It's a short read don't worry.
It's hard to ignore the currently biggest move yet, on the Hive Blockchain.
voting on the return proposal has doubled the requirement of stake to be accepted for hive community funding.
Folks in the crowd are pointing out how this illustrated stake power is centralized to just a very few. I think this further illustrates how much of an importance it is to have more people stake up. However, this is not the main point of this post but certainly something to keep in mind.
Does raising the bar for dhf approval raises the expectancy of accountability for those making proposals?
That's the question I have in mind.
It was thanks to reading one of 's post on the lack of accountability that
was demonstrating that led me to support the return proposal. And thus I don't see anything wrong with
voting on it, because now that bar has been set higher, blocktrades alone even if he voted for the value plan proposal(which was basically the main supporter), would require much more approval from the rest of hive community to make it to approval.
It is no secret that the leaders of has shown incompetence and lack of accountability for using hive's community resources. Their whole project was essentially to use hive public funds to promote hive itself.
How they planned on doing that was through buying not one, not two, but three rally cars, a bicycle who's maintenance is so expensive it had to come from the future, thousands of funds unaccounted for from lack of invoices and reciepts, and when asked about how these funds are being truthful being used all we got was a rude: "Stop bugging and just trust us bro."
If only they would have complied with common sense and reason they wouldn't be getting flak for it. Not the type of accountability one would expect for using community funds. Show the public how you are using public funds. Show transparency and regain the trust.
But like everyone knows, once trust is lost it is harder to gain back.
Here's an article about why accountability is important if you still want to blindly believe is in the right for withholding crucial information:
40+ reasons why accountability is important
In other related news to the changes of the bar, other projects that have shows accountability and positive returns for hive such as Hivesñ's little woodpeckers are thrown under the wheels as well due to this big move by blocktrades. The HBD stabilizer, Hives keychain and others are but a few that seem important to me to have above the bar.
I hope that these changes are positive to give infrastructure of hive and
it's token price. I would like to be able to see a down vote option for each proposal and curious to see how that would function in the long run, but with hive stake concentration being centralized to a few accounts is a rise for serious concerns. I would like to see hive move away from plutocracy and move towards decentralization but to do that, you dear reader need to stake more hive.
Incase you missed it:
An unfortunate event has occurred to 's account, as it has been hijacked and is now being drained of all stake at this moment, and with absolutely no way of retrieving the lost keys even from the recovery account because it too has been hijacked.
If you wish to support Ben(originally known as ironshield) for his losses then follow his alternative account: .
Meanwhile I recommend to go through the hijacked account and Down vote what remains of rewards of every post and comment.
As for Ben I recommend to go make a proposal for what was lost. It couldn't hurt to try imo.
Let this be a reminder that privacy and self security checks in these crypto arena is of utmost importance. You're your own bank now. It's your responsibility to keep your keys safe. Lack practice of this responsibility is asking for trouble.
Some learn this right away while others learn it the hard way. Don't let the latter option be you.
Change your keys every now and then, make sure your recovery account is still around, keep your keys offline, use keychain or whale vault services for example, write your keys down and store in a extremely secure space away from possible fire exposure and paper decay, or if you have it in a USB, protect it the same and add a faraday cage to it and protect it from emp. Whatever it takes.
Though these things to happen, it is not to discourage people from trying a crypto wallet as banks are far worse in maintaining your $$$ secure. Remember, what you give to the bank becomes no longer yours by law and their policy.
Be your own bank instead.
Ouch:
This author doesn't ask for much but for to be re logged, but does want to also let you know that all post rewards are being zeroed out at the 6th day of payout by buildNOTawhale.
If you want to tip me, I ask you do so with a reblog and or use the gift box option on the peakd interface below or click the link below.
Donate liquid HIVE & or Liquid HBD here..
Thank you for reading!
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If you see errors in my post, point them out and I'll change them accordingly if proven to be correct. Otherwise I am open to open discourse even if we don't see eye to eye on many topics.
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