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RE: Witness Update: Running v0.23.0 to Support Hive
Ewwwww. Wow. All the blocked accounts....ok. And the funds will go into the HIVE DAO?
You guys do realize this makes it look even more like it is more about control right?
You effectively end up in the same situation as Steemit Inc by taking their ninja mine and other people's stake as well and putting it in a system you control to feed yourself further.
The core group will be the ones to benefit from the DOA.
It is just the same circle jerk from a few months ago on a new chain.
I'm not opposed to another platform. I will post to both but I really haven't seen a lot about how this will be any different than STEEM from a couple months ago.
Posted using Partiko Android
I do realize it's a problem which is why I'm talking about it.
I don't control it. The HIVE DAO is controlled by token holders. Do you think it hasn't served the community so far on the Steem side of things? From my perspective, it's better than what Steemit, inc was doing dumping STEEM constantly with not much to show for it.
Not really, the STEEM DAO was mainly stacking coins and only providing support to those in the in group.
Conceptually it could work but that is what we see with a lot of DAO systems. They become a waste of time for anyone who isn't buddies with those in power to even mess with it. Then those with all the support and power in the system can keep drawing off of it.
It is likely better than what Steemit Inc was doing in paying employees and dumping the coins all the time. Who iknows though.
We will see. It will be an interesting thing to watch and I will post stuff on both chains but I don't I anticipate the same situations that caused @partiko to leave and others. They won't be in the group so there won't be support for them and HIVE will be an ultimate former Steemian circle jerker's paradise.