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The controversy is in the language "started" vs. "run." Tezos, as an example, is governed by voting and on-chain governance. It isn't "run by a single entity."
by ericb 6y ago
The controversy is in the language "started" vs. "run."
Tezos, as an example, is governed by voting and on-chain governance. It isn't "run by a single entity."
Ripple or Tether are, though, sure.
- xorcist 6y agoGovernance is more than a voting protocol. Tezos is not governed by equal actors. There is a "Tezos Foundation". They control 30% of all staked XTZ. They checkpoint the blockchain regularly to provide correct history.
- ericb 6y agoIt seems to me that admin rights to the bitcoin core github repo count for a lot more than a 30% vote.