https://twitter.com/synergysponsor/status/1176030789495975936
- synergysponsor
https://twitter.com/synergysponsor/status/1176030789495975936
- synergysponsor
https://resources.telosfoundation.io/telos_white_paper_7_17.pdf
The Telos Blockchain
Telos forks EOSIO code into a new blockchain and updates the following elements:
• Remove the extreme economic power of a small number of “whales” by capping the value of
every address in the genesis snapshot at 40,000 Telos (TLOS) tokens.
o Eliminates whales’ control of block producer selection and token holder voting.
o Exchanges will be given a process for petitioning to have TLOS tokens be created for their
EOS owners at the time of the snapshot, provided that they agree to list TLOS and
distribute tokens, capped at 40,000 per account holder.
Reminds me of the palnet white paper which sought to redistribute steem to make the new chain more productive and these sorts of forks are great and do NOT dedirect wealth just redistribute NEW wealth.... Just like anyone could create a fork of Bitcoin and take out satoshis stake.... also Golos Classic did this for golos and got rid of cyberfund lol We dont have to do this for steemit inc but its always an option while they arent paying attention to the witnesses :D
Anyway I have a much better plan to sunset steemit.com but keep steemit as a steem foundation, redirect all traffic to