Dec 9, 2017 03:13 AM
(This post was last modified: Dec 9, 2017 03:15 AM by Darkystar.)
Quote:Coopetition is the logic behind industrial open source and several energy industry consortiums. It is a setup where businesses who would otherwise be competitors cooperate in a shared project. Through such cooperation, they can develop platforms and technologies that radically change how services are delivered, increasing the total market reach significantly.
In line with these ideas, NEO will begin its decentralization by allowing well known commercial projects and communities to run consensus nodes, forming an initial confederation of actors with a strong interest in guaranteeing the security and success of the network. While it might seem counterintuitive, this architecture will be less centralized than many other networks today. Through coopetition, we can ensure that all players are equal in the network by design. Their power won’t depend on how much money they have, or how cheap their electricity may be.
All nominees for consensus nodes will go through a rigorous identification process before being voted in on MainNet. This process includes providing identification that can hold the owners of the consensus node host legally liable. Each node requires exactly two managing legal entities (individuals or institutions) that will be responsible for their maintenance and patching. There will also be a requirement to provide contact availability to ensure that time-critical events can be handled if they arise.
What do you think of this? Neo was always criticised for being centralised but this might be game changer.
https://medium.com/proof-of-working/dece...10d7ce3b9d


