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RE: What do think about Steemit CEO Ned Scott's announcement that over 70% of Steemit Inc. has been laid off due to a lower bottom of the market than was projected?

in #steemit6 years ago

Fairly certain Steem would be boned if this happened and prompt a mass exodus. I really hope not. Are those that made millions here willing to sustain the infrastructure at a loss and, if so, for how long?

I think we would most definitely see a fork from a new database as we will need to start fresh to cut server costs. No sense in retaining the data from an derelect chain.

Hopefully, things change and we don't reach that point.

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Are those that made millions here willing to sustain the infrastructure at a loss and, if so, for how long?

They've had two years to step up, and only about 5 or 6 people/witness teams ever have.

That said, its really on the dAPP builders to buy and pay for the RPC nodes, its them that needs em to survive (and by extension us, but yes, they are the primary consumers) Not the witnesses, or the whales. Witnesses get paid for blocks as is. RPC nodes are swallowed up by the dtubes and so on. THEY and some do, need to build these, its their businesses at stake.

I'd love to read an exposè on who were the witnesses that stepped up, who were the witnesses that did nothing.. A sort of tell-all to reveal what each of the top 30 witnesses have contributed to the blockchain, whether it warrants them all the steem they earned all these while.

At the very least I hoped I voted for the correct 5-6 witnesses that did stood out.

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There is many places to get node lists and who owns them. This information is all over the chain.

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