"No One Should Have That Power" - EOS Users Furious After Block-Producers Freeze Funds
After the public learned of the account freezings, crypto enthusiast Nick Szabo referred to the EOS constitution as “socially unscalable and a security hole:”
In EOS a few complete strangers can freeze what users thought was their money. Under the EOS protocol you must trust a "constitutional" organization comprised of people you will likely never get to know. The EOS "constitution" is socially unscalable and a security hole.
https://t.co/WusEqBMGBp— Nick Szabo⚡️ (@NickSzabo4) June 19, 2018
The fact that a decision could be made by a small number of players on a conference call has led to several crypto influencers on Twitter bringing up questions about EOS’s decentralized format.
https://prototoken.io/blog/?r=22&category=applications&aritcle=EOS+DPoS+Gives+Control+of+their+Network+to+the+Few
