Viewing a response to: @robertdurst10/re-matt-a-re-robertdurst10-change-of-heart-thanks-to-eos-20170803t183816888z
Hahaha, that is straight up gangster mode right there!!! Massive respect to you on that one, definitely something that I would do haha. Wearing the "I killed the bank," shirt to Fintech week!!! 1337. Brendan rules, solid dude. Surely Brendan couldn't have been debating against you defending DPOS!? Fill me in on that one! Yep, balance is key. Ultra crucial. Gotta be disciplined. It's hard, but it must be done if you wanna thrive and really make your time valuable. Yeah, that's what I do. I post here and there when I feel like it, but primarily interact with people and use this as the bleeding edge news source for things like EOS. I also have been substituting this for social media now that I've gotten a ton of people on here haha. It's cool, once you get some of your social circle on here, it's a bit more fun, and, well, lucrative. That's the beauty of it! That, and censorship resistance. As for EOS, it's quiiiiite a bit different than Steem. It wont supplant Steem, but in turn, could actually RUN the Steem blockchain. I condense the idea of EOS down in my head to a 3D array of blockchains that equate to one massive decentralized, global supercomputer that I can control/run DAPPs on proportionate to my stake in the network. So you can essentially run Steem on it with absolute ease :-). I don't think that people truly understand the implications of EOS being unleashed in the real world yet. It is absolutely revolutionary. It's crazy, like a revolution within a revolution. So damn cool! GET/STAY INVOLVED!
author | matt-a |
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He agreed with me that the creation of wealth on Steemit was an issue when it comes to DPOS. Don't want to speak for him because I'm a little fuzzy on what we talked about since it's been a LONG week. Way I look at it, DPOS here is not effective because a small group has a huge stake. When I was running for witness, sad reality, why pander to the community of minnows I was a part of... I need 3 whale votes and I'll be top 100. Also, groups can essentially buy votes. DPOS acts to eliminate tyranny of the majority; you can't round up all minnows and get the most votes. However, you can round up minnows, consolidate voting power, and grow the vesting power of all those minnows. Suddenly you've doubled...tripled...quadrupled your vested support. EOS won't have this upvote power and will have much larger, more diverse adoption (and won't follow this social popularity model). So I think DPOS may be much more effective there.
author | robertdurst10 |
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permlink | re-matt-a-re-robertdurst10-re-matt-a-re-robertdurst10-change-of-heart-thanks-to-eos-20170803t190327129z |
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