#exyle

Vlog 459: A sad day for Steem

exyle@exyle (80)2373d

I have seen a lot of euphoric reactions to the recent Soft Fork Annoucement.

I see no reason to be euphoric or proud.

What has happened has set a precedent that will be felt for the rest of the lifetime of the Steem Blockchain.

I talk about that in my vlog.

I am part of witness @blockbrothers.

Please consider us for your witness vote if you think we deserve it here:

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Comments · 72

@blanchy(75)· 2366d
I 100% agree with you. Well done for having your say.
@hilarski(76)· 2367d
Straight up Gangster, this is a sad day for Steem.
@doitvoluntarily(80)· 2371d
I wonder..what is to stop him from simply buying an equal share tomorrow and voting witnesses who he wants?
@lordbutterfly(80)· 2371d
You can still move to TRON like Justin intended. Youll have a grand time if you like to gamble.

This is the single best thing that could have happened.
@rok-sivante(77)· 2372d
So much for "anti-censorship."
@arcange(79)· 2372d
Congratulations @exyle! Your post was mentioned in the Steem Hit Parade in the following categories:
- Comments - Ranked 2 with 205 comments
- Pending payout - Ranked 8 with $ 39
@adetorrent(78)· 2372d
I haven't decided fully where I am with all this, but I just want to commend you for standing for what you believe @exyle. You've put your point out clearly and I can totally see where you're coming from.

You're a man of principles. Thank you.
@actnearn(70)· 2372d
This whole episode conveys that assets in dPOS blockchains are not safe either by the actions of a single large holder or buy few coordinated stakeholders. We need to think through how to avoid such eventuality, for whatever reasons, through code.
@pele23(75)· 2372d
I am completely following you here, it is the beginning of a war, that can only be turned back to peace if Justin Sun shows "good attitude" in the eyes of the witnesses. But what is the line he can't cross? Will they decide what underwear he has to wear? Which woman he fucks? It is clear theft, in my opinion...
@ammonite(73)· 2372d
I was quite surprised when the soft fork happened but initially thought it was the best temporary approach till a better idea was gotten about the intentions of Sun, I agree they are his tokens and he can do what he wants but to have such a big stake holder come in and say we all moving to Tron and having the voting power to change the governance model just like that was a bit of a shock. I only wished that the witnesses could have suspended the possibility of voting for witnesses for now due to governance concerns but still allowed for all the other elements like power down, vote on content etc. There should also have been a clear exit criteria. It is for sure a scary time for Steem and DPOS and I hope that this can be worked through.
@bittrio(71)· 2372d
@exyle Steem is DPOS - Steem is not money, Bitcoin is money. The top witnesses did what they thought they had to do to protect their investments and the Steem blockchain. This would be horrible if Steem was money and some group froze another account, but this could be good for Steem. People throw around the word decentralized, obviously not if anyone's funds can be frozen. Now you know, it's Bitcoin or bust for money, Steem's a great social platform. Invest accordingly.
@freddio(60)· 2372d
@exyle

I accept you to close 100%.

But one problem i see is there. When someone promises something and breaks it ( Ned), it is close to a scam.

Nobody would use Steem with this premined Stake, if there was no promises.

The Steemit statement was they build Stuff on the Steem Blockchain and use the Steem to Fund it. And thats 100% fine because we all now it. Like a contract.

Now Ned sold Steemit under the Table. Nobody can prepare to this ( like powerdown, power up or whatever). We all invest here ( some more some less) with time and money.

Thats in my opinion a red flag too.

So i would say this fork has to happen before justin bought it. Then there would be all fine (to Steemit Ned).

Now its tricky. Because Jusin bought the Stake with promises from third person in the past ( ned).

It feels unfair for Justin Sun and its also unfair for the Steem Community. The only winner is Ned.

I think there should be super fast a big talk with Justin to clarify all.

And i hate it also to censor accounts. We are not here on facebook..... This should never happen, no matter what.

And i think current witnesses should make there statement on this too, like future actions on it.

Or as plan B we should make a poll witness thats in top 20. A witness that make no decissions itself.

