I am a huge fan of decentralization. The recent discussions that are taking place is really affirming that idea in my mind.
My view is we need to take as many steps as possible to move in that direction. It is not going to be an instant or overnight event. Nevertheless, each time we do something that gives people more options, the closer we are to achieving the end goal.
We have a lot of applications on this blockchain with more coming. A few of them allow for wallet access which is helpful to transferring STEEM/SBD or downloading rewards. One of the problems I see if that few of them actually allow access to one's Steem Power. To me, this is a major issue.
The past couple months saw many discussions about the state of Steemit Inc and how dependent upon them the ecosystem is. Steemit is still the most popular application and allows for full access to one's money. Only a few other applications do that.
I am happy to convey the news that
Their latest update adding the ability not only to Power Up using the application but also to Power Down. This is vital.
Powering Up:
Powering Down:
One can also cancel a Powering Down if it is already started.
Since the team is seeking to reach outside the Steem ecosystem, it is good that the application has the warning about what Powering Up and Down entail. We take it for granted that all are aware of the 13 weeks. but that is not the case. Many newer people might not be aware of the time frame it entails.
This is really exciting news to me. I look at the entire ecosystem as a numbers game at this point. I have no idea which applications are going to make it long term. Some that are very successful today could be gone in a few months. Therefore, the more we can get accessing the different aspects of the blockchain, the better.
We also need this since we do not know how regulation is going to come down. While some countries are embracing the move, others are clamping down. The simple fact is we have no idea how all of this will play out.
Thus, redundancy is very good. If an entity decided to go after the blockchain, we are insulted if we have a large number of applications that provide many different benefits to the blockchain. Full wallet usage is a necessity.
I am glad the Actifit team took this step.
One down, another few hundred thousand to go before full decentralization.
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