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RE: Steems only true success

in #steem5 years ago

Great video - spoken from the heart. Not much more that anyone could really disagree with!

I (and I bet most others) share your concern about the degree to which the ongoing operation of the STEEM blockchain appears to be tied to Steem Inc.

A burning question I have right now - that I don't think I've seen be directly asked or answered - is:

If say the lights went out at Steem Inc tomorrow, would the lights also go out on the STEEM blockchain too? Would it be game-over from where we stand right now?

I saw Ned talk about the need to push out the operation of the nodes and the APIs to the wider community but it seems that this hasn't happened (yet). I'm not a techie so I may be stating the bleeding obvious but it seems like this point is being skirted around....?

As you say, we are overly reliant on Steem Inc at the moment which is completely at odds with the idea of decentralisation.

It would be great if you or someone could help answer the Q of where we are right now if STINC went under before we had time to 'settle the ship'.

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as long as we have full nodes running the answer would be no... the blockchain would stay alive, all the info would be in there...

Now, Steemit.com would probably go down too, but any front end that is using their own node, or using an active full node would be able, in theory, to carry the torch.

So to answer the question especifically:

  1. As long as we got full nodes, no (Anyx is running one, but he's not the only witness doing so)
  2. As long as there are witnesses signing blocks, no.

Appreciate your response @meno.

So to clarify (and apologies for seemingly putting you on the spot - anyone else feel free to chip in!):

Do we have full nodes operational today sufficient to keep the blockchain operational without Steemit Inc's involvement?

Most dapps would probably be down for a few days, while they adjust and what not. Some I'm sure would cease operations all together. For example, steemit.com would probably stop working, but it's possible that busy, steempeak, steeve and even partiko would adjust and continue working afterwards.

Posted using Partiko Android

Thanks @meno - this makes sense.

Posted using Partiko Android

I'd love to see the reply on this.

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