Neds Lay Off Post - Worst Case Scenario
steemit·@gillianpearce·
0.000 HBDNeds Lay Off Post - Worst Case Scenario
<center> *** # If Steemit Inc Goes Down Is That The End? *** No doubt many of you were shocked to read [Ned's post](https://steemit.com/steem/@ned/2fajh9-steemit-update) last night about how he's had to lay off 70% of the work force at Steemit Inc. Before we get buried in the deluge of posts that there will no doubt be discussing the rights and wrongs of all things Steem I wanted to get a quick question in, that I'm hoping some of the more knowledegable amongst you can answer. Funnily enough I asked @abh12345 this question when we were at Steemfest and I think I concluded that it wouldn't be the end if Steem Inc went down but I might not be remembering this correctly. Sorry Asher. (Inserts blushing emoji here). The same question was posted by @midlet on Ned's post: >What's the worst case scenario here just for clarification? Steemit development stops? Steemit.com is no longer accessible? The entire Steem blockchain grinds to a halt? @mattclarke replied > Steem is the foundation. Dapps are built on it. > Worst case, steemit goes belly-up, they stop providing updates for the witnesses to adopt. > Dapps continue to flourish on the existing foundation. I imagine the witnesses would get together and source code improvements some other way as required. > In that case I would very much hope steemit inc would send their massive warchest to @null. If they dropped it all on the market, the price would get real ugly real quick. Ned's reply to @midlet > Steem as blockchain would continue if Steemit.com dissapeared. However, the full and robust on-chain social experience would be likely to disappear from the ecosystem, at least temporarily. Steemit.com is supported by an expensive system of Full Nodes that we run primarily to support steemit.com that has the fortunate consequence of supporting the existence of many other social apps. Most Steem social application's companies don't appear positioned to bear these costs or scale up without this system of free to use Full Nodes. To which @midlet replied >Thanks for the reply @ned. So if I'm understanding correctly, in the worst case scenario if Steemit.com goes down, it takes the vast majority, if not all of the social applications with it, unless those applications can fully support themselves without Steemits Full Nodes. The blockchain will still be here, so there's nothing in anyone's way to pursue this, but the immediate effect would be most of these applications disappearing. Is that about accurate? And Ned said >Yes, about so. *** OK. So I think I get all that. Most current Dapps would go, the blockchain would still exist and new Dapps with funding could be built upon it or the current ones could continue if they found alternative funding. ### Is that correct? And . . . what about our Steem . . . does that continue to sit there? Will there be Dapps still around to access it through and if so which ones? What about the Steem that is powered up? Is that a Steemit thing or Steem thing? Blimey. As I write this I see I have more questions that I thought and less of an understanding than I thought too. I hope someone can wade in and explain this all a bit better. For the moment. I'm just sitting tight and seeing what develops from here but I am curious about the answers to my questions. In the meantime here's a photograph I took yesterday that seems to illustrate the current state of affairs. *** ### Even when the tables are empty and it's raining at the seaside, someone is out on the rough water enjoying themselves. 😂 *** [](https://cdn.steemitimages.com/DQmR4QZpdWcT827VLuKsbKQk9XJkb9bhZam2iD5uaF8FsSX/windsurfer%20in%20rain.jpg) *** ### If you know anyone who you think can answer these questions in an easy to understand manner, please tag them in a comment. Ta! And . . . ### No matter what . . . have a wonder full day! 💙 ~ ~ ~ ~ ~ ~ [<img src="https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmeH3bRbQxNzHGbxrquMCrYMgo7aKo4msJSfQrDN74A3qs/gillianpearcefinal.png">](https://steemit.com/qurator/@qurator/qurator-s-shining-qurite-1-or-gillianpearce) </center>
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