Is EOS fully decentralized?












2














Today, I researched how people can vote 21 BPs in the EOS system, so I am wondering, is EOS fully decentralized or does it still use a server center?










share|improve this question




















  • 3




    "fully decentralized" is subjective as no blockchain is objectively fully decentralized in practice
    – confused00
    Dec 10 '18 at 10:42












  • Yeah, something still make me confuse like voting mechanism :)
    – Oanh Nguyen
    Dec 11 '18 at 2:13
















2














Today, I researched how people can vote 21 BPs in the EOS system, so I am wondering, is EOS fully decentralized or does it still use a server center?










share|improve this question




















  • 3




    "fully decentralized" is subjective as no blockchain is objectively fully decentralized in practice
    – confused00
    Dec 10 '18 at 10:42












  • Yeah, something still make me confuse like voting mechanism :)
    – Oanh Nguyen
    Dec 11 '18 at 2:13














2












2








2







Today, I researched how people can vote 21 BPs in the EOS system, so I am wondering, is EOS fully decentralized or does it still use a server center?










share|improve this question















Today, I researched how people can vote 21 BPs in the EOS system, so I am wondering, is EOS fully decentralized or does it still use a server center?







voting






share|improve this question















share|improve this question













share|improve this question




share|improve this question








edited Dec 10 '18 at 16:48









Glorfindel

1271111




1271111










asked Dec 10 '18 at 7:12









Oanh Nguyen

368




368








  • 3




    "fully decentralized" is subjective as no blockchain is objectively fully decentralized in practice
    – confused00
    Dec 10 '18 at 10:42












  • Yeah, something still make me confuse like voting mechanism :)
    – Oanh Nguyen
    Dec 11 '18 at 2:13














  • 3




    "fully decentralized" is subjective as no blockchain is objectively fully decentralized in practice
    – confused00
    Dec 10 '18 at 10:42












  • Yeah, something still make me confuse like voting mechanism :)
    – Oanh Nguyen
    Dec 11 '18 at 2:13








3




3




"fully decentralized" is subjective as no blockchain is objectively fully decentralized in practice
– confused00
Dec 10 '18 at 10:42






"fully decentralized" is subjective as no blockchain is objectively fully decentralized in practice
– confused00
Dec 10 '18 at 10:42














Yeah, something still make me confuse like voting mechanism :)
– Oanh Nguyen
Dec 11 '18 at 2:13




Yeah, something still make me confuse like voting mechanism :)
– Oanh Nguyen
Dec 11 '18 at 2:13










3 Answers
3






active

oldest

votes


















2














EOS does not have a central server or a single point of failure.



All 21 block producers can be replaced and there is a reserve pool 100 block producers waiting at any moment.



Here you get a geo map of active producers https://www.eos-radar.com/






share|improve this answer





















  • Thanks but, I do not clear how an EOS can know another EOS is active or standby?
    – Oanh Nguyen
    Dec 11 '18 at 2:12










  • The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
    – Mikko Ohtamaa
    Dec 11 '18 at 10:37












  • Thank you very much!
    – Oanh Nguyen
    Dec 12 '18 at 1:22



















2














Original answer:



DPoS (the consensus Algorithm of EOS.IO) is a trade-off between full decentralization and speed.
While PoW algorithms allow almost all nodes on the network to create blocks, DPoS gives this privilege to selected Block-Producers (BPs). These are elected by the community. 21 in EOS that are active and 21 in stand by if some BP fails.



In theory BPs should be heterogeneous and geographically distributed. There are several guidelines how to select "good" BPs. Also the community profits from BPs that have their own servers. If all the Nodes are setup on the same cloud e.g. AWS there would be less decentralization.



The actual state of decentralization depends on the active BPs. You can check them e.g. here. Almost every BP has a website or information why you should vote for them. Also reddit has good information about trustful BPs and the latest activities.



However DPoS is often criticized for the whales (people/institutions that hold many tokens - voting power). They may vote multiple BPs they like or they participate with into the pool. Nevertheless the technology is able to provide a good grade of decentralization.






