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RE: Although subjectively downvoting posts to zero is anathema to me, the Layer 1 ability to do so must remain (for now at least)

Hi,

there is no binding contract between the founders/operators of this blockchain and the individual users.

Everyone is liable for their own content, as happens, for example, with the use of images and texts that someone publishes as the author. You are relying on statements made by individuals or on a paper that is considered a guideline but does not call itself a law, which the operators (or witnesses) would take legal action if it were disregarded. Basically, they have no authority to do so, as they are exempt from such obligations. You don't have a clear situation here, even though you might prefer that.

Since the nature of blockchain in relation to blogging is something entirely different and still new (compared to private blogs or other media channels where there are clear payment modalities), I think it is understandable that someone would not consider their post as a "draft" but as a finished result. Understanding the seven days as a "holding pattern" is quite a lot to ask, when opinions and reactions to a publication can and do arrive from minute one. (Also, marketing differs).

In principle, it would be wiser not to vote or comment on a contribution as soon as it is published, but only towards the end, in case the author still makes changes. But since the function exists from the moment of publication (including monetary incentives), most people consider their own post and the posts of others as "completed" and I don't know anyone who seriously changes their own piece so much that it would take up, for example, a change percentage of over 20 percent. I think, this contradicts your statement somewhat about the 7 days. I find it anything than simple.

I don't know what difference you make between authors and stakeholders. Everyone is a stakeholder, including authors. What makes you think they don't have a stake? Once you collect value in your wallet, you are already a stakeholder, aren't you? The moment you theoretically put yourself in a position to trade cryptos, you are a holder of cryptocurrency. So I would like you to explain what you mean by this statement? Are you referring to the operators of the servers, the determiners of the content regarding the hard forks, the so-called witnesses? Who exactly do you mean by stakeholders?

Thank you.


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there is no binding contract between the founders/operators of this blockchain and the individual users

You are absolutely correct. This is exactly what I am saying.

Since no such contract exits and never will. Consumers does not have any loyalty to the author/creators either. We can chose to vote what we like and how we like it.

I don't know what difference you make between authors and stakeholders

Everyone is a stakeholder. The difference is, how much stake is necessary to have a meaningful opinion in governance. Again the answer is subjective. There is no real number and its a sliding scale. I have seen people taking meaningful part in governance with 100K HP, and I have seen people taking no role in governance with 12M HP. But usually since this is a DPOS blockchain it is widely considered proportional to your powered up hive.

You can have a better understanding if you read the whitepaper.

https://hive.io/whitepaper.pdf

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Basically, they have no authority to do so, as they are exempt from such obligations.

Great point.

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