Blurt set to burn tokens in users wallets?

in LeoFinance2 years ago

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I can't be bothered to keep up with the politics on Blurt. It's absolutely insane what goes on over there. Talks of freezing accounts that don't conform to what the founder has in mind. They pride themselves on not having downvotes, but they can remove the ability for an account to receive any upvotes with one central authority. This to me is even worse than downvotes.

That being said, I was contacted about something else going on now where the founder wants to remove tokens from users wallets who didn't not use them in a way that makes the founder happy (i.e. they just let them sit in their wallet).

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I don't know the full story around this, but from what I gathered with a quick skim is they want to burn tokens that were airdropped at the creation of Blurt of those users who are not using them. For example, @blocktrades is a target with over 2M Blurt.

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Regardless, I can't see how burning tokens in users wallets via a hard fork going over well. Once that line is crossed, nothing is sacred.

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This maybe limited to "exchange" accounts, based on this comment. Looks like they made a mistake with distribution and want turn in a get out of jail free card. @blocktrades is both a person user as well as an exchange and may be the reason he was specifically mentioned. I can't be bothered to look more into it.

You can see the procedure here what they have in mind.

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It looks like they plan on forfeiting 175M Blurt from "exchange" wallets, potentially more if they expand to all users that haven't transacted since genesis. If this is the case, this would burn over 11M tokens from @freedom account.

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I also read this and my plea to @blocktrades and @freedom is power them down and dump them.
The other point raised by hard forks is that I never gave permission for anyone to open me an account, this of course applies to the steem, hive split too. Although it isn't much, my data was passed on without my say so.

Total non sense on Blurt, leave em to it!

LOL. This must really hurt for blurt as these persons won't even bother to claim these huge amounts they are giving them for free.