Edit for comment:



The ecosystem knows about your token because it is handled by a system contract. The system contracts provide the basic functionality for EOSIO based blockchains. You can interact with them via transactions. These cover transferring tokens or voting. Because the contracts state is stored in the memory of BPs (e.g. the amount of token an account holds) and all other "full nodes" and will be updated on change, everybody knows how much token an account holds.



Initially there was taken a snapshot from the ERC-20 token distribution (also check out this question), that all BPs verified and agreed on. On the running chain the distribution changed because new token are payed to BPs and others have been transferred.






Further Information about DPoS:



DPOS Consensus Algorithm - The Missing White Paper 2016



DPOS BFT— Pipelined Byzantine Fault Tolerance 2018



I would also recommend reading more of Dan Larimer's Medium/Steemit posts and further discussions from other authors.






share|improve this answer























  • Thank you very much, I will check it carefully
    – Oanh Nguyen
    Dec 11 '18 at 2:10










  • Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
    – Oanh Nguyen
    Dec 12 '18 at 2:44










  • Updated the answer.
    – TeeAttack42
    Dec 12 '18 at 8:49










  • Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
    – Oanh Nguyen
    Dec 12 '18 at 8:56






  • 1




    If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
    – TeeAttack42
    Dec 12 '18 at 9:32



















0














EOS and other sister chains such as TLOS, which launched this week, are DPoS based blockchains. Delegated Proof of Stake (DPoS) can be easily confused as Decentralied Proof of Stake as the acronyms are same. A DPoS consensus-based blockchain puts a lot of "trust" in the operators -- aka Blockchain Producers (BP) -- that run the actual computer server network consisting of block production nodes among other things. These BPs are voted by token holders.



In an ideal world, there won't be big token holders -- also called whales -- who can weigh heavily in the voting process. This turned out to be not the case of EOS. EOS suffers from huge whale problems, and also the voter participation is not ideal. But that has nothing to do with the EOSIO technology that it is built on. Time will tell how the voting and governance plays out on EOS. TLOS, a new chain based on EOSIO software is the "refined" version of EOS by many counts. For example, they have curved the whale problem at the genesis level by capping the max token ownership to a small number of tokens. Again, only time will tell how governance component of these chains works out!






share|improve this answer

















  • 1




    Thanks for your answer
    – Oanh Nguyen
    Dec 12 '18 at 1:22











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3 Answers
3






active

oldest

votes








3 Answers
3






active

oldest

votes









active

oldest

votes






active

oldest

votes









2














EOS does not have a central server or a single point of failure.



All 21 block producers can be replaced and there is a reserve pool 100 block producers waiting at any moment.



Here you get a geo map of active producers https://www.eos-radar.com/






share|improve this answer





















  • Thanks but, I do not clear how an EOS can know another EOS is active or standby?
    – Oanh Nguyen
    Dec 11 '18 at 2:12










  • The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
    – Mikko Ohtamaa
    Dec 11 '18 at 10:37












  • Thank you very much!
    – Oanh Nguyen
    Dec 12 '18 at 1:22
















2














EOS does not have a central server or a single point of failure.



All 21 block producers can be replaced and there is a reserve pool 100 block producers waiting at any moment.



Here you get a geo map of active producers https://www.eos-radar.com/






share|improve this answer





















  • Thanks but, I do not clear how an EOS can know another EOS is active or standby?
    – Oanh Nguyen
    Dec 11 '18 at 2:12










  • The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
    – Mikko Ohtamaa
    Dec 11 '18 at 10:37












  • Thank you very much!
    – Oanh Nguyen
    Dec 12 '18 at 1:22














2












2








2






EOS does not have a central server or a single point of failure.



All 21 block producers can be replaced and there is a reserve pool 100 block producers waiting at any moment.



Here you get a geo map of active producers https://www.eos-radar.com/






share|improve this answer












EOS does not have a central server or a single point of failure.



All 21 block producers can be replaced and there is a reserve pool 100 block producers waiting at any moment.



