EOS Centralization Reportedly in Action: Arbitrators Able to Reverse Transactions27.36

A screenshot circulating on social media has revealed a decentralized blockchain protocol EOS practicing authority over its network.

AUTI9003, a pseudonym on Reddit, posted a photograph which demonstrated arbitrators on the EOS network in action, reversing confirmed transactions. A so-called judge referred verses from the EOS blockchain’s constitution to resolve a dispute between two account holders. The claimant accused an unidentified individual of possessing private keys to its EOS account via a phishing attempt. The user reached out to the EOS with his/her complaint and the network chose one Ben Gates as an arbitrator to resolve it, under the management of another individual called Moti Tabulo.

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