You are viewing a single comment's thread from:

RE: How much lower does it need to go?

in #steemit8 years ago

Steemit was meant to be a decentralized platform, but as long 30 whales and their minions consume 90% of the steem power; it's not decentralized and that's why it's failing!

Can you explain why do you think this is the reason?

I really do like decentralization, but it's not a miracle medicine that will cure everything.

I can't see much benefit of new blockchain project having lots of decentralization. New projects have to be able to develop quickly and that's really hard when everything is decentralized.

It's much better to keep the project mostly centralized in the beginning and when it matures, let the decentralization happen.

Sort:  
 8 years ago (edited) Reveal Comment