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RE: What is up with the steemit hate?!

in #steem8 years ago

Decentralization in young systems is highly overrated. When the system is just born, it should be mostly centralized so that the development will be more efficient. When the technology matures, the decentralization can take place.

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But they are different design paradigms. It can be difficult or impossible to transition from one to the other without creating something entirely new. Something designed from the ground up to be decentralized is going to generally be superior (at being decentralized) then something you try to decentralize later.

Nope. Most crypto projects that are fully decentralized from the beginning have failed and will fail. In the real world it's really difficult to have a decentralized system that actually produces high quality service.

It's much more easier to let founders have the control over project until the technology is advanced and there is real community that can get shit done. There is no benefit of giving power to newbies who do not have any idea how the system works or how to develop it. Many times they don't even share the same long term vision.

Steem is fully capable of decentralization in later phases of development. Only thing that is needed is to sell or give away steems that Steemit, inc. owns.

Yes, it is difficult. That doesn't mean that it isn't ultimately the best way to create a secure, stable cryptocurrency in the long run though.

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