You are viewing a single comment's thread from:
RE: Why The EOS Chain Stopped & How It Was Fixed
The chain paused itself bc it found a bug.
Block producers stepped in and fixed the bug and started the chain again.
The chain paused itself bc it found a bug.
Block producers stepped in and fixed the bug and started the chain again.
i gave you my 100%vote @anonymint. You said what no one else is willing to say due to the fear of attack.
Thank you for that
good info..
An oligarchy is, by definition, self-elected with a lot of opacity.
Inside EOS, the voting process is fully transparent, exactly like for Steemit's Witnesses.
The voting process is permanent, every 120 seconds, the list is refreshed. A block producer miss-behaving with the community will be ejected from the top 21 very quickly by losing all his votes. In Bitcoin, 3 players are controlling more than 50% of the network, same for Ethereum, THAT is oligarchy! In our case, each BP controls 1/21 of the mainchain. Any decision must be the fruit of a consensus from the 21 BP.