RE: Vlog 459: A sad day for Steem

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Vlog 459: A sad day for Steem

in exyle •  5 years ago 

What are the exact exit criteria of the fork?

Different witnesses may have different expectations. So far, there seem to be only two witnesses in the top 31 who do not run the soft fork (timcliff and jesta). Of these, some may be content with Steemit and Tron giving more information such as a roadmap or vision, plus stating what they will be doing with the stake. Others may have a more drastic view and think that the stake should not have been Ned's to sell for profit to begin with, and should instead stay with the community.

So how would it be resolved if there are different views for what the criteria should be? It's quite simple. As we learn more, some witnesses may be comforted by what they see and choose to not run the soft fork, then eventually there'll be a majority who do not, and it will be reverted.

My criteria is first that we get a concrete and detailed answer by Steemit Inc and Justin Sun themself. If their answer is drastically different to the original promise Steemit Inc had, then I think it would be fair for the community and stakeholders who invested time and money into Steem on that basis to have the time and availability to leave before such changes are applied. If they promise to treat the stake the way they did before through not voting, then I would expect them to use the "decline voting rights" operation which removes those functions from an account. If they do go along with the opinion that some have that the stake they have is supposed to be used for community growth and further decentralization, then I would hope to see some action performed that make this "trustless" through either a donation to the steem.dao, or a foundation.

The important part is this: We need to know if the previous conditions for the stake still apply or not. And if not, what the new conditions are. And then be able to move on from there.

I agree that there is a risk here in terms of perception. I also think Tron and Justin Sun offers a unique opportunity for Steem to gain some much needed marketing talent and financial resources. So I am motivated, and can promise, that I will do what I can to pursue a positive outcome for Steem, and hope for a situation where the two projects can find mutual benefit and create a win-win for users and stakeholders on both sides. Therefore I will be spending a lot of time and effort the next few days in a diplomatic way to try and make that happen.

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Therefore I will be spending a lot of time and effort the next few days in a diplomatic way to try and make that happen.

That is very comforting to hear. I appreciate that.

I wish, reading your criteria above (third para) that they were defined as such by the community consensus statement because your criteria are concrete and do elicit confidence.

As we learn more, some witnesses may be comforted by what they see and choose to not run the soft fork, then eventually there'll be a majority who do not, and it will be reverted.

They may, or they may be caught up in the group think and not wish to step out with the common thinking. You might be able to tell but I am not very fond of may in this circumstance. You could say that there may be a chance that strong personalities push their own distrust if Justin Sun onto others through the coming weeks. There may not be a sufficient answer and the softfork may remain in place forever.

I guess we will see. Sorry for removing your witness vote after such a short time, I will, based on your splendid discourse here, re-instate it.

Told you I was flighty ;O)

I very much appreciate it! I also realize how providing clear criteria would make this appear more thought through and also make the whole situation more clear and not look as uncertain.

But the intention is for it to buy time for such conversations to take place without any fear of sudden irreversible actions being done.

In any case, I look more forward to getting to know what future plans Steemit Inc and Tron have come together to find. I am an optimist at heart and do think that we can turn all of this into strength going forward. I have never seen this many witnesses get active as has happened following the acquisition news. Nor have I seen as many users participate in witness voting and conversation on the fundamentals of what we want this blockchain to be. And that is promising to me of a community that cares deeply about thsi chain.

Yes, I understand that groupthink can be an issue. Which is why these conversations now with the rest of the userbase is so important.

I much appreciate that you put trust in me and my team. I'm here for the long-game with Steem and will do my best to see it succeed.

Thanks for answering all the questions in the calm and respectful way that you have, man.