RE: When Is a Blockchain no Longer a Blockchain?

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My take is that Steem was not a "real" DPOS Blockchain the very first moment the community had to rely on Dan and Ned's commitment to not using the voting power of those initial mined tokens when the chain was a POW one. They could have done what Justin did and the result would have been similar. That is the reason Hive had to be born without that jeopardy in order to be a real DPOS chain.



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Interesting perspective. Yeah, that stake was always a very real threat. I also think there's more work to be done. I've had some really interesting discussions participating with P2145 - Standard for Framework and Definitions for Blockchain Governance and, in particular, thoughts about the role of reputation in decentralized governance systems. That might be the key to make this stuff actually work.

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