All consensus systems have centralization challenges, including PoW and PoS.
Fair statement. Bitcoin's 60% hashrate coming from China is a centralization of the chain in my mind. That is why I do believe that in POW systems you do have to employ something like RandomX or some other asic-resistant approach.
For some reason? Like, maybe that’s the ENTIRE POINT OF BLOCKCHAIN CONSENSUS security models?
We agree on that. We're decentralization bros, okay. I care about that too. But, if we want this stuff to be used by everybody on the planet we have to accept that they will either not get decentralization, not care and likely both. What they will care about is people forking their blockchain with all its data and going around saying "we are the real one" because that's a serious problem.
I'll elaborate on my point here in reply to the last quote.
Those who are actively attacking a chain and centralizing it are a threat to the value of that chain.
That is actually my whole objection with what thought leaders and witnesses of Hive are doing on Steem right now. I respected the reasons for the fork and accept that it means a new competitor against Steem but the Hive "bees" are going beyond being competition. They are violating nearly every rule they would have people follow on Hive. I disliked Justin's actions, but two wrongs don't make a right. There are people other than Justin to consider here.
Demonstrate the blockchain characteristics it still has according to its DPoS consensus algorithm?
If I am misunderstanding what you are getting at feel free to point it out. But I believe I answered this in the previous comment I made. I'll try again.
I am not aware of the actual code being gutted so that it is not a blockchain. Blockchains can be private or public. According to the US senate Steem might never have been a "public blockchain" as Libra plans to have 100 validators vs. Steem's 21. Now, you might argue that the voting aspect changes that.
However, what makes something decentralized? Justin is a single party, but I remember when Aggroed pointed out that he was the only top witness that got there without the Freedom vote. Freedom is one entity and was largely the decision-maker on top witnesses. Smooth also had influence, but the actual influence over the chain was largely controlled by a small amount of participants, with nearly everyone else having an insignificant amount of influence.
Some might try to argue that three parties is decentralized, I strongly disagree. Now, there is a solution here. Polkadot worked out a method to even the scales by combining both stake amount * stake lock-up duration to arrive at a party's total influence over network governance.
In my mind, DPoS was always centralized. The hope was that as whales bought lambos and vacation homes governance would gradually get divided by an ever larger community of people.
What I do see is cognitive bias from those who can’t let go and face reality.
There is another way to look at it. This split was only bad for both communities. Before Justin arrived Steem was a sinking ship with a hope that SMTs and Communities would turn everything around. I doubted that SMTs were going to do much more than create a decent one-time pump.
Justin didn't help matters, but some of us hoped he would solve the key problem of Steem: marketing. Didn't turn out. But marketing was and is the solution.
Now we have two communities at war with each other. The original community is fading in popularity as the new community has a steep uphill battle to obtain brand awareness, web ranking and adoption.
Steem and Hive are not the only competitors and this war between the two opens up an opportunity of the myriads of new projects building decentralized social platforms.
Its easy to say that Hive is the "new Steem" and claim the other side has the cognitive bias. But is that true? I've paid attention to the powerdown/up data of the two chains and it is not abundantly clear that people are selling their STEEM to buy HIVE in mass.
Some people are doing it, while others are definitely not doing that. We're not seeing a mass exodus from Steem to Hive, we're just seeing a mass exodus. Some are selling STEEM for HIVE, some are selling HIVE for STEEM, while others are selling both for something else like Bitcoin.
Thanks for taking your time to chat with me on the topic. We're not likely to have a meeting of the minds on this, but I'd like to see the two communities and varied opinions share in civil relations. Hope you're having a nice day.
Hey @hobo.media where can I find help with a 3speak issue?
About to buy some SPEAK tokens with HIVE and the PAY button isnt going clicky clicky
What am I doing wrong? Who should I be asking? Thanks!
You might get in contact with @threespeak about that. I'm sorry, but I am not that familiar with 3Speak's features and can't talk you through it. I'm sure someone on their team can assist.
That is great thank you!
I reply to your comment with this post here;
I think we need to find balance and synthesis.
https://peakd.com/life/@darkflame/the-eternal-tao-of-hive-and-steem