RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive
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Hmm yeah, it requires too much 'trust' in humans for me. Make it fully trustless, with no humans involved and I'd like to see how this works out.
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Yeah. We should probably hire a raft of otters and maybe a few ducks to handle this.
Lmao, a good algorithm being fully automated would probably do. If we are to trust the witnesses, I'm not in favor. If that's the only way(trusting witnesses) and users approve this, I hope it doesn't happen until the Steemit witness votes decay, at the very least.
I think that was the point Smooth was making, to develop something without human involvement or in a fully decentralized manner was an order of magnitude more difficult (if not near impossible) for the benefit.
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