Page 43 - Understanding EOS TojuKaka FlipBook
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token with 1 unit of voting right. This effectively
means that the people who hold a larger amount of
tokens can exert more influence in the network. They
can vote in their preferred block producers.
This is not a bad thing. It is assumed that the people
who have more stake in the network would have
more incentive and motive to ensure that the block
producers voted in are competent. This is a sort of
mixture of plutocracy and representative democracy.
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