Dustin Gogoll
1 min readJan 28, 2022

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Bitcoin as PoW has a governance mostly done by Protocol Developers and infrastructure, Miners have no power as proven in 2017.

Ethereum, which is the second biggest Blockchain, uses off-chain governance.

Casper, which is the Blockchain build upon Ethereums 2.0 Staking protocol CBC Casper uses a governance based on reputation instead of Token amount or financial flow of any kind.

Solana is probably the closest to your accusations where nodes with the biggest staking value actual take over the governance. So not direkt toen holders have the governance in their hands, but they can influence it by their token amount.

Yet none of the big blockchains can be controlled by buying tokens or hardware, and thats a basic info. It astounishes me how you act like you know anything about these things yet you simply have no clue. You say I am poorly informed? I at least know how the blockchain governance of the major chains works, you on the other hand did not put in a second of reasearch which resuts in your absolute absece of knowlegde on this topic. That is why I won't read any other of your articles, you dont know what you are talking about and therefore probably just produce more poorly wriiten articles with a bunch of false information.

And yes, it angers me that people like you willingly share false information like that. You cannot tel me that you yourself believe that you realy informed yourself about the topic with such obvious and serious lack of knowledge.

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Dustin Gogoll

Frontend Developer | Mentor | New to the tech industry