Here you get a geo map of active producers https://www.eos-radar.com/







share|improve this answer












share|improve this answer



share|improve this answer










answered Dec 10 '18 at 8:43









Mikko Ohtamaa

383114




383114












  • Thanks but, I do not clear how an EOS can know another EOS is active or standby?
    – Oanh Nguyen
    Dec 11 '18 at 2:12










  • The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
    – Mikko Ohtamaa
    Dec 11 '18 at 10:37












  • Thank you very much!
    – Oanh Nguyen
    Dec 12 '18 at 1:22


















  • Thanks but, I do not clear how an EOS can know another EOS is active or standby?
    – Oanh Nguyen
    Dec 11 '18 at 2:12










  • The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
    – Mikko Ohtamaa
    Dec 11 '18 at 10:37












  • Thank you very much!
    – Oanh Nguyen
    Dec 12 '18 at 1:22
















Thanks but, I do not clear how an EOS can know another EOS is active or standby?
– Oanh Nguyen
Dec 11 '18 at 2:12




Thanks but, I do not clear how an EOS can know another EOS is active or standby?
– Oanh Nguyen
Dec 11 '18 at 2:12












The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
– Mikko Ohtamaa
Dec 11 '18 at 10:37






The 21 active block producers are ones with most votes at any moment. eosauthority.com/voting
– Mikko Ohtamaa
Dec 11 '18 at 10:37














Thank you very much!
– Oanh Nguyen
Dec 12 '18 at 1:22




Thank you very much!
– Oanh Nguyen
Dec 12 '18 at 1:22











2














Original answer:



DPoS (the consensus Algorithm of EOS.IO) is a trade-off between full decentralization and speed.
While PoW algorithms allow almost all nodes on the network to create blocks, DPoS gives this privilege to selected Block-Producers (BPs). These are elected by the community. 21 in EOS that are active and 21 in stand by if some BP fails.



In theory BPs should be heterogeneous and geographically distributed. There are several guidelines how to select "good" BPs. Also the community profits from BPs that have their own servers. If all the Nodes are setup on the same cloud e.g. AWS there would be less decentralization.



The actual state of decentralization depends on the active BPs. You can check them e.g. here. Almost every BP has a website or information why you should vote for them. Also reddit has good information about trustful BPs and the latest activities.



However DPoS is often criticized for the whales (people/institutions that hold many tokens - voting power). They may vote multiple BPs they like or they participate with into the pool. Nevertheless the technology is able to provide a good grade of decentralization.






Edit for comment:



The ecosystem knows about your token because it is handled by a system contract. The system contracts provide the basic functionality for EOSIO based blockchains. You can interact with them via transactions. These cover transferring tokens or voting. Because the contracts state is stored in the memory of BPs (e.g. the amount of token an account holds) and all other "full nodes" and will be updated on change, everybody knows how much token an account holds.



Initially there was taken a snapshot from the ERC-20 token distribution (also check out this question), that all BPs verified and agreed on. On the running chain the distribution changed because new token are payed to BPs and others have been transferred.






Further Information about DPoS:



DPOS Consensus Algorithm - The Missing White Paper 2016



DPOS BFT— Pipelined Byzantine Fault Tolerance 2018



I would also recommend reading more of Dan Larimer's Medium/Steemit posts and further discussions from other authors.






share|improve this answer























  • Thank you very much, I will check it carefully
    – Oanh Nguyen
    Dec 11 '18 at 2:10










  • Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
    – Oanh Nguyen
    Dec 12 '18 at 2:44










  • Updated the answer.
    – TeeAttack42
    Dec 12 '18 at 8:49










  • Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
    – Oanh Nguyen
    Dec 12 '18 at 8:56






  • 1




    If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
    – TeeAttack42
    Dec 12 '18 at 9:32
















2














Original answer:



DPoS (the consensus Algorithm of EOS.IO) is a trade-off between full decentralization and speed.
While PoW algorithms allow almost all nodes on the network to create blocks, DPoS gives this privilege to selected Block-Producers (BPs). These are elected by the community. 21 in EOS that are active and 21 in stand by if some BP fails.



