EOS misses the point that the protocol itself is the constitution. The whole point of this space is to abstract wet institutions to dry institutions.https://twitter.com/nickszabo4/status/1008974899690463232 …
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Sure, but their opinions are not worth listening to. If a centralized bank is what you want, you can just set up some servers at Amazon.
Or you can just keep using the existing banking system, which does permissioned finance far better than any of these idiotic pseudo-cryptocurrencies ever could.
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eos is not trying to do finance. not everything is a bitcoin clone. if they want a distributed computer without one legal entity and one jurisdiction controlling it, then they already achieved that. how good that is should be criticised on its own merits not on bitcoin standards
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The purpose of a distributed protocol that is not immutable or censorship resistant is highly questionable at best.
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censorship resistance is addressed through the jurisdiction/cultural/social decentralisation of the bps, and *mutability* is a core principle of EOS since day 1
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So it manages to unify the worse properties of every system? It is centralized but without legal contractual guarantees (forget uptime SLA). Yet, it is less efficient than AWS. It can be censored by the BPs. But hey, fast “blockchain”!?
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it can be censored by consensus like in any other blockchain
End of conversation
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