RE: The Daily Meme #826!
You are viewing a single comment's thread:
Yes when changes like this go into effect and people like me don't even know about them until the day of the hardfork it's pretty bad. Although that's also what we signed up for: a kind of digital republic where money has the vote instead of people. Hive purposefully outsourced these changes and the ability to make them directly to the witnesses. It's an interesting experiment to be sure.
The interesting thing is that our success depends a lot more on third party builders than it does with the core group in charge. I still need to look into all the layer 2 stuff that's been put in place.
The poor tax explained.
These changes were brought to us by the same folks that gave us the poor tax.
Any more questions about my suspicious nature?
I'm to the point of saying we are still in beta, expect changes out of the blue.
Beta... indeed.
Sometimes I feel like Hive witnesses should all be full on companies that all have custom internal governance structures.
Once we get the incentives right, that could well happen.
Ah yes the convergent curve it all feels like a fever dream.
Guess I'll have to look at my own posts on that to remember exactly how that went down.
The rhetoric early was that as more people joined, the stake would become more widely distributed - but that didn't happen because DV's were used to drive people from the platform, enabling ~36 whales to continuously maintain a bare majority of stake to this day.
We were bamboozled.