Sort:  
  • Trending
    • [-]
     8 years ago 

    Hi Nanzo,

    I think you'll find I'm not :-) There's a former witness in the comment section who 100% agrees with me.

    Some of the info in this post has been lifted directly from the whitepaper...

    However, I humbly await your repost.

    Cg

    $0.00
      1 vote
      • and 1 more
      Reply
      [-]
       8 years ago 

      Might not get the time to write an article...

      A couple of points for a start,

      Strictly speaking Steem is not decentralised, Steem cannot be forked

      The fact that STEEM cannot be cloned with permission, does not mean STEEM blockchain itself is not decentralised. It just means it is not fully opened source.

      Another minor point...

      The website (at the last time of checking), generates 1.2 million Steem a day,

      STEEM's inflation rate has been changed to 9.5% pa. Many seemed to have missed this, STEEM is a lot more scarce than it was previously. Also the website doesn't generate STEEM it's generated from the blockchain.

      Also the Whitepaper is now woefully out-of-date... making it very difficult for people to keep up with where we're at including myself!!

      $0.12
      • Past Payouts $0.12
      • - Author $0.09
      • - Curators $0.03
      1 vote
      Reply
      [-]
       8 years ago 

      Also the website doesn't generate STEEM it's generated from the blockchain.

      Yes, however the website draws from the blockchain, so doesn't that amount to the same thing. Could I for instance, develop an app that drew generated Steem from the blockchain in the same manner as Steemit?

      Also the Whitepaper is now woefully out-of-date... making it very difficult for people to keep up with where we're at including myself!!

      Yup, so you can't blame people for telling it like they see it.

      I get very turned off when an idea can't be explained to me in simple terms, it usually signifies a badly thought out, or incomplete idea, or worse yet, an idea that is not fully understood by the people implementing it.

      Cg

      $0.00
        2 votes
        • and 2 more
        Reply
        [-]
         8 years ago 

        Could I for instance, develop an app that drew generated Steem from the blockchain in the same manner as Steemit?

        You mean something like the eSteem app?

        $0.00
          Reply

          Coin Marketplace

          STEEM 0.21
          TRX 0.18
          JST 0.031
          BTC 87411.33
          ETH 3222.65
          USDT 1.00
          SBD 3.09