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RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive

in LeoFinance2 years ago

Hmm yeah, it requires too much 'trust' in humans for me. Make it fully trustless, with no humans involved and I'd like to see how this works out.

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Yeah. We should probably hire a raft of otters and maybe a few ducks to handle this.

Lmao, a good algorithm being fully automated would probably do. If we are to trust the witnesses, I'm not in favor. If that's the only way(trusting witnesses) and users approve this, I hope it doesn't happen until the Steemit witness votes decay, at the very least.

I think that was the point Smooth was making, to develop something without human involvement or in a fully decentralized manner was an order of magnitude more difficult (if not near impossible) for the benefit.

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