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OK, I'll take the bait, why is EOS a nonsense coin?
by Zenbit_UX 7y ago
OK, I'll take the bait, why is EOS a nonsense coin?
- jki275 7y agoIt does exactly nothing better than anything that was done before it.
- Zenbit_UX 7y agoThat's not an analysis or an answer to my question, but in response to your statement, EOS does do things differently than most POW chains as it is DPOS, does that make it better? Who can say. I'm not looking for dogmatic crypto-tribalistic nonsense, simply an answer to why the GP felt necessary to lump EOS into his ad hominem attack. Too often these discussions resemble drunk bar patrons arguing over which cities sports team is better, I hoped HN would be better than that.
- jki275 7y agoDPOS, with 21 nodes mostly located in China. Yeah, it's "different", but not in a good way. EOS has a bunch of big problems, and they're not likely to fix them, as there's no motivation to do so.
- psychlops 7y agoDon't bother, this comment section is a mirror image of the reddit echo chamber. It's either a shitcoiner or nocoiner mentality, no reasoning just emotional momentum from a keyboard.
- lawn 7y agoBecause the decentralization is highly questionable with only a small set of controlling nodes, who also receive a big payout which means their control over the network grows even more. (Due to proof-of-stake.) We're also making fun of how IOTA stopped their network, but EOS had a similar situation in 2018. Granted they have more than a single fricking node, but that it was even possible should tell you something about the network.