The EOS community is growing anxious that its blockchain is really being controlled by a select few. A petition has been drafted to introduce voting limits to protect small-time token holders against the influence of whales. EOS runs on Delegated Proof-of-Stake (DPoS) to determine who validates blocks on its blockchain: instead of miners though, it uses so-called block producers (BPs). The idea is that those who have invested more money should have a stronger voice when it comes to making important decisions, as they have more to lose – but there is currently no limit to the amount of votes…
This story continues at The Next Web
https://ift.tt/2BhT6SQ David Canellis August 17, 2018 at 09:00AM
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