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RE: Vlog 459: A sad day for Steem

in #exyle4 years ago

That's what Exyle said in the video. But I can't imagine a supermajority of witnesses being OK with that. The whole point is that the Steemit Inc ninja-mined stake is a special case, as up to this point it has been clearly declared on many occasions as earmarked solely for the development of the Steem ecosystem, and to be non-voting in governance issues.

So no, selling it on Binance would not be OK according to a supermajority of witnesses. Check it for yourself:

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

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So no matter who bought the steemit inc and/or their stake would be fucked? Good to know x)

Well, ehm, depends on how you look at it. Personally, if I had enough money to buy the Steemit Inc stake, I would do my own research before sending the money. I would then already know that the stake I was buying was promised to be exclusively used for the development of the Steem eco-system. Since the softfork now only codifies that, I would not be fucked.

I would think Justin did his research and used this knowlegde to negotiate a fair price with Ned. In that case, he should have expected there was a good chance this would happen, since after all this is a DPOS consensus based blockchain and this is how things work here.

I can see how its just codifies it now, that makes sense to me. But as @exyle, its done and thats a slippy slobe :)
And done his research ye well, I have been here over a year and the first time I knew anything about the Ninja-mined because of the buy. I had no idea before.