This is an interesting point I have not considered because I am still learning. How would advertising make us lose a lot of the benefits of the blockchain and make it more closed? Closed like how?
You are viewing a single comment's thread from:
This is an interesting point I have not considered because I am still learning. How would advertising make us lose a lot of the benefits of the blockchain and make it more closed? Closed like how?
The blockchain allowed for a trustless environment. If we give that power to the Steemit team then they would have to do it off chain and we'd have to trust them. This is currently how the promoted tab works.
I'd prefer we use the blockchain as much as possible. Taking this off chain allows for abuse.
I think I understand. My brother agrees with you as well btw. So what you are saying, is that, when the Steemit team makes decisions about advertising, it would be done without any connection to the blockchain, and you're saying this is a bad thing? So let me ask you, don't they (the Steemit team) already make decisions off chain? Was every single aspect of this site done through the blockchain? I'm talking about things as mundane as the UX and design of the site itself for example. Second question, is it theoretically possible to make advertising decisions on the blockchain?