Sharing this article which also mentions Steem
While on Twitter a few minutes ago, I saw this article talking about Dan and EOS, but the article also discusses Bitshares and Steem and the speed and efficiency of our favorite blockchains. I think it is likely good press for both Bitshares and Steem as well as for EOS.
Dan Larimer created Bitshares (2014) and Steem (2016) with the original Delegated Proof of Stake (DPoS) and graphene technology. His involvement with blockchains dates back to the early days of Bitcoin where he would have forum discussions with the mystery inventor of Bitcoin, Satoshi. The DPoS design is often criticized for relying on only 20 to 100 validators, security nodes that decide the validity of transactions. Dan argues delegating control by far more users via voting to 21 even in power validators is more decentralized than delegating hashing power to far fewer dominant mining pools observed in Bitcoin or Ethereum. Dan claims DPoS to be “the most decentralized” by formalizing the decentralized peer review of 21 equivalent validators for security instead of a strict reliance on wealth for selection used in other designs, often too concentrated according to Pareto principle. Currently he is working with block.one on EOS, a new blockchain for decentralized applications (dApps), based on the next evolution of these technologies. The proposed list of features is not entirely new as many can be observed in action today on the blockchains of the previous two evolutions.
Sharing just to share... Vote accordingly.
EOS could use some good news for once...
Agreed ! with you
Waiting for like what seems forever for something positive...
fantastic post and no doubt a wonderful article, it's so useful to understand the concept of steem and steem blockchain, thanks for sharing
An excellent article and there is an opinion that EOS includes a mechanism for freezing and fixing broken or frozen applications. For example, if the DAO were implemented on EOS, it could be frozen, patched and updated without disturbing other EOS applications. Furthermore, DPOS consensus mechanism for EOS has no capacity for reproduction of the set of competing chains during hardforkov. This is evidenced by 18 successful hordfork tested by the network Steem, which also works on the technology Graphene. Thank you @whatsup
This is a great article! STEEM really works efficiently and faster. Thank you very much for the information.
You so nice bruh
Amazing. And not just this, a few days ago Julian Assange was asking for a decentralized version of Twitter, and someone there pointed to Steemit. A pity that that was the first time Steemit was down
You know, what if that's why.... wow.
This is a great article! STEEM really works efficiently and faster.
Cryptocurrencies are the future and thank
goodness that we are part of it..good post
Hi @whatsup,
An useful article to understand the power of STEEM and it's block chain...!!!
50% Upvoted by @MinnowsPower
amigo #resteemia at your service
fantastic article with a good review about steem, bitshares & eos. nice info @whatsup
ReSteemia
'UpVoted ReSteemed Commented'