The Chinese consortium is not the original sin, perhaps the super node mechanism is doomed to the current centralization.
Editor’s note: This article comes from the strategic cooperation blockchain media “Odaily Planet Daily” (Public ID: o-daily, < a href="https://download.odaily.com/">APP Download)
Author | Aloe Vera Edit | Lu Xiaoming
Products|Odaily Planet Daily (ID: o-daily)
EOS is once again the focus of controversy because of node centralization.
The EOS community has started to “guilty” compared to the original criticism.
On August 22nd, Larry Sanger, chief information officer at Everipedia, the decentralized Wikipedia, said that EOS would abandon the development of DAPP if it was centrally controlled by the Chinese consortium.
This remark has attracted a lot of controversy.
In the Chinese community, Li Xiaolai angered in the telegraph group “Without me, how can I have EOS? I invested in BM five years ago and voted four times in a row, Bethune? Now it is said that the centralization is in the Chinese consortium, as if they (Everipedia) wherever you can build a success.” The HelloEOS promoters also blamed the social platform for Everipedia’s lack of progress in more than a year. The daily trading volume is only a few hundred dollars, but the EOS is controlled by the Chinese team. With a room LV bag, I can’t say “and said that “foreign projects are not as reliable as you think.”
In foreign communities, Everipedia’s remarks have attracted many people’s remarks. Reddit netizens said that the existence of interest and ticket exchange between Chinese nodes is the biggest threat EOS is currently facing.
In response to the growing public opinion campaign, Everipedia President Sam issued a statement clarifying that no one left EOS and no one left Everipedia. Larry Sanger means that the near-geographical jurisdiction of all top block producers is worrying. This is obviously a governance issue, not related to any particular community, especially with China.The family has nothing to do The problem with Larry Sanger’s statement is that the words are not used properly and the timing is not good. Sam also said that everyone at Everipedia is working very hard and has released new software and front ends in the field, such as Prediqt, the forecasting market on the EOS main network.
This war of words ended with Block.one CEO Brendan Blumer (BB) and BM’s “mediation.” BB said that EOS is a community of global tokenizers for democratic governance. The original intention of EOS is to continuously evolve and advance with the user community, regardless of race, nationality and region. BM also responded to “EOS SuperNode Centralization”, saying that China’s nodes are not a single person, nor a single entity. It may be said that all encryption is centralized because they are controlled by humans.
The debate has come to an end, but the challenges of the EOS governance mechanism remain unresolved. Is the centralization of EOS the fault of the Chinese node?
Everipedia’s punch doesn’t seem to hit the door.
Node Centralization and Chinese Consortium
Aside from the right and wrong, Larry Sanger’s “Chinese consortium control” is not without factual support.
One is that domestic nodes do occupy most of the seats in the EOS supernode.
According to the Odaily Planet Daily, in the seats of the top 21 super nodes, there are as many as 17 nodes controlling the Chinese team, and under the blessing of the EOS mines of each node, the minimum threshold of the super nodes is increased. To 189 million votes.
The performance of the domestic node’s assault posture not only made some foreign nodes such as EOS NewYork, EOS Authourity, EOS Cananda, etc., which had been in the early stage of the EOS main online line, successively dropped 21 places; The hope that the alternate node enters the supernode seat is even more awkward.
EOS BeiJing co-founder Sun Yushi once told the Odaily Planet Daily that the decline in node rankings may be relative, and the total voter turnout is growing.
Secondly, due to the rule setting of one vote and 30 votes, there is no shortage of a consortium to control multiple super nodes.
Firecoin is one of the first “Chinese consortiums” to be exposed. In August 2018, EOSONE exposed the use of strong money, strongcapkey, greencapital, cochainworld, eoschaintech, eossixparkbp, eosorangeeos, voldemorteos, 7 spare nodes, monthly entry at least 170In the EOS circle, the Excel data table of the “Fire Coin Pool Node Account Data 20180911” was circulated in the EOS circle, which confirmed some facts of exchange of votes and harvesting interests between nodes.
After a year, the coin is still considered by the outside world to be the largest consortium in the EOS ecosystem. According to the block rhythm, an EOS enthusiast said at the beginning of this year that at least 6 of the top 21 EOS nodes were voted for by the Fire Coin. Now, in the top 21 nodes, there are still nodes supported by the Firecoin Pool, they will share the proceeds with the Firecoin, and they will enjoy the reward without contributing to the EOS network.
The OK Capital, which recently jumped to the top of the EOS node, was placed in the hope of competing with the Firecoin consortium. On August 14th, OK Pool launched the “Hero Pursuit” campaign to vote for those who contributed to the EOS network. The total number of votes is expected to reach 115 million votes, all for those contributing to the EOS network.
EOS of Chinese Gene
Reviewing the history of public chain development, EOS is indeed a special model. The founding team is purely overseas, but its rise is inseparable from the blessing of Chinese investors.
Li Xiaolai’s sentence “Without me, there is EOS”, there is nothing wrong with it.
Without him, there may not be EOS today; without the enthusiasm of Chinese investors, EOS will not have such a large community and market value.
The story begins with EOS’s ICO. At that time, BM, after giving up its second blockchain startup, Bitshares, established a company called Block.One with a partner called Brendan Blumer. And intends to create a world-class EOS with a standard ETH.
Invested in BitShare Angel Wheel’s investor Li Xiaolai, who also participated in BM’s EOS. According to Caixin’s report, Li Xiaolai holds a 7% stake in Block.One and holds a 5% stake in EOS.
After that, EOS received $185 million in financing during the five-day ICO period, with a market capitalization of nearly $5 billion, a sensation. This achievement is inseparable from the halo effect of BM, and it is also inseparable from the Chinese funds brought by Li Xiaolai’s “great flow” endorsement.
In March 2018, BM announced that EOS holders voted for 21 EOS super nodes. Super node campaign, this almost covers the EOS all the wind and rain mechanism, the Chinese node has undoubtedly brushed up a sense of existence.
In the early days of the node campaign, the EOS announced in the EOSGo community on March 22nd