4 ms·
And proof of stake has its own problems, if the EOS project is anything to go by...
by GenericsMotors 8y ago
And proof of stake has its own problems, if the EOS project is anything to go by...
- TTPrograms 8y agoEOS's issues are due to its convoluted governance structure, not POS.
- GenericsMotors 8y agoNot having one vote per person seems to be one of the main grievances. How will ethereum solve this aspect?
- TTPrograms 8y agoVoting has nothing to do with it, let alone votes per person. PoS doesn't require a voting system as EoS has implemented. The problem is having transaction inclusion decided by individuals that are voted in. It's analogous to having a democratic-republic government running a computer program.
- GenericsMotors 8y agoSo still plagued by whales and cartels dominating the votes.