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RE: Who likes hard forking?

in #steem5 years ago

Appealing to centralized entities and securities instruments which are not based on voluntary association and are in fact legal claims on real world assets (of which decentralized blockchains and cryptocurrencies are neither) is at a minimum a seriously flawed analogy. The only question is one of degree in how flawed.

Agreed. Which is why my previous paragraph stated that it is less clear in the case of two viable branches. But DPOS is also different from other blockchains in the regard that stakeholders other than miners/witnesses have an on-chain voice in which fork gets selected. (unless the fork were to reset that mechanism too...) Flawed though it is, I think it's a useful analogy to consider when casting one's witness votes.

The complexity that you accurately highlight in the rest of your reply is the reason that I'm scrutinizing the witness statements so carefully. Risk and uncertainty abound in the cryptocurrency space, but I'd prefer not to vote for witnesses who (in my own estimation) are prone to increase those aspects of the ecosystem.

Which reminds me... Thank you to you and other witnesses for posting these statements. I should have said that in my first reply. And thank you for your additional dialog, too.