RE: Idea on how to save Steem & Steemit......and put it back on track for reaching it's potential
Thank you Steemtruth, I really appreciate your support.
All I'm aware of is the statement made in the Steemit.inc 2017 roadmap;
Decentralizing Stake
The Steemit, Inc.-controlled primary account, @steemit, which holds approximately 41% of
the platform’s Steem Power, will be gradually divested of its holdings in an effort to increase
promotion and development of the platform, and this distribution shall further the platform’s
security through decentralization of voting power.
Several methods will be employed, including and not limited to: funding the continued
research and development of steemit.com, the Steem Blockchain’s first and best application,
promoting and publicizing the Steem Blockchain and features, hosting highly available
services for platform users, sponsoring conferences and community gatherings, and
sponsoring undertakings to build applications and increase user adoption across the entire
ecosystem.
This will likely be a multi-year process, but is included in this 2017 Roadmap for the sake of
clarity and understanding surrounding our organization’s plans and goals.
We have several very large initiatives currently in research serving this goal, and the
community should expect further announcements later in the year regarding our firm plans as
it yields fruit.
Ultimately, the goal is to harmoniously align the interests of all participants across the entire
spectrum of people using and trading in STEEM.
I have massive issues with this because A) The focus and implementation of their divesting strategy is not good enough B) It is not happening anywhere near fast enough C) The community isn't central to the decision-making process D) There is no accountability
Abuse of the daily inflation and the centralisation of SP is the greatest threat and it is not being addressed in any meaningful way.
That statement does not mention delegation? That is something that could be utilised almost immediately and it would not inhibit the stated goals. In fact it would help it without even divesting.
Did we receive another announcement or are we waiting?
A) what would you like to see added or removed?
I think they powered down 7 million Steem a few weeks ago. Do you know what it is being used for?
I wasn't fully across this matter but I know a lot more now thanks to you!
I understand that they are supporting some projects and individuals with delegation....@surpassinggoogle and @misterdelegation
I have no idea what they are doing with the Powered down Steem.
Primarily what I would like to see is an absolute acknowledgement that the Steemit.inc account was, is and will always be a community resource that Steemit.inc is temporarily providing custodianship for.
Then acknowledgement that the steemit account could be far better utilised for community benefit than it currently is, most importantly in the area of abuse moderation, secondarily in the supporting of positive curation for a broad selection of interests/communities.
Then absolute commitment to a strategy for implementing a community driven and controlled effort to delegate SP to community elected abuse researchers/moderators acting according to community derived guidelines.
Then absolute commitment to a strategy for implementing a community driven and controlled effort to divest the steemit.inc SP into the hands of community members that are earning the rewards by adding value to the Steem community according to community derived guidelines.
I would expect clarity on exactly how much stake all that would involve and I would hope it included at least 90% of the steemit.inc controlled SP which includes more than just the steemit account.
I'm not asking for much am i? Lol. The only reason i'm asking for this is because I believe it is the only way Steem and Steemit will survive. If we don't make a decisive effort to ensure Steem's survival, then all this will only ever be an experiment that was able primarily to enrich a handful of accounts that were early adopters or accounts prepared to exploit it's flaws.
You make some excellent points and I don't see anything unreasonable.
One potential issue that I see with divesting so much Steem is that anyone with a lot of money e.g. a bad actor or actors could buy a lot of it and we may end up in a worse situation?
We do need a plan and some certainty.
So the plan for divesting is urgent, but there is no need for the actual rate to be any faster than the time it takes to genuinely earn combined with a strategy for ensuring market stability. There are future steemians talents out there who need time to join in and earn some of the SP.