Awesome idea! A torrent blockchain. That is decentralization!
Imma try to resteem this, just for that comment.
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Awesome idea! A torrent blockchain. That is decentralization!
Imma try to resteem this, just for that comment.
He's talking about the GUI the blockchain is already decentralized of course.
Well, not so much, since you can just buy the top 20 witnesses with cash, and run whatever code you want.
But, you're right. Imma big fan of torrent tech to decrease server loads, and this seems like a great way to decentralize the GUIs, which so far, are quite centralized.
Well that would be;
Why would the top20 not still be the functional witnesses?
Because you had bought them out remember?
You misunderstand. Steemit weights our vote power (VP) with our holdings of Steem Power (SP). Witness votes work exactly the same way. So, all someone needs to do to decide who the top 20 witnesses are is to buy enough Steem to simply have enough VP to elect the top 20 they want.
This means that those top 20 will be the top 20, not that they will be irrelevant.
This means that Steem ISN'T decentralized at all in terms of VP, as money is the most centralized resource of all.
@pumpkin is making moves as we speak. We shall see what comes of it.
Aha! Now I get what you mean. But still if there would be a hardfork, the longest chain wins or where the most people are thus making the other chain worthless or less valuable?