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RE: EOS Mini Series - Part 6 - The Potential Danger Zones Of EOS

in #cryptocurrency7 years ago

I think the main problem, just like with Ethereum, is having a central figure that can influence the market so much. Imagine a scenario in which Dan Larimer promotes specific block producers forming a cartel if you will. This is a potential issue I see with the design and rollout.

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Almost all coins other than Bitcoin have the messiah problem :)

Though Bitcoin avoids this only through the anonymity of Satoshi. I imagine if he/she surfaced now though influence would be limited given the evolution.

It is going to be a great future for crypto as the media and mainstream worm appears to be turning, albeit slowly.