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RE: Crypto Lessons Everyone Can Learn From the Hostile Takeover of the Steem Blockchain

in #steemisnottron • 5 years ago (edited)

Thanks for breaking it down and writing a well detailed article.

The only issue I have is that you mention that we all vote with 'equal effect". This isn't true, because if it were, Justin couldn't have installed his puppets. Your vote is weighted on your stake.

This means all us little guys must join to take down the Oligarch.

5 years ago in #steemisnottron by
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     5 years ago 

    What I was referring to is that each VEST (the voting stakes. Your "Steem Power" is actually just the current value of your VESTS, priced in STEEM) gets to vote 30 times with equal effect. I'll fix the wording.

    This means all us little guys must join to take down the Oligarch.

    Exactly. I feel like we should ever be striving towards further de-centralization on the platform, as in the world as a whole.

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