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RE: Why Did We Choose This Path?

in #steem4 years ago (edited)

We break our own DPOS rules to pre emptively fuck him in the ass because of some shit ned may or may not have promised.

Incorrect. The code to freeze Steemit, Inc's accounts' voting rights was in place but it simply wasn't activated, yet.

Also, the first thing Justin Sun did after he had purchased Steemit, Inc was to announce publicly that he was going to dismantle the blockchain.

Now I must be completely fucking mental because I feel most of the community and existing stakeholders sort of went out of their own way to fuck ourselves. Why did it play out this way?

Because with a single point of failure in charge of everything, there is no point of being a blockchain. There is no censorship resistance and thus no selling point. For scaling reasons, Steemit, Inc could just as well have moved the back end over to a centralized database.

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The issue was not voting rights, they prevented powering down and cashing out.

Of course, they did. Otherwise they simply could've powered down and used other accounts for voting.

Saying someone "could've" done something is meaningless considering there was no action or even a signal of intent. Suspicion of others does not justify attacking them.

The very first thing Justin Sun did after he acquired Steemit, Inc was to tell the entire world that he was going to destroy the Steem blockchain. There would be a one-way token swap from STEEM to a TRC10 token on Tron and that the entire ecosystem would be moved over to Tron. After that he backpedaled saying that, the chain would be left to exist independently - for now.

Those are hyperbolic exaggerations. The only relevant point is he did not initiate a power down or signal intent to affect STEEM governance. In fact he has stated the opposite, that he has no desire to be involved in the politics of governance on STEEM.

Those are hyperbolic exaggerations.

Absolutely not. Do you really not remember what the Tron foundation announced to the world on the 14th of February?

https://www.coindesk.com/steemit-sets-up-shop-on-tron-network

The only relevant point is he did not initiate a power down or signal intent to affect STEEM governance.

How would initiating power down signal interesting in taking part in governance? How would that have been a demonstration of aggressive intent? Yes, he said that he wasn't going to get involved in Steem governance but that was just BS. How would you be able to dismantle the chain except by taking control of it and implementing whatever hard fork you see fit?

In fact he has stated the opposite, that he has no desire to be involved in the politics of governance on STEEM.

The context of that was after having being met with fierce resistance in the middle of a battle over governance on Steem.

Justin Sun thought he had bought the commmunity when he acquired Steemit, Inc and that it was his to move over to Tron. Turns out this acquisition was different from any of his prior acquisitions. You can't buy people.

You are making too many assumptions about what his statements mean. An airdrop doesn't necessarily mean destruction of the original coin, and having the networks work together is a good idea especially considering the focus on SMT networks and communities.

Good post