STAR started its official operation, and another huge wave hit the blockchain

The blockchain industry will never lack hype, what it lacks is the landing of application scenarios.

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Since Satoshi Nakamoto initiated Bitcoin in 2008 , the blockchain industry has gone through 12 years. Many earth-shaking changes have taken place over the years, from vision to reality, from POW to POS to DPOS , and many underlying protocols, blockchain operating systems, etc., derived from pure currency.

Changes are happening all the time, but the hype has not changed.

Once upon a time, EOS was also known as the operating system of the blockchain 3.0 era (Editor’s note: Before this, Bitcoin was called the representative of blockchain 1.0 because it was the first blockchain digital currency , and Ethereum was the first The smartcontract virtual machine is known as the representative of Blockchain 2.0 ). But according to the market acceptance of EOS , its hype value is obviously greater than its application value.

Why didn’t EOS take up the important task of blockchain 3.0?

The founder has one reason. The founder BM is indeed a technical genius, but the past projects he developed are still criticized more than halo. He is also the founder of BTS (bits shares) and Steemit, and are not successful in the project is to develop another project began to flee, many have questioned whether encryption monetary investment in BM only one item after another project of ‘ misappropriating ‘ .

Over-centralization is the second. The centralized bargaining chip plus the centralized 21 super node mechanism are two important reasons for its over-centralization. According to EOS Browser, the top 100 EOS holdings account for nearly 50% of the total. Such a concentrated distribution of chips will pose a huge threat to the EOS ecosystem.

STAR (Interstellar) innovative DPOS breaks the deadlock

STAR is a star project from Silicon Valley. According to the white paper, they have made considerable improvements on the basis of EOS DPOS.

1.the decentralization of node power. The node is responsible for the generation of new blocks and requires democratic voting to become a valid block, avoiding the possibility of node centralization.

2. to change the round-sequence block generation to a common block generation to further avoid centralization

3. to use sharding technology to no longer require excessively high node hardware configuration. Lower the threshold and put public opinion first rather than financial resources first.

4. the public chain system focuses on the game sector. In the future, it will focus on the high-performance, non-tamperable, oracle, decentralized bidding and game development of the game. The application is the first,and it will refuse any hot market hype. It can be seen that the founding team Perseverance and determination.

The most important point is the distribution mechanism: Compared with the Dutch auction of EOS, IGO (Initial Game offering) is more fair and may become another outlet after DEFI.

In the era of application as king, abandon the hype of blockchain and see how many surprises STAR will bring us in the future.

reference:

EOSPARK.com

Interstellar whitepaper(i-stellar.io)

*The market is risky, this article does not constitute investment advice

a finance,blockchain & fintech enthusiast,loves to focus on some altcoins and new fintech project.Remember Do Your Own Research.