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#steem

My Open Letter To Justin

Hello, @Justinsunsteemit. As @inertia said, Welcome to Steem. It's been a rough start.

I speak on behalf of myself only, as the 3rd biggest community elected proxy voter & I am the 3rd largest Steem hodler on the entire blockchain.

I leave emotions out of things and think of business logic first. I am not here to be anti-Tron nor do I have any desire to continue battling you if you were to remove the sock puppet witnesses currently occupying our blockchain.

In order to move forward, you will need to retract your "hacker" statements. Now that you know the truth those statements should be retracted and an apology is needed.

Steem has lived with the Ninjamined stake, promised since day 1 that would not vote and be used for community development. Steemit INC (USA based company) provided guarantees to the community about how the funds would be used. We never locked Steemit INCs funds, nor forked him out.

As a show of good fate, I would like you to remove the sock puppet witnesses, so we can talk on the same level rather than from a hostage standpoint.

"Meanwhile we would like to reassure you that we intend to commit to Steem for the long-term and we plan to bring a lot more value to Steem than even the value of our holding. We see the potential for growth here for both of our chains is tremendous and sincerely look forward to working with you on an ongoing basis."

These are the type of statements Steemit INC made since day one. That is why a lot of investors invested in this ecosystem because we knew there would be funding for future development. I would like you to publically renounce interfering in our governance with the Ninjamined stake. These are not demands, this is me letting you know what I would feel comfortable with as a large stakehodler on this platform. The current 30% of the Steem supply is enough to cause strain on decentralized governance.

In the town hall talks, you said you would be willing to donate a chunk to the SPS (Steem DAO) to help fund development and further decentralize the stake, as always intended. This would lower the amount you hodl thus lower the threat of a possible takeover if you ever go back on your word.

You ask us to say we won't support witnesses that freeze funds. Asking us to agree to that spins the narrative. We can agree that we started off on the wrong foot, there were no ill intentions at all. Ned did a shady deal without informing you, and with the hostile token swap/migration marketing, lack of communication, Zion account voting SRs in, Ned keeping all this a secret, and weeks of time passing, the witnesses implemented an easy to reverse soft fork. I, OF COURSE, would NEVER support any malicious witnesses that went "rogue" to freeze user funds. I have never voted for a malicious witness and I won't start today.

Regardless of the thoughts here, we can agree there was no ill intent. We simply wanted to inform you of what you purchased and see how you would react. From there we can either fork if we disagree and move on or work together if the plan sounds good. At least we wouldn't be blindsided. So if users want to "fork" out your stake, that would create a new chain and we would have Steem and the new chain. I would not support anyone forcibly taking anything away from you nor anyone else. From the VERY beginning, we wanted to know your intent. This is all voluntary.

Getting exchanges to vote was the worse thing you could have done and I hope you understand it is best to communicate directly with us asap when you have concerns.

With all of this said, of course, I would not support any witness with ill intent, meaning to cause harm to our blockchain.

Once you remove the puppets, and you do what you say you're going to do in that open letter, I believe there is a shot at keeping the community here. Any funny business and it will lead to a fork and split the chain. I believe a fork is inevitable at this point, but I will never give up on STEEM, and I will always vote for community elected witnesses here. If there comes a day you retake the entire network and force us on tron, I will consider it game over and would move on at that point. But as long as we have community elected witnesses that have even a remote shot at getting in, I will stay here fighting the entire time. We just want our home decentralized, we don't want 1 person to make all the rules. So if there is going to be a fork, and you're publically promising to do the right thing, it puts us back at the same place we were with Ned.

I really dislike Ned. I don't really dislike you. I really disliked a lot of what you said and did, but I am willing to give you the benefit of the doubt with the rough start. Regardless it does not matter what I think, STEEM is here, if you stand down and release our chain, let's at least see what happens from there.

This post was originally a response to Justins post here: https://steempeak.com/steem/@theycallmedan/q6vb16

Material On History Of NinjaMine:

The Steemit Inc. ninja-mined stake (SINMS) is said to consist of approximately 74 million STEEM tokens by those privy to the terms of the sale. Some of these tokens are liquid but most of them are powered up in @steem, @steemit, and @misterdelegation accounts. The sum of STEEM Power in these accounts alone is currently about 60 million SP. They also have almost 5 million liquid STEEM total. The rest of the total amount of STEEM is presumed to sit on exchange accounts.

