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RE: The recent controversy between Steemit Inc and the community - the premine, control, and where it leads this blockchain

in #steem5 years ago (edited)

I appreciate the honest account of things that happened. You and rest of the top witnesses are guilty of keeping secret slack, regardless of Steemit Inc's control. Open it up already.

Partly you and other witnesses are responsible for all of this debacle, because you chose to keep everything in secret. Your account probably is the least diplomatic, hence most sincere. I suspect reason is because you are no longer top 20 witness. Would you be this honest and sincere if you still were a top 20 witness??? I am not sure, but still appreciate an honest account and observation being shared. I appreciate your work for the platform and I voted for your witness as soon as I saw you were out of 20.

As far of Steem/Steemit, I think it will still be around because of all the people involved, and as you said people still believe in it. I think Inc has done ok, just failed in PR, budgeting, and marketing. I strongly hope @ned will hire a PR mentor or assign CEO duties to someone else. He had a great opportunity to become a face of the Crypto for people in general. He still does. He can become the visionary of the crypto space, only if he wanted to. Just need to ditch that guitar. :)

I believe 2019 will be awesome for all of us. This debacle happened because you all chose to be in a secret environment. If you all chose more openness and rejected secrecy, things would be different, in my opinion.

Steemit will do whatever their vision is. Yes they are the largest stakeholder. That has been the fact since the beginning. Nothing has changed in that regard. I see @andrarchy as a visionary, I wish Ned would listen to him and take his advice or make him a CEO or something.

Anyway, crypto speculators will do their thing, community will still be around. I doubt things can get worse than they are. It is disappointing that human error is stopping the progress though.

In conclusion, forking out any account funds would be the dumbest move ever. I doubt any of the top witnesses would ever go with that. I am kinda surprised the idea was even entertained. Bottomline, if there is no security of funds why bother using the blockchain?

Huge respect for you. I hope you will still be around for years to come.


I think Inc has done ok, just failed in PR, budgeting, and marketing. I strongly hope @ned will hire a PR mentor or assign CEO duties to someone else.

Have they really? I'm asking because I've heard many different and conflicting statements about this. Is it really just the PR and communication or does mismanagement of funds also play a part in this?

If I'm looking at other projects with similar sized teams, I see that they generally get a lot more done. I know this might be comparing apples with oranges, but I don't really have the feeling that Steemit Inc. is working very efficiently.

Don't get me wrong, I'm really hoping that I'm mistaken about this, but some of the problems that they're working on now should have been resolved much earlier.

Well, works. And works just fine. That to me is team has done ok. I do see progress. If it wasn't for Steem price going to unexpected levels (below $1), I think SMTs and other dev works would be on track to completion. I think it will still be happening and eventually, Steemit Inc will deliver SMTs, Communities, etc. Everything else is just a distraction. That's why I think better PR is needed, to actually show all the work being done, maybe even exaggerate a little bit. :)

P.S. I don't like the fact that Steemit Inc and/or Ned is actually not interested in continued development of the flagship site though.

Did you know that before HF17, later known as HF17.5 and finally HF18, we had 16 hardforks in less than a year, I think it was 8 months or almost two HF's a month. Did you know the most anticipated change after HF16 was for a linear reward curve/proportional rewards to stake, which was completely absent from HF17, HF17.5 and HF18 (All known as hf 18)? Did you know that after months of the community demanding it, HF19 finally addressed that singular issue, only to be revealed in the weeks that followed as not necessarily a fix as much as it was a problem especially alongside delegations? When do you think this will be fixed, a simple yet profound change away from linear and not quite back to exponential that ought to have been made more than a year ago but which to my knowledge has still never even been acknowledged by stinc? O yeah, what are the proposed changes for the next HF?

Do you think, knowing that we've had only 3 (or 4?) hardforks in almost 2 years, that steemit is developing and pursuing development of steem in an OK way? Do you really think that stinc can even say "we've been listening to the community"? It seems like as long as they keep making promises, maybe even a little embellishment on top, everything else is a distraction from where you're standing. As long as they apPeaR to be working on the supposed solution to whatever problem community and SMT will solve you will happily encourage them, even though stinc has not given a shit to the community directly evident from HF17 onwards, and even with HF19, as they haven't reached to the community or assessed the results once. I don't know on what you base your thoughts on how well they have done, or them doing OK, but by my standard stinc is completely fucked and it's no wonder that nuclear options are discussed in the slack they created and run, they are after all the ones responsible for the complete lack of communication with the community and the assessment of the changes committed through HF's and the followup to those assessments that has driven the discussion in the direction of considering the options available should their unresponsive and otherwise unacceptable and unaccountable stance to the development of steem continue.

What do you think the community should do if the ones in charge of development don't care about the community? Keep on keeping on?

No, I am not really familiar with the history before HF19. I understand what you are saying. I can see the frustrations and disappointments for lack of progress (or visible progress). I just choose to focus on the positive. Among them, I see platform working as positive, smts still in development, there were improvements to dev portal, hivemind, etc.

I was also a bit frustrated and disappointed towards the end of 2018. This year will be awesome for Steem. I think/hope Steemit Inc will deliver this year.

Unfortunately that's just it, they could have sat on their hands all this time since Dan left almost 2 years ago and the platform would still be functioning /working. Why is that a positive then, if it's not strictly framed in terms of HOW MUCH WORSE IT COULD BE. As if keeping it running was/is an accomplishment, I guess it could be if you consider that they could have broken it.

Steemit- At least it's still working.

Steemit- #SMT2kandwhen

Steemit- From 2 HF's a month to 2 years every HF.

Steemit- Etc. (ETC).

Posted using Partiko Android

What project has anything done? Every blockchain out there is a fluff of dreams. Steem is the only one with actual work, even if it's not too much.

When I wrote my reply, I was thinking of LBRY to be exact. They've been issuing updates very regularly and the amount of work they've done in a very short amount of time is pretty amazing.

Now, it's still comparing apples with oranges, because their project is a lot more straightforward than Steem.


To be clear, they have a working product, nothing fluff about it.

I mean just look at this one development update and compare it to Steemit's development updates. The difference is huge IMO.

Compare that to:

In my time around Steem this is not the first time that discussion of a fork has occurred. It is the first time it has come out into the open and that maybe is a good thing. It lays out the arguments and lets the community respond with their views.

Discussing topics is fine. But, in the end, any blockchain that can just delete accounts/funds/stakes will be a failure. I thought the main promise of blockchain technologies was/is TRUST. Nobody will trust and/or invest in a chain that has a history of removing accounts/stakes/funds.

i quite agree about not liking the reasons for the proposal. The discussion coming out into the open is healthy in that the community gets opportunity to weigh in. It also provides opportunity to observe the behaviour of the witnesses.

Then explain why almost nobody trusted ETC and and why everyone trusts ETH.


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