RE: NEO is centralized

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NEO is centralized

in neo •  7 years ago 

It certainly is more centralized by nature of proof of stake. That is also the reason it can process 10,000 transaction a second and far less energy needed then Proof of Work protocol. The Neo block chain is designed with enough compliance to be government and business friendly. More programming languages are supported so it will attract a wider demographic of programmers and end users. It will be the dominate platform in my opinion for business performed out in the light of day so to speak. There are places in the crypto universe better suited for privacy so just utilize whatever platform suits your needs. Ultimately I feel the book keepers should be randomly selected from the qualified pool using transparent algorithm that takes logistics and other basic criteria.

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