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RE: Some Thoughts (and Concerns) About EOS DPOS Block Producer Independence

in #dpos6 years ago

Full points to you guys on making this process as transparent as possible and to you personally for making it clear that you guys are working with multiSig to address the concerns.
A lot of folks probably knew the deal when they got into (tokens being modified in RT) but there is always benefit in keeping the issue out there for the people to see because people miss things all that time and then when they realize what he actual thing is they tend to start blaming others. In that manner the transparency not only increases the trust but kinds of distributes the liability evenly amongst the involved parties.

As I was also saying a couple of days ago on your response to 'twitter EOS discussion' that the introduction of human element is scary an probably a little 'fear' might actually be a good thing. In the end it is an experiment - we are all trying new things and seeing if they work or not.

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Yes, I'd say humility over fear, but yes, we do need to be very cautious and concerned with all forms of power.

If I may ask another question while I have your attention. I remember seeing a really great interview of yours a while back where you talked about that there were some tentative plans of putting a upper threshold on the SBD to dollar peg. Now that the prices of SBD are at one dollar range, will we be seeing some measures to enforce the upper threshold of the peg?

It's being discussed. It's not a priority for Steemit, inc though so that makes things a little difficult.

Thanks for the reply man!

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