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RE: EOS Will Propel Bitshare To A Much Higher Level
I'm really surprised that Bitshares price is so low right now. I guess it's not popular enough just yet, but I think we are going to see the price jump up pretty soon! It's a big discount right now.
Stan explained in an interview recently that the issue of 'a few evil whales' on STEEM causing problems can be easily solved in the future by essentially airdropping and exchanging 1:1 STEEM token with the new EOS equivalent STEEM tokens. A simple algorithm for the airdrop can be written to exclude the bad actors on the existing STEEM chain from getting the new tokens. In this scenario, if you have 100 SP on STEEMit you will now have 100 SP in the new chain with better token distribution and your value and community will be preserved. If you are identified as an evil whale bad actor you will not get the new tokens but be stuck on the old chain with nobody else. Genius, gives me much more confidence in STEEMIT now...if you google the interview of Stan on blue rock talk he mapped it out in the Q/A toward the end of the video...
That makes sense except what is defined as "evil whales"?
Where is the cut off point? And how do you exclude one who has 500K SP while giving it to one who has 600K SP?
I am not sure how that would work...or could be done....singling people out that is.
Smells like centralized power bullshit to me, similar to how tokens can be blacklisted and destroyed on bitshares.
Would be well thought out im guessing and be based on flags/down votes or something of that nature.
Agree, no idea how it would play out, lotsa alligators. These are some smart guys tho and have identified a real problem, confident they will come up with a solution that makes the community stronger.
I’m pretty what he was talking about would be a steem fork not an eos airdrop. A fork would split the community as it always does. Makes more sense to limit max voting power or number of self votes per day etc. What needs to be avoiding is incentivize more deceptive “cheating”.
I didn't know about this at all... but that is pretty genius.
A steem like platform without "the bad whale", or the "bat catlike whate" would be a massive improvement.
hm interesting @rhanna10km. But wouldn't that make it very centralised? Who decides who a
bad whaleis?Also - that move would be pretty much the start of a war against STEEM as a blockchain..
Not sure what I think about that.
Have you heard of people with Master's Degrees working for minimum wage at McDonald's? Not like even 1 in 4 people have been bestowed with this level of aptitude which benefits global systems concerned with the necessities of life. Surprise, well I heard of some guy with a PhD working at a MickeyDs that he did not own.