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12896563 No.12896563 [Reply] [Original]

The EOS blockchain is pretty big. Like 4TB big, and growing rapidly. Out of 21 elected block producers, only 2 (10%) run a full node. Simply put, the economics of running a full node don't make sense for most BPs. As a result, the security of the network is put at risk.

When a few entities have the power to break your dApp(s), is that sufficiently "decentralized"? This problem is not isolated to EOS. Eth full nodes are quite large (~1.5 TB without pruning). If infura went down, what percentage of the Eth network would break too?

tl;dr: Short altcoins, long BTC.

>> No.12896573

>>12896563
>Out of 21 elected block producers, only 2 (10%) run a full node.
HAHAHAHAHAHAHAHAHAHAHAHHAAHAHAHAHAHAHAAHA

3.3 billion market cap

>> No.12896594

lmao this was obvious to anyone who paid attention
any shitcoin that touts itself as being able to handle $thousands of transactions per second is not a secure/decentralized platform. for some this is by design, for others it's outright fraud

>> No.12896626

even dan was surprised by the success of his own scam
he never thought it would get this big this fast and expose the fraud for what it is
all eos will ever be unless this is fixed, is a chinese gambling shitcoin
there are a lot of chinese and they all like to gamble, so it will remain high volume and cmc, but lol....

>> No.12896689
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12896689

>>12896594
When the market realizes of this physical fact the shitcoin to bitcoin exodus will be massive and definitive.

>> No.12896720

>>12896563
good thing we've had answers to scaling issues for literal decades.

>> No.12896910
File: 213 KB, 1800x1020, its too late.jpg [View same] [iqdb] [saucenao] [google]
12896910

>>12896720
None of these "answers" challenge Bitcoin as #1.

Gold as a store of value: $7.7 Trillion USD
Offshore banking: $15 Trillion USD
Credit cards/payments: $770 Billion in Visa, MasterCard, and PayPal alone
Certificates for Deposit (CDs): $571 Billion in the USA alone, on just those under $100,000

Scaling as always been a meme to sell shitcoins to noobs.

>> No.12896984

>>12896910
Take your investment blinders off and re-look at BTC. It's a fractured brand that has abandoned it's original whitepaper purpose and destroyed it's core community doing so.
You do what you want but I first used BTC in 2011 and I abandoned it when they abandoned the mission. Hint: the mission wasn't to replace gold as an immobile store of value.