Thanks for sharing, very cool historic info.
Just for my own curiosity, I see you will be doing an updated post. Did you guys ever have any discussions on the economic aspect of how this blockchain functions, did anyone ever say, hey wait a minute, this is just a functional form of oligarchy...?
I really enjoy the social media aspect of the STEEM blockchain, but after I joined and learned how it works it became apparent to me, that the coded rules are exactly how an oligarch government of a country would function.
I think it was generally understood by all the devs how DPOS functioned economically, at least to some extent. It was certainly examined for attack points, and we were well aware of the potential for attack by an exchange with a lot of stake, for example. It was considered an acceptable risk at the time, but time has shown that to not be true, I think.
But for a full analysis of the socio-economics of DPOS, I need a full post, like the one I'm promising eventually. A lot of people do get the wrong ideas about it, and I don't consider it as bad as you're implying, because there are economic limits on abuse that may not be obvious at first glance. But again, it's a longer discussion for another time.
Thanks, looking forward to your post, maybe there are some rules in the software I am not aware of. I have always had an interest in economics and how currency flows through economic system, so I guess maybe I saw this flaw more clearly than most...