Interesting follow up, thank you. I just read your earlier post on the subject now and this followup adds details that are overtly a cause for concern, but as you say, the top witnesses will not vote on this fork. Overall though it does look like crypto (several hacking stories lately), and particularly steem is being attacked by some bad actors. rewriting code to move someone's coins hey? Mmmm...
Well I hope the ptb, the witnesses that run the show at the top are not too centralised.
Well it's a group of 19, so it's centrally controlled by them hehe, but not as central as 1 person. Although, one account, @freedom, pretty much picks who gets into the top 19... so...
Big SO there, and this anonymous central figure having so much control is what has lead to my complete and absolute disillusionment in this experimental ecosystem. I'm only sticking around bc there are knowledgeable people and I'm playing tech and crypto catch up so that I may be a more informed citizen in the 21st century.
But, as far as the failed economics of this blockchain go, it just feels scammy and scummy. Time will tell.
Have any of you ever wondered what happens if freedom dies? Not the philosophy but the investor, we will then be forever stuck with the one party system circle jerk that facilitates this shitastrophe. Totally great for future investors and mass adoption 🤐
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The blockchain should set up a kind of witness voting system where the votes decay over time. So that inactive/dead voters with large stakes don't control what happens to the top 19 unless they vote again.
I have heard this b4. Very much support such scheme
Very good suggestion.
If freedom dies, more freedom for the chain then? They are a "one party" system, no?
I agree on the disillusionment from the centralization of power in this "new" economy, (plutocracy isn't new lol).
OK, perhaps one party system is a bit of an over exaggeration haha, but again I'm disillusioned and for good reason..
It seems that many of the top players are beholden or in bed with each other in some form or fashion.
Protecting investments is critical, I get that, doing it while manipulating a system and not being transparent about is not a good look. Especially, when the populous is as informed and inspired to figure this out as this one is. I applaud you for your due diligence and hasty investigating..
Plutocracy is nothing new indeed, nor is oligarchy, so maybe I'll stop seeing the cheerleaders tell us all to get out and vote when what they mean is lobby or convince me of your worth with some worth.
Democracy and capitalism are not synonymous
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Yes, look at community "leader" and witness kevinwong with his dupe account etherpunk to take in $30-$60 per day from 4-6 shitposts each day. Great way to lead by example and make Steem a success, eh?
Steem is infected with greed, just like the regular world. It's a scamma's paradise as I wrote about. Many old timer big accounts now, are involved in shady scammy shit.
Interestingly enough I've learned quite a bot, I mean bit from Kevin Wong and do believe his intentions are to not just make a bit of loot but also raise awareness as to the absurdity of this system which rewards the shitposters with the means to exploit it.
If I were on the outside of the top witnesses forever looking in and had zero confidence in their integrity I'd probably be doing the same TBH..
By not talking the money from the rewards pool it's just going to go to some other schmuck out there. At least he isn't making propagana posts like therealwolf and telling us all whatever is rainbows and unicorns whilst being the creator of smartsteem and facilitating this nonsense directly while making a great living and kissing every ass on his way to the top..
But, because he is sooo dreamy and perfect he can do no wrong. I'd rather my spammers admit to their shenanigans than play politrix and use every God damn opportunity to self promote..
A scammers paradise indeed, but one has to pick their poison and I choose to have more respect for honesty, and actual good ideas as to how to curb this train wreck. Also those top dawgs are so politically motivated they won't even really reply to my accusations or opinions as theyre fearful whereas kwong will give feedback and explanations that aren't grounded in a desperate need to be in the inner circle jerk..
At least full-time geek left the party, that made me smile, he was another savior nobody asked for. I got caught in the crossfire of the flagwars as an innocent newb an that my friends is how you birth blockchain terrorists and revolutionaries that give zero forks and support anything that might lead to radical change that destroys the elite circle jerks..
To show rape and murder is bad, let's just rape and murder. Brilliant. Now, if only we got paid to rape and murder, well even better to "show" how bad it is while making some money. Great plan to lead by example and expose the problem. Oh wait, being silent about the issue yet engaging in it will not do a damn thing about it. Fail.
Why don't I just scam the system and buy votes too. That will make Steem better. "If I don't do it, someone else will". Great mentality there. I'll just go make 10 dupe accounts and give all my votes there and buy vote son each one. Winning. I'm doing a service by "showing" the problem, eh?
The fact that this system is not functioning as well as we would like or as well as it could, is testament to the human element in one sense. The human error or the weak link being human nature. But then again I could be wrong there. Maybe it is the fundamental design flaw by the originators, Dan and Ned, or whoever. Perhaps a combination of both.
The top witnesses should be made aware of your feelings about the state of steem,, especially if there are many of us who are disillusioned. Let's see if we can get it through to them somehow. Surely they would take it seriously and act to improve the situation?
It sounds like EOS with its 21 top people controlling it. Curiously both are created by Dan Larimer if i'm not mistaken. t seems to be his DPos design which is causing this problem.