EOS community fights back against whales controlling its blockchain

Get the Full StoryThe EOS community is growing anxious that its blockchain is really being controlled by a select few. A petition has been drafted to introduce voting limits to protect small-time token holders against the influence of whales. EOS runs on Delegated Proof-of-Stake DPoS to determine who validates blocks on its blockchain: instead of miners though, it uses so-called block producers BPs . The idea is that those who have invested more money should have a stronger voice when it comes to making important decisions, as they have more to lose but there is currently no limit to the amount of votes… This story continues at The Next Web

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