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RE: Using the fingerprint Model of MEOS for Steem?

in #steem5 years ago

wow nice points. I'm no expert either, if communities can exist uncorrelated of the base layer, this would definitely be beneficial due to diversity (which also contributes to the robustness of the system).

You are right there is the same security issue as with hardware wallets. It can tamper, when you buy devices from Amazon there is no guarantee that its still in factory mode. But as you said, it works, when one combines it with the master key, its as safe as Steem.

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I hope that this idea finds more support because I'm sick of all this reward curve and abuse discussion. It effects the whole Steem Ecosystem which is not necessary if we all decided that the Steem Base layer is free of POB and only communities and SMTs are in control of any implementation that fits best to them.
Competition between all communities should lead to an overall better user experience and this would also give us a good reason to reduce the inflation produced by the reward pool.
If on top we get RC markets than we have some real value and transparency on why to hold Steem / Steempower.

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