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RE: Community Token Talk - Daniel Larimer "I invented Hive"?

in Threespeak3 years ago

Just because you build a race car and theorize how to drive it doesn't make you a good race car driver. BTS started with no premine/ico, as far as I'm aware. Dan walked from there to then have a ninjamine on STEEM. From there, he went to EOS to do both a premine and ICO. As far as I'm aware, the guy knows how to build amazing cars but what he does with them in practice is questionable. If you know DPOS, coin voting, then you would not partake in a premine/ICO if you're goal is a sustainable decentralized ecosystem.

What Hive is and has become is above anyone's head. You have to be a "master" at so much to understand the entire concept and how it works in both theory and practice. So far, Hive is as censorship-resistant as anything else out there. So whatever we are doing, we are doing it OK if the goal is to be sovereign.

I have great respect from Dan L; I've listened to all of his interviews, anything he ever spoke or written I've consumed (I need to read his latest book tho) - But I disagree with the fact just because you code something you "understand it" in practice.

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And that's to say, the one project that "split" away and actually has a chance to prove DPOS works in the real world he isn't a part of that much, if at all, Hive. So, not sure what his end goal is, but it's damn obvious what this communities goals are, to remain with a healthy level of decentralization.

Ninjamine/Premine on coin voting is like tying someone's legs together and then claiming they can't sprint and that legs are useless. Let's see what real coin voting can do that does not involve a centralizing founders stake. Dan L has literally given no time for this idea to work; with BTS, the mining went to all one group of people, and the very high consensus count made Sybil attacks easy. We learned a lot from BTS, and now Hive is set up to do this thing right with several distribution points, no premine, and an even token distribution (comparatively)

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Agree on this as well