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RE: 100 DAYS OF STEEM : Day 33 - Tackling Abuse on Steem - Part I - What is Abuse?

in #the100daysofsteem4 years ago (edited)

Those, who want to leave steemit, will leave steemit after 13 weeks power down. Unnecessary centralised intervention will make steem non decentralised. A quick power down can solve all problems. In Schelling point of game theory, avoiding collision becomes primary decentralized objective. A war cry will make the situation worse.

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Steemit is an incorporated entity owned by Justin Sun. Has promoted decentralization in the past, but otherwise has nothing to do with it

Steem used to be a decentralized blockchain. After the successful 51% attack and evacuation of previous developers and witnesses, consensus is now controlled completely by a single actor - Justin Sun via the dev365 account. That's not speculation, anyone looking at the blockchain can see it

Essentially, steem is a social network with a token reward. That can still be a successful system, but it already has nothing to do with decentralization

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