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Re:Vitalik Buterin on Cryptoeconomics and Markets in Everything by GenericsMotors on Wednesday July 18, 2018 @03:59PM (#17561606)
And proof of stake has its own problems, if the EOS project is anything to go by...
Re:Vitalik Buterin on Cryptoeconomics and Markets in Everything by TTPrograms on Wednesday July 18, 2018 @06:15PM (#17562504)
EOS's issues are due to its convoluted governance structure, not POS.
Re:Vitalik Buterin on Cryptoeconomics and Markets in Everything by GenericsMotors on Wednesday July 18, 2018 @07:01PM (#17562731)
Not having one vote per person seems to be one of the main grievances. How will ethereum solve this aspect?
Re:Vitalik Buterin on Cryptoeconomics and Markets in Everything by TTPrograms on Thursday July 19, 2018 @02:12AM (#17564231)
Voting has nothing to do with it, let alone votes per person. PoS doesn't require a voting system as EoS has implemented. The problem is having transaction inclusion decided by individuals that are voted in. It's analogous to having a democratic-republic government running a computer program.
Re:Vitalik Buterin on Cryptoeconomics and Markets in Everything by GenericsMotors on Thursday July 19, 2018 @06:53AM (#17565181)
So still plagued by whales and cartels dominating the votes.