RE: Using the fingerprint Model of MEOS for Steem?
I think this is a great solution if you can convience the user that your login data (fingerprint) is save. Since, I'm not a technical expert I don't know where the weak spot in this system as but history has proven that all security measure can be hacked or manipulated. But I thin for the general public this solution would be fine.
What I still don't like is the fact that Steem is heading towards a dapp economy and still we are all dependent on the one usecase blogging aka. Steemit.com to mine some Steem. I would rather like to see the whole POB mechanism in the SMT / Community layer and not as a base layer for Steem. Steempower should be only good for Voting on Witnesses, voting on worker proposals and maybe voting on dapps main accounts to allocate some rewards. All the discussion about Fingerprint login, reward curves, bidbots etc...should happen within the seperated communities so that each group can decide for themself what to implement and what not. Admins of these communities are responsible to implement such features but I'm against this when it comes to all the Steem Blockchain users need to have fingerprints.
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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.
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.