I'm not sure I consider Hive to really be that decentralized. I'd say roughly 10-25 people run the show here because of the amount of hive they have and I only see that getting worse honestly as the wealth is compressed towards them. The amount being earned by people at the top dwarfs what 100+ people earn on the platform so they would simply never "catch up" further centralizing the system over time. A truly decentralized system would allow one vote per person (and would have to verify the person does not have multi accounts to abuse the vote) and then give everyone equal weight on the vote. That's what decentralization is. However I'd also say I don't think true decentralization would ever work with the way human nature is.
You are viewing a single comment's thread from:
One possibility is for each community to be able to make decisions within itself based on, for example, one-person-one-vote or other types of arrangements. The community would also be able to decide who is a member and can vote on things. This would enable communities to make experiments on smaller scale and figure out whatever works for them, according to their own culture and purpose.
I came to say what you said, in fact I was saying it as far back as half a decade ago around here. You did a very succinct job of explaining the true nature of this beast.
I second this.