So people vote for that witness can vote on a poll what there like. I now that would be fucking slow but more transparent.
@emiliomorles(72)· 2372d
I agree completely
@michealb(67)· 2373d
hey how come i never see you on splinterlands? seem to run into a heap of other people but not you.
@teamhumble(74)· 2373d
GREAT, you are back to youtube! awesome, i can watch this.
@broncnutz(79)· 2373d
Good video, I can definitely see both sides. I do like to talk this out and right the wrong after talks. Something was bound to happen because this was a big move. Ned and Justin are both to blame because they could have planned this out better. I believe Justin owns the stake, he paid for it.
@good-karma(77)· 2373d
As I wrote in my statement, I struggled with this decision a lot. Few sleepless nights... Multiple people tried to communicate with Tron/Justin, but no respond and meanwhile their actions about token swap and voting his own validators on Tron, showed real threat to the Steem. I wouldn't want Steem to be spoiled by bad marketing and absorbed Steem name just because it helps Tron to market itself. You mentioned someone in witnesses said if powered down and sent to Binance, it would be different? I don't agree with that, powering down is same. Many who invested time to build/invest made decision with good faith knowing that Steemit Inc. stake will only used for development of Steem, not abolishment of Steem. Content creators are investors as well, but there is slight difference. Also, this is temporary until there is clear communication with Tron/Justin. Of course only time will show now, consequences of these actions. I respect your decision and would've chosen same if facts/actions were in favor. It wasn't easy, first time in my entire witness years, I really considered to take smooth's path but we sometimes have to make hard choices.
@stuffbyspencer(62)· 2373d
This is such a bad take, imo.

I wrote about this more in my post, but a few key summaries:
- We didn't do this to a "normal" user who happened to buy large amounts of STEEM. We did this to a company, who should have never held so much controlling stake in the first place. It's ninja mined, which means that for the rest of those tokens lifetime they are not "normal" tokens. If Justin bought 75 million STEEM without going through SteemIt, then that would be fine because we'd still have a powerful stakeholder to counteract the control.
- Justin owns Tron and has beyond confusing messages about what the future is going to be. To act as though this is just any old dude walking in here and us freaking out, is not just wrong but maliciously so.
- "I don't care if it's temporary", then I'm sorry to say but you're clearly missing the entire point of this softfork. We're not stopping someone from accessing the tokens they just purchased, we are using the rules that have been presented to us from the beginning to buy us a bit more time to think about our next steps.
- In a dPoS system, what just happened is not only allowed, but is doable for this very reason. The community should be allowed to protect itself. How do you not agree with this?
To wrap up: This is a very disappointing response. Perhaps you weren't aware of the amount of confusion surrounding the acquisition. Perhaps you truly think that your random interview with an employee of SteemIt would solve the worries. Perhaps you don't understand the economics & potential downsides that occur if Steem is merged into Tron. Perhaps you weren't in attendance of the multi-hour long and multiple sessions of open forums that witnesses held on Discord, where literally hundreds of people tuned in & voiced their opinion.

I don't know how someone could arrive at a take as poor as the one your trying to get off in this video, but it's pretty disappointing coming from a witness who I thought was a good one in the past.
@mulletwang(59)· 2373d
You raise some very interesting points that I wasn't aware of. Thank you sharing this information.

