#NEO gave an update to the decentralization process today. The long awaited process of making NEO politically decentralized (it is geographically decentralized already) will finally speed up in the next months.
If you missed the blog post, here is the link neo.org/blog/details/4…
But what does that mean for #NEO?
First, NEO isn't the average PoW- or PoS-blockchain, NEO utilizes dBFT consensus which comes with several advantages but also some downsides. You can read about it here:
One significant downside to this model is that you have to trust most (66%) of the consensus nodes to not be bad players (its nearly the same for PoW and PoS, isn't it?)
Consensus nodes aren't competing for consensus, they're cooperating. This leads to one significant advantage: