You are viewing a single comment's thread from:

RE: Has the EOS Community Finally Reached a Breaking Point?

in #eos3 years ago

yes , lmao. block.one right after bitconnect hilarious. when I see this today I cannt believe I bought into it. OK I was really intrigued... Well at least I got in low so that managed to opt out low.
DPOS (at least) as managed in Larimers chains is a failure IMO. good for money cartels and easy to conquer (hive knows)

Sort:  

Easy to conquer? Sorry, but that seems ignorant to me. I was a consensus witness during the takeover. There was nothing easy about any of that. Multiple exchanges had to be lied to by Justin Sun and the 20% stake (which doesn't exist on Hive) had to be used against us. Without the dedicated work of teams of people like Blocktrades, above wouldn’t exist. Try taking over Hive and see how far you get.

thanks Luke for respond I follow you quite a while and know that you’re a dedicated and trustworthy witness. I am not into tech like you, more a normie. But a huge stake owned by a company is generic to a Larimer Chain (steem & Eos, don’t know if its also the case for BTS). Thus the stake is buyable by one person or entity and with some collusion and help from … CZ ... no decentralization left - easy! Sure it must be a hectic time for the witnesses and I know Hive has removed this critical stake so this can´t happen again … lets see what’s left in the tank (it’s no Larimer Chain any longer).
But this „accident“ could also happen to Eos too- right ? or false

EOS has less that 10% assigned to B1 and they will take 10 years to fully unlock

I don't think that it has much impact on EOS' fate

What did have impact was the lack of action from B1 and how long it took for the community to realize it