Hopefully the stakeholders in Steemit have (or gain) the foresight to take care of their investment, but they haven't instilled much confidence so far. I think there are a few protocol changes we'll need to get through to help align stakeholder incentives and make the network sustainable, starting with a longer vesting schedule and curation rewards for downvoting. If current large stakeholders (including Steemit) can't be convinced that change is necessary, a fork may be required to save the community. Hopefully that won't be necessary. Regardless the first step is education about the economics surrounding Steem and what it will take to keep it alive. @bethwheatcraft started the #fight4steem tag to help in that effort. I doubt Steemit is going to be a leader in this at all. They'll probably only move on it in response to community pressure.
You are viewing a single comment's thread from: