RE: Steem is mentioned in a research paper titled "An Equilibrium Valuation of Bitcoin and Decentralized Network Assets"

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Steem is mentioned in a research paper titled "An Equilibrium Valuation of Bitcoin and Decentralized Network Assets"

in steem •  7 years ago 

Shrinking the number of nodes down to 20 or so for speed comes at the cost of security. Witnesses can collude or even be bribed with relative ease. It’s still not tested in a high-cap setting. But if the world starts shifting into multitudes of dpos chains, then I think each chain should be secure enough but probably not be entrusted with funds in the order of trillions. Tens or hundreds of billions maybe...

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Comment plagiarized from @etherpunk in this thread.