I think it is super interesting, it shows the possibilities within the governance structure. You are absolutely right when you say it will impact steem... but I'm not sure it is as negative as you believe it is.
@epic-fail(70)· 2373d
Were there any violations of the Whitepaper by enacting this Soft Fork? If yes, then you have the right to cry. If No, don't hate the players aka "Witnesses" hate the Game aka "Blockchain and the code". The Whitepaper is King and by participating on the STEEM Blockchain you agree to the terms of the Whitepaper. Please point to a specific violation, not your hurt feelings. Facts matter.
@bil.prag(76)· 2373d
also this was published yesterday (24.02) by Tron Fondation as a weekly update. Check out number 1 and 5. do you think someone in Tron Fondation should be fired for not reading the memo for 10 days, or justin was not that honest at AMA?
@mattclarke(71)· 2373d
He started talking contradictory gibberish, and was otherwise unresponsive, so they took his car keys. That's being a good friend. March 6th is 'the morning after'; where they'll check he's sobered up and understands the consequences of his actions. That's also when they have a chance to transition from 'good friend' to 'car thief'. I support this action; I believe it was the right choice at the time, but the onus now is on the witnesses to provide a clear, simple path to a roll-back. No hurdles, no hoops.
@theabsolute(65)· 2373d
I see both sides to this. It isn't really a surprise anymore than the acquisition from Justin Sun in the first place. There is a path forward that benefits everyone. The stakeholders need some reassurance that their investments are not in jeopardy
@oldstone(77)· 2373d
Dpos of Steemit is failure. We need to fix it

Posted using Partiko iOS
@themonetaryfew(58)· 2373d
Checks and Balances

This is a great thing for the STEEM blockchain. One can't just buy a big stake of STEEM and keep on repeating you aim to convert the token to another blockchain. Not by buying your stake on Binance or OTC. It indeed doesn't matter!

Let's say you consider Steemit INC to be the 'government' of the STEEM blockchain, it's a great move of the 'parliament' of the STEEM blockchain to take precaution. It's not hostile, just being sure there are checks and balances. STEEM is not the same as bitcoin. This is DPOS and it's how it is supposed to work.
@hammers(46)· 2373d
Witnesses could always do things like this at any time. I think they're justified. The tweet about making Steem a tron token can't be ignored. Maybe they should of done this a long time ago, that's my only complaint. I hope Justin can negotiate with them and build some trust, that works both ways.
@shadowspub(77)· 2373d
hi @exyle would you mind dropping me a DM on Discord please?
@justineh(72)· 2373d
This is the most twisted narrative of these events I’ve seen so far, from someone who was privy to information spoken about for over a week in many open chats.

If you don’t know how this soft fork works, how the blockchain works or anything else, perhaps you should have asked for more clarification when you came in for 5mins to ask questions and essentially say you didn’t have time to catch up on anything.

This sort of narrative is dangerous and false, perhaps take some time to educate yourself rather than trying to get more attention or maybe living up to agreements you made.

You aren’t doing anyone a favor spreading false information, in fact as a witness you should be ashamed, as you are hurting the community and chain you have agreed to protect.

Disagree with the change all you want, thats the beauty of the system, but stop spreading false claims and inaccuracies.
@defimoon(49)· 2373d
I just joined Steemit and am truly disappointed Justin from Tron has bought this platform.

People really need to research all the drama with Tron and the shenanigans Justin pulled there.

Now that his stake has been blocked, his only option is to play nice until his funds are unblocked, at which point he will either power-down or setup his own witnesses and vote them in.

