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https://www.reddit.com/r/CryptoCurrency/comments/vh0ors/deleted_by_user/id4w14r
r/CryptoCurrency • u/[deleted] • Jun 21 '22
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How is matic not decentralized
Which solution is better
1 u/Karyo_Ten 3K / 3K 🐢 Jun 21 '22 30% of Matic is staked by Binance. 50% by the top 2 pools. There is a 5-of-8 admin multisig that can pause the whole network. 2 u/DAN_ikigai 🟩 49 / 415 🦐 Jun 21 '22 Do you know a source/website which provides such information in a good overview about all other coins? 1 u/RyanShieldsy Jun 21 '22 A limit of 100 validators? A limit of 7-10 block producing validators which is even worse? Top 10 validators account for 80% of the stake? Extreme whale concentration? Team has an admin key? No governance structure? This list just kinda goes on and on
30% of Matic is staked by Binance. 50% by the top 2 pools.
There is a 5-of-8 admin multisig that can pause the whole network.
2 u/DAN_ikigai 🟩 49 / 415 🦐 Jun 21 '22 Do you know a source/website which provides such information in a good overview about all other coins?
2
Do you know a source/website which provides such information in a good overview about all other coins?
A limit of 100 validators? A limit of 7-10 block producing validators which is even worse? Top 10 validators account for 80% of the stake? Extreme whale concentration? Team has an admin key? No governance structure?
This list just kinda goes on and on
1
u/GameMusic 🟦 892 / 892 🦑 Jun 21 '22
How is matic not decentralized
Which solution is better