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RE: EOS Telegram Summary 3/2/18 - SuperDawn

in #cryptocurrency7 years ago (edited)

DPOS allows token holders to replace hostile miners without splitting the community. "Anyone can mine so it's Decentralised" ignores the reality that mining pools operate cheaply, so others lose money. This results in extreme centralisation, high costs, low performance, and huge incentives to disguise this unfortunately reality. Proof of work is taxation without representation, and that leads to forks.
That's great information from Brendan Blumer about DPOS and it will not be the problem on EOS platform, so i don't care about the haters.