To fork, or not to fork, my proposal.

in theforkening •  6 years ago 

If you weren't here during the ~8 great days of the whale experiment, then i hope you take the time to talk to some who were.
@dan had knocked most of the rough edges off his design.
He had started removing the chock blocks that had insured that control was maintained during steem's launch.
That blocked bad actors using sock puppets from dominating who gets rewards.

The n2 reward curve is proof of brain.
Without it we get proof of wallet on the blockchain.
Don't you get enough of that in your workaday lives?

Proof of wallet insures that steem will not live up to its designed purpose, to usher in abundance.
Thanks, @ned, thanks a lot.

For those of you that wonder why ned broke proof of brain in favor of his own wallet, you must ask the ~70 stakeholders that have enough stake to make the n2 not work.
In order for proof of brain to build value for steem, those with more than 500mv have to limit their take from the pool.
Otherwise, only the accounts favored by whales trend.

The whales, mostly, may have gotten in early for a number of good reasons, but not many of them are ready to usher in a new paradigm, hell, most of them don't clearly see the one they are in, let alone ponder viable alternatives.

Not their fault, but they shouldnt be allowed to hold us back, any longer.
What started as their personal fiefdom's piggy bank belongs to all of us now.

We provide the real dollars, gotten through real work, that gives them their swelled sense of importance.
Time to pop their bubbles, imo.

Whatever fork brings back proof of brain, requires proof of keys for entry, limits voting weight to a sustainable level, and is led by other than immature, pompous asses, has my support.

No need to fork away anybody's stake.
No need for animosity towards those that hijacked dan's design for their own personal reasons.
Once the ability to spread the inflation is not in the hands of the fewest, the damage done by that corruption is at an end.
Let's move forward.
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I haven't got a clue what you're saying and I've been on steemit for two years but I know this - it has gone seriously downhill since about the time Ned began powering down - I don't understand graphs and projections but I can plainly see the eroding of a community and lack of real depth in comments and good original work in posts. I know because of the last couple of hard forks content writers are not rewarded and there's a lot of bots and circle voting. But regardless, something went south and as Dylan says, you don't need a weathervane to tell which way the wind blows.

Bring back proof of brain!!

Highly rEsteemed!

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Thank you.

A fork is the least desirable outcome, however, we may be left with little or no choice but to seek an alternative.

One of the best tweets I read recently was someone saying that if a coin can't be 51% attacked, then it is not really decentralised. Which made me think and understand this new paradigm we live in with blockchains.

There is no coercion, everyone is free to use whichever blockchain they feel is best for them. We see the same centralisation tendencies from Bitcoin maximalists. Why should someone who is new to crypto buy bitcoin? By using that blockchain, they increase it's value for the existing holders but receive little in the way of it's growth as they hold such a small stake.

The future will be full of millions or even billions of blockchains. Want a car loan? Launch your own token, raise the funds, buy the car and buy back the tokens and burn them each month to payback the token holders.

So for steemit inc to get all worked up about a possible fork, they seem to forget the basics of what blockchains represent. It is a permissionless system. We do not need permission to fork the code and start a new chain.

Is this the best thing to do in the bear market? Probably not, I think we should start the debate, do the groundwork, work out all the details and if 6-12 months time, steemit inc still dissapoints, we can activate the fork and who ever wants to can choose to use it and who ever doesn't can continue with the exisiting chain.

Lets not follow the way of the Brexit saga, which was all talk with no substance and now the UK is stuck between a rock and a hard place.

@kabir88

Yes, the next pull request should be locked and loaded before announcing it.
Preferably as a viable fork.

I guess you are not the only one thanking @ned as I also is thanking