In theory BPs should be heterogeneous and geographically distributed. There are several guidelines how to select "good" BPs. Also the community profits from BPs that have their own servers. If all the Nodes are setup on the same cloud e.g. AWS there would be less decentralization.



The actual state of decentralization depends on the active BPs. You can check them e.g. here. Almost every BP has a website or information why you should vote for them. Also reddit has good information about trustful BPs and the latest activities.



However DPoS is often criticized for the whales (people/institutions that hold many tokens - voting power). They may vote multiple BPs they like or they participate with into the pool. Nevertheless the technology is able to provide a good grade of decentralization.






Edit for comment:



The ecosystem knows about your token because it is handled by a system contract. The system contracts provide the basic functionality for EOSIO based blockchains. You can interact with them via transactions. These cover transferring tokens or voting. Because the contracts state is stored in the memory of BPs (e.g. the amount of token an account holds) and all other "full nodes" and will be updated on change, everybody knows how much token an account holds.



Initially there was taken a snapshot from the ERC-20 token distribution (also check out this question), that all BPs verified and agreed on. On the running chain the distribution changed because new token are payed to BPs and others have been transferred.






Further Information about DPoS:



DPOS Consensus Algorithm - The Missing White Paper 2016



DPOS BFT— Pipelined Byzantine Fault Tolerance 2018



I would also recommend reading more of Dan Larimer's Medium/Steemit posts and further discussions from other authors.






share|improve this answer























  • Thank you very much, I will check it carefully
    – Oanh Nguyen
    Dec 11 '18 at 2:10










  • Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
    – Oanh Nguyen
    Dec 12 '18 at 2:44










  • Updated the answer.
    – TeeAttack42
    Dec 12 '18 at 8:49










  • Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
    – Oanh Nguyen
    Dec 12 '18 at 8:56






  • 1




    If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
    – TeeAttack42
    Dec 12 '18 at 9:32














2












2








2






Original answer:



DPoS (the consensus Algorithm of EOS.IO) is a trade-off between full decentralization and speed.
While PoW algorithms allow almost all nodes on the network to create blocks, DPoS gives this privilege to selected Block-Producers (BPs). These are elected by the community. 21 in EOS that are active and 21 in stand by if some BP fails.



In theory BPs should be heterogeneous and geographically distributed. There are several guidelines how to select "good" BPs. Also the community profits from BPs that have their own servers. If all the Nodes are setup on the same cloud e.g. AWS there would be less decentralization.



The actual state of decentralization depends on the active BPs. You can check them e.g. here. Almost every BP has a website or information why you should vote for them. Also reddit has good information about trustful BPs and the latest activities.



However DPoS is often criticized for the whales (people/institutions that hold many tokens - voting power). They may vote multiple BPs they like or they participate with into the pool. Nevertheless the technology is able to provide a good grade of decentralization.






Edit for comment:



The ecosystem knows about your token because it is handled by a system contract. The system contracts provide the basic functionality for EOSIO based blockchains. You can interact with them via transactions. These cover transferring tokens or voting. Because the contracts state is stored in the memory of BPs (e.g. the amount of token an account holds) and all other "full nodes" and will be updated on change, everybody knows how much token an account holds.



Initially there was taken a snapshot from the ERC-20 token distribution (also check out this question), that all BPs verified and agreed on. On the running chain the distribution changed because new token are payed to BPs and others have been transferred.






Further Information about DPoS:



DPOS Consensus Algorithm - The Missing White Paper 2016



DPOS BFT— Pipelined Byzantine Fault Tolerance 2018



I would also recommend reading more of Dan Larimer's Medium/Steemit posts and further discussions from other authors.






share|improve this answer














Original answer:



DPoS (the consensus Algorithm of EOS.IO) is a trade-off between full decentralization and speed.
While PoW algorithms allow almost all nodes on the network to create blocks, DPoS gives this privilege to selected Block-Producers (BPs). These are elected by the community. 21 in EOS that are active and 21 in stand by if some BP fails.



