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RE: STEEM/HIVE - Vitalik Buterin is watching closely...

in #steem5 years ago

Success seems to bring much judgement with it; for me at least. It has long been my position that to believe in the concept of DPoS one would have to assume that all stake holders had a desire for the project to succeed; yet not all stake holders shared the same image of what that success might mean.

So there could be two successes. An almost half a million a strong community could finally leave home and shake the corporate beginnings of the STEEM blockchain and continue to create worthy content on a sister chain.

Mr. Sun could continue on in the corporate vision of seeking profit. An ad revenue stream was created before the sale of Steemit Inc. and Google is not likely to change links to the content. Just imagine the wealth one could wring from a thinned out STEEM trader volume through pumps and dumps. Especially if such tokens were required for casinos, streaming and/or porn. 😎

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You think the governance structure needs to be changed?

On the community based one (Hive) no question. My guess is Mr. Sun will like the governance just like it is on STEEM once he gets his mitts on 17 top 20 witness positions. 😎