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?
You get it.
the only other thing you are missing is that Steemit was corrupt from the very beginning