Nobody should support it. It goes against everything decentralization is about. But that is PoS and DPoS. Nothing but a rich get richer circle jerk and popularity contest.
Not every proposal goes through. Many good proposals have failed to get funded. It's all a popularity contest. you have to be in the top voted proposals to get a part of the daily funding that is available and now Blocktrades makes it where he basically has to approve.
No, there have been many projects in Hive's history that hasn't gotten funded because they didn't get the votes to get funded. The DHF (Decentralized in name only) has been a center of debate from the fork anyway, so the whales are just closing the circle even more. It doesn't help the chain, it only centralizes those funds between the people at the top.
Bro, Blocktrades has nearly 27 million HP worth of voting power. He literally has the controlling stake in the DHF if he is throwing his governance weight around. Please tell me how that is good for the chain? So basically to get funded, you have to beg for Blocktrades's blessing. It's complete centralization and bad for the chain, period. You will never get me to think otherwise. Major downside to proof of stake.
Nobody should support it. It goes against everything decentralization is about. But that is PoS and DPoS. Nothing but a rich get richer circle jerk and popularity contest.
it's good to have O.O if we have every proposal go thru that's not good fam or is there some other requirement for a proposal to pass that im missing
Not every proposal goes through. Many good proposals have failed to get funded. It's all a popularity contest. you have to be in the top voted proposals to get a part of the daily funding that is available and now Blocktrades makes it where he basically has to approve.
ya not every goes through because we have the return proposal now? there's a standard set no?
well it's not a perfect system but it's better than just letting hell loose? if you have a better way to do things suggest it and push it ;3
No, there have been many projects in Hive's history that hasn't gotten funded because they didn't get the votes to get funded. The DHF (Decentralized in name only) has been a center of debate from the fork anyway, so the whales are just closing the circle even more. It doesn't help the chain, it only centralizes those funds between the people at the top.
hmm then I'm not sure. Can only say the smaller people gotta step up and power up and stand up.
hive is great hopefully they don't ruin it ;c
Bro, Blocktrades has nearly 27 million HP worth of voting power. He literally has the controlling stake in the DHF if he is throwing his governance weight around. Please tell me how that is good for the chain? So basically to get funded, you have to beg for Blocktrades's blessing. It's complete centralization and bad for the chain, period. You will never get me to think otherwise. Major downside to proof of stake.