Xie: EOS's 21 block producer model defeats the core purpose of crypto
Linda Xie · 20VC: Scalar Capital's Linda Xjie on Who Will Win The Smart Contract War, The Future of Exchanges: Centralised or Decentralised & The Pros and Cons of Differing Privacy Coins · Oct 22, 2018 · at 28:55
Linda Xie, co-founder of Scalar Capital, criticizes Delegated Proof of Stake blockchains like EOS for sacrificing decentralization in favor of scalability.
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“I'm not personally as excited about those because that, to me, often defeats the whole purpose Of this entire space, if you just have, like, this, like, concentrated group of people that are validating all the transactions, you're seeing that with platforms like EOS. They've openly made that trade-off and said, okay, we're only going to have 21 block producers that are going to be verifying everything”
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