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RE: Why Hive - Decentralized Governance

in #hive2 years ago

Hive governance is leading the way. The decentralization is evident by the coin distribution. Using Delegated Proof-of-Stake as the consensus mechanism means that we see a system of block production that is spread out. No one witness is producing an overwhelming amount of blocks. In fact it is under 5%.

All of this leads to the idea of whatever is built on the layer 2 can be a powerful force within cryptocurrency. While Ethereum and other blockchains might be of interest to Wall Street, we see Hive existing for the average person.