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RE: Steemit – We have a Problem

in #steemit8 years ago

If you think of Steemit as of some sort of corporate machine, than yes, it is slow. However, it was supposed to be decentralized platform, wasn't it ?
Bitcoin community somehow got used to the fact, that there's no point to appeal to Satoshi Nakamoto. There might take some time, but eventually Steemit community might stop to appeal to Ned and Dan and start to figure out what else could be done.

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However, it was supposed to be decentralized platform, wasn't it ?

Not entirely, no. It was ninja-mined in a manner so as to centralize ownership and stake to raise funding for the business. You can read about that here.

Bitcoin community somehow got used to the fact, that there's no point to appeal to Satoshi Nakamoto

80% of the coin supply in Steem was allocated (both to the company and to founders) via the above described ninja-mine process. That did not happen in Bitcoin. While satoshi apparently mined a large amount, it was more like 5%. The two are completely different animals.

Thank you for the link, I've heard something about, but it's always better to see the original explanation

failing to sacrifice your creation to the prevailing mining gods

I really like his authenticity )
However I'll stick to my point. If SteemIt inc completely withdraw itself from any further development still I see no reason to complain. Also some clear statement about would be nice to have )
The whole approach, you gave me something, now, because of that - you owe me more is unhealthy.

If SteemIt inc completely withdraw itself from any further development still I see no reason to complain.

Complain? No, that's generally pointless. Asking what the hell is going on and if not getting a sufficient answer trying to salvage whatever value one possibly can from one's holdings before moving on to more promising endeavors would be entirely reasonable in that instance however.