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RE: Bitshares - A Lambo Parked in a Farm Barn
It was a very good article, however regarding "governance" there is one point you need to understand:
Appointing a leader is like painting a target on them
One of the fundamental principles of crypto is decentralization, so there are no people, places or things with targets on their backs. This is why crypto avoids the problem of being shut down by an external entity.
Many don't realize the importance of the "sovereign" nature required to be a replacement for entrenched and corrupted institutions, but that is what makes crypto so powerful, that it can't be controlled or manipulated.
You are absolutely correct that the price we pay for decentralization is less efficiency in governance, but at least it will be governance achieved through non-violent cooperation rather than force and coercion, war and death.
I'll take the slower pace of consensus progress over the faster pace of tyranny any day!
Thx for your article, it was very good, and very informative, especially for "newbies" 👍
I agree, but i think this is true when we are bigger. In the meantime, i suggest we form committes tasked with individual goals - ie. The user interface, on/off ramps, building our own exchange etc. These can be disolved quickly when the task is complete.
I think JP is correct that we gave an element of paralysis. My poi t is, lets form task forces, hire the people, get it done and disolve them.
I agree with you, DPOS as a governance model is brilliant that doesn't mean it can't be reviewed and made more efficient. First the ways decision makers are elected and removed must be addressed e.g votes should be made to expire so that proxies and committee members can be accountable and only people with passion to grow bitshares are elected, this i believe with make the community more engaging as proxies and committee members will be forced to make them selves known to the community engaging and debating, sadly this is not the case. Secondly bitshares needs a management structure designed in a way nobody can be targeted, i will propose like a few people have done that committees be set up to managed every aspect of the management structure selected from proxies committee members and active community members. They will work for about 6 months and others take over so we can have fresh ideas at all times. I believe these things can be done now with the bitshares foundation coordinating. Let's imagine promoting other bitassets the way hero is going to be promted at the same time and in a short time we have 4 bitassets in the top 20. Where do you think bitshares will be. My only worry has been that if we delay or do nothing this tech that we love so much can be forked and some other persons enjoy its potentials.
I completely agree! Thanks for the comments!
FIRST .. GreaT POST @marchesejp!! - ))
(( .. can't agree more - ))
and, @full-steem-ahead .. WoW !!!!!!!! - ))
YOU've just made the "HERO" program come to LIFE .. for me !! - ))
i am a total "new-BE" - ))
WonderinG about many of the things @marchesejp has detailed in this post.
FUNnY .. how the quest for understanding, brings clarity !!
Thank YOU "BOTH" .. i feel "much" more confident in BIT SHARE'S future !! - ))
.. and, i was already felling over the MooN - ))
Any chance anyone would like to trade some BIT SHARES .. for ART ??
AN artist’S .. CALL for a MOON SHOT TICKET !! - ))
lovelovelove )))
greb'Z )
PumpeD & reSTEEMed - ))
Thanks a lot buddy! Really appreciate your comments! Hope you get hooked on BTS on the same way I got.. Very interesting coin with huge potential, as more you learned about it more you like it!
Regarding your art I dont have space at my place right now, but once BTS goes to the moon and I buy a big house I will contact you again to get some ;))) Very nice art btw! congrats!!
ha ha .. GREAT REPLY !! - ))
.. i'm dreaming UP a GIANT CANVAS for YOU NOW !!! - )))
.. thanks ALLoT !! - ))
TO the MOON !!!!!!! - ))
?? did you see this article by @stan ???
https://steemit.com/bitcoin/@stan/bitcoin-united-btc-u-offers-3-second-confirmations-and-massive-throughput
FeelS like ROCKET FUAL to me !! - )))
Hahaha yes, get my giant canvas ready... By the end of the year when we see BTS increasing 100x we talk again :) :)
Yes I saw that article from Stan, great article!
Your art is beautiful man. Love the colours. I would love to get a large one to put on my living room wall. :)
So all the other coins that have active non profit foundations to market, form alliances and chart developmental course are all centralised and have been targeted for closure. What a load BS
Also some very good points