RE: What happens after a Chain Split?
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Absent from your assessment, one main criticism I hear from outside people is how the voting system of Steem is currently rigged in many ways. Shamefully, I cannot disagree.
If a fork happens, that reputation will grow and it will need to be healed.
I think a community fork will address this issue of fairness better than the Tron/Steemit fork (maybe I'm wrong).
Top down approach (Tron/Steemit) vs Grassroots approach (community). Hard to say which is better.
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Thanks a lot for your input. Both approaches are valid. But the community approach does need from ground zero the support either from the community itself to buy up or locks up their stake or investors (from the community or outside) they would be ready to buy the tokens from the community. Because that is the result of the economics from POB.
Already having a very strong community with a DAU of 100K would make it quite easy, but at the moment we don't have that number of users available and would need to build it up.
It would be rather easier to build a community without any rewards and having the right issue like "decentralization" than to be able to reward everybody from the beginning without having the fundings behind.
We will see what the future brings to us. :)
Yes.
Everyone is frustrated we had to wait too long for DAO and we are waiting longer for SMT.
I think using SMT wisely may resolve issue of rewards.
Dao proposals can potentially inject money into the popular communitied, projects and SMTs, and the reward pool can slowly be shut off (or send more % to dao).
Maybe some steemit steem can be delegated to community supported delegations (I'm not sure how it was decided before).
Hopefully trust can come again.