Decentralized development is utopia. The only coin that has that is Bitcoin, and the bitcoin code is absolute shit. Bitcoin core did not have a hard fork for many years now, and this is what makes it sound money. Sound money shouldn’t change because of a team’s wishes.
Steem (or any altcoin) should never try to compete with bitcoin on this aspect. Every altcoin is centralized, even ethereum. When the DAO hack happened, they just rolled back the transactions and gave money back to investors. So they literally can do whatever they want with the chain, and people will follow Vitalik’s team.
What’s beautiful avout DPOS Is that we cam manage to kind of decentralize development up to 21 witnesses. However right now, all witnesses combined don’t do a tenth of what steemit inc is providing. Hopefully this will change.
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