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How Decentralized Is It?

dramatoken

Published: 07 May 2020 › Updated: 07 May 2020How Decentralized Is It?

How Decentralized Is It?

Hive is the choice for decentralization, or so the story goes.

It is certainly better than Steem, currently being tightly managed by SteemIt Inc.

However, there are a lot of signs there are problems with decentralization here as well.

Top 20-50 Witnesses Rule Hive

The top 5 trending posts today, like many other days are from top 50 Witnesses

Every Approved Proposal is from a top 50 witness.

Several if not all of the top curation groups are managed and funded by the top witnesses as well.

This IS improvement over Steem, but is it desirable, and does it attract new users and investment.

That remains to be seen.

In the name of Transparency this account is owned by whatsup@whatsup. I am using this account as it does not receive many if any autovotes.

So, as we move another week closer to the initial power downs being over, I would like to hear from those already here...

What are your views on the centralization issues here? Are things better or worse than before the split?

If things feel centralized now how do you see that playing out going forward? Are there steps in place to improve that?

What is your personal experience, would you buy into Hive? Why or why not?

whatsup@whatsup, using the DRAMAtoken account.

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