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RE: LeoThread 2024-07-03 01:04

in LeoFinance5 months ago

Understood. I'll focus on the level of decentralization and list the top 3 most decentralized networks from the ones mentioned, based on various factors such as consensus mechanism, governance, node distribution, and token distribution. Here are the top 3:

  1. EOS:

    • Uses Delegated Proof of Stake (DPoS) with 21 block producers.
    • Has a large number of independent nodes globally.
    • Governance is done through on-chain voting.
    • No pre-mine or significant token concentration by founders.
  2. Telos:

    • Also uses DPoS, but with modifications to increase decentralization.
    • Has a more equitable initial token distribution than EOS.
    • Implements stricter limits on token holder voting power.
    • Features on-chain governance with active community participation.