Nick Szabo  🔑

"EOS Adjudication" is no longer a part of the EOS Blockchain.

Source?

That's a pretty overwhelming vote by people who AFAIK started out greatly supporting this kind of adjudication. Has anybody written up a good summary of these experiences and why folks soured on it, describing actual cases?

There was always a strong resistance,but the excitement over the launch and "trying not to fud" kept those voices down. Ecaf left a big hole of unsolved cases and alleged victims who still don't know whats their status is and that kept the finger pointing out of the twitter.

Fascinating. Don't let these experiences go down the memory hole. I'm worried that like micropayments this will be one of these areas where tons of folks perpetually and naively keeping reinventing like they are doing something brand new, never learning from prior experiences.

I will be happy to promote to my Twitter audience good write-up(s) of the EOS arbitration experience, by either insiders or participants or just good observers.

The interesting thing here is that you can move the wealth to a centrally reversible platform like EOS and pretend that you're just transferring the money tlo a neutral vault, when actually it de facto deprives one court of jurisdiction and gives jurisdiction to EOS.

One could call that... “piercing the decentralized veil”

Nope, it's taking advantage of EOS's centralized adjudication. Piercing a pseudo-decentralized veil.

“Pseudo” is a fancy way to say “fake”. Granted, I am an EOS supporter and there are some use cases for such protocols that aren’t inherently decentralized

Its adjudication and transaction reversal procedures are centralized, and that is what is relevant here.

There has never been a single transaction reversed on #EOS. You are spreading misinformation.

This is true, @NickSzabo4 There has been considerable amount of misinformation in blockchain world. EOS needs to be understood better and being one of the avid follower of your work, we highly recommend you to spend more time on real information as compared to FUD headlines.

Trusted third parties are great .... as long as they side with you.

That's the tricky (and often expensive) part. :-)