EOS ‘Reverses’ Previously-Confirmed Transactions as Pundits Decry Centralization

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Blockchain protocol EOS found itself at the center of fresh controversy Nov. 9 after evidence emerged on social media appearing to show a moderator reversing transactions which had already been confirmed.

According to Reddit user u/auti9003, a dispute allegedly involving a phished EOS account was referred to one of the platform’s so-called “arbitrators” who decided to reverse transactions that occurred without the owner’s permission.

This, the Reddit user notes, involved undoing transactions which had already…

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