Does anyone actually know how much money Justin paid for Steemit?
@drakos(70)· 2373d
Previously, "behind closed doors", Ned sold Steemit Inc to Justin, without communication, without warning...
@coininstant(69)· 2373d
Yeah these witnesses are stupid! lol
@pfunk(73)· 2373d
The announcement post didn't set the context explicitly, assuming the audience would have a good idea. I wrote a post to fill in those blanks. I'm interested to know if it changes your opinion at all. Even if it doesn't I would still like the feedback. Thanks!
@ats-david(75)· 2373d
Just want to correct a few things...
1. This was not an action undertaken by "the top-20 witnesses." There was much more collaboration and support from other witnesses and investors. There were at least 65 people who were invited to and/or engaged in discussions.
2. The accounts in question were already not voting for witnesses and had not been voting for them per the agreement between Steemit Inc. and the community.
3. Portraying this as something that happened "behind closed doors" and that this is somehow inherently bad completely fails to recognize the situation that you yourself pointed out just before making that statement. The potential security risk to the Steem blockchain was there, it had always been there, and there was a lot of confusion and lack of good information about what was happening. Mitigating an existential security risk isn't something that can always be or should be discussed openly in public or with the very entity that potentially poses that risk. "Conversations take longer than three seconds." (Thank you, @mattclarke !)
4. The DPoS protocols have always allowed for witnesses to ignore certain transactions on the blockchain. Nothing changed yesterday.
5. No accounts outside of the Steemit accounts in question have been affected or will be affected and at no point did anyone in our discussions consider ever touching stake that was not "ninja-mined" by Steemit Inc. The "slippery slope" argument certainly does not apply, as most of the witnesses I saw required quite a bit of rational persuasion to reach the agreement that we reached. Investors have little to fear, unless they simply do not like/trust DPoS in the first place.
6. The "precedent" that you speak of about a small group of people being able to "nullify" an account "in secret" has always existed and has in fact been used on this very chain in the past. In fact, as @smooth has pointed out elsewhere, this has been done many times on this and other blockchains to mitigate/neutralize security threats. This is neither new nor unique to the Steem blockchain.
7. Purchasing the stake in question here makes no difference regarding the obligations placed on it by its previous owners who brought it into existence. That stake was owned by Steemit Inc., which had "ninja-mined" it, put conditions on it regarding its use, and expressed those conditions of use to the community on multiple occasions between 2016 and 2018. Users and investors have come to Steem and invested in Steem based on those conditions/promises. Steemit Inc. has simply gained a new owner, but the stake is the same and the conditions still apply.
I want to make it abundantly clear that neither I nor any other witness that was part of the discussions would ever think that purchased stake that was not part of the original "ninja-mine" by Steemit Inc. would ever be open to any kind of "freezing." To ignore the very large distinction between the Steemit stake in question and tokens purchased on the market or earned on the chain is a great disservice to both your followers and the other witnesses and investors that took part in the discussions for the past 10 days.

It's actually a bit insulting to draw these parallels and spread that kind of fear, knowing that nobody ever made any comments even remotely close to wanting to freeze or "nullify" any user's stake. Many people openly expressed their concerns about even temporarily ignoring transactions like the ones that would currently be ignored by the 0.22.2 soft fork.

So I'm not sure what the purpose is to try to paint this as anything other than 1) trying to secure the blockchain, which we felt we adequately did, and, possibly 2) attempting to ensure that the stake in question will continue to be used as previously promised by its original owners.

Nobody...ever...has to worry about losing anything or having anything "nullified" by the current witnesses. Not just the top-20, but pretty much any of the witnesses that participated in the past week, which was at least around 50.

I understand that you disagree with what happened - and that's OK. But, in my opinion, it's not OK - and is in fact detrimental to the community and the blockchain - to insinuate that all assets are now at risk because of the very specific/targeted and temporary actions that were taken in order to mitigate an existential threat to blockchain continuity/security.

I would hope that the large consensus of witnesses, reaching far beyond the top-20, would be an indication that the risk was greater than it is being talked about here and that the actions taken were justified in order to protect the security of this blockchain.
@markkujantunen(77)· 2373d
While I considered the situation dangerous, I was also of the opinion that no token swap would be in the cards for a very long time because nobody would agree to any such thing until the Steem blockchain would be fully replicated in functionality on the Tron blockchain. Migrating Steem to Tron would be a massive undertaking. Smart contracts on Tron are written in Solidity and only a few devs at Steemit, Inc know the code inside and out. Are those guys also well versed in Solidity? Not very likely. There is zero chance of Steem being migrated to Tron in the foreseeable future.

