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Author Topic: "Decentralized" because market control is illegal  (Read 153 times)

katemi

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"Decentralized" because market control is illegal
« on: January 24, 2019, 04:30:53 AM »
How can you believe in Proof of Stake (POF) more than in Proof of Work(POW)?
While POW is less effective in terms of costs, does Proof of Stake make
Ethereum "decentralized"?

With POF, the validators chosen are those with the highest number of coins
In other words, your decentralized, not controlled by a central authority
Ethereum Blockchain is now controlled by the BIG WHALES.
The first investors were in control of the Blockchain. They were
the guys rewarded most just because they had most.
Thanks all for falling into this "smart" scam.

Synvc

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Re: "Decentralized" because market control is illegal
« Reply #1 on: January 24, 2019, 01:01:01 PM »
Cryptocurrency is definitely already someone behind it and that's a game for them to play the price

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Redix

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Re: "Decentralized" because market control is illegal
« Reply #2 on: January 29, 2019, 11:53:01 AM »
Ethereum Blockchain is now controlled by the BIG WHALES.

They look like the people who can control everything on market. I think it is not a good thing for the fairness on trading. Small traders only become the victim by their pump and dump. I don't have idea to stop them but only hope for something better in the future. 

 

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