EOS will be extremely centralised. 21 nodes is a paltry sum. Non-full-nodes will not have any way to do lightweight verification, thus multiplying its degree of centralisation.On top of all of this, the 21 full nodes will be delegates, which are voted in. By necessity, this turns consensus into a political process instead of an automated one. One of the practical effects of this is that the delegate nodes will be known/trusted third parties.To sum up, EOS will be a trusted third party based ledger. Eliminating the need for trusted third parties was the great breakthrough that Satoshi made in inventing the PoW blockchain, and which Ethereum is putting all this work into to try to replicate with Proof of Stake.TTP-based ledgers do not have the high assurance of immutability of permissionless Byzantine fault tolerant ones like Ethereum. Therefore, they're not as attractive for new projects as a platform to launch on.EOS is more like an attempt to create an evolved version of the traditional centralized server-client architecture rather than an attempt to introduce a paradigm shift like Ethereum.
Submitted April 28, 2018 at 04:14PM
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