3 ms·
NEO will be fully decentralised at some point according to roadmap with voting for node operators. It will still be faster by design and its somewhat current ce
by arisAlexis 9y ago
NEO will be fully decentralised at some point according to roadmap with voting for node operators. It will still be faster by design and its somewhat current centralised state is not the reason of its speed.
- CryptoPunk 9y agoNEO will not be fully decentralized. First of all, it is transitioning to Delegated Proof of Stake, which by design relies on a set of trusted third parties to establish consensus. For reference, the entire purpose of the original Bitcoin blockchain design was to obviate the need to rely on trusted third parties. Second, its implementation of DPOS will have a centralized gatekeeper which approves who can run for the position of delegate, after verifying their identity and that they are a legal entity.
- arisAlexis 9y agoyes it has gatekeepers. All POS systems have them but true Delegated is more controlled but since NEO holders can vote no single person/entity can take the sysyem downor alter transactions which is the whole idea