The centralization of EOS has once more emerged as a contentious challenge throughout the cryptocurrency neighborhood, with the agency that created the EOSIO software program, Block.One, participating in electoral procedures to decide on the Block Producers for the EOS blockchain.
On Nov. 28, EOS Block Producer EOS New York tweeted screenshots of Whois search outcomes that recommend that six of EOS’s 21 Block Producers are managed by only a single entity, intensifying criticism of the community’s centralization.
EOS’s blockchain is secured utilizing a delegated proof-of-stake mannequin, with 21 Block Producers elected to function EOS token holders to solely function the community’s nodes. In accordance with Block.One, EOS’s mannequin affords enhancements over proof-of-work programs, facilitating “the best efficiency output with minimal vitality necessities.”
As the upkeep and verification of EOS’s blockchain requires the coordination of a small community of nodes, Block.One claims that the community can produce…