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Vitalik says he has “some respect” for the way EOS deals with governance

May 16, 2020

In a recent series of tweets, the co-founder of Ethereum, Vitalik Buterin showed his approval for the competitive EOS blockchain in terms of the niche they are trying to forge.

“If I designed a new chain for coexistence with Bitcoin and Ethereum, would make all the political compromises that BTC and ETH don’t want to make “Buterin said in a Tweet May 15 with reference to Bitcoin and Ethereum.

Vitalik pointed out the interesting aspects of EOS

Cointelegraph-listed as 5th most influential person in cryptocurrency and blockchainButerin has a significant weight in the industry.

Vitalik says he has “some respect” for the way EOS deals with governance
Vitalik says he has “some respect” for the way EOS deals with governance

Buterin referred to chain governance based on quadratic voting and all integrated crypto-procedures to balance interests. It also contained chain oracles for all events and not the simple price movements when retransmitted.

The use of identity in the blockchain also became clear

Buterin also mentioned the possibility of adding some kind of identification in the network. “”Maybe even a chain identity modelAt least for those who want to participate in governance (non-state actors would remain completely anonymous), “he said, although he described the construction of the feature as” smarter “than other current platforms.

“So I have some respect for EOS and the company,” said Buterin in conclusion. “”I disagree with DPoS, but at least they try to develop a coherent and principled alternative niche“he added, referring to the delegated test blockchain framework.

Cointelegraph contacted Buterin for further details, but received no response at the time of printing. This article will be updated accordingly if a response is received.

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