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RE: How Steem Became Hive

in #steem5 years ago

All consensus systems have centralization challenges, including PoW and PoS.

more focused on the concept of decentralization for some reason

For some reason? Like, maybe that’s the ENTIRE POINT OF BLOCKCHAIN CONSENSUS security models? It’s tiring dealing with so much ignorance about this technology and what makes it work. I’ve been trying to educate people for over seven years on it. If you don’t understand Byzantine Fault Tolerance, you don’t understand blockchain.

I’m not going to cloud the debate about Hive here due to analogy, but there are some very influential and OG bitcoiners who will privately say BCH is more accurately the original peer to peer digital cash intention of bitcoin and thus deserves the original name. Again, I’m not going to waste energy debating that because it’s clear they lost that battle and unless bitcoin really screws up in the future and does something which clearly centralizes it further (which some believe they will do depending on how the lightning network evolves), then that will not change.

You speak as if it the airdrop criteria was arbitrary. As you said, I didn’t agree with it, it I do understand it. Those who are actively attacking a chain and centralizing it are a threat to the value of that chain. Those who don’t understand blockchain will not understand this. Thaat doesn’t make it any less true.

If you think you understand public blockchains, pleases explain to me how Steem is still a blockchain? Demonstrate the blockchain characteristics it still has according to its DPoS consensus algorithm? I’ve been a technologist since 1996 and I don’t see it.

What I do see is cognitive bias from those who can’t let go and face reality.

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