You are viewing a single comment's thread from:

RE: Clarifying my decision not to support EOS-related posts and witnesses (100% of post rewards donated to curation initiatives)

in #steem6 years ago

I understand this perspective, but I don't see the cryptocurrency space in the same light as business or law. Many people are very, very frustrated with the legal system (war on drugs, victimless crimes, new jim crow, etc). They also see the problems of multinational businesses which work so closely with nation state governments as to become indistinguishable to them (regulatory capture, revolving door politics, lobbyists writing bills to regulate themselves, etc).

I don't think these concerns apply to block producers because of how the motivational incentives for DPOS function. The job is clearly outlined, and I don't think there is room to manipulate one way or the other without directly being removed from the position by voters. I guess I'd like to see some more concrete examples of what "potential conflicts" exist within this specific DPOS system.