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.