Therefore, I consider the decision to do the soft fork rash. Now there is a trust issue between Justin Sun and a supermajority of the current witnesses of Steem. I hope it can be resolved. But once Sun's stake is released, what exactly will prevent him from voting in a totally different set of witnesses at the drop of a hat?
@nokodemion(59)· 2373d
Respect!!! Exyle!!! An eyeopener!!!
@omrfrq18(43)· 2373d
Thanks for this post.
@inertia(75)· 2373d
@summertooth(74)· 2373d
I'm with you 100% @exyle. It really is unbelievable to do this to anyone. It's stealing plain and simple. Sad day.
@oldtimer(76)· 2373d
Sad day. And we'll all feel the consequences.
@cryptocurator(65)· 2373d
I have been writing in my post today about Witness votes. I can't quiet believe how few of the Top 35 are still running software version 0.22.1, and how many opted for so called softfork222. I totally understand and respect how you feel, it's another piece of shocking news on the platform. I think fair to describe the Steem as frozen but a little emotive to describe as stolen. I'm sure a resolution will be made, I am surprised to see the 6th March mentioned as the opening of talks - meaning it might not be resolved very fast! It would have been nice to clear up within a week!
@joebrochin(65)· 2373d
In the end, there is nothing that is decentralized. The large stakeholders of anything will have the greatest influence. Decentralization when it comes to anything of value is laughable.
@cyberdemon531(75)· 2373d
I believe the difference between selling the stake on binance and selling it all at once is just decentralization. Not that I disagree with your points, just throwin that out there.
@chireerocks(75)· 2373d
@exyle, Thank you so much for Speaking Your Mind and taking your absolute stand. Your points are really valid and no doubt in it. But in my opinion there were so many doubts and choice of words like, Token Swap, Bringing Steem to TRON and Steem Tron will be considered as real Steem on exchanges and words like Old Steem and New Steem. In my opinion all these words definitely raised many questions and AMA Session was reflected as a Joke. Definitely your points are valid but i have mixed feelings towards this decision, i am with this decision but after watching this video i am able to see the depth of it so now i am in the State Of Mixed Feelings.

As you said now we can just move forward. Let's see what is about to happen in near future. Stay blessed brother.

Posted using Partiko Android
@reddust(72)· 2373d
I just came back to Steemit because I have time to start producing content again and I thought I was over my utter disgust of Steemit Management. Now I need to step back and take a look at what's going on. I understand the concern of the Huuuge amount of Steem that needs to be protected against the stakeholder using it for purposes that weren't agreed upon. From the beginning, I've felt uneasy and to really concerned over the huge amount of premined steem. That's why I think we need to get everyone to the table and write out a contract that protects all the property holders. I also think Ned needs to be taken to court for fraud but we don't know if Justin knew about the contract between Steem Inc and Steemit community. I get confused over this issue and the players involved, like Steem Ink, miners, bloggers, apps developers...you know all the players. So confusing! @exyle, I stopped by Steemit Chat and noticed you left me a message back in 2018, I didn't have my notifications turned on, I wasn't ignoring you....lolol
@kramgelo(54)· 2373d
Nice vlog with a different view, others don't agree with the softfork and this post help them to speak up.
@therealwolf(77)· 2373d
Imagine some random person would come up to you and would try to harm you or your loved ones and you would have to defend yourself. And you would let your fists fly. Does that mean, afterwards, that you'll go around the city and punch people randomly?

Because that's the analogy I take from your position regarding: "Well, if Steemit Incs stake was frozen, it can happen to anybody".

I get how it might look that any stake is no at risk, but that is absurd and simply not true!

There is a clear line between freezing the Steemit Inc "ninja mined" stake, which was supposed to be used for Steem and is now threatening more than ever the integrity of Steem, and any other stake.

Here is a short story I made to explain what the difference is: https://steemit.com/steemit/@therealwolf/q67exs
@bifilarcoil(59)· 2373d
The mobsters have self exposed?
@stevoperon(25)· 2373d
Yes, the most sad moment in STEEM history.
@glenalbrethsen(71)· 2373d
Hey, @exyle.

Up until last night when I came home and saw my blog feed blowing up with the statements of witnesses, I was considering the idea of a forked out stake as a position of last resort. Very last resort, after it was evident that everything else had failed and that the STEEM blockchain was in jeopardy of existing and thus the stakes of everyone along with it.

And even then, it would still set a precedent and have repercussions because not everyone would want to recognize to what length or extremes were taken to preserve the STEEM blockchain prior to the freezing out.

But then last night I come home and find out it's not the absolute last option, but seemingly the first, couched in a softfork that while potentially reversible, basically states, "your stake is no longer your stake if we say so."

