BM: EOS producers are not elected

BM: EOS producers are not elected

According to IMEOS, member Spearo interacted in the telegraph group to better understand the security of the blockchain and the protocol to ensure BP integrity (integrity), and assumed some of the concerns of sudden attacks (competitors mixed into BP) BM responded. DPOS is divided into two layers as a consensus system. The 0 layer is the producers agree on the best chain. The first layer is the producer. EOS uses the mortgager's consent to vote on the first level, but this only produces results that are consistent with the individual voting preferences and the given token distribution. Reassign EOS to the “right” person and re-enjoy everyone through decentralization and elections. I think there is a strong example where the producers of EOS are not elected, but are self-appointed for life or until more than two-thirds add or remove one of the producers. If this group is permanently allocated 5% inflation, they will be highly competitive and can take advantage of viable business to go to the center. The key is to identify good DNA (selected producers) at the beginning. Another powerful example is a set of immutable chain rules and non-political consensus.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

BTC's market capitalization has fallen to a 7-month low. Has the bull market for mainstream currencies come?

Bitcoin is currently adjusting above $ 10,000, but mainstream currencies are still continuing to rise, which has push...

Blockchain

Want to buy Bitcoin? Understand these 4 points first

Summary: If you want to truly benefit from Bitcoin, understanding Bitcoin is key With the arrival of Bitcoin's s...

Blockchain

From "revolution" and "crash" to "sports", the industry has seen the bitcoin magic for half a year.

Without a little precaution, Bitcoin opened the bull market. Since entering May, Bitcoin has continued to break throu...

Blockchain

Opinion: Why won't Bitcoin become digital gold?

Source: Medium Compilation: First Class (First.VIP) Recently, many cryptocurrency companies and crypto believers have...

Blockchain

Optimistic about the potential of the bitcoin market, CME application will double the monthly limit of customer bitcoin futures

According to Coindesk's September 15 report, the Chicago Mercantile Exchange (CME) hopes to keep bitcoin futures...

Blockchain

Pivot ERC20 Altcoin: Most high-yield tokens are concentrated

Two-thirds of the past 2019 has passed, except for Bitcoin, which has experienced a small climax in the middle of the...