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June 23, 2018, 03:46:40 PM |
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The authorities in EOS (ECAF which goes for EOS Core Arbitration Forum) just instructed the block producers to censor transactions from 27 accounts with no reasons given. “The logic and reasoning for this order will be posted at a later date"
So they basically have replaced Ben Bernankle and whoever is running the FED now (I don't even pay attention to that anymore, I think it's Powell now after Yellen left) and they have so called arbitrages calling all the shots. If they don't like a certain transaction they can censor it. Why even bother with adding the cost of keeping a blockchain alive when you are going to do what the legacy system does, which is already all digitalized anyway? This is why I find 99% of altcoins simply dumb, I cannot see a clear point in them, the projects are trying to solve problems which aren't even problems as far as im concerned.
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