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RE: LeoThread 2023-12-02 14:30

in LeoFinance • last year (edited)

1/3 🧵 Whoa, my comment became a blog post on @taskmaster4450's latest article. Have you read it? What do you think, because the current path of #Hive isn't really benefiting hive.

How can we change that? I added my two cents, what do you think and what are some other solutions to get us on the right path?

Task's article and my take below 👇 #threadstorm

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My response

1-I think the problem is obvious and it's something called decentralization. Essentially all stakeholder are board members, but few view themselves in this way. It's easier at the Witness level, because there is a rational amount of users to conference together, but I've seen no evidence that this is happening.

On the whole of the userbase level, there's just too many differences, complacency and a lack of organization to come together in a way that will be productive. Maybe we need a structure built that serves as the Judicial level in western democracies.

Maybe this wasn't the best example. What I mean to say is that the American system has three levels of government that in theory creates a checks and balance to keep each in line. All have their specific function to make sure things get done. It's flawed of course, but the basic framework is usable.

My response 2-

We need a better way to bring the users together who want to be part of the bigger picture in an effective way to make decisions for the path of the blockchain and hold the other parts accountable for doing their part. It needs to be structured like a business or even government, so we can get better ideas, get users involved and users, witnesses and developers working together with a clear end goal.

Framework needs to be developed to make this happen, but it's even deeper than that. We need the witnesses to stop being complacent as well. I mean, where's the campaigning for the crucial roles they hold? Where's the userbase who should be demanding this? Where's the critical dissent to make sure the DHF is paying for what we actually need, rather than simply paying people to create unsustainable projects that stand on their own?

My response 3-

The unstructured decentralized nature of Hive is what's causing that and I think it's time to think about creating such a structure to make decentralization work, because currently it's less like anarchy and more like indifferent chaos.

We need more solutions and less finger pointing or complaining. This means more conversations started by the 'leaders' with them being more available and willing to listen then make the decisions happen. Decentralization is failing at each of the levels here and stagnation is the result.

We need the governance infrastructure to address this so we can move forward and build what's really needed.