You are viewing a single comment's thread from:RE: LeoThread 2023-05-27 17:52View the full contextView the direct parentziabutt3836 (64)in LeoFinance • 2 years ago Bitcoin , Ethereum and other big coins are PoB based?
No. Only Hive and Steem.
$BTC = Pow
$ETH - Proof of stake.
Actually Hive is delegated proof of stake with PoB over the top.
It means that Hive and Steem are doing great.
The community will be big in the future because it generates great contents.
Well I would dispute that Steem isnt doing great.
In fact, I don't know about Steem in depth.
No need. It is centralized. Justin Sun took over and runs all the nodes basically.
Can I ask something for the learning process??
People token are those who don't have their own Blockchain. But some times I listen some people say Hive Token.
Hive is a coin or token?
To me, coin applies to blockchain. Hive and HBD are coins. So is BTC, ETH, LTC.
LEO is a token since it is layer 2. That is how I distinguish.
if one person took over then the decentralized theory is finished on Steem. Then I think Steem is not crypto. Crypto is decentralized
Most of crypto is centralized. Look at #ethereum. A few node pools run it.
But Steem is a waste. Just a sun con job.