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RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!

in #eos7 years ago (edited)

Good article, but DPOS consensus algorithm is arguably more decentralized than POW used by Bitcoin, since a handful of pools effectively control the Bitcoin network, while in DPOS number of elected block producers is usually set higher.
More info on DPOS here:
https://bitshares.org/technology/delegated-proof-of-stake-consensus/

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I agree - and I noted this in my article. The thing is since the target market for this blockchain is corporations they are going to want to have something that is at least slightly more centralized than PoW.

It's like taking baby steps!