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RE: Navigating this Steem situation

in Project HOPE5 years ago

What is steem OG?

OG is a slang, it means original gangster. It basically represent the people who have been on Steem right from the start.

One thing that surprise me is the fact, that so many users are mentioning centralization/decentralization of steem blockchain. Previously to current situation this place wasn't decentralized at all. It was more like a democratic country, where almost all 20 major politicians know each other and collaborate and are part of one party. Only now we finally are witnessing some sort of decentralization. Wouldn't you agree?

There are varying degrees of decentralization. Pure PoS > DPoS > Central control. Because of Tron's move, we shifted from DPoS to central control. Now with the rally on the community we shifted back to DPoS but there are quite a number of witnesses that are still controlled by one entity, Tron. So in a way, we took a step back in terms of decentralization.

Uncertainty is definitely not going to do us good. However, this fiasco also kind of brought more attention to Steem. The crypto space is watching now, and a lot of lessons can be learnt for DPoS chains from this incident.

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