With the 65 million STEEM and STEEM Power that is held between @steem, @steemit, and @misterdelegation As of writing a hostile attack by one party of the witness voting pool can be carried out. The top-ranked Steem witness have about 45.4 million SP of Steem user stake approval. If used, the 65 million SP of known SINMS can be used to attempt to vote the witnesses of one single party into the top 20 witnesses and thereby disrupt the consensus of the community.

References - Steemit Inc Discussing Use of SINMS

Code Development for SINMS Use Restrictions

Steemit inc code implementation of features to temporarily freeze stake in the circumstances that occurred after the acquisition:

Comments · 41

  • @arthur.grafo13(54)· 2360d

    A suggestion, if you do not mind.

    Not all steemians know where or how to learn what the latest news is.

    #berniesanders created a bot for him to ask for our witness votes. Well, how about a bot that goes out to all accounts with the latest news...even if only once or twice a week.

    People tend to respond and identify with those who communicate with them and feel an antipathy for those who ignore them, so this could be a wonderful marketing tool.

    Gosh, maybe I should have made this suggestion as a post so as to earn some few extra cents... lol.

    I'll be happy to see it applied, so ignore my 'being funny' comment. :)

  • @dr-frankenstein(66)· 2360d
    I am not here to be anti-Tron nor do I have any desire to continue battling you if you were to remove the sock puppet witnesses currently occupying our blockchain.
    In order to move forward, you will need to retract your "hacker" statements. Now that you know the truth those statements should be retracted and an apology is needed.

    The post is 100% anti-Tron.

    You are asking him to remove his Witnesses and say sorry for using the word Hacker, but you forget the fact that his stake was taken as a hostage before just because he did not vote on his witnesses. You are asking him to step down without the possibility of any guarantee that witnesses will not fork him out .... yea to the save the blockchain.

    I do not support either side, but I think you guys really lack the proper wite to procced with negotiation and conflict resolution. Because what you are suggesting above lean more toward populism instead of conflict resolution.

  • @crypto.piotr(65)· 2360d

    Dear @theycallmedan

    I like to see your postion of being neutral in this conflict.

    if you were to remove the sock puppet witnesses currently occupying our blockchain.

    I was just wondering: would you expect Justin to remove all witnesses and have no say on future development of Steem blockchain? Or would you be okey if he would keep 4 witnesses to actually have some leverage during future negotiations?

    Correct me if I'm wrong, but someone wrote lately that Ninjamined stake has been traded and large part of it has been sold within past years. If that's true, then all that sold and re-purchased STEEM should also not be allowed to be used to vote on witnesses. Regardless who is the owner of those tokens. Am I wrong ?

    Entire situation is surely very confusing and it seem to me that small users (like myself) are more often than not starting to see entire conflict as a power struggle and fight for total dominance on steem blockchain. The fact is that witnesses position has increased greately and it's a bit worrying to see, that entire power will be very centralized (just like having democratic country, where all politicians represent one group).

    It's definetly very worrying to see main investor being openly in conflict with community. I cannot imagine any project out there to be succesful while such a fight would continue.

    Hopefully narrative "us versus him" will also finally stop. It won't serve anyone in long term. So far both parties exchanged low blows and both played very dirty :(

    These are not demands, this is me letting you know what I would feel comfortable with as a large stakehodler on this platform.

    I really like the way you put things. Honestly I'm not sure why you're not one of top witnesses. Probably you would be one of very few who is well known, respected and who does support content creators.

    Yours, Piotr

  • @gorans(38)· 2360d

    Very nice

  • @oppongk(69)· 2360d

    Thank you Dan for your articulating message demonstrating you likeness & dislike. Very soon Justin will get to know how to move with us.

  • @daniella619(65)· 2360d

    Burn Justin

    Burn

  • @arcange(79)· 2360d

    Congratulations @theycallmedan! Your post was mentioned in the Steem Hit Parade in the following categories:

    • Comments - Ranked 4 with 93 comments
    • Pending payout - Ranked 9 with $ 58,34
  • @gandhibaba(75)· 2360d

    This is one of the most reasonable posts I have read about this Justin Sun saga. You made very clear points, with the readiness to move forward - not the disturbing fuck-justin-sun posts. Thanks for taking up this leadership challenge. Cheers!

  • @dickturpin(66)· 2360d

    There's one fatal floor in this yet another "Open Letter" which initially I thought was going to be an Olive Branch offer. There are at least three specific things @Justinsunsteemit is being asked to do so that "we can all move things forward" and yet I see no counter offer other than "We'll work with you so long as you do what we want." In any negotiation, each side should have something to give to the other side otherwise it's pretty much one-sided, isn't it?

