Delegated Proof Of Stake

in busy •  6 years ago 

So, Ned Announced he is going to build a new APP. Destiny

A short time later he wakes up one day and finds out he is spending too much money on SteemIt, Inc.

He announces this prior to make a plan... Comes off as really unprepared and nervous.

All Witnesses/Developers and most others remain silent

Large stakeholders with the most to lose pretend everything is fine.

I guess that theory on this will work out because large stakeholders care the mostest. That's seeming like a dumb theory.

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They're scrambling in the back rooms for a way forward. What has changed, and what I miss from the time say 18 months ago, is that things are not being debated out in the open.

Clearly. Since we get curve balls like this.

Also, nice to see you getting relevant again too 😉 keep it up

I dunno, I think the market threw a curveball that no amount of back room discussions could have foreseen. Everyone relying on steem to power their projects has had to tighten their belt during this, and the more ambitious projects have been shelved to allow for things to remain functional.