Amazing post.

To avoid the rich, get richer, the stakeholders vote on network nodes instead of just sitting back and collecting the network fees.

What happens when the rich are the ones running the nodes? e.g. blocktrades, gtg, themarkymark, therealwolf etc...

Not criticizing anyone, I love them all, but we have to realize that witnesses on hive have massive stake, and seem to be only ones able to earn from the DAO easily, as they have a good track record.

Once the price of hive goes higher so that witness rewards are large enough, we should have a rule banning witnesses from submitting proposals to the DAO. This will help avoid the rich get richer problem.

Although anonymous witnesses could always create two accounts and game the system.

For instance, without having onchain communication, we would be vulnerable to being silenced, siloed, and overall fragmented.

If an attack on the network is successful and we need to organize to hardfork, the attacker can easily shut down communication and censor users, as he can hardfork every 2 minutes with dummy witnesses.

So even though hive is censorship resistant, it won't be when successfully attacked. Am I missing something here?