The POS post you shares ignores the delegated in steem, which makes a big difference. In case of a network partition we have many backup witnesses that can immediately take over. Also stakeholders can change their votes to elect other witnesses. The "POS does not handle partition well" point is one that in my opinion especially steem counteracts very well.
So far to my knowledge we never had one such event in the wild so we don't know how it plays out in practice.
If you're convinced, that's all that matters, right?
This entire platform is a cheerleading squad, I never see anything to the contrary.
This monoculture needs an infusion of reality.
Well you should come up with something better then :) Makes me wonder what makes you stay here.
Right, because when someone brings up the ugly underside to Steemit -- hell no, he's gotta go!
I'm here to witness the implosion, if you really want to know. A cursory look at my last blogposts would've told you that.
I'm glad Steemit exists, it will be one of the many examples of why Proof-of-(mis)Stake is flawed. So even failure can be instructive.
Can you really say Steemit is rigidly PoS? The platform doesn't feel so rigid (IMO). The witnesses are there as a leverage and the team looks competent with frequent updates (HF) that encourage docility in operations to adapt to any changes needed for the growth of the community (or communities).
Should the community grow large enough (and/or maintain an active user-base), few policy changes can see Steemit implement PoW (if need be).
Don't you think they have enough assets for that?
If I FEEL my car's brakes are okay, but they're a dripping screeching mess, does that postpone the time when they finally fail?
As for transitioning to another mechanism, I doubt they could do so easily - especially with an inherently inflationary token like Steem.
It is still inflationary, there is no max supply. It goes down to 1% per year, then stays at 1% per year.