Blockchain : Why is Tezos foundation interested not to fix ‘lost password’ issue?
I wonder if TF and DLS are interested in not helping people to recover their password.
Why I think so?
1. With less number of active token-holders they can take a full control over the network. With their current staking balance of 152.8M XTZ total, they are quite close to the goal.
[http://tzscan.io/tz3RDC3Jdn4j15J7bBHZd29EUee9gVB1CxD9](https://i.redd.it/b8x03in9zhd11.png)
[http://tzscan.io/tz3bvNMQ95vfAYtG8193ymshqjSvmxiCUuR5](https://i.redd.it/2twvsho9zhd11.png)
[http://tzscan.io/tz3bTdwZinP8U1JmSweNzVKhmwafqWmFWRfk](https://i.redd.it/bjq3yin9zhd11.png)
[http://tzscan.io/tz3NExpXn9aPNZPorRE4SdjJ2RGrfbJgMAaV](https://i.redd.it/hcewiln9zhd11.png)
[http://tzscan.io/tz3UoffC7FG7zfpmvmjUmUeAaHvzdcUvAj6r](https://i.redd.it/bgthvnn9zhd11.png)
[http://tzscan.io/tz3WMqdzXqRWXwyvj5Hp2H7QEepaUuS7vd9K](https://i.redd.it/eh6cvqn9zhd11.png)
[http://tzscan.io/tz3VEZ4k6a4Wx42iyev6i2aVAptTRLEAivNN](https://i.redd.it/idb47pn9zhd11.png)
[http://tzscan.io/tz3RB4aoyjov4KEVRbuhvQ1CKJgBJMWhaeB8](https://i.redd.it/e7x1gln9zhd11.png)
2. Price manipulation – if tokens’ majority is collected in one’s hands this person can dump the price to be able to buy even more tokens on exchanges, obtaining more and more control over the network.
Honestly, I believe, that it’s not yet another conspiracy theory and Tezos’ developers wish only best to their product and community. But no one can give us any guarantees of that, except TS and DLT by themselves, and can we trust them though?
And what do you think about it?
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
Author: XanderMoro
Score: 2
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