A Commentary on Nick Szabo's Criticism of EOS

in #eos6 years ago

Nick Szabo is unquestionably one of the most brilliant minds in crypto, and a true pioneer of some concepts that we nowadays take for granted. Given his experience and expertise in everything related to blockchains and smart contracts, he has a special status and his opinions should always be weighted with extra consideration.

In a recent tweet, the cypherpunk has criticized EOS's governance that's based on the trust of a few elites who possess the ability to freeze money. Mr. Szabo's arguments against the cryptocurrency regard social scalability and security.

After having read the thoughtful post, @vladcostea has written an extensive article to develop the arguments and point out what might represent flaws in the EOS governance.

So if you'd like to read more about the issues that EOS might have, read the entire article here: https://www.cryptoglobe.com/latest/2018/06/nick-szabo-criticizes-eos-governance/

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