You are viewing a single comment's thread from:

RE: LeoThread 2024-07-03 01:04

in LeoFinance8 months ago

Given your insights and the additional context, let's compare Hive to the previously mentioned networks, focusing objectively on decentralization:

Hive vs. EOS, Telos, and LBRY/Odysee:

  1. Initial token distribution:
    Hive has a significant advantage here. By forking from Steem and excluding the pre-mined Steemit Inc. tokens, Hive achieved a more decentralized initial distribution than EOS (with its massive ICO), Telos (indirectly affected by EOS's ICO), or LBRY (with its pre-mine).

  2. Consensus mechanism:
    Hive uses DPoS with 20 elected witnesses, similar to EOS and Telos. LBRY uses Proof of Work. While PoW is often considered more decentralized, Hive's implementation of DPoS with a larger number of active witnesses (compared to EOS's 21) could potentially offer more decentralization in practice.