Are DPoS Blockchains Like EOS And STEEM Subject To Centralization And Takeovers? Weiss Ratings Weighs In

Blockchains using delegated proof-of-stake (DPoS) like EOS have always been criticized for centralization. The centralization concerns intensified after Tron’s Justin Sun purchased the Steemit platform. Mid-February, former CEO Ned Scott announced that he had officially sold Steemit to Sun. The acquisition agitated members of the Steemit community who then attempted to initiate a reversible soft...

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