Colin Talks Crypto 🪙 Profile picture
Sep 13, 2020 5 tweets 2 min read Read on X
The subject of "1T1V" on #EOS, clearly answered by Dan Larimer.



Timestamp 2:22:30-2:24:44 (last 5 minutes of video)

Take-aways:

• Dan re-confirms that he does want 1T1V.
• B1 has already implemented the code that makes it an easily adjustable parameter (to change how many votes there will be per token).
• He says definitively 1T1V will go a long way to keeping things DECENTRALIZED. Note that this is opposite of what a few BPs say who sometimes try to talk it down (the ones who likely benefit from 1T30V). He says 1T1V will also reduce b1's influence on the network.
• The roll-out plan: Dan says we're going to see the staking pool idea implemented first, and then will come a gradual reduction in the number of votes per token. B1 will incentivize this by voting for those BPs who are on-board with this change.

So it's in the pipe-line, guys!
Also released this as a @VoiceHQ post:

app.voice.com/post/@colintal…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Colin Talks Crypto 🪙

Colin Talks Crypto 🪙 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ColinTCrypto

Nov 22, 2022
Super unpopular opinion:

The Bilderberg Group, the Federal Reserve central bank and Mastercard compromised #BTC

Bitcoin Maxis will become livid defending this and claim they are lies, yet it's public knowledge available to all. twitter.com/i/web/status/1… Image
A lot of effort was made to re-write bitcoin's history and cover this up via censorship on discussion forums at the time.

But the truth remains the truth and nothing can change that.

There are many of us out there who know what happened because we lived through it.

2/x
It's ironic that BTC maxis claim "ETH is fiat 2.0" when BTC development itself has been directed by banks.

3/x
Read 4 tweets
May 1, 2022
My friend came up with this very interesting question for @stablekwon and TFL (TerraFormLabs) regarding #Terra $LUNA sold privately to investors. I said I didn’t know and I’d ask.

👇👇 Start of thread🧵 👇👇

1/12
I apologize for the rant but here we go: Anchor is the heart of LUNA— not some secondary promotional feature or perk. The majority of UST exists to gain Anchor yield. It makes LUNA scarce whereby it wouldn't be otherwise.

2/12
You do have the benefit of marketing the brand and creating new liquidity pools on exchanges but EOS is pretty well known and is on every exchange.

Also, think about where all @anchor_protocol's "magic" yield money came from?

3/12
Read 15 tweets
Apr 16, 2022
Unpopular opinion:

From a technical standpoint, #BCH's CODEBASE is far superior than #BTC's— it’s just that it lost the ticker symbol & thus had to start over with network effect.

👇👇 thread 🧵👇👇
If #BTC had #BCH’s code, it would have stopped the need for many altcoins that blossomed in 2017/2018 due to BTC’s congestion.

BCH would run the Lightning Network far better than BTC ever could because LN runs *better* with non-full blocks.

2/
And there are much better solutions than Segwit. It’s really a bad solution for the problems it tries to “solve”.

Maxis claim destroying 0-conf was a feature. This was a lie to force adoption of layer 2 scaling while stunting layer 1 scaling.

3/
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(