Community post
NEO Decentralized
I was keeping up with the DEVCON today and it was pointed out that when NEO gets 22 nodes it will be more decentralized than BTC and ETH because the mining power is so centralized. Look at his post from DEVCON
"Bitcoin and Ethereum mining is very centralized, the top 4 BTC miners and Top 3 ETH miners control more than 50% of the hash rate.
The entire blockchain for both systems is determined by 20 miners.
When NEO is operating at 22 nodes, NEO will be more decentralized than Bitcoin and Ethereum."
Read it and weep Haters!
Replies (3)
I didn't knew that , that's interesting . So Neo can reach Eth's valuation , that would be 10x from here .
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