$99.65 2.64%
DASH · 17w

This joker is somehow number 1 and his answer here is, well, kinda ridiculous. Still.. point about dash mining stands. Any solutions?

Ah, what a great question, I think this will be my best answer yet.

Decentralization is the most important aspect of a blockchain.

I always knew why certain blockchains were centralized or not, but I never thought of putting it into a simple ranking. I will do this now.

For every person that tells me that XRP is so decentralized, because they read this scam article, The Inherently Decentralized Nature of XRP Ledger | Ripple, I will point them to this article where they can see why XRP is the 4th most centralized blockchain.

Let’s start with the most centralized blockchains and go to the most decentralized blockchains.

C-Tier - Blockchains with absolutely terrible decentralization.

NEO, which is only run by 7 nodes of which 5 are owned by NEO, and it is permissioned and non-trustless Icon, which is run by 6 nodes and it is permissioned and non-trustless WTC, which is run by 6 nodes and it is permissioned and non-trustless EOS, which is run by 21 nodes and is permissioned and non-trustless Tron, originally a PoS blockchain, became the worst version of itself. If they simply stayed a classic PoS where around 100 entities hold 51% of the voting power and would have been happy with 1,500 TPS that a classic PoS blockchain can do, then it would be a top 10 blockchain in terms of decentralization and scalability. However, no they had to make the mistake that all the not so intelligent blockchain leader make. Sacrificing all of their decentralization for some more scalability. Now, Tron is governed by 27 super representatives, which opens a myriad of attack vectors including social engineering, phising, blackmail, coercion and cartel formation, just like in EOS. Also, all super representatives have to identify themselves, this makes it extremely easy to attack them with all the above mentioned attack vectors. Furthermore, more than 51% of the token supply are within 3 entities. The first 3 entities here TRON BlockChain Explorer a...
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