Fact is that 4 CEO's control what software gets run on Bitcoin and therefore everything about how it works. Bitcoin is only as secure as what the four of them do. All else is coal smoke and mirrors.
All that fine grain "decentralization" on the left of each pie means nothing. It's all about how many slices of pie it takes to get to 51% control.
Go Bitshares!
~ @bluerocktalk🖖
ok, makes perfect sense, thanks.
However, doesn't answer the question on Eos, how exactly it improves this situation. Isn't Steemit's Steem moving in the direction of centralization, as those large entities able to upvote themselves continue to get larger and larger shares of the reward pool? What is the main thing about Eos that seperates it from bitcoin, in terms of security and privacy and transactions?
Going from 2 to 9 people controlling a crypto isn't really all that inspiring, to us anyway. Juries have hung innocent men on more dispersion than that.