Anyone with the right judgement would see the major risks posed by EOS's governance system, that is the complete opposite of what a blockchain should be. Allowing a minority of insiders to control everything, including the investor's money is a major travesty and a disgrace to the idea of cryptocurrencies themselves. One can use Ripple as a comparison as an entity having a certain amount of control, but at least they are transparent with their code and do not allow transactions to be reversed or wallets to be frozen. What do you guys think ? Is it normal for an entity to have this much control in the cryptocurrency space ?Here is an interesting text that you guys might enjoy if you want to understand the mess behind EOS:https://ift.tt/2uYBghO you liked this intervention, subscribe to their newsletter, it's free, they never spam and they plan on releasing many research reports in the future.
Submitted July 30, 2018 at 01:47AM
No comments:
Post a Comment