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RE: @officialfuzzy's BitClones! New Steemit Clone(S) for every language! (pending license from Steemit Inc.) -- A Golos Inspired Parody

in #steem8 years ago (edited)

I greatly appreciate your thoughts on the matter and wish you were part of their team so i could have at least a sense that this isnt a team just wanting 3 mil (or whatever they get) and 17% stake "because just trust us". Maybe your responses would make me a bit more trusting the motive.

As far as the centralization symptoms, the way their holdings are going to be designed and the way the ICO is designed, they could easily male this system very centralized.
For instance right off the bat many of the golospower from this communities sharedrop will not be easily able to find, upvote and monitor witnesses to ensure they are doing a good job (or using their power badly).
But cryptofund will easily be able to outcoordinate their small community (many of whom also will not be russian speaking as last i checked they are not making sure you speak russian to "invest". )
Additionally there is nothing, and i mean nothing keeping them from taking btc earned, mixing it and rebuying more stake in the system. In fact if they did that and didnt quite hit the 3 million "cap" (that doesnt exist in the first 24 hours mind you) then they would say "well we didnt quite reach the funding but we are going to support development with the help of the community. Thank you for the upvotes everyone" meanwhile multiple large user accounts actually hold large stake not directly connected to the team could upvote them unconditionally.

The opportunity for a fraudulent launch is high and their motives questionable...or else they would have just made an innovative chain that actually had merit beyond using discontent of a beta level product to get moey and power thrown at them.

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