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RE: EOS - Innovation in Decentralization

in #eos7 years ago

Hey Katie, thanks for the article. Just a crazy question though. Block.one having so much financial power and say in what get developed, isn't that somewhat of a centralised model where one party at the centre of the network controls (influences) a lot of what happens outwards, towards the end nodes? I am all in on EOS and all, just wanted to throw that out there and think it through a bit as a community. What are your thoughts on that?

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That’s a fair point, and as a community I think it’s important that we stay vigilant. At this point though I’m not too concerned for three reasons:

  1. Just because they are financing some Dapps through a 3rd party ( the VCs which already dilutes some of the centralization) does not mean other Dapps cannot build on EOS. Anyone holding EOS can dedicate their bandwidth to the development of a Dapp that they think is worthy.

  2. block.one holds their 10 percent of EOS in a fund that cannot be spent.

  3. I believe Dan will always fight for decentralization and fairness in the system.