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RE: Dporn, the First True User-Generated Content Litmus Test for Steem?
That’s the beauty and the beast of decentralised networks. Nobody would be held liable. It could probably work out similarly to Steemit - a community or “elected leaders of the pack” will have administrative roles and block or ban bad content. Would be a humongous amount of work of course but...there you go... decentralised :)
What do you think could be the impact of decentralized on the value of STEEM?
If all of a sudden all copyright holders, their mega legal teams, and then also judiciary cases like revenge porn copyright issues (and lack of removal) pop up every day?
Decentralized is cool if you're the pornhub fighting Brazzers and other mega libraries. Not necessarily though if you're a stakeholder.
Apparently you are unfamiliar with how the blockchain works. Every upload is preserved in a publicly auditable ledger, meaning DMCA and court orders can be applied to the actual parties that violated the law.
Each person would be held to account for their... account.
On top of that, what do you think would be done about a network that could be claimed to facilitate 'criminal' activity?
Steemit, Inc. is not decentralized, and is utterly available to be held to account.
If you think a decentralized blockchain can be immune from government authority, you haven't looked at China's great firewall very closely, either.
Apparently you don't grasp the issue.
Holding Steemit accountable, as an interface to the blockchain, doesn't remove the content. DMCA can not be applied to the an undeletable ledger. The content stays on the blockchain.
If you read between the lines, I'm basically saying that all typical user-generated content pitfalls will hurt the Steem.io ecosystem and valution as such. Unlss the dcentrlized blockchain introduces new mechanics to deal with those possible pitfalls.
It's quite possible to remove content from the blockchain. The blockchain is just code, and the witnesses are the ones that post it. Code is infinitely mutable, and if the witnesses agree to do it, blocks can be deleted.
It would only take 51% of them to agree. Less if the blockchain is severed physically, as in firewalled in half. Then it would take as few as 34%.
Too many ifs.
It's all ifs, all the way down.