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#steem

Community Vote - Express your opinion now

Paula@paulag (74)2363d

There are ongoing negotiations between the steem witnesses and Tron around the current situation. The big talking point at the moment is the fund's lockup in SP by the Exchanges. Exchanges want access to these funds as soon as possible.

I think it is important for the steem community to express their opinion on this and let the witnesses know how they feel. I also think it is important for the witnesses to also share with their supporters their stance on this.

This is a simple vote to gauge the feel from the real steem community on the current situation. To keep this simple there are only 3 options to chose from.

In relations to the SP lockup by the exchanges would you like to:

  1. Leave the current 13-week power down in play
  2. Allow Exchanges to carry out a once-off power down within 4 weeks
  3. Allow Exchanges to carry out a once-off power down within 7 days.

There is one comment below for each choice 1-3, please vote on your preferred option only. The option with the most upvotes shall be deemed the preference of the community voice.

I hope you will also consider resteeming this post, as the more people that voice their opinion the better.

Comments · 30

  • @phoenixwren(73)· 2356d

    Hey @paulag, are you still interested in buying Steem (just over 50 is what I have)? I thought I'd ask as I need to cash out to put it toward my first aid kit fund. I've done this before with a few other Steemians if you want a reference. If so, I'm on Discord at FirebirdVelitas#4492. Thanks! :)

  • @apolymask(71)· 2357d

    I like what abh12345 proposed. But, if I have to pick one of the three options then... After reading a bunch of comments I would go with #1.

    Seems like there's still a lot fishy going on and I think we should keep our leverage until better negotions happen and perhaps a contract can be worked out since there seems to be such a lack of trust.

  • @steem-ua(64)· 2359d

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  • @fleur(63)· 2362d

    Option 3 - short PowerPoint for everyone. You should have access to your stake with reasonable notice. 13 weeks is not too much of a disincentive.

  • @arcange(79)· 2362d

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

    • Comments - Ranked 7 with 75 comments
  • @ervin-lemark(76)· 2362d

    Leave it at 13 weeks and add a fee - ninja mined stake should go into a community controlled account to act as a fund and to finally have a purpose and a positive influence.

  • @gadrian(76)· 2362d

    Given all the complications of a hasty fork, I'd go for 1. In the future, I'd explore a better system to satisfy more steemians while also not compromising our governance, security or opening up doors for abuse, something the former employees of Steemit, Inc. already proposed as a solution AFTER the hardfork for SMTs, given the split support for and against the reduction of the power down period to 4 weeks.

  • @revisesociology(82)· 2362d

    Why has Bernie flagged this?

  • @rmach(72)· 2363d

    Rewards and positive discrimination are for those who behave properly and deserve them. I can understand the situation and how exceptional it can be but even though... if someone gets special treatment it's unfair for the rest of the community. Anyone who wants or needs to power down for some critial reason has to wait 13 weeks. If exceptions are made EVERYONE gets the right to ask for the same treatment. We don't have to lose integrity because some external actors that tried to harm us are now asking for favors.

    Recently we were discussing the reduction of the powerdown period. It was decided it wouldn't be integrated in the next (now previous) HF but we'd resume the discussion after. If there were already a decision we could try to accomodate this request and act fast to implement it, but that is not the case.

  • @klye(75)· 2363d
    1. Leave the current 13-week power down in play

    Considering anything else to bail out Justin Sun's exchange buddies is downright ridiculous. The security of the chain should not be impacted any more than it has by the decisions of those who colluded to try and take over the chain.

  • @bluerobo(70)· 2363d

    Option 1. Same deal for everybody. They should know how a powerdown works.

    I am still of the opinion that we should have a 4 week powerdown for everybody. There is no reason to treat exchanges differently. After all they deliberately locked customer funds for 13 weeks in order to screw over Steem governance.

  • @danile666(60)· 2363d

    We need to keep the 13 week powerdown so they do not feel they can throw their weight around and get a bailout again. Everyone knew what they were doing, no one counted on the community being so strong. Do not back down, it would be a mistake.

  • @shadowspub(77)· 2363d

    I think it is absolutely critical for the Tron group to understand that the existing 13 week system provides them with a safe secure way of moving funds to exchanges.

    The community has been discussing a shorter power down period to be more attractive to investors and those discussions should continue. Once consensus is reached a properly tested hardfork can be deployed to implement the community decision.

    Right now to properly deploy a hardfork for a shorter power down would take a few weeks and the exchanges (or anyone else) could be well on the way to moving their funds to the exchanges.

