RE: Nov 6th, 2022 STEEM and SBD holdings by exchanges

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Nov 6th, 2022 STEEM and SBD holdings by exchanges

in avle-pool •  2 years ago 

Steem witnesses froze eight accounts, blocking 17.6 million tokens worth approximately $3.2 million. Thus, the network is trying to stop the influence of "whales" who have switched to the new Hive platform. The list of frozen accounts was posted on GitHub. Recall that on March 20, part of the Steem community separated and created a new Hive platform to put an end to the struggle for network management that unfolded after Justin Sun's acquisition of the Steemit startup. The confrontation between the old and new Steem leaders has been going on for almost two months, clearly demonstrating the shortcomings inherent in the Delegated Proof of Stake (DPoS) consensus mechanism. Shortly after Justin Sun's acquisition of Steemit, major exchanges, at his request, used the coins they stored to change the consensus of the Steem blockchain. Justin Sun explained the change in consensus as a hacker attack, but the community did not accept his version of events, which subsequently led to a hard fork and the appearance of Hive. Founder of the BlockTr exchange

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