In theory BPs should be heterogeneous and geographically distributed. There are several guidelines how to select "good" BPs. Also the community profits from BPs that have their own servers. If all the Nodes are setup on the same cloud e.g. AWS there would be less decentralization.



The actual state of decentralization depends on the active BPs. You can check them e.g. here. Almost every BP has a website or information why you should vote for them. Also reddit has good information about trustful BPs and the latest activities.



However DPoS is often criticized for the whales (people/institutions that hold many tokens - voting power). They may vote multiple BPs they like or they participate with into the pool. Nevertheless the technology is able to provide a good grade of decentralization.






Edit for comment:



The ecosystem knows about your token because it is handled by a system contract. The system contracts provide the basic functionality for EOSIO based blockchains. You can interact with them via transactions. These cover transferring tokens or voting. Because the contracts state is stored in the memory of BPs (e.g. the amount of token an account holds) and all other "full nodes" and will be updated on change, everybody knows how much token an account holds.



Initially there was taken a snapshot from the ERC-20 token distribution (also check out this question), that all BPs verified and agreed on. On the running chain the distribution changed because new token are payed to BPs and others have been transferred.






Further Information about DPoS:



DPOS Consensus Algorithm - The Missing White Paper 2016



DPOS BFT— Pipelined Byzantine Fault Tolerance 2018



I would also recommend reading more of Dan Larimer's Medium/Steemit posts and further discussions from other authors.







share|improve this answer














share|improve this answer



share|improve this answer








edited Dec 12 '18 at 10:57

























answered Dec 10 '18 at 8:53









TeeAttack42

1,717326




1,717326












  • Thank you very much, I will check it carefully
    – Oanh Nguyen
    Dec 11 '18 at 2:10










  • Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
    – Oanh Nguyen
    Dec 12 '18 at 2:44










  • Updated the answer.
    – TeeAttack42
    Dec 12 '18 at 8:49










  • Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
    – Oanh Nguyen
    Dec 12 '18 at 8:56






  • 1




    If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
    – TeeAttack42
    Dec 12 '18 at 9:32


















  • Thank you very much, I will check it carefully
    – Oanh Nguyen
    Dec 11 '18 at 2:10










  • Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
    – Oanh Nguyen
    Dec 12 '18 at 2:44










  • Updated the answer.
    – TeeAttack42
    Dec 12 '18 at 8:49










  • Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
    – Oanh Nguyen
    Dec 12 '18 at 8:56






  • 1




    If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
    – TeeAttack42
    Dec 12 '18 at 9:32
















Thank you very much, I will check it carefully
– Oanh Nguyen
Dec 11 '18 at 2:10




Thank you very much, I will check it carefully
– Oanh Nguyen
Dec 11 '18 at 2:10












Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
– Oanh Nguyen
Dec 12 '18 at 2:44




Hi, I am concerning about tokens of EOS. When I vote, how to the EOS ecosystem know I have large of EOS tokens?
– Oanh Nguyen
Dec 12 '18 at 2:44












Updated the answer.
– TeeAttack42
Dec 12 '18 at 8:49




Updated the answer.
– TeeAttack42
Dec 12 '18 at 8:49












Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
– Oanh Nguyen
Dec 12 '18 at 8:56




Thanks for your help?I understood. And I want to ask you a question: If a BPs died, it won't be voted so how the EOS system know it died? (I am thinking EOS system as a proxy)
– Oanh Nguyen
Dec 12 '18 at 8:56




1




1




If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
– TeeAttack42
Dec 12 '18 at 9:32




If a BP crashes, he won't produce blocks at its turn (like it is defined per DPoS) and he will be removed from the active BPs list and may lose votes.
– TeeAttack42
Dec 12 '18 at 9:32











0














EOS and other sister chains such as TLOS, which launched this week, are DPoS based blockchains. Delegated Proof of Stake (DPoS) can be easily confused as Decentralied Proof of Stake as the acronyms are same. A DPoS consensus-based blockchain puts a lot of "trust" in the operators -- aka Blockchain Producers (BP) -- that run the actual computer server network consisting of block production nodes among other things. These BPs are voted by token holders.



