RE: It's Time For HIVE to Pivot on Anti-Abuse | Focus Group Anyone?
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This is the core idea, and it is mostly being distorted by the steep distribution of power. With a flatter distribution of power, this idea of the community self-regulating could mybe work.
I am not sure if this can ever be fixed; powerful actors would have to give up their power.
Like in real world, it e.g. would need a power-cap. It is bizarre that someone here has 1000000 x the power than others. Quite a reflection of the world out there...
In my opinion it is absurd that we have to talk about policing in that way.
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Hive is getting more and more distributed all the time. The proportion held by Whales is always decreasing.
But there will always be variation in HP. It reflects commitment to the platform over time.
Those that have committed more (time, money and skill) to the platform will have larger holdings than those that have only a passing interest.
This is how it should be.
But should larger holdings (and profits!) equal larger power? And if so, to an unlimited extend?
I am not sure about the numbers, but right now I would guess that the distribution is not unsimilar to the one of wealth on the planet. Very very very uneven.
I think that there is a way out of this dilemma, but for this we all should admit that Hive as an experiment of maximum decentralisation has failed, and move on from there.