//6 of 12 top coins are officially centralized
NewsMarch 4, 2018

6 of 12 top coins are officially centralized

I won’t get love for this one… but anyway!Out of the top twelve coins by market cap, six are ran 100% centrally by the founding organizations:3) Ripple (Ripple company decides who is the validator – the so called UNL)6) NEO (7 trusted nodes controlled by a single party)7) Cardano (in the “Bootstrap Era” before target dPoS)8) Stellar (edited: seeking evidence to confirm)11) IOTA (the “Coordinator”)12) NEM (the NIS is not open source)

I won't get love for this one… but anyway!

Out of the top twelve coins by market cap, six are ran 100% centrally by the founding organizations:

3) Ripple (Ripple company decides who is the validator – the so called UNL)

6) NEO (7 trusted nodes controlled by a single party)

7) Cardano (in the "Bootstrap Era" before target dPoS)

8) Stellar (edited: seeking evidence to confirm)

11) IOTA (the "Coordinator")

12) NEM (the NIS is not open source)