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RE: The Fork and the Bunny

in #dustbunny5 years ago

I have twisted feelings about this fork, too... but I wouldn't condemn it right away though.

I understand where the motivation for the EIP comes from, and while it does definitely favor the big wallets in more than one way, it also tries to make staking and holding STEEM more attractive while trying to curb on abuse simultaneously.

I'm somewhat doubtful this will work out as "imagined", but I think we might as well try.

We'll have to see if anything changes and which way that will lead us.

I heard the steemic inc team recently discussing if switching of all proof-of-brain mining for STEEM in a post-SMT world (think HF24,25 or something like that) and leaving that to communities and SMTs completely.

So there's more controversial things to come eventually ;) Exciting times!

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I heard the steemic inc team recently discussing if switching of all proof-of-brain mining for STEEM in a post-SMT world (think HF24,25 or something like that) and leaving that to communities and SMTs completely.

So there's more controversial things to come eventually ;) Exciting times!

WTF. That's just so counter to the revolutionary possibilities of Steem. I just ...sigh.

Well... I actually see some appeal in that idea.

STEEM as a fee-less transaction- and data-layer with STEEM-like SMTs on top of it, basically what steem-engine is doing but not privately owned on not an even more centralized side-chain, right on the base-layer of the steem blockchain, it might not be the worst move for the platform long term.

But we don't even have those infamous SMTs yet and this was all just a speculation about potential moves forward from there. It's not actually being planned for yet, or so they said.

Mmm. I guess we'll just have to see how things pan out as they come.

It's as if they're just trying to emulate EOS, which entirely defeats the purpose of having had first mover advantage. I'm not interested in that. I'm interested in the promise of Steem.

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You've got a valid argument there!!

But that was all just them speculating about the distant (well, distant in crypto-terms) future and I don't think they're actually working towards that as a goal.

We'll have to see where this all takes us. I'm at least a bit excited to get proper SMTs and communities on the base-layer next, instead of leaving that to a privately operated side-chain.

This is already a move towards that, I think. The new curve really means that there can only be a small community of rewarded content producers (at least as far as getting to the point where linearity begins) and this goal of Steem to be social media is set aside for some goal to be a blogging platform, which, IMHO, is a far less promising model. Do people spend more time with Blogspot or Facebook? Do people engage more by commenting on the posts of friends or on articles? Who has more power and money, Medium or Twitter?

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