RE: Why I won’t be compromising with Justin Sun by novacadian

Viewing a response to: @blocktrades/q7aui3

steem · @novacadian · Mar 17 '20

>Formal announcement from group with snapshot date for airdrop will be announced tomorrow.

Starting a new chain built on theft will not be great karma in my opinion.

https://steemit.com/steem/@novacadian/q7c831

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@blocktrades · Mar 17 '20

There's no theft: Steem will still exist and so will those tokens. This is a voluntary movement by people who don't want to support the value of those tokens, when they were promised for development and people made decisions based on those promises. 

This is one of the true wonders of blockchain technology: it allows people to freely associate, disassociate from those with differing principles, and reform as a group again, all on a voluntary basis. At the end of the day, the value of the coins on both chains will be determined by the values of the supporters of each coin.

👍 novacadian, traducciones, hashbrownhustla

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@sacrosanct · Mar 17 '20

@blocktrades Please take care of two things:
- Make the new coin scarce. Much lesser supply than steem will look good.
- Too much inflation is not good, make it reasonable.

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@novacadian · Mar 17 '20

Well an arbitrary decision is being made as to whose tokens will be brought over and whose will not. You are bringing more baggage with you. STINC was not the only Ninja Mined coins. 

With your proposal @freedom will have more influence with witness placement than ever before and @berniesanders will be an ever bigger bully in the new pond to name but a few.

If you are learning from past mistakes of the DPoS experiment then my recommmendation would be to leave the old baggage behind. Perhaps start all existing accounts off at 500SPs. 

It's your project so your call. It just has no interest to me to get rid of one bully and raise up others. A level playing field seems the way to go for true decentralization if that is your *true* goal. My guess it is not. Just have to wait to see the OpenSeed has to offer. Maybe the best of all chains by allowing one to come and go among all the splinters of the STEEM community.

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@argsolver · Mar 17 '20

$1.26

>If you are learning from past mistakes of the DPoS experiment then my recommmendation would be to leave the old baggage behind. Perhaps start all existing accounts off at 500SPs.

That sounds nice but it doesn't work as well. The new blockchain needs the financial support of some whales, else it fails. Because someone has to pay for equipment.

@blocktrades already said he is working on a better REP system. My guess is the the new chain as a "carbon copy" of the current STEEM DPoS implementation is just the start.

The implementation and even DPoS itself should evolve from there.

They already are aware that without further development it will fail. This very blog post says so.

👍 blocktrades, novacadian

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5 replies

@berniesanders · Mar 17 '20

$3.49

https://media.giphy.com/media/jnQYWZ0T4mkhCmkzcn/giphy.gif

👍 xxxxxxxxxx, ngc, z8teyb289qav9z, ozchartart, sirvotesalot, berniesanders, novacadian, thecyclist, patrikcooper, jessicaalex

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1 reply