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Fibo Quantum

Shi Feifei, a Huobi employee, has leaked an Excel spreadsheet naming “Huobi Pool Node Account Data 20180911”.  

The information sheet contains four tables, namely, “node mutual voting table,” “control node voting situation,” “node income statement,” “ticket position and account situation.” These are particular information sheets that uncover the insider of the shared voting between the fire coins and different hubs entirely and control the income of other hubs.

The document indicates Huobi votes f0r 20 Block Producers (miners) in EOS with 16 of them voting in favor of Huobi consequently.

The above table is the data of the mutual investment of September 4, 2018, to September 10, 2018.

1) The five nodes of the eoshobipool, cryptokylini, eosiosg11111, cochainworld, and eospaceioeos which were controlled by Firecoin, the fire coins will vote in favor of the rest of the 20 nodes. Of the 20 nodes, 16 hubs and Firecoin responded, and the rest of the 4 nodes eosgenblockp, eosbeijingbp, eoseouldotio, eospacificbp, and eoslaomaocom were not voted back.

2) Fire coins add votes to starteosiobp, eosflytomars, eoscannonchn and different hubs. These hubs also increase the quantity of votes on the fire coins. We can say that the payment of the fire coins has been “returned.”

3) atticlabeosb is the only hub that voted in favor of the fire coin, yet did not recover the fire coin.

An analysis of the record additionally indicates Huobi was already supporting seven reserves BPs which have “no open hubs, no site, no possession data, no hub communication, and so on.”

They’ve anyway swung to supporting “normal” BPs in the course of action with some of them whereby Huobi gets a portion of the returns.

The record asserts Huobi votes in favor of eosiosg11111 in return for 170 EOS, for cochainworld as an end-result of 150 EOS and eospaceioeos for half of the returns.

These game plans win Huobi 1,116 EOS for every day, at present worth about $6,000 per day. Also, Huboi is a block maker itself which procures them a considerable amount more.

Proprietorship in EOS is profoundly focused, with only 10 addresses holding somewhere in the range of half of all tokens. Exchanges tend to rule for obvious reasons; however, in another open blockchain, they have nothing to do with protocol principles and take no immediate part in approval.

However, in EOS, it shows exchanges successfully control the system with this exceptionally centralized blockchain having only 21 validators. Some of which are controlled by only one element with Huobi that supposedly ready to go about like a king producer.

That is because EOS is fundamentally imperfect and its defect has been demonstrated. The outline is like Dan Larimer’s past venture, BitShares, which he said that it had failed in the voting perspective.

EOS successfully raised $4 billion up in a year-long ICO for this clone of Bitshares, with the task presently crumbling into a centralized colluding cartel which requires a lot of trust by holders and decentralized apps that their assets won’t be seized.

You can also read the tweets about the issue on ThreadReaderApp.