all sorts of worries (imagine sockpuppets and all sorts of fake news).
- Zenbit_UX 9y agoThere's been a lot of discussion regarding this point about buying votes in the eos community. The consensus is that it's a zero sum game. If you're interested in learning more I'd suggest checking out the white paper as I doubt I can do this argument justice.