I've read the posts of several witnesses who were for it. I either missed it in each one, or there was no attempt on their parts whatsoever to reach out to Sun for some kind of clarification on his intentions. Did they? Was one attempt made? Two? It seemed like they were expecting him to come to them is what I get from it all.

I also wonder if they know whether or not Sun has any other STEEM sitting out on exchanges somewhere that can be brought in. He's highly suspected of doing that with TRON. If such is the case, and it's big enough, all of this is for naught. And as you say, at this point, how do you trust one another—how does Sun not move to secure his investment and position, and how do the witnesses ever allow the stake to go back?

All over a "social contract" about what the 'ninja-mined" stake would be used for with a previous owner that no one seems to like? For all of what he could have done better and not done, as far as I know, Ned never used the known Steemit accounts to do anything with other than pay his employees.

I don't know. It seems like there are people here who feel like they own more than they actually do. Which includes the stake of a company that created the blockchain in the first place. Social contract or not, this softfork, and the way it was done, was not the answer. And especially not the first answer.
@michelmake(65)· 2373d
Is there an easy way to see which witnesses are running this fork?
@roundbeargames(73)· 2373d
i wanna be friendly here. i dunno what's more "dangerous". if what justin has been implying on twitter becomes true, nothing will be felt about steem because it'll be gone, "migrated" over to tron. so it's like justin was the one that's been telling steemians they'll be forked out?

as far as i can tell, the biggest stake holder talking about a transition to another chain and leaving out literally 100% of the details seem like a legitimate threat.

but acting vs saying is completely different so i do feel like fork could've waited. and justin did let stinc launch communities. (maybe not stinc anymore cuz ned's stink is gone)

i was hoping both witnesses and justin would be reasonable and focus more on SMTs, but oh well..

only time will tell how much value steem will have in the market, but justin really needs to improve his communication skills.

사불급성 (駟不及舌). out of all people, he should know.
@michelmake(65)· 2373d
Hey @exyle, interesting review you dropped here. Thanks a lot! I'm curious what you think of the following:

Sun buying Steemit or the soft fork, it doesn't matter. Either way shows that the design of Steem is not trustless. I'm no expert, and I never really realized it, but to me, this looks like a flaw that should be fixed.

Right now we either have to "trust" Sun, the witnesses, or whoever has enough power. And that is kinda scary.

Am I missing something here?
@blacklux(68)· 2373d
I agree with you 100% and also I understand why witnesses did what they did. We all need better communication between Steemit inc, Tron, witnesses, Justin and the whole community to make this clear as possible and to make things work for everyone.
@davedickeyyall(79)· 2373d
What other witnesses support you in this thinking?
@flemingfarm(81)· 2373d
The BEST part of this whole ordeal is the witnesses actually being proactive and using the consensus as it should be. This is the first time in my memory of this chain that this has happened. Being that this is reversible and a SOFT fork, as long as the dialog gets going and in the open then I think this will be a net positive. Though this should have been done 2 years ago, at least it is being addressed now.
@cryptoandcoffee(85)· 2373d
I hear you but my understanding is it is a soft fork and is only temporary. This can be undone and put right after the discussions surely. My feeling was it was to get Justin's attention and nothing else so it can be sorted out in a proper way.
@marki99(62)· 2373d
It's impossible to argue with your position. Principles are principles and there are no exceptions. It would've been better to have a contract written up outside of the chain, a legal agreement.
@abitcoinskeptic(75)· 2373d
My opinion was that a few other chains have fork out cause of issues like disagreement about how certain stake was acquired. Also, Steem has to be one of the firdt where the foundation company was sold for a profit. In amycase I'm for the soft chain, but I completely understand why others aren't.
@brianoflondon(77)· 2373d
I feel your pain.

I sit in the middle because I do think there could have been a more concerted effort at negotiation direct with Justin Sun to come to some kind of signed agreement before going ahead and encoding this in the chain itself. A voluntary agreement along the lines of the White Paper promises and notarised with public statements on the block chain would have gone a long way. Who knows, he might even have agreed to the conditions in this fork if asked nicely.

