Viewing a response to: @borislavzlatanov/re-brianoflondon-rt7u1d
Yes, that's a finer point which he doesn't get and which I probably can't get across to a closed mind. The 17 are ELECTED and can be un-voted pretty quickly if any of them show signs of wanting to do something bad or that they've been taken over. We know this, getting others to see it is very hard but I'll try to include this when I answer the question in future.<div><a href="https://engage.hivechain.app"></a></div>
| author | brianoflondon |
|---|---|
| permlink | re-1681892433113 |
| category | lightning |
| json_metadata | {"app":"engage"} |
| created | 2023-04-19 08:20:33 |
| last_update | 2023-04-19 08:20:33 |
| depth | 2 |
| children | 18 |
| last_payout | 2023-04-26 08:20:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
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| body_length | 456 |
| author_reputation | 761,686,874,653,992 |
| root_title | ""Hive is a centralised shitcoin parading as decentralised. It's all smoke and mirrors bro." - 3j2009 on Nostr" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 122,691,364 |
| net_rshares | 11,485,755,912 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| borislavzlatanov | 0 | 11,485,755,912 | 100% |
This is the answer I was looking for as well, *in part.* He also makes the point that stronger votes come from users with more voting power. To my understanding, if there's one whale who holds an extremely large amount of voting power compared to other users, they can influence the witnesses in their favor. I also understand that there's an upper limit to much Hive Power one can hold at a time, but let's say someone buys in to that max right now and takes advantage of it to vote for witnesses that would do his bidding. How would that type of scenario be resolved to avoid a Justin Sun recap? I ask this because if this can be avoided, then this is true decentralization; I'm just not aware of the mechanism.
| author | freecompliments |
|---|---|
| permlink | re-brianoflondon-2023422t42625152z |
| category | lightning |
| json_metadata | {"tags":["ecency"],"app":"ecency/3.0.31-vision","format":"markdown+html"} |
| created | 2023-04-22 08:26:27 |
| last_update | 2023-04-22 08:26:27 |
| depth | 3 |
| children | 17 |
| last_payout | 2023-04-29 08:26:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.562 HBD |
| curator_payout_value | 0.562 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 714 |
| author_reputation | 355,007,279,723,833 |
| root_title | ""Hive is a centralised shitcoin parading as decentralised. It's all smoke and mirrors bro." - 3j2009 on Nostr" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 122,786,349 |
| net_rshares | 2,111,937,325,596 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| brianoflondon | 0 | 2,111,937,325,596 | 50% |
The more one learns about the characters of the more active whales around here, the idea that anyone of them or an external force could organize a truly significant share of the voting power to take over, is not very likely at all.<div><a href="https://engage.hivechain.app"></a></div>
| author | brianoflondon |
|---|---|
| permlink | re-1682415417360 |
| category | lightning |
| json_metadata | {"app":"engage"} |
| created | 2023-04-25 09:36:57 |
| last_update | 2023-04-25 09:36:57 |
| depth | 4 |
| children | 16 |
| last_payout | 2023-05-02 09:36:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 321 |
| author_reputation | 761,686,874,653,992 |
| root_title | ""Hive is a centralised shitcoin parading as decentralised. It's all smoke and mirrors bro." - 3j2009 on Nostr" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 122,876,073 |
| net_rshares | 0 |
Based on what I've seen here over the past few months, I do agree that our current whales are protective of Hive. However, is there an actual mechanism in place to prevent something like this from happening in the future? You never know who will come in or when. It already happened with the ... steamy version of the platform. Having the protective mechanism in place is vital. As long as there is one, then it's set in stone and nobody can argue with the fact of decentralization, rather than stay reliant on "not very likely at all," a.k.a. Living on a Prayer. 😉 P.S. I say this as someone who is now quite literally *very* invested in Hive and will not be leaving in the foreseeable future.
| author | freecompliments |
|---|---|
| permlink | re-brianoflondon-2023425t121540323z |
| category | lightning |
| json_metadata | {"tags":["ecency"],"app":"ecency/3.0.31-vision","format":"markdown+html"} |
| created | 2023-04-25 16:15:45 |
| last_update | 2023-04-25 16:21:09 |
| depth | 5 |
| children | 15 |
| last_payout | 2023-05-02 16:15:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.121 HBD |
| curator_payout_value | 1.121 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 696 |
| author_reputation | 355,007,279,723,833 |
| root_title | ""Hive is a centralised shitcoin parading as decentralised. It's all smoke and mirrors bro." - 3j2009 on Nostr" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 122,889,186 |
| net_rshares | 4,125,761,296,457 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| brianoflondon | 0 | 4,125,761,296,457 | 100% |
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