Research: EOS is not a blockchain, it’s a glorified cloud computing service

eos
cloudcomputing
whiteblock

#21

Alright, then let’s do the following. :slight_smile:

My argument is that EOS is centralized (21 block producers control the entire network) and lacks immutability (block producers have the ability to reverse, freeze, or deactivate accounts).

You say that it’s not centralized and that every blockchain does that. Any chance you can give us some examples?


#22


#23


#24

You say that it’s not centralized and that every blockchain does that. Any chance you can give us some examples?

Yes. No blockchain has entities having a max of ~ 4.7% power therefore 21 is enough block producers - what matters is coin distribution. Your very own cardano is a prime example of that with a small amount of accounts essentially having the power to control the blockchain due to their coin holdings.

lacks immutability (block producers have the ability to reverse, freeze, or deactivate accounts).

any blockchain. literally pick anyone on coinmarketcap

(hopefully not wrong on this lmao)


#25

what? any blockchain has what? A key aspect of a blockchain is it is censorship proof, immutable, and irreversible. Research why ETH forked resulting in ETH & ETC. ETC has a blockchain. EOS is a database controlled by 21 entities which easily could be 6 or 8 people. (Not a fan of Cardano either) To each their own, though, people like what they like, I like Bcash, for usability and vision, up almost 30% in the last 7 days, also like Pundi X, and VeChain but it is the fundamentals of what a blockchain IS that is the issue and the ability to alter history and not being cryptographic-ally verified by definition isn’t a blockchain according to ConsenSys.


#26

blockchains are reversible if someone has enough power over it. This is not just an EOS thing - this is for every blockchain.

EOS is a database controlled by 21 entities which easily could be 6 or 8 people’

Bitcoin could be controlled by 1-2 people, so could ethereum, so could cardano, I don’t understand why you don’t realize it and why people only think this is a problem on eos.


#27

No, not true. Tens of thousands of bitcoin full nodes make alterations impossible.


Bitcoin is ultimate privatization, because everyone’s in charge of themselves. And privatization does solve everything. Just because everyone uses the same protocol doesn’t mean nobody’s in charge. It’s like saying “A disadvantage of the english language is that nobody is in charge. If you said ‘red’ but meant blue, there’s nobody to complain to!”. But you can use whatever language you want, just don’t expect others to understand you.

#28

No, not true. Tens of thousands of bitcoin full nodes make alterations impossible.

Anyone making an alternate chain with extra transactions, mining it harder than the main chain should be adopted. If alterations were impossible then exchanges would only require 1 confirmation on every PoW blockchain right?


#29

I’m not a teacher for this exact reason. I can argue both sides of any issue, and I could argue your side better than you are. I fully understand your point, but disagree with many aspects of it. Agree to disagree seems the only option from here, because I’m done.


#30

if you’re just gonna agree to disagree then don’t start the convo in the first place :tired_face:


#31

You seem incapable of comprehending the core fundamentals of the difference between a database and a blockchain, you think you know more than whiteblocks BTaaS algorithm.
here is the article again…
READ IT SLOWLY

PRAGUE, Nov. 1, 2018 /PRNewswire/ – –DevCon– Whiteblock Inc., the world’s first blockchain testing company, announced today that they have completed the first independent benchmark testing of the EOS software. The EOS test results indicate dramatically lower transaction throughput than previously advertised when benchmarked under realistic network conditions.

The benchmark testing project was publicly requested by a collection of companies using the Bounties Network, a platform that empowers individuals and groups to self-organize and fund actions of communal interest. Led by Brent Xu, ConsenSys Project Lead, this study was a follow up to the Blockchain vs DLT series on further understanding interrelated dynamics between systems.

Blockchain organizations such as Cosmos, Ethereum Community Fund, Amis, Maker DAO, IMToken, PlatON, Status, Loom Network, Coinfund, 1KX, Transference Fund, Web 3 Foundation, Grid+, MixLabs, Ledger Capital, Enterprise Ethereum Alliance, Google, Microsoft, ConsenSys and Bo Shen - Founding Partner of Fenbushi Capital & Cofounder of Bitshares, along with academic institutions such as Duke, USC, and MIT have committed to contributing resources to develop comprehensive reports based on Whiteblock’s raw data.

Many blockchain companies make claims on scalability and transactions per second without independently verifying these metrics, influencing dApp developers, enterprises, and governments that are exploring blockchain solutions without proper understanding of the technology. In a world of whitepapers and marketing lingo, Whiteblock provides an independent, objective method of validating performance claims. Adequate pre-deployment testing helps development teams avoid network failures like those resulting from the CryptoKitties incident of 2017. It’s critical that development teams have the ability to anticipate performance under suboptimal conditions when failure to deliver could significantly diminish credibility and investor confidence.

Whiteblock was chosen after successfully creating a replica of the EOS network that could be used to test the network’s ability to withstand certain stress conditions and various faults that would be typical in a production environment. Whiteblock created a network to evaluate the following metrics:

  • Transactional throughput
  • Resilience to adverse network conditions
  • The effects of variable transactions rates and sizes
  • Average time to finality for a transaction
  • Fault tolerance
  • Partition tolerance

This is the first analysis of its kind and a project that will establish metrics for benchmarking base layer blockchain protocols.

Whiteblock launched the test project in September 2018, and after two months of testing the EOS network under a variety of environments, the group will share the raw data for the research groups to evaluate and interpret conclusions about the state of the network.

Based on initial interpretations of the resulting data, network emulation testing, and source code, the investigation has come to several conclusions about the EOS software:

  • EOS is not a blockchain, rather a distributed homogeneous database management system, a clear distinction in that their transactions are not cryptographically validated.
  • EOS token and RAM market is essentially a cloud service where the network provides promises for computational resources in a blackbox for users to access via credits. There is no mechanism for accountability due to the lack of transparency on what Block producers are able to create in terms of computational power.
  • EOS throughput is significantly lower than EOS initially claimed in marketing materials.
  • EOS suffers from consensus failures and lacks Byzantine Fault Tolerance.

The research results prove the inaccuracies in performance claims and concluded that the foundation of the EOS system is built on a flawed model that is not truly decentralized. After years of momentous development and promise in the blockchain ecosystem, Whiteblock testing, led by Zak Cole CTO, is spearheading accountability, by creating a process for evaluating blockchain protocols in a rigorous test environment.

“Our Whiteblock test framework is blockchain agnostic,” said Neal Roche, Whiteblock CEO. “We’re also running performance tests on other leading blockchains. Whiteblock’s established testing methodology and tooling has been proven to accurately test complex networks at scale. With Whiteblock, customers can easily validate performance, conduct due diligence, or run competitive benchmarks for a number of technologies and systems.”

Whiteblock will livestream the EOS benchmark tests in November (RSVP here to get an invitation to the livestream).

About Whiteblock
Whiteblock Inc. provides the world’s first scalable test system for blockchain and enterprise DLT developers. Whiteblock’s Blockchain Testing as a Service (BTaaS) measures and validates key performance benchmarks, such as transactions per second and consensus over a variety of networks. Developers can automate transactions, test fault tolerance, dynamically add or remove nodes, and quickly provision a private testnet that simulates a live and dynamic global blockchain network. Read more about blockchain performance testing by visiting the Whiteblock website at www.whiteblock.io.

About Bounties Network
The Bounties Network empowers humans to incentivize and self-organize, from freelancing to grassroots social action, and anything in between. The Bounties Explorer provides access to a global market of projects and talent. Easily create and fulfill tasks, and transact in any token on Ethereum with automated payments.

SOURCE Whiteblock Inc.


#32

Some people say that Blockchain sounds like a prison… How would you explain that? Isn’t it the best example of multi meaning phenomenon? However, I would actually look for a different name for something that much sophisticated in terms of cultural and technological transformative effects. This article gives a chance to do a little cultural rebrand. If EOS is not a blockchain then what it is? I wouldn’t say it is a cloud. I would rather say that it is a Block Field or a Block Block (read: Block Fractal) :smiley:


#33

One is a full blown attack on a network, which is nearly impossible. The other is a feature built right in for the privileged few. How on earth is that even remotely comparable?

Same. Having a productive discussion requires that all parties involved agree on basic fundamentals. It’s nearly impossible for this to be constructive since there’s an inability to agree on such basic concepts (centralization and immutability).


#34

Did you read the article?


#35

Yes - twice - just to make sure I understand.


#36

Here is a free course on databases


#37

Thanks — but I know how it works.


#38

Then why are you initiating conversation out of lack of understanding?


#39

I find their results are a bit weird seeing as how data on the real actual chain contradicts their research with the chain processing around 4000 transactions per second just fine ( this can be verified as it was actually on the eos chain ).

I’m not sure whether you missed this:


#40

Let it be clear for you my dear friend - I understand it very well.