I think the underlying contention in @agroed's post was that Ned's stake wasn't truly his to sell unencumbered. That's between Ned and Jason at this point.

But I've also been involved in enough business deals that didn't turn out as all sides expected, and ended up in expensive litigation to know that sometimes you are correct to be a little paranoid. Andy Grove (CEO of Intel) entitled his autobiography "Only the Paranoid Survive". Sometimes that maxim is true.
@animica(50)· 2373d
Wow, this is insance
@shanghaipreneur(72)· 2373d
So is my STEEM worth more now due to the reduction of circulating supply?

Did these witnesses do this because Sun is Chinese?

Will they unfreeze it after Sun plays nice?

Now I know how ETC guys felt after The DAO Hack.

Posted via Steemleo
@joythewanderer(81)· 2373d
Thanks for sharing your thoughts
@chekohler(76)· 2373d
I don't believe in freezing anyones account I think that does more harm than good for potential investors I just think its a cock up on several levels. Justin knew this was not going to be a buy and port project since its a chain thats been running for some time now and he has more than enough funds, expertise and advisors to be able to put out clear statements

Then the whole Zion account voting in super reps on Tron news surely that's going to kick off peoples nerves

As for the freezing, yes it's extreme, I don't believe in it

I just hope it gets parties to the table to discuss. I think this Mexican standoff shows how dpos has its limitations and in a small chain like this supermajority can be used at will but I would hope that in future in theory it becomes more competitive as people pull witness votes and move them to where they see fit and so it goes on.

We can't change what happened but lets see how the all hands ends up! I think its just poor communication everyone wants the same thing and has different ideas on how to get to the same destination
@cwow2(73)· 2373d
Wait. So if Ned Scott powered down and sold everything to Justin Sun on Biance, that would have been okay? XD
@joeylim(64)· 2373d
@exyle I totally get the point on the slippery slope.

It's a little scary actually, considering all the wonderful potential the Steem blockchain has.

But then again, I think it is the fear of the wonderful potential going up in smoke that prompted the Soft Fork. Because fear leads us to go on the defensive, do things pre-emptively for self-preservation.

I do hope this issue gets sorted out - and that fear wouldn't reverberate deep into our consciousness. <3
@bozz(83)· 2373d
Sorry, I didn't catch it, but was it just you personally that was against it or did Block Brothers vote against it as well? Is there a list somewhere to see how each of the top witnesses voted?
@bil.prag(76)· 2373d
where would the price go if someone tries to buy 20mil of steem.

shitty thing to do, but he did talk of moving it to tron, and steem assimilation. even when you did that interviu few hours after that there was official tweet with swap talking.

You said there was no talks. but from what i heard around 60 people worked on this, and that there were attempts to contact Justin or someone from his team.
@meesterboom(81)· 2373d
Thank feck dude. I'm with you. It's hard to see so many, we did it posts. It's a precedent that on top of all the other things that has happened here just adds that little bit more tarnish to the perception we have.

The exit criteria lacks definition, which is worrying too.

Sad day indeed.
@scorer(58)· 2373d
It is a good lesson for all of us. Those little nuances differentiate real thing from a shitcoin. STEEM is now officially a shitcoin and witnesses approved it.

However, STEEM can still moon as a shitcoin. 🚀😂 But it will never become a real decentralized blockchain. 🥺
@fitzgibbon(61)· 2373d
Welcome to Delegated Proof of Stake. This is how it works. This is how it was designed from the start.

It's kind of a shock that you didn't know.
@yangyanje(68)· 2373d
I am completely shattered by this! It's unbelievable! How can this happen? It's as if decentralization here is a lie? I agree with the over the counter. This is Hierarchy and class system at a whole new level. Ha! The ruling class of oligarchs have decided? He bought the bloody stake and i had such a great feeling about what he was aspiring to do. Marrying one of the four potentially best DLT crypto Networks to make three powerful entities that are actually corporative communities was amazing news. Can there still be a consensus? It sounds so immature and pretty shattering to my austro libetarian attitude towards the most exciting thing since the invention of the internet itself!
@bitshares101(48)· 2373d
Excellent points! Well said!