EOS is De Facto Centralized, Says Wikipedia Co-founder
eos

EOS is De Facto Centralized, Says Wikipedia Co-founder

THELOGICALINDIAN - Wikipedia cofounder Larry Sanger does not appetite to advance his decentralized applications aloft EOS blockchain

The adept technologist, who chose EOS to run his decentralized agreeable administration belvedere Everipedia, threatened to blaze the blockchain project. He criticized EOS for acceptable a de facto centralized balance controlled absolutely by the Chinese entities. Stating that Everipedia couldn’t action aloft a heavily centralized blockchain, Sanger said the dapp would eventually abdicate EOS. Excerpts:

The statements appeared twenty months afterwards Sanger appear they would advance a “truly censorship-proof system” on the top of EOS blockchain. As Everipedia’s arch advice officer, Sanger acclaimed that EOS would accomplish the action of acknowledging articles, authoritative edits and autumn advice added distributed. His latest comments alone accent that the activity did not abetment Everipedia in acceptable an authentic, decentralized adaptation of Wikipedia.

EOS Problem

Despite acceptable one of the best arresting accessible blockchains, EOS has a botheration apropos its integrity.

There are alone a few bodies who own a all-inclusive a majority of the project’s tokens. That gives them an colossal access on the appropriate to baddest block producers, a absolute of 21 entities that validate and add transaction annal on the built-in blockchain. The anatomy reminds one of a besmirched autonomous process, wherein one alone can vote 100 times because he has 100 altered character cards (tokens). That increases the anticipation of abeyant cooperation, area awful actors can accompany calm to appropriate the EOS funds or adapt transaction annal on the blockchain.

Nevertheless, the absolute agitation lies in the disability of Block.One, the ancestor aggregation of the #8 cryptocurrency, to break the problem. That became worse back Dan Larimar, the CTO of Block.One, confirmed that decentralization is not their advanced priority.

Blockchain appraisement bureau Weiss Crypto Ratings downgraded EOS account afterwards acquainted the issues in their voting mechanism, with researcher Juan Villaverde saying:

What do you anticipate about Larry Sanger’s comments apropos EOS? Add your thoughts below.

Images via Shutterstock, video via Youtube @Colin Talks Crypto