Anyways, we know what dPoS is. dPoS is the law of power on the blockchain that says you can do whatever you can do just so long as you can get away with it. And you can get away with whatever you can get away with so long as there are not persons with more power to stop you. So what does this mean in real talk? It means that those with the most stake can act like despots and dictators on the blockchain while blaming their poor behavior on dPoS or the code, "which is the law." The thing about that whole theory is the entire notion that code is law works in reality too.
I would say more accurately that this Hive DPOS is "the law of power of multiple cartels, who mostly collude together to enrich themselves while putting on a good public face".
Ahh, well said, @truthforce! I think you have a deeper insight into HIVE's blockchain politics than I do, even though I am like one blockchain year older than you, which is about 70 in doge years. You crafty little whippersnapper! Where are you going!? Won't you help me reformat my phone? It doesn't change the channels anymore!
Call it CPOS. C for Cartel.
If the whales of Hive wanted decentralization they would power down and sell their Hive so more people could have access to it.
Well said, but I hardly think anyone would be zany enough
to sell at 31¢ per share. Tis why they should upvote more
and focus on drawing folks into the pretty blue light!
Made a post about this