Sometime I wonder if the ideology of "True Decentralization" is actually achievable.
I feel we are just practicing what I call a A Centralized Decentralize System", Plutocracy as is well known as.
My opinion though.
Sometime I wonder if the ideology of "True Decentralization" is actually achievable.
I feel we are just practicing what I call a A Centralized Decentralize System", Plutocracy as is well known as.
My opinion though.
The problem with a lot of these Decentralized models is the "more you have the more you get" philosophy. Given enough time those that have the most will find ways to get more and create imbalances and gaps between the haves and the havenots.
Its not a good model but it's the only incentive that seems to provide sustainable growth of a blockchain so far!
EOS is a good case study into whether or not a blockchains integrity can be maintained with a distributed conensus algorithm which is necessary for maintaining performance of blockchains in the future. But so far I do not like the capitalization model I do not see the incentive to use EOS other than performance versus other chains. How do I get a monetary gain from that, DAPPs maybe, they might have more use cases but the so far there is little to prove it works.
I completely see your point. But I want to at least curtail the obviously stupid things. If we can get things within a decent range then ill be happy with EOS. We need to get some lazy BPs listed.
True...
Things should be corrected else only the masses will be left to suffer the burnt.