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Hive Governance

Wolf Witness Statement: Steem Protective Soft Fork 222

Wolf@therealwolf (77)2376d

Today, on the 23th Februrary of 2020 at 10PM UTC, the majority of Steem witnesses have accepted a temporary soft fork (v0.22.2), which immediatly prohibits certain operations from Steemit Inc owned accounts.

This software update is temporary, reversible and no other accounts have and will be affected.

More information about the soft fork can be found in this post:

https://steempeak.com/steem/@softfork222/soft-fork-222

As a consensus witness & stakeholder, it is my N°1 priority to ensure the safety & governance of Steem, the blockchain.

As such, I've decided to run the proposed SF, with the goal to ensure the protection of Steem, which has always been threatened by the ninjamined stake, but even more so due to the recent purchase of Steemit Inc by an external party.

More information about the soft fork and the arguments around it, can be found in this post:

https://steempeak.com/steem/@softfork222/soft-fork-222

Personal Note

Over the past 2 1/2 years, I've invested sweat & tears into Steem. For the possibilities, this blockchain & community has given me, I'm extremely grateful. Which is why I believe that running the SF is the right thing to do.

I always had some kind of faith in things turning out okay. "Once SMTs & communities are here, we'll thrive" was my motto. But the more I looked into the early history of Steem and what I've witnessed over time, the more disturbed I became, regarding what went wrong.

Most importantly, how Steem was launched (ninjamine, chain-wipe, hyperinflation & co.) and how absurd the distribution was tilted towards Steemit Inc. owning the far majority of Steem. On top of that, how bad the outside image got, because of exactly this reason.

I trusted that Steemit Inc, or rather Ned Scott, would do the correct thing with this ninjamined stake, or rather what was promised in the past (Example: Youtube Video), as in using it to support Steem & its ecosystem, as well as distribute it to reduce the risk of centralisation.

But what I didn't expect, was for him to sell his company right when we were on the cusp of thriving. I could talk a lot about personal responsability and all of that, but that's not what this note is about.

The immense value Steem provides, is in part due to Steemit Inc, but has been mainly created by many, many community-developers, -entrepreneurs, -creators & stakeholders. And this is what we have to support & protect, starting with this soft fork.

As I wrote in the beginning of the post, this SF is only temporary to ensure that the ninjamined stake can't be used to maliciously attack our blockchain.

The goal is to find a mutual compatible solution with Steemit Inc on how the stake can be used to benefit Steem, without explicitely having to trust "words". Because, as we've seen now, words can easily be broken, code can not.

We are Steem!

Wolf

If you agree with me on this, then please vote for me as witness to ensure the governance of this blockchain.

Comments · 21

  • @ludmila.kyriakou(70)· 2373d

    Thanks for the post!

  • @gandhibaba(75)· 2375d

    The goal is to find a mutual compatible solution with Steemit Inc on how the stake can be used to benefit Steem, without explicitely having to trust "words". Because, as we've seen now, words can easily be broken, code can not.

    Your last sentence in this post is by far the most captivating, especially the aspect that says the code cannot be broken. I stand with the SF and also advocate a common ground for progress. To all the witness that rose to the challenge of the SF, you have my respect. Cheers!

  • @arcange(79)· 2375d

    Congratulations @therealwolf! Your post was mentioned in the Steem Hit Parade in the following category:

    • Pending payout - Ranked 3 with $ 67,66
  • @phortun(79)· 2375d

    I am happy to see so many of you guys, our top witnesses, to really cooperate and stand for our blockchain and community when it is needed. I mean this is not just talks but a real action. Thank you!

  • @roundbeargames(73)· 2375d

    thank you. i doubt the other side is gonna look at it as "non-hostile" but justin's recent communications related to steem have been nothing but "hostile". so ultimately he brought it onto himself. should've made his tweets and intentions a little clearer. i hope he does so in the meeting in march.

  • @sharpshot(69)· 2375d

    I agree with this move. It should of been dealt with before Tron bought Steemit. The initial plan, to make Steem a Tron Token can't be ignored. If something can be done to make a deal between Tron and the majority of the Steem community, this can work. Otherwise, we would have to trust that Justin has had a genuine change of heart from his original plan.

  • @steemitboard(66)· 2375d

    Congratulations @therealwolf! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

    You got more than 5750 replies. Your next target is to reach 6000 replies.

    You can view your badges on your Steem Board and compare to others on the Steem Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

    Vote for @Steemitboard as a witness to get one more award and increased upvotes!
  • @littlenewthings(73)· 2376d

    Words can be easily easily broken, codes does not

    In Blockchain developing wise

    Well said @therealwolf.

    Posted using Partiko Android

  • @epic-fail(70)· 2376d

    Remember this day in Blockchain History

  • @howweroll(69)· 2376d

    This is why I believe in, and love the Steemit community! Thank you for this, and all the support!

  • @cicisaja(65)· 2376d

    Good luck on protecting all of us through the soft fork..🍀🍀🍀

  • @variously(49)· 2376d

    I like the move and letting people know they can't just come into steemit and have their way or the highway without a response.

  • @oldtimer(76)· 2376d

    So every time we get a big investor we'll fork his stake out. Very smart approach. What are you gonna do if he buys another 50M steem on exchanges?
    Another fork? But I guess there won't be a lot of big investors around anytime soon. Sun will find a way to screw us over if he wants. Sure bet.

  • @eirik(69)· 2376d
  • @smooth(74)· 2376d

    Well said. You have been one of my favorite witnesses who is always willing to think things through and work for the best outcomes despite significant setbacks and very justified frustrations.

  • @reddust(72)· 2376d

    Thank you for all your hard work and the work of so many others to give creators like me a place to make a brand and learn about cryptocurrency. I actually made a lot of money on exchanges as well because of Steemit. I love you all and have always supported you <3

  • @oresteg(54)· 2376d

    Si todo la fuerza para que Steem esté en unos de los mejores criptomonedas. Fortaleciéndose la cadena de bloque.

  • @stovehustler(40)· 2376d

    ILL HARDFORK ANYTHING LIKE IM EATING AT LONGHORN

  • @cryptopie(78)· 2376d

    This is a very good idea/move towards the protection of the blockchain, it has to be decentralized rather than getting affected by an entity that can greatly influence witnesses in doing what the top 20 witnesses doesn't like.

  • @atma.love(71)· 2376d

    Way to go guys!

    There's an old Arabic saying (from the prophet Mohammed i think):

    "Trust in God, but tie your camel"

    Thanks for doing so.

    Please consider the Matrix-8 Platform as a future system of governance for Steem. More here: https://steempeak.com/hive-174578/@atma.love/matrix-8-cube-spheres

    Namaste Atma

  • @khaleelkazi(82)· 2376d

    I support this move. It’s a temporary, non-hostile action that simply covers the bases of all the incredible users, creators, developers, investors and businesses who have built a home here on the Steem blockchain. Thank you for both doing your part as a witness for Steem and keeping the rest of the community in the loop. 💪🏽

    Posted via Steemleo