In an ideal world, there won't be big token holders -- also called whales -- who can weigh heavily in the voting process. This turned out to be not the case of EOS. EOS suffers from huge whale problems, and also the voter participation is not ideal. But that has nothing to do with the EOSIO technology that it is built on. Time will tell how the voting and governance plays out on EOS. TLOS, a new chain based on EOSIO software is the "refined" version of EOS by many counts. For example, they have curved the whale problem at the genesis level by capping the max token ownership to a small number of tokens. Again, only time will tell how governance component of these chains works out!






share|improve this answer

















  • 1




    Thanks for your answer
    – Oanh Nguyen
    Dec 12 '18 at 1:22
















0














EOS and other sister chains such as TLOS, which launched this week, are DPoS based blockchains. Delegated Proof of Stake (DPoS) can be easily confused as Decentralied Proof of Stake as the acronyms are same. A DPoS consensus-based blockchain puts a lot of "trust" in the operators -- aka Blockchain Producers (BP) -- that run the actual computer server network consisting of block production nodes among other things. These BPs are voted by token holders.



In an ideal world, there won't be big token holders -- also called whales -- who can weigh heavily in the voting process. This turned out to be not the case of EOS. EOS suffers from huge whale problems, and also the voter participation is not ideal. But that has nothing to do with the EOSIO technology that it is built on. Time will tell how the voting and governance plays out on EOS. TLOS, a new chain based on EOSIO software is the "refined" version of EOS by many counts. For example, they have curved the whale problem at the genesis level by capping the max token ownership to a small number of tokens. Again, only time will tell how governance component of these chains works out!






share|improve this answer

















  • 1




    Thanks for your answer
    – Oanh Nguyen
    Dec 12 '18 at 1:22














0












0








0






EOS and other sister chains such as TLOS, which launched this week, are DPoS based blockchains. Delegated Proof of Stake (DPoS) can be easily confused as Decentralied Proof of Stake as the acronyms are same. A DPoS consensus-based blockchain puts a lot of "trust" in the operators -- aka Blockchain Producers (BP) -- that run the actual computer server network consisting of block production nodes among other things. These BPs are voted by token holders.



In an ideal world, there won't be big token holders -- also called whales -- who can weigh heavily in the voting process. This turned out to be not the case of EOS. EOS suffers from huge whale problems, and also the voter participation is not ideal. But that has nothing to do with the EOSIO technology that it is built on. Time will tell how the voting and governance plays out on EOS. TLOS, a new chain based on EOSIO software is the "refined" version of EOS by many counts. For example, they have curved the whale problem at the genesis level by capping the max token ownership to a small number of tokens. Again, only time will tell how governance component of these chains works out!






share|improve this answer












EOS and other sister chains such as TLOS, which launched this week, are DPoS based blockchains. Delegated Proof of Stake (DPoS) can be easily confused as Decentralied Proof of Stake as the acronyms are same. A DPoS consensus-based blockchain puts a lot of "trust" in the operators -- aka Blockchain Producers (BP) -- that run the actual computer server network consisting of block production nodes among other things. These BPs are voted by token holders.



In an ideal world, there won't be big token holders -- also called whales -- who can weigh heavily in the voting process. This turned out to be not the case of EOS. EOS suffers from huge whale problems, and also the voter participation is not ideal. But that has nothing to do with the EOSIO technology that it is built on. Time will tell how the voting and governance plays out on EOS. TLOS, a new chain based on EOSIO software is the "refined" version of EOS by many counts. For example, they have curved the whale problem at the genesis level by capping the max token ownership to a small number of tokens. Again, only time will tell how governance component of these chains works out!







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answered Dec 11 '18 at 17:53









Kabir

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39318








  • 1




    Thanks for your answer
    – Oanh Nguyen
    Dec 12 '18 at 1:22














  • 1




    Thanks for your answer
    – Oanh Nguyen
    Dec 12 '18 at 1:22








1




1




Thanks for your answer
– Oanh Nguyen
Dec 12 '18 at 1:22




Thanks for your answer
– Oanh Nguyen
Dec 12 '18 at 1:22


















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