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RE: Thought Experiment: Centralized Exchange Offers Instant HP Powerdown

in LeoFinance4 months ago

That's true: most people follow the money, no matter what. If someone will ever offer an instant powerdown, people will go for it, even if it will mean losing control of their money and put the governance of the chain in the hands of someone else. The only solution I can see is hoping that most of the bigger stakers won't go for it, maybe because they care more about their money and the future of the chain, as they are more involved into it... yet, "hope" usually is not the best solution 😅