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RE: Fixing a Problem in the Economics of Steemit

in #steemit8 years ago

Disclaimer: I am a decentralize-everything kind of person.
I presume you also are pro-decentralization otherwise you would not be using the Steem blockchain.

Only relying on @Steemit for all the development for the ecosystem is a centralized move and a risky one at that regardless of whether @Steemit is trustworthy or not. Mistakes are just as likely as bad intentions.

With regards to transparency and funds management by 3rd party developers, I suggest development in small steps and separate posts for each step. I plan to do a more comprehensive post on this later on.

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Well I still think the 15% going into paying the 1.5% yearly interest on SP is a waste, we may not agree on how to spend that 15%, but it shouldn't be diffused to the point of worthlessness

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