    #justsaying


        <img src="https://cdn.steemitimages.com/DQmckV9fUb4LFTv9kQuHP2ahm7i1WgLKwdPmajXY7VoLCS2/typewriter.jpg" />
    
    "If you don't have enough steem power or dollars to upvote me; resteem me instead. Resteems are worth their weight in gold!"

    Don't forget, you can upvote peoples comments too!

  • @schattenjaeger(71)· 2360d

    Just a little over one million SP is the third biggest these days? Wow.

  • @zoroastro(25)· 2360d

    I am a fairly disappointed Steemit user and Tron investor. I had not entered steemit for years and the news of Tron's investment brought me back with renewed enthusiasm. Now I think that I have been scammed as a Tronix investor and I think that money should be returned to Tron Fundación for chips that the casino says are useless. On the other hand, one of the virtues that attracts me most to the blockchain is the elimination of having to trust anyone. I think the case is judged and you fill your mouth talking about values ​​but the mobile in the end is always the same.

  • @appalachain(59)· 2360d

    I want to see our relationship with Justin be a good one that we all benefit from, but man... After the saying one thing and doing another, double speak, not being direct and plain with his intentions, pandering to different parts of the community, the sock witnesses, and coming in here with an arrogant attitude, guns blazing, and obviously not having a clue what he's doing or what he's talking about, I'm gonna have a real hard time, and it's gonna take A LOT for me to trust him at all, and I still stand by what I said. Outside of this, I will never have anything to do with a project He's involved with again.

    He's gonna have to humble himself a whole lot real quick if he wants to salvage this. He came to us. Nobody asked him to be here (except maybe Ned and if Justin wants to go throat punch him, I couldn't say I'd blame him). This ain't the Justin Sun show. Nobody gives a damn about his money or his resume (or at least I don't). It don't Impress me a bit.

    I really hope he does study up and this works out, but, If not and we tell him to take his stake fork off, what gives steem value will be gone too. Then what will he be left with? As much as it might hurt his pride, It would be in his best interest from every perspective to cut the big shot billionaire act, that everybody sees right through anyway, keep his mouth shut unless he has a question, and listen to the devs and the witnesses. At least till he's competent enough to have an informed opinion.

    Sorry for the rant, but I still got the red ass...lol

  • @joeyarnoldvn(68)· 2361d

    Dan, absolutely. I agree with your open letter. I would encourage Tron Overlord Justin Sun to apologize but I may not go as far as to ask Roy Liu and Tron in general to retract sock puppet accounts, bot profiles, but instead to persuade to crypto exchange websites to power down Steem they acquired, temporarily borrowed, or stolen, or whatever people want to call whatever actions that were taken.

    Robbery

    I call it theft. People tell me it was not robbery. But Tron was indirectly stealing in a way. Of course, banks do this kind of thing but shouldn't.

    Witnesses

    Well, let me peddle my bike backwards and say maybe I would want Tron to turn off their sock puppet witness accounts, I mean Steem accounts that accounts voter for to be witnesses. If I wanted to be a witness, would I go somewhere and press a button or do something?

    Remove Tron Witnesses

    I don't know what the details are, but perhaps Tron witnesses could press that button to turn that off to discontinue from being witnesses. But Tron will probably not comply.

    Funny Feeling

    I've tried to like Ned Scott of Steemit but have had a funny feeling about him. I had a funny feeling about Tron when I first heard about it but have tried to keep an open mind. If Tron truly uses blockchain technology, then I do wish it the best.

  • @preparedwombat(79)· 2361d

    As a show of good fate

    faith instead?

    Although it is a good Freudian slip. 😅

  • @farizal(64)· 2361d

    Whales gives me FUD. Hopefully, my anxiety can cool down for a while.

  • @offgridlife(74)· 2361d

    Great post.... hoping we can move forward in a positive way. Upvoted and Resteemed and Retweeted. #posh #steem #tron @theycallmedan @justinsunsteemit

    Tweeted here : https://twitter.com/Offgrid_TV/status/1236785177499762690?s=20

    FC7F2AB3-CBF5-41E1-A1A2-B64C5781E128.jpeg

  • @calisthenicsdrop(66)· 2361d

    Great and well said! Let’s hope will stay this way as long as possible and will not see any more attacks over the network.

