RE: Come to Steemit.com to discover the best content on the internet ... and make money commenting!!! by charitybot

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· @charitybot ·
Can't the "community" only do so much considering witnesses determine what fork or patch to run and their rankings are completely determined by which whales vote for them, so clearly the witnesses would never have an incentive to run any patch that doesn't have at least a few ways for the whales to continue to direct the reward pool towards themselves in an efficient manner? And it's not like the witnesses would want to run any version of the blockchain that would scare away large investors in the first place even without that being true, so until whales stop wanting their cake in the immediate we will never see an end to any of this.
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@netuoso ·
As a witness your assumptions don't fit my opinion. I'd gladly run a fork that had sensible changes that had been researched and outlined
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@charitybot · (edited)
That's good news, but sadly I think anyone with a killer winning formula is going to go with their own coin/chain as far as anything with a sensible economic model goes. Steemit is a great case study on how not to make the economy of the future though, so there's that. Target inflation of 0.5% might as well be deflationary, and authorship/curation having different payout mechanisms needs to be addressed. Has anyone proposed a fork where they both give the same payout options?
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