Wow 2% of the ETH voted and that is supposed to be mandate 
Even if 100% had voted, my reaction would remain as follows...
Long live fiat! Hurray!
This is absolutely momentous day for it validates everything I am have been working on1.
Utilizing the blockchain, a transparent and non-gameable voting method shows that out of more than 1.5 million eth, 97%, valued currently at $15 million, are in favor of the fork, with only just above 40,000 eth against.
Even if 100% had voted, my reaction would remain as follows...
Long live fiat! Hurray!
This is absolutely momentous day for it validates everything I am have been working on1.
Also PoS (including DPoS) is basically a permissioned, centralized system, because the whales will control it.
If we just wanted a centralized, persmissioned system, then we don't need block chains. We could do that more efficiently. We have it already, it is named Paypal.
The only way you scale this globally, is if nobody owns it. This is why Paypal can't disrupt the existing financial structure of the world. Too many vested interests fighting turf battles.
If we just wanted a centralized, persmissioned system, then we don't need block chains. We could do that more efficiently. We have it already, it is named Paypal.
The only way you scale this globally, is if nobody owns it. This is why Paypal can't disrupt the existing financial structure of the world. Too many vested interests fighting turf battles.
| 1 | https://bitcointalk.org/index.php?topic=1319681.msg15137236#msg15137236 https://bitcointalk.org/index.php?topic=1413819.msg15507348#msg15507348 |