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RE: LeoThread 2024-07-03 01:04

in LeoFinance8 months ago

Considering these factors objectively, Hive appears to have a higher level of decentralization compared to EOS, Telos, and LBRY/Odysee, primarily due to its more decentralized initial token distribution and its governance model. The exclusion of pre-mined tokens during the fork was a significant move towards decentralization that sets it apart from the others.

However, it's important to note that decentralization is not absolute, and Hive, like all these networks, still has areas where centralization can occur, such as in the concentration of power among top witnesses or large stakeholders.

Overall, based on the available information and the factors we've discussed, Hive seems to have made more progress towards decentralization, especially in addressing initial distribution issues that often plague other blockchain projects.