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RE: Why WAX choosing to build their own blockchain based on EOS.IO isn't a bad thing.

in #eos6 years ago (edited)

We definitely share your concerns. It would be ideal if WAX built on the chains governed by the main EOS token. And who knows? They still might. We don't think that forking the EOS.IO repository to build your own blockchain will be a popular route and we aren't saying that EOS New York supports this. We just wanted to help dispel any concern that this was the end of the world.

EOS New York nor any block producer candidate has any influence over what WAX does. Their reasons for creating their own chain were a little vague, but they say they have their reasons.

We also could not confirm the extent that WAX is working with Block.One or if they're working together at all.

It's the goal of EOS New York to spur as much development as possible on the chains that support the main token. We have yet to realize the effect of inter-blockchain communication so we just aren't jumping to negative conclusions just yet.

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Inter-blockchain communication is great and we should encourage projects who want to do that.

But it doesn't mean the EOS community should shoot itself in the foot by encouraging scams or other stupid projects, or like in this case, greedy parasites that just copy the software and launch their independent chain so that they can make more money.

It's important to be exclusive in the beginning, so that the EOS community makes clear for developers that they really should use the mainchain and not launch their own chains (if they don't have a legitimate reason). By accepting parasitic projects, we are just making things harder for everybody. Governance becomes harder because the ecosystem is fragmented, people are getting scammed in ICO frauds, time and resources are wasted in stupid fighting, etc.

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