    But they need to start the power down for that to happen.

    Starting the power down now will not impact them if a decision is made to deploy a hardfork and allow them to power down faster. It would be just a matter of stopping the existing power down and restarting with the new.

    In the meantime they would be moving funds now. Safely and securely.

  • @maxsieg(57)· 2363d

    1! no preferential treatment for businesses. SP is meant to take long to power down to decrease volatility.

  • @xplosive(72)· 2363d

    Get this man (Justin Sun) a seat on Oprah. He would get a glance at what he should do with his huge amount of money. Yes, I am talking about Oprah Gail Winfrey. A philanthropist with a net worth of $2.7 billion USD (2020). Justin Sun is in the perfect position with Steemit and with his huge amount of Steem Power. Steemit and the Steem blockchain could literally change (improve) the lives of a lot of people. He only need to do the right things. The right things would really make the whole Steem blockchain well recognized and even loved by many people. The right things. Not forcefully replacing the top 20 Steem witnesses, and trying to centralize the whole Steem blockchain in his own hands.

  • @abbak7(74)· 2363d

    4 weeks could be the best they should get...and for everyone else too..

    Posted using Partiko Android

  • @thecryptodrive(70)· 2363d

    https://twitter.com/thecryptodrive/status/1236041595465564160?s=21

  • @abbak7(74)· 2363d

    Could have done this on Dpoll...

    Posted using Partiko Android

  • @erikah(83)· 2363d
    1. Justin can't be trusted, I don't believe a word he's saying.
    2. No one forced the exchanges to do stupid things. Let them clean up their mess. I'm voting for 13 weeks.
  • @moeknows(67)· 2363d

    I like option 2 the best. It is the best compromise.

  • @mahdiyari(73)· 2363d

    It can't be asap or when Justin commands us to run a hardfork.

    Hardforks are heavy actions that require heavy testing on testnet before applying. Also, all exchanges will be required to update their nodes too.

    There are reasons that we don't apply hardforks so often.

  • @edouard(68)· 2363d

    I was told to do due diligence before investing by this very community a while back and so it's a 1 for me.

  • @berniesanders(77)· 2363d

    I love when people with 0 say make polls like they actually matter.

  • @indigoocean(69)· 2363d

    1

  • @pfunk(73)· 2363d

    It's obvious to not give Justin Sun a hard fork that compromises the security of Steem to bail out his exchange buddies. This would include a 4 week powerdown which does not have a community consensus, and Justin doesn't count as community after attacking the network.

    If Justin promised his exchange buddies that if they powered up their customer's funds to attack Steem he'd be able to get it back to them quickly, well that's just too bad. It's between him and those exchanges.

    The exchanges powered up their customer's funds to attack Steem under current consensus rule of a 13-week power down and they can abide by those rules. Exchanges should begin power downs now to get liquidity for their customers ASAP. There should be plenty of liquid tokens available to them after just one week.

    Edit: and I had some idea they had a lot of tokens liquid already but I checked again and all three of the exchanges that were used by Justin to attack Steem have plenty of liquidity.

    Binance: 863,101 STEEM Huobi: 2,042,430 plus 2,091,683 = 4,134,113 STEEM Poloniex: 498,420 STEEM, not that anyone actually uses it

    But

    All of this begging witnesses to hurry up with a hard fork to accommodate exchanges that collaborated with Justin to attack Steem is likely misdirection.

    The real goal is likely to enable a fast power down of the Steemit Inc. accounts.

  • @anaclark(64)· 2363d

    I wish I understood what this means.

    I know what's going on with the sale to tron- but it seems I'm going to be reading a lot more on this today.

    I've reesteemed- what I do understand from previous posts leads me to comprehend the importance of what is happening right now.

    My reesteem is nothing seeing that I'm no one in the overall scheme of steem (on the larger scale), but I want to show support.

    Posted using Partiko Android

  • @abh12345(80)· 2363d

    FOUR. Every account gets a 4 week powerdown

    IMO, those exchanges were powered because he wants the insta PD not just for exchange accounts, but for his newly purchased accounts too.

    I'm not for changing the rules for a select few accounts, but would side with a compromise giving all accounts the same 4 week ability.

  • @paulag(74)· 2363d

    3 Allow Exchanges to carry out a once-off power down within 7 days.

  • @paulag(74)· 2363d

    2 Allow Exchanges to carry out a once-off power down within 4 weeks

  • @paulag(74)· 2363d
    1. Leave the current 13-week power down in play