  • @zoroastro(25)· 2361d

    Yo soy un usuario bastante defraudado de Steemit e inversor de Tron. Hacía años que no entraba en steemit y la noticia de la inversión de Tron me hizo volver con ilusión renovada. Ahora pienso que se me ha estafado como inversor de tronix y creo que se le debería devolver a Tron Fundación el dinero de unas fichas que el casino dice que no sirven. Por otro lado una de las virtudes que más me atrae de la blockchain es la eliminación de tener que confiar en nadie. Creo que el caso es de juzgado y vosotros se os llena la boca hablando de valores pero el móvil al final siempre es el mismo.

  • @sharatdotinfo(56)· 2361d

    Is the community really helpless in reversing this hostile takeover?

  • @ammonite(73)· 2361d

    I'm afraid it's seeming more and more likely a fork is on the cards. It is a pity that it has all come to this. I hope Justin will realise that without a community his tokens are worthless, before it is too late.

  • @abitcoinskeptic(75)· 2361d

    I agree, Justin needs to apologize and back down. I dont care about the order. But witnesses will agree when it is sufficient.

    Forcing us to agree to anything will not be pretty. That is not how we reach agreements.

    The witnesses made an extremely difficult and extraordinary choice. After reviewing the evidence presented by both sides, 99% of community members and about 90% of non-steemit held steem agrees that steemit held steem is not yours.

    Good luck moving forward with those who 'support' you. Most are in to negotiate something else, and the rest, maybe they like you better. Most still have hope this can cool off and want to keep balance until then.

    I have my doubts something can work out if you keep pushing tron. Stop, back down study steem. Come speak to us on our terms and not as the guy trying to steal everything we built. Maybe then our attitudes will be better.

    Justin, I suppport Dan much more than you. Dan and I, although not buddies are familiar with eachother's work amd actions around here. We have expectations and trust amd respect. They key point is this is earned...and not at the tip of a blade.

    We have no where else to go. You do. Back down. Try again later. We won't touch your funds. I suggested elsewhere to give you about 6 months after main chain release of SMTs to come to reason. Can you waiy until then?

  • @pele23(75)· 2361d

    Who knows he ever reads this... I hope, but I don’t think so

  • @steevc(80)· 2361d

    Thanks for standing with us. I have met a few of the other witnesses and I can see they believe in this platform despite what some people say about them trying to stop others earning. I see no sign of that. This community is something special and worth preserving. I hope Justin can appreciate that. I'll buy some Steem off him if he wants to offload it, but cannot afford much.

  • @carapthian(46)· 2361d

    Finally a constructive post with the intent to cooperate and move forward. If all parties would be willing to communicate based on reason rather than emotions we could be seeing a cooperation that could achieve great things. Hope things are turning around now.

  • @mindtrap(75)· 2361d

    I will just leave this here...

    20200308 22_54_54TRON Blockchain is controlled by BINANCE, with 54 of Total Control _ SteemPeak.png

    So CZ doesn't even know Justin eh? And he didn't know how to power down and such...

    I think he is just stalling...

    And now this? He initiated a 16K SP power down? Are we even serious?

    I just hope that this whole thing doesn't blow up on our faces...

  • @firstamendment(58)· 2361d

    when dealing with justin, read the first chapter of the art of war by SUN tzu: http://classics.mit.edu/Tzu/artwar.html

    You'll see what all the deceptions are about, and his pandering to the Koreans to divide us. Not to forget he's committed felonies in the process, he fed viruses to Binance and Houbi, libeled the witnesses as hackers when all along he was the hacker (see Saul Alynski's rules for radicals), and is still using company restricted stake for unlawful purposes. He is still scheming all the time and a pathological liar....even if he is scheming to liquidate company restricted sales to line his pocketbook. image.png https://twitter.com/CiaraHuobi/status/1236507470895427585

    The best thing to do with him is report him to the FBI, and SEC, and put pressure on the USDOJ to prosecute him.

    Feel free to use the below Image taken from the Hillary for prison campaign: image.png

    Post it all over twitter. And Target Opera and Samsung on twitter that tron is a imminent security threat who knowingly and willingly install viruses and that these companies should remove all tron products.

    Justin Sun Cannot be trusted.

  • @barvon(67)· 2361d

    I hope this explanation is read and understood by @Justinsunsteemit

    STEEM ON

  • @followbtcnews(68)· 2361d

    Thank you for writing this Dan. I back your statement/response 100%

  • @mattsanthonyit(81)· 2361d

    You made everything possible to get to the bottom of this mess caused my #tron that's life individual differences. Sometimes misuse of wealth and knowledge leads to downfall of followers but here is so different. We are called Community not what Justin thinks.

