Right, because when someone brings up the ugly underside to Steemit -- hell no, he's gotta go!
I'm here to witness the implosion, if you really want to know. A cursory look at my last blogposts would've told you that.
I'm glad Steemit exists, it will be one of the many examples of why Proof-of-(mis)Stake is flawed. So even failure can be instructive.
Can you really say Steemit is rigidly PoS? The platform doesn't feel so rigid (IMO). The witnesses are there as a leverage and the team looks competent with frequent updates (HF) that encourage docility in operations to adapt to any changes needed for the growth of the community (or communities).
Should the community grow large enough (and/or maintain an active user-base), few policy changes can see Steemit implement PoW (if need be).
Don't you think they have enough assets for that?
If I FEEL my car's brakes are okay, but they're a dripping screeching mess, does that postpone the time when they finally fail?
As for transitioning to another mechanism, I doubt they could do so easily - especially with an inherently inflationary token like Steem.
It is still inflationary, there is no max supply. It goes down to 1% per year, then stays at 1% per year.
@heimindanger is a homophobe, remind him it's 2018 and people are people.
Would you believe anyone who calls someone else a "fag" in a derogatory way?
Just wanted to clarify.
@heimindanger is a homophobe, remind him it's 2018 and people are people.
Would you believe anyone who calls someone else a "fag" in a derogatory way?
@heimindanger is a homophobe, remind him it's 2018 and people are people.
Would you believe anyone who calls someone else a "fag" in a derogatory way?