RE: Navigating this Steem situation

avatar

You are viewing a single comment's thread:

Dear @culgin

Thanks for sharing your thoughts on current situation.

made me a better writer, communicator and thinker (at least that is what I hope)

We clearly share similar "thinking process" :P

For the Steem OG and most of the witnesses, they are folks who do not bow down to centralized power.

What is steem OG?

One thing that surprise me is the fact, that so many users are mentioning centralization/decentralization of steem blockchain. Previously to current situation this place wasn't decentralized at all. It was more like a democratic country, where almost all 20 major politicians know each other and collaborate and are part of one party. Only now we finally are witnessing some sort of decentralization. Wouldn't you agree?

Furthermore, Binance, Poloniex and Huobi, ironically, just participated in the biggest #SPUD by powering up huge amount of STEEM, which further reduces near-term circulating supply.

So to wrap it up:some low blows coming from both sides has been exchanged. Some people think that soft fork was unnecessary provokation, most seem to believe that it was necessary and justified. Either way - soft fork and justin reaction escalated this conflict.

Right now it's hard to imagine that those 2 parties could get along. Level of hostility and narrative "us versus him" is just to strong. Even if witnesses (with their support) would "destroy and teach" Justin a lesson - where will it all take us?

From business point of view, I cannot imagine any project being succesful if establish community is fighting with major investor. It's hard not to think that things will only get so much worse.

Yours, Piotr



0
0
0.000
1 comments
avatar

What is steem OG?

OG is a slang, it means original gangster. It basically represent the people who have been on Steem right from the start.

One thing that surprise me is the fact, that so many users are mentioning centralization/decentralization of steem blockchain. Previously to current situation this place wasn't decentralized at all. It was more like a democratic country, where almost all 20 major politicians know each other and collaborate and are part of one party. Only now we finally are witnessing some sort of decentralization. Wouldn't you agree?

There are varying degrees of decentralization. Pure PoS > DPoS > Central control. Because of Tron's move, we shifted from DPoS to central control. Now with the rally on the community we shifted back to DPoS but there are quite a number of witnesses that are still controlled by one entity, Tron. So in a way, we took a step back in terms of decentralization.

Uncertainty is definitely not going to do us good. However, this fiasco also kind of brought more attention to Steem. The crypto space is watching now, and a lot of lessons can be learnt for DPoS chains from this incident.

0
0
0.000