Emin Gün Sirer, AVALabs CEO, speaks on the recent attempted takeover of the Steem network by Justin Sun of Tron, and its implications for the viability of security models such as delegated proof-of-stake (which Steem uses). Sirer goes into the consensus mechanism that Steem uses, breaking down how its limited number of active governance participants will inherently serve as a permanent drawback, breaking down how consensus is achieved and why it can't scale to include large participant groups. The full interview is available here:
https://lbry.tv/@DigitalCashNetwork:c...
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