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RE: Centralization often works better than decentralization
whether I should blog on Hive or Steemit (or both).
First, a lot of people have crossed the bridge and have decided to give both a trial.
Concerning centralization, the steem blockchain isn't centralized action taken on the blockchain requires a concensus. The steemit platform which run on the blockchain is being controlled by a company steemit.inc. Steemit.Inc can make changes without asking anyone on the platform, but requires a concensus to make any fork or perform any action on the blockchain.
Yeah - so, not entirely centralized, but still - as you explained, Steemit Inc can do quite a lot all by themselves, making it way more centralized than many people like, but I just wanted to show, that I don't really find that kind of centralization to be negative (at least, it doesn't have to be)!
If you will let me add. Except Bitcoin, most cryptocurrency blockchain project have a team which make the company centralized but not the blockchain