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RE: Arbitration Order #2018-06-22-AO-002

in #eosdac6 years ago

then it also means that the US government, NATO, or United Nations can also move funds for which they don't have private keys to.

How? If they controlled 2/3+1 of the EOS block producers, would anyone take EOS seriously? They would fork the code and create a new chain without government interference.

Perhaps Bill Gates or Marilyn Monroe could move EOS funds in a strange way.

Not unless they controlled 2/3+1 of the block producers and used that power to modify system contracts or token contracts which would be completely visible and transparent to everyone using EOS which would destroy investor confidence in EOS and cause people to move elsewhere.

great centralized tools

What centralized tools?

Maybe you want a system by design that criminals don't want to use. That's kind of neat.

Yes, that is the intention. Protect life, liberty, property, and justice.

similar to how BTC and ETH are today

But isn't that how ETC and BCC were created? Immutability isn't as simple as what the code allows today. Code (and chains) can be forked.

You say "nerfed" version, but this is by design. This is what EOS has always been. It was created with trust put into the hands of the elected Block Producers by stake-weighted vote. A "robot version" would create forks, just like we've already seen with BTC/BCC and ETH/ETC. Not only that, there would be shadow governments controlling the robots, namely those with commit access to the reference implementation Github repository.

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Good points. 2/3+1 would happen if the UN asked it. The UN would get its own trusted consensus in its own way first. Compared to that UN process, getting 2/3+1 in EOS would be easy. I think it's all good intentions and in the end these are all human coins. None are true robot coins.

I liked your point about robots creating forks and EOS solving that.

I will continue investing by market cap and as long as EOS is in the top 300 and traded on Binance, Bittrex, or a similar quality exchange, then I will keep holding and using it.

I love using cleos and like the tech of EOS wat more than the politics. Maybe some day I will like the politics. Like if they send me back 170 EOS somehow that I never generated working private keys for :(. That would be a neat new crypto party trick if I ever got those back somehow. I'm not expecting it though. I'm happy if EOS stays immutable.