    Posted using Partiko Android

  • @ayopeju(67)· 2361d

    You are a genius. Well-done Mr Dan

    Posted using Partiko Android

  • @miti(76)· 2361d

    Thank you Dan for the beautiful words you spent about Steem Blockchain. But I think they are vain words addressed to a person who does not have willing to listen. So maybe it's time to decide what to do next.

  • @kaminchan(76)· 2361d

    Being realistic with human nature, especially someone who is used to exercising lots of power, it’s impossible to change the deeply ingrained nature like that!

    A hard fork is the most realistic solution! Sorry to sound pessimistic! But I have been observing many entrepreneurs and investors-politicians in my country, these people will never change because of their greed. Several of my acquaintances have been advisers to politicians,the rich and powerful. Corruptions are rampant because of greed! Very sad indeed!

  • @edicted(83)· 2361d

    I believe I saw something very similar to this as a comment in Justin's latest post, but I'm sure you reposted for visibility.

    Just like the exchanges, it is foolish for us not to be powering down. You should be using your influence to get other large stake holders to all start powering down at the same time. We can organize a sister fork and dump on Justin's chain; funneling that value into the sister fork. It will only take a dump of 2M-10M coins on Justin's chain for the value to tank under a penny per coin. There aren't going to be a lot of buyers on that front.

    As you are already aware, these discussions with Justin are 90%+ likely to be completely pointless. We shouldn't even be talking to him anymore. CZ is the real target at this point, and it would be nice for him to know that if Sun botches this takeover more than he already has (very likely) Binance is going to be in a lot more trouble than they already are.

    I support a sister fork where every account that voted for the puppet witnesses get frozen, and then we begin the long journey of figuring out which accounts to unfreeze and when. This includes the Steemit Inc. accounts, Binance, Huobi, Poloniex, a part of the Korean community, and a handful of low-stake holders who didn't know what they were doing.

    Obviously first on the list to get unfrozen would be the Korean accounts and low-stake holders. The exchanges need to meet several demands before their accounts get unfrozen, and the ninjamine will probably be forked to null, as it's value is negative and 100% a liability.

    Conclusion

    We are not organized enough and need to start rallying support for a SINGLE fork now, rather than when Sun pushes a hardfork and we are on the backfoot. However, unless this stalemate lasts for months, we likely have to wait for Sun to FUBAR the chain before we have enough support to sister fork. I hope he bricks the chain. Still, we should have one ready to launch ASAP so we can deploy immediately. And we should be ready to dump on Sun and leave him with nothing. Also, we should be going over his head and talking to CZ directly about the severity of the situation. He doesn't seem to realize that we don't need a super majority to sister fork and do whatever we want.

    If Sun Hardforks the Steem blockchain, that fork is no longer the Steem blockchain. CZ needs to be made to understand this, because Justin is not listening to us and talking in circles. JS has legendary tunnel vision right now, and doesn't realize his HF will immediately nullify all his assets, while if he stands down he can still get a return on the investment.

  • @dylanhobalart(74)· 2361d

    This is going to make us more resilient! And I hope it get better soon. Can't spend anymore time on twitter, but it seems to be the battlefield.

  • @sinistry(62)· 2361d

    I agree with this sentiment and I'm beginning to kinda want to see Justin's humanity surface.

    I think one of the most exciting things about this entire event has been how it's forced the narrative to acknowledge the PEOPLE involved.

    Justin is a successful business man who is steeped in a world that kills you the second your guard is down. As much as I despise what I've seen from him I want to understand and acknowledge how he got there, but not while making ourselves vulnerable to him. He's proven what he has to do to resume business as usual.

    The way things are done here are in contrast to the tactics that made him one of the most powerful players in the space. It's our job to teach him how to work here if he's willing to learn. I think he can find multitudes of success here and we could greatly benefit from his presence but not while there's a gun in his hand.

  • @bosman(53)· 2361d

    Dude, do you ever sleep? :) Thanks for everything you are doing for this community.

  • @vikisecrets(80)· 2361d

    Sounds reasonable, in support :)

  • @maxwellmarcusart(80)· 2361d

    Getting exchanges to vote was the worse thing you could have done and I hope you understand it is best to communicate directly with us asap when you have concerns.

    A very bad decision... but reasons best known to him.

    Decentralization has always been one of the main reasons why we are here and if that is shattered, then our trust for this blockchain will be lost.

    Posted using Partiko Android

  • @mrgreen(64)· 2361d

    sun 3.png

  • @acolucky(65)· 2361d

    When will this end?

  • @wandrnrose7(69)· 2361d

    This is pretty clear and shows good intentions. Thank you for your support for the future.