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c4chaos's profile
~C4Chaos
~C4Chaos
~C4Chaos
@c4chaos

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~C4Chaos

@c4chaos

the man, the mortal, the hero, to zero.... (hyper)streaming with passion and compassion... #cryptotrifecta #HODLandChill #hardcoredharma $TSLA

everywhere and nowhere
c4chaos.com
Joined January 2007

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    1. Eric Wall‏ @ercwl May 6

      Eric Wall Retweeted Daniel Larimer

      If anyone needs more examples of how @EOS_io and @bytemaster7 are not forthcoming with how they're framing their project & neglecting to mention the trade-offs involved in their design, take a look at this.https://twitter.com/bytemaster7/status/993245016813424641 …

      Eric Wall added,

      Daniel Larimer @bytemaster7
      DPOS Decentralization vs Bitcoin & Ethereum #eosio #bitcoin #ethereum pic.twitter.com/99xbvQlARp
      14 replies 31 retweets 125 likes
      Show this thread
    2. Eric Wall‏ @ercwl May 6

      1 mining pool != 1 vote E.g. BTCC uses GBT which allows individual miners to create blocks, not the pool. Miners are free to choose pool. https://en.bitcoin.it/wiki/Getblocktemplate … That's just one of the ways a PoW system can improve that a DPoS system just can't.

      3 replies 1 retweet 15 likes
      Show this thread
    3. Eric Wall‏ @ercwl May 6

      Furthermore, a PoW mining pool can operate from anonymous miners across the globe. An EOS BP is just a corporate-owned server. The whole thing is shut down with a subpoena.

      4 replies 1 retweet 32 likes
      Show this thread
    4. ~C4Chaos‏ @c4chaos May 6
      Replying to @ercwl

      the 21 $EOS BP is arbitrary. it can be increased in the future via governance. also there are 100 BPs on standby to replace any BP that will fall off or kicked out of the Top 21.

      2 replies 0 retweets 0 likes
    5. Eric Wall‏ @ercwl May 6
      Replying to @c4chaos

      It's not arbitrary. It was carefully selected by @bytemaster7 because more would be unfeasible to monitor effectively.

      1 reply 0 retweets 0 likes
      ~C4Chaos‏ @c4chaos May 6
      Replying to @ercwl @bytemaster7

      granted, the Top 20 BPs are voted by the $EOS. community and the 21st BP is randomly selected from at least 100+ Standby BPs. BPs will be geographically scattered so no one govt can shut them down altogether. and even if multiple BPs get shut down there will be standbys.

      5:49 PM - 6 May 2018
      0 replies 0 retweets 0 likes

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