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RE: Why Digg Failed: Can Steem Escape This Path?
The problem is when they rig the system to promote their own interests and get caught. This should not be possible with a block chain based system.
The problem is when they rig the system to promote their own interests and get caught. This should not be possible with a block chain based system.
How can we be sure that Steem creators and steemit.com owners will not promote their own interests?
Because the system would have to be rigged in the code...which is freely available to anyone to audit or investigate on github:
https://github.com/steemit/steem
This makes sure that there is the ability to check that the software is in control of the system.
An issue can and will exist if steem becomes immensely popular and whales can control what posts make it to trending.