Thank you for this review, interesting to read especially from the perspective of a user who has been here for quite a while. SMT development looks very promising and I think most of us are exited about it's release and how it will shape the digital landscape. I agree that decentralization of stake is very poor here and to be honest, instead of complaining @ned could just delegate his SP to quality curators and cleaners and it would achieve a significant impact.
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To be fair, Ned did delegate to curators for a while. But yes, this should be done at a massive scale. Delegate to hundreds of the best curators and projects on Steem. I hope they do it in 2018.
I think there are wiser choices available than delegating 100K to sweetsssj. Like splitting the SP and delegating to hundreds of curators, as you mention it or projects like Curie.
Steemit inc delegating their SP won't improve decentralization. They would still own a massive amount of steem that they can use to influence the platform/ vote witness in/out,etc.. If they are serious about decentralization they should either burn, sharedrop or sell their stake..
Can you explain what "sharedrop" refers to?
Massive redistribution of STEEM to other SP holders. For example, they could power down 1 million SP and then power up other SP holders pro rata according to their existing SP holdings. Somebody with 1% of total SP outstanding would receive 100k SP, somebody with 0.05% would receive 5k SP, etc.
Interesting. Thanks for the explanation.
Sure, and that's what I'd like to see. A transparent and meritocratic distribution of SP delegation far and wide.