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RE: Vitalik Buterin Dismantles Dan Larimer's Claim Of Decentralizing Steem

in LeoFinance4 years ago

I don't think you failed in your communication. I learned something from your response for sure and I honestly know very few details about Basecamp.

But it seems we are going in circles. Engaged is important because Steemit did exactly what you just proposed. It's only from that engaged part of the community who were larger stakeholders that HIVE exists today.

It's true from a corporate perspective that "Exit to Community" means opening the source code to everyone. But the real success of the "Exit to Community" depends on an engaged Community.

From a corporate outlook, that's a scary proposition. On the other hand it gives HIVE the opportunity to become an online entity unlike anything ever seen before.

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In our little world engagement is very important, yes. And engagement also leads to an increased sense of ownership. Here, thanks to stake, ownership is even an integral part of the game.

I totally agree there.

But I think the original concept referred to was in relation to startups (a startup is a product seeking for a replicable revenue model). I'm not sure anymore that blockchains are startups, especially not blockchains like ours (and ETH) which aim to build true alternative economy ecosystems. I know, I know... semantic pedantry lol. Guilty as charged. :D

In the decentralized world we have "Exit to community"... we fork our own continuation chain. Hive is one of the Exit to Community prototypes, albeit one initiated by the community and not a common venture process. Vitalik saw it happen when ETH Classic decided to continue the ETH chain complete with hijacked DAO funds.

!ENGAGE 50

Thanks for that. 😁

"You know what happened to the boy who suddenly got everything he ever wanted?

He lived happily ever after".

~ Willy Wonka & The Chocolate Factory

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