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RE: DTube opens a witness node on STEEM

in #dtube5 years ago

I'm also in Hive, although I strongly doubt I will keep many funds there. I know the people in control hate me (I've never been invited to their secret illuminati meetings), so I have legit reasons to be scared for my funds when they own 20/20 witnesses there.

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With all do respects, that is backwards. Yes, you might not be in the HIVE top 20 witness meetings, but its 20 different people. Have you been in the Steemit Inc. witness meetings between Justin and the sockpuppet accounts? In one scenario you have 20+ individuals making a coalition, and in the other you have 1 we know about and then a faceless corporation in the shadows controlling run by that one.

If one of those was the "Secret Illuminati", I'd put my money on it being the ones who bought their way into hijacking a chain, refusing to meet with the witnesses, and then actively hiding who actually runs which witness puppet.

I am 100% in support of you running a witness node. If we can keep 5 people like you int he top 20, we know the chain can survive in a decentralized manner and all will be okay. But I do think you are misjudging the scenario a bit.

It's not 20 different people in hive witnesses. It's a cartel with 2-3 people colliding together, also using multiple accounts, just less obvious ones than what happened on steem.

See all the anonymous accounts in top 20. How about trying to ask them for their real names, or asking them to show up in the next hivefest? You can be sure they won't show up lol.

And nothing is happening on steem side, justin is silent and real witnesses who showed up there are legit people who just don't want it to break.

I will not run a Hive node because it costs money and I have 0 chance to see my money back sadly, considering even if the whole real userbase of hive believed in me and voted me, I wouldn't even be in top 50 from the decentralized election :)

I understand your perspective, and I do agree, I want to know who is in the top 20. There are too many purely anonymous accounts for my liking. I have one person I know whose a witness, as in we lived in the same city, so my votes reflect their votes, as I trust that person to make the best judgement calls on their anonymous associates.

That being said,

even if the whole real userbase of hive believed in me and voted me, I wouldn't even be in top 50 from the decentralized election

That is straight false though? The users have more funds relative to the rest of the pool on HIVE than on STEEM, because all but 300 accounts (including Justins and his sockpuppets) have the exact same funds as on STEEM, except the Steemit Inc. 20%+ stake is gone.

So the users have equivalent if not more power on HIVE than on STEEM when we look at the stake breakdown. By doing simple math, you could be a top HIVE witness, unless you're trying to say you need the Steemit Inc. backing to be a witness, in which case, I honestly wouldn't trust your witness.

We've only had 1 week of powering down so far, the userbases voice isn't that different between the two platforms yet.

If you look at the distribution of money in this blockchain, and despite the social distribution that has been going on, you will realize that it is very unfair. Bitcoin is way better distributed. A good metric to look at, is how much of the stake, the top 1% of the wallets/accounts represent.

This is a pie chart that was on my steemwhales.com website at the end of 2016. This pie chart excluded all the steemit inc accounts!

It would be interesting to run it again to have more recent data, but let's assume it stayed about the same (top 0.1% controlling 2/3, top 1% controlling 90%), then it's clear that even if 99.9% of the community votes me as witness I would barely enter top 30, and if only 99% of the 'bottom' community upvoted me, I would be like #80 witness.

If you check BTC for example, it is distributed much more widely. Maybe because it's older? Maybe because it's more convenient and safer.

Also on another note, how can you prove that 2 anonymous accounts, are not actually the same person? Either someone with schizophrenia or someone with training in deception.

The Steem middle class has been growing in the short time that I've been on here, meaning that the influence of whales was diminishing as a percentage of all Steem. I suspect that this will likely reverse a bit as people cash out. Those sticking it out and buying up the surplus Steem will gain a larger percentage of the remainder.

Your last statement made me chuckle. 1 person can anonymously run two accounts simply by not telling anybody. No need for schizophrenia or the art of deception.