Nick Szabo  🔑

In EOS a few complete strangers can freeze what users thought was their money. Under the EOS protocol you must trust a "constitutional" organization comprised of people you will likely never get to know. The EOS "constitution" is socially unscalable and a security hole.https://twitter.com/andimule/status/1008689616130633729 …

Blocked, dimwit. Regardless of voting they are for most users at any substantial social scale complete strangers. Before you call people names you should try doing something extremely basic like counting people and thinking about how well they can know each other.

So, like the president of America? Imagine if there was 21 simultaneous presidents and more than 100 presidential candidates who you could be vote in or out because the election never ends and they could constantly be held accountable?

Then that would be 20 more people you'd know about 1/20th as well as you'd know one (and even one would be hardly at all -- how well do you know Christian Sewing or Jamie Dimon?). Either way, an utterly idiotic way to run a cryptocurrency compared to secure automation.

This is true, but having 1 gives ultimate control and no need for collusion to achieve This, 21 people incentivized to blow the whistle on collision helps keep them honest too, for just as I can't know them all 100% they can't know eachother 100%, Try to see pros AND cons