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RE: A Rational Response to the Crypto Twitter EOS Discussion

in #eos7 years ago

Very good summary, disarming abridgedarguments. Indeed the governance aspect of EOS is just very unknown even to holders, who came for the 100K tx/s, and feeless structure. And the whole crypto-community (uninformed EOS holders included) are very anti-institutional, but i can imagine a working governance structure will be quite appreciated from a more mainstream audience.

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It's surprising to me how angry people are when the governance model hasn't even failed yet. Just wait until block producers and arbitrators screw up! That's when things are going to get really sketchy. Right now people seem to be mostly upset just at the potential possibility of a problem in the future.

ATM I wouldn't go so far to say governance hasn't failed,I have still not heard about arbitration regarding exchanges using the votes of their customers like it seems to have happened at the activation of the mainnet. But with the prevention of the ico scam and freezing of accounts it has proofed it delivers on its most basic principles at the least, which is not bad given the short period of time available.
I agree further outcry is definitely coming, what we need now is a swift uppick of dapps and the overall infrastructure