I agree with you and maybe I didn’t get the point across but I was saying that whales are not a problem in a DPOS as long as a portion are contributing to the blockchain whether it being posted, curating and/or delegating to projects that have the protocol’s best interest in mind whereas other currencies under POW do not have that power. Which is why centralization is worst off in BTC and LTC. However, what I was saying on the exchanges is that many of those wallets hold a lot or the coins for their customers who do not control the private keys. So if we look at it from a fiduciary standpoint, there is less centralization in BTC/LTC than just the distribution of the wallet sizes. Many still hold assets on exchanges due to ignorance of the options...
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