RE: The myths of decentralized social media platforms versus the economic realities.

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The myths of decentralized social media platforms versus the economic realities.

in decentralization •  5 years ago  (edited)

DPOS is dangerous to rouge exchange that plans a hostile takeover.

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Hi @cloudspyder, I agree, but do you see any improvement on that? This is not black & white, there could be some kind of a solution, right?

Yes DPOS is vulnerable to exchanges when large amounts of a Token are not powered up, but instead held on exchanges or when the success of a coin attracts exchanges to buy large amounts of the Token. I think it is part of the learning process and evolution process of DPOS projects to learn from these challenges.