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RE: Vena Network has begun the creation of a decentralized financial ecosystem.

in #bitcoin6 years ago

So, I didn't dive into the nodes much but I'll elaborate now.

The development and ops will go well with the team because they are experienced. That's pretty typical with any ICO. However, the nodes are typically unfamiliar with the tech or ops and sign up for the node rewards.

Not this time.

When Vena Network does slowly decentralize, its nodes would have to be vetted as they'd have to provide proof of knowledge of the financial market, mainly credit.

It's not a dPoS as anyone can be a node, but he/she/they must provide proof they can handle it by conveying possession of the knowledge.

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I was imagining the first scenario. But now I got the strategy through your words.
Good to know and good luck.

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