You are viewing a single comment's thread from:

RE: Could Tyranny Arise In Web 3.0?

in LeoFinance3 years ago

Could Tyranny Arise In Web 3.0?

Interesting question.

If we are in fact deeming Hive as a web3 platform, then it has already had its rise of tyrannical heads throwing their weight around, from what I have witnessed (on both layer 1 and layer 2). DPoS on Hive is highly flawed with the curation/distribution models present (my two cents). There are clearcut examples of tyrannical behaviour and it's hard to believe that no one else can see it, yourself included @taskmaster4450.

The important thing to note is that it can be addressed and change can be more easily achieved when the system and technology provide the avenues for such (I think this may be your overall point about decentralisation on a bigger scale). This has seen action on both of Hive's layers, thankfully.

It's all evolution from my point of view. The benefit of the blockchain is that all the actions are clear to see down the line. This could potentially be where the disconnect between "business account" and "human account" becomes an issue.

What are your thoughts about the current distribution efforts on Layer 1?