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RE: Moving to hive
@phuzz , You still don't understand Steemit. @haejin was pulling down 6.7% of the reward pool when @berniesanders started the call for flagging his rewards. It has nothing to do with if @haejin makes great content or @berniesanders makes shit content.
It has everything to do with balance in the system. One user simply can't be allowed to take that much of the reward pool. Period. We now have half a million registered users and around 40,000 active ones. at that 6.7% level it would have only taken 15 @haejin's to drain the reward pool dry. As long as he keeps getting those kind of upvotes he's going to keep getting those kind of flags. It can be no other way.
Thank you for clarifying, but I would only ask, can we blame Genesis mining or a few other mining empires for making Bitcoin mining so hard? They mine such a huge percentage of the block that mining Bitcoin, or almost anything now for that matter became almost useless. This seems like the nature of the blockchain, which ironically is easier to manipulate and control than a centralized System. Steemit seems like it is built this way, I would assume that applying reward rules would be the only way to control this, because if either @haejin or berniesanders are gone, someone else is going to fill that gap in the very near future, there will be thousands of haejin and berniesanders to come that this whole platform will be abused and destroyed. So unless @haejin and @berniesanders could come to terms in a way, or @ned would somewhat wake up from slumber, I see this is an endless fight, and would involve much more whales and content providers to come. Will be the curse of Steemit.
To correct you it bitmain that controls bitcoin mining not Genesis mining.
The curse of decentralization is it prone to centralization but the fight to stop it stands and will continue
well probably, but that was just an example to explain the current situation, keep fighting, it is an endless void.
I dont believe that he was pulling down 6.7%
more like 0.6 at best
I checked as soon as i saw the post making that claim