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RE: Downvotes From Whales

in #informationwar5 years ago

Yeah I agree man and am upset this happened to you. Was so happy when you started participating on here and now only to receive this sort of treatment from being naturally curious has left a sour taste in my mouth.

It is of great concern to me that there is no whitepaper available and being quite the n00b myself in all things blockchain/crypto, I'm not sure if a new cryptocurrency was ever made without a whitepaper accompanying it.

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That's a good point, but keep in mind Steem had a whitepaper and it didn't mean much in the end.

The thing we have at this point on Hive is enthusiasm and a good vibe - that is something that can't be bought (or sold) or put in a whitepaper - it comes from what we say and what we post.

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Satan worshipping paedophiles do like to dress funny...

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HIVE isn't a "new" crypto, its the continuation of the real Steem chain.
The Steem whitepaper applies just as well to HIVE as it did to Steem (better, even, since we don't have a controlling stakeholder that's violated all the original principles and promises).

The Steem whitepaper applies just as well to HIVE as it did to Steem

I've noticed several differences between the structure and operation between STEEM and HIVE already so I don't think this is true. If it was true, then why wasn't the steem whitepaper duplicated and released as the HIVE whitepaper just with rebranding/ HIVE logos?

HIVE has a different fiduciary responsibility in the way it is issued if not just for the exclusion list applying, the ninja mine stake equivalent now being escrowed in the DAO and how there is meant to be a voluntary-ism based consensus for any DAO funding.

I get it's a work in progress though.. and considering these shit fuck times I'm not going to unduly rattle on about it. Still think the whales from STEEM who are now on HIVE shouldn't have responded in the way they did to @unknownonline though and would ask that this be remedied.

Apparently those funds are also being held in escrow meaning that for each and every blacklisted user there is their HIVE allotment set aside in escrow. This is to ensure that there exists an opportunity for any blacklisted user to appeal their exclusion from the HIVE airdrop.

Sounds good in theory but my following query is what is happening to all the APR interest that these escrowed amounts are assumedly earning? Steem held on the steemit.com wallet earns a current APR interest rate of 1.88%

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I'll take that bet. I've been in this system for years, I understand how downvotes work.

Yes. It is kind of sad.