HIVE feed price is the 3.5 median price from all the submitted entries from the top 20+1 witnesses in that period. This price usually lags behind the market price.
A very detailed educative post, but if those top 20+1 witnesses want to flip the switch together ?
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Yeah somebody can always pull the plug. But ultimately we can always FORK away if there's to be a radical problem.
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You mean like during the Sun Wars?
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Well the Hive stakeholders need to be sure in the witnesses they elect to run the chain :)