RE: 100 DAYS OF STEEM : Day 22 - Friday Roundup & Friday Follows #3
Funny you should say that @pfunk considering that 90 percent of the transactions on the Hive blockchain are fictional. Go back, and look at any transaction from before March 20th. Since the accounts were all zeroed out, all of those transactions were effectively voided, though the blockchain still records them as occurring.
Where are the author rewards from this transaction? The hive blockchain says they exist. I can't seem to find them.
Just in case you forgot, here is the definition of blockchain from an article by Marco Iansiti and Karim R. Lakhan on the Harvard Business Review:
blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
It seems that 90 percent of Hive's transactions are not permanent thanks to the airdrop, so I would ask: which blockchain is "effectively destroyed as a useful blockchain"?
The transactions were recorded permanently. So were the witness votes, which decided which accounts were honored in the fork. and which not
Yes, yet the transactions are no longer accurate. If they were, I would have enough money to pay for two years of college (a pressing issue for me). We had over 55,000 Steem acquired from legitimate transactions. If those Hive transactions are to be taken seriously, then we were robbed of that stake.
Hive can't have its cake and eat it too my friend.
The transactions happened on steem. A fork is a break with changes, old rules get changed, new ones implemented. The rule for which balances move to the new chain excluded your account.
If you say so.
Yes the transactions happened on Steem, but are they still included in the Hive blockchain.
Those transactions are a part of Hive, and therefore fair game to criticize for being completely inaccurate.
It is not the rules that I am concerned about. It is the legitimacy of hive as a blockchain.