Among all the EOS block miners, there are two very powerful players in the crypto cryptocurrency - Bitfinex and Bitmain, whose daily combined revenue is only about $ 16,000 on EOS blocks.
Launched recently and not without problems, the EOS blockchain continues to evolve. But the crypto community, for the most part, is inclined to believe that the development of EOS is moving towards centralization, which completely does not correspond to the initial development rate.
Owners of EOS tokens, when voting for block miners, voted for such big players as Bitfinex and Bitmain. Because of this, there is a danger of complete control by these giants.
Bitmain represents EOS AntPool, which is engaged in the mining of EOS and is included in one large mining pool AntPool. The miners of this pool got the right to vote, and now they are among the 21 participants who will mine the EOS. According to the statistics provided, currently, EOS AntPool accounts receive 845 daily EOS tokens mined, which, according to the current exchange rate, are about $ 7,000.
The leading position in the list of EOS miners is the "daughter" of another Bitfinex giant, called Bitfinex EOS1, with a daily amount of 1020 tokens. This is about $ 9,000 every day.
Now it is very difficult to determine how much this distribution of mining capacities will affect the EOS network, but such a degree of control already causes certain concerns today.
Earlier it was reported that EOS assigned a category B in the Weiss rating.
Posted from my blog with SteemPress : https://coinatory.com/2018/07/10/eos-centralize-everything/
I sold all my Eos and bought Neo...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Stellar and Ethereum seems to be better choice.
NEO seems to be a giant on clay legs, considering current regulations in China
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I do alt coins so all in either Ethereum or the alt coin; but I also have lots of Stellar that I want to sell when it goes up to buy more Neo; but now that you mention clay legs maybe I should sell Neo if it ever goes right back up and buy something else. I China does not re-start crypto there then I think they will lose big time because all the western countries are embracing it...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
China changed almost nothing for almost a year. And NEO is ruled by the chinese company, so, currently, it doesn't seem to have any future
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I guess you live and learn; but didn't Neo go up really high a few months ago?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
it did. Giving advice on cryptos is not what we do anyway. We just write news
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you might want to consider this information about China
https://steemit.com/ban/@coinatory/thepeoplesbankofchinadeclaredwaronforeignico-6pll6ash8i
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by coinatory from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit