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If YOU can't run a consensus node... why are you promoting it? Seriously...

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by COINS NEWS 99 Views

I see people constantly promoting coins, even tho they cannot possibly run a consensus node on that same network.

For example, Binance's BNB, Ripple's XRP, Stellar's XLM, & Hedera's Hashgraph (HBAR) are the biggest ones that come to mind.

There are other less frequently mentioned chains, such as: Hyperledger Fabric (HLF), Corda (XDC), Quorum (QTUM), Multichain (MCC), IBM Blockchain Platform, Digital Asset (DAML), Chain (CHC), and Dragonchain (DRGN).

Not to mention, almost all the oft mentioned stablecoins also require centralized consensus nodes that you'll NEVER have the ability to run on your own, which includes Tether (USDT), Circle (USDC), Binance (BUSD), and even the lesser mentioned Paxos Standard (PAX) and JPM Coin.

I'm just wondering, tho... why in the world would someone who is NOT employed by these companies promote these coins, when they can't possibly run a consensus node on those networks? Seems like promoting China Net, when everybody else is running THE Internet that's free and open for use by all people. Why would someone promote a monetary network that's so easy to censor and manipulate??

submitted by /u/grndslm
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