See, oddly enough, that is one thing I don't expect. And I'll tell you why.
The lightly distributed nature of the Steem blockchain means that all it takes is a handful of true believers to keep running the servers and basic functionality can continue for a truly disturbing amount of time. There are more involved zombie projects that have been running since the early 90s with only a handful of users and the occasional nudge.
The Steem blockchain could easily become one of those things. Eventually, it probably will. Unless the developers and users get extremely lucky and someone hits on a killer app that gets the right amount of traction, that is the future inevitability.
In my mind, that's worse than a crash and burn scenario. That's just a long, slow trudge into the sunset, with continuous cheerleaders popping up in the cryptocultist community. That's a terrible way to go.
I note that the data on the blockchain includes evidence of criminal and tortuous acts, and thus expect the blockchain to no longer be funded due to liability of ninjaminers motivated to eliminate that data. I think that's what HF21 was all about. We'll soon see.
While I have no doubt that there is evidence of all kinds of fun crimes hanging out in the Steem blockchain, I don't think it's likely that Steemit Inc. or other major stakeholders expected HF 21 to be of any use in dealing with that fact. Mainly because to get rid of the evidence would be to get rid of the blockchain and there are way too many copies of it floating around for that to be very effective.
Radical transparency is one of the few things that this place has going for it and I don't really see anything in HF 21 that was intended to actually change the historical data that way.
Now, if one of the new developments as a way to essentially "checkpoint" the blockchain, consolidate all the old blocks into some new kind of "checkpoint" blocks which stand as computational cipher and capitalizations and allow the chain of blocks to be rolled back to that point and still checksum, then I think you might have a strong argument that some folks in the blockchain were trying to get rid of information they didn't want seen. As it stands, since that is not a technical possibility, suggesting it is a bit of a stretch.
It would make for an amusing conspiracy theory but not really a failure of the kind that we normally see playing out here.
Defunding those effecting the blockchain is one step that can be taken to prevent that evidence from being used. It isn't the only step necessary to do so. A journey of 1000 miles begins with the first step.
See, oddly enough, that is one thing I don't expect. And I'll tell you why.
The lightly distributed nature of the Steem blockchain means that all it takes is a handful of true believers to keep running the servers and basic functionality can continue for a truly disturbing amount of time. There are more involved zombie projects that have been running since the early 90s with only a handful of users and the occasional nudge.
The Steem blockchain could easily become one of those things. Eventually, it probably will. Unless the developers and users get extremely lucky and someone hits on a killer app that gets the right amount of traction, that is the future inevitability.
In my mind, that's worse than a crash and burn scenario. That's just a long, slow trudge into the sunset, with continuous cheerleaders popping up in the cryptocultist community. That's a terrible way to go.
That's what we're looking at.
I note that the data on the blockchain includes evidence of criminal and tortuous acts, and thus expect the blockchain to no longer be funded due to liability of ninjaminers motivated to eliminate that data. I think that's what HF21 was all about. We'll soon see.
While I have no doubt that there is evidence of all kinds of fun crimes hanging out in the Steem blockchain, I don't think it's likely that Steemit Inc. or other major stakeholders expected HF 21 to be of any use in dealing with that fact. Mainly because to get rid of the evidence would be to get rid of the blockchain and there are way too many copies of it floating around for that to be very effective.
Radical transparency is one of the few things that this place has going for it and I don't really see anything in HF 21 that was intended to actually change the historical data that way.
Now, if one of the new developments as a way to essentially "checkpoint" the blockchain, consolidate all the old blocks into some new kind of "checkpoint" blocks which stand as computational cipher and capitalizations and allow the chain of blocks to be rolled back to that point and still checksum, then I think you might have a strong argument that some folks in the blockchain were trying to get rid of information they didn't want seen. As it stands, since that is not a technical possibility, suggesting it is a bit of a stretch.
It would make for an amusing conspiracy theory but not really a failure of the kind that we normally see playing out here.
Defunding those effecting the blockchain is one step that can be taken to prevent that evidence from being used. It isn't the only step necessary to do so. A journey of 1000 miles begins with the first step.