@steemchiller, this is very disappointing! What's that, newbie's talk?
The Steem DECENTRALIZED blockchain worked exactly like it was supposed to... with the consent of the community.
In fact, at any time community could've voted out witnesses with a conduct contrary to the principles of this blockchain.
But this did not happen and indeed they have had a greater consensus from the Steem Community to the detriment of those who tried a hostile takeover.
The takeover occurred after the freezing of his account. Consent of community? THe witnesses did not talk to the community. We didnt even get a chance to see what Justins intention where going to be. He was just another big whale with 20%. Not a majority.
There was no need to do it before.. but this circumstance has shown his true intentions.
Witnesses who had supported the SF could be removed by the community, but the opposite has happened. I repeat, they have had a greater consensus from the Steem Community on the occasion of the second SF (0.22.5).
This consensus is composed of which whales? The consensus is also based on misinformation. THe circumstance shows the reaction. Did blocktrades use costumer steem?
LOL. Don't just assume that community consists of foolish and ignorant. You rather... Why don't you write with your real account instead of hiding behind a fake username?
As far as I know, Blocktrades does not hold customer funds.
I think I read at some point that Steem was powered by "Proof of Brain" ...
the wider communities influence over the top twenty witness selection is virtually non existent.
The witnesses are controlled by a handful of accounts.
steemit only has the appearance of decentralization. In reality it is an oligarchy
I don’t think a person that at this point still confuses STEEM and steemit deserves a detailed answer.
LOL You seem confused.
Your reply is hilarious because even using Steem would not be that great, a better term would be 'Steem Blockchain' in many videos people refer to it as the Steemit Blockchain and nobody cares.
If you are unable to defend your own argument its better just not to respond.
Better to be thought a fool than to respond and remove all doubt
In fact you have removed all doubt.
A little hint:
then try with fake witnesses: where do you see a community consent?
Thanks for sharing the wonder of SteemPeak that is really cool. I had only had a quick look previously
Anyway, you are ether confused or deliberately twisting what I said. I know that crap works on so many people so I guess its worth a shot.
What I said was that it is only a hand full of people that determine who gets into the top 20
We all know people are stupid, just look who got elected into office in the US. The key difference here is that we have Stake based voting for witnesses. Not one person one vote. Its an oligarchy not a democracy.
If it were a democratic system Sun would not even be able to get one witness into the top 20 lol
The system is deeply flawed
Well, at least our little talk made an impact. :D
Other than that, you and I take a different view on that one.
I have been trying to upload images on my profile and Steemit would not let me. It went up right away here. I am so grateful cheers
Yes we do have different views and that is what i like about talking with others. Its gives us the opportunity to consider new things and I do find myself changing my mind and occasionally others change theirs : )
On this we agree ;)