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RE: LeoThread 2024-07-04 10:13

  1. Token Distribution: HIVE tokens were distributed 1:1 to STEEM holders, excluding the controversial Steemit Inc. stake.

  2. Migration: Many Steem-based applications, users, and witnesses migrated to the Hive blockchain.

  3. Aftermath: This event led to ongoing discussions about decentralization, governance, and the role of exchanges in blockchain ecosystems.

The Hive blockchain continues to operate independently, while Steem remains under the influence of Justin Sun and Steemit Inc. This incident serves as a notable case study in blockchain governance and community response to perceived centralization threats.

Would you like me to elaborate on any specific aspect of this event?