You are viewing a single comment's thread from:

RE: The Dawn of EOS.IO

in #eos7 years ago

EOS works with super nodes, so it operating using a small what is effectively number of big servers as mentioned in the post with lots of cpu's. So although these figures are impressive, it's not nearly as decentralized as ETH, the government wouldn't be able to shutdown ETH, but EOS would be far easier. I'm an EOS holder because I believe the governments are moving towards crypto, therefore the threat of being closed down is getting lower as the weeks go by.

Sort:  

That's not true, ETH is not as decentralized as you think. EOS actually has a decentralization level that is more than a magnitude higher when you take into account the bottlenecks. Mining and normal proof of stake do not make you government-proof - it makes the coin more vulnerable to centralization. In the event of a government crack-down on crypto, EOS holders could just elect trusted block producers in the countries where it's legal. Miners would be moving to those countries anyway, DPOS would just be there instantly. Plus, DPOS block producers can keep their servers in faraday-cage bomb shelters, which solves some of the problems with disaster, nuke, and EMP. Plus, decentralized governance allows EOS to adapt to new situations whereas ETH has a centralized team of developers. Here's a good article:
https://steemit.com/eos/@dan/response-to-vitalik-buterin-on-eos

Tamwin33, thanks so much for speinkling some actual facts in the comments. There is more people do not understand than they do since ASICs kind of took over POW mining. EOS is a really brilliant approach in so many ways. They are now breaking into millisec transaction times and have not even launched. With the amount of money flowing into developement team every day and Dan Larimers commitment to building a better world for everyone to live in. . . what is the limit? Imagination?