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RE: Ain't No Sunshine

in OCD5 years ago

Yeah, it is a funny old place, but the stake was slowly spreading further out. It is a pity it was used in this way and the exchanges have a fair bit to answer for in my opinion, as I don't think staking coins and voting is their normal order of business.

While I know that only a few accounts had the majority of say, I think that even that was "relatively" decentralized as that stake was often spread across competing individuals and some of those who actually give a crap about Steem.

Interesting times.

!ENGAGE 25

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yes agreed on the "relatively" decentralized, and particularly in comparison to Tron takeover. I think one of the saddest things to come out of this was Binance CEO saying that a DPoS blockchain having rules in place to prevent exchanges from voting would be grounds to deny the listing for new applications. This is a very real concern for any DPoS chain, not just Steem. Pretty disappointing to see the largest player in the space say they wouldn't even list a project that had a safeguard in place to prevent exactly the SNAFU we just saw.

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