RE: Thank you everyone who value my contribution to our collective HIVE Twitter movement and voted for my little DHF unfunded Proposal

avatar
(Edited)

You are viewing a single comment's thread:

only few privileged people can get funded from DHF

HIVE run by one group of people and if you're not part of this group then your contribution won't be recognised regardless of how much potential value you're bringing into HIVE Network

We are pretty much Centralized then !!! Can you share a link to the proposal, just want to ensure, I have voted for it.



0
0
0.000
2 comments
avatar

Not centralised, but the nature of a dPOS system is that a the largest stakeholders will have the biggest say.

There are 20 consensus witnesses who are all independent people or companies.

Do they vote a lot for others in the top 20 group? Yes.
Do they each provide a lot of value to Hive that justifies this vote: Yes.

Is it possible for new witnesses to rise up the ranks and get into the top 20: Yes.

Leo Finance is a great new addition to Hive. But it is quite new.
It has done well to get to 33 and is rising all the time.

But it is a new kid on the block and needs to prove itself with time.

Every Top 20 witness has been witnessing for at least 3 years.

It is a good thing that change in Top 20 witness ranks is slow and new witnesses have to prove themselves.

0
0
0.000