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May 17, 2021 94 tweets 48 min read
Why the Vaults.sx hack is the most Bullish thing that’s ever happened to #EOS and crypto.

Prelude:

#EOS gets a lot of flak for it but it’s governance is certainly more transparent and decentralized than most of the top “public” blockchains out there. Every governance process has growing pains yet evidently the more decentralized & transparent a blockchains governance is, the more hated it is.

Most other blockchain’s governance process is centralized & opaque but that doesn’t automatically make them better.