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RE: Extracting Value | The Growing Threat of Exchange Voting to DPOS Governance | The Case of EOS

in LeoFinance6 years ago (edited)

There’s a certain degree of irony in seeing Binance there as EOS BP given that they recently published this research report, titled “ Decentralisation, governance and EOS - a lost case?“ (published Feb. 20, 2020, before they registered their BPs)

One of the most interesting points, under collusion resistance is IMHO

Block rewards from inflation: originally an annual inflation of 5% was split to fund a community pool (4%) and to fund block rewards (1%). It was, however, decided to discontinue the community pool and reduce the inflation to 1% to completely funnel it toward block producer and standby block producer spots. This further consolidated control of BPs, as it effectively increases their revenue.

Great post. Interesting DPOS is interesting DPOS.