Hole story of Justin’s failed attempt of hijacking steem blockchain in brief you will love this steem community win

sumit1998 (66) in hive-175254 • 5 years ago (edited)

This is like black day in decentralised world of crypto currency when exchanges and Justin sun tried to hostile takeover of steem but he failed in his vision. In so many countries it’s the time of night even in China it’s night when the started and by time passes they take there step back for there decision.

The hole story

The all started with when new soft fork 22.2 has frozen the accounts of Steemit inc for the safety of steem ecosystem because after buying Steemit inc Justin says he will migrate steem to tron and that is worrying things because he has bought Steemit not steem that’s why group of witnesses decided to frozen the funds temporarily not permanent here is the link If you already read that if not go read that first then you probably know there is clear cut statement that it is temporary action it will be take back after clear vision of tron-steem mutual roadmap. That action is taken positive response for community because this is done for community you can decide by seeing the rewards and upvote gain by the soft fork account

After that Justin sun post an open letter to community where reacting about softfork 22.2 and saying that there are so many ways that they can introduce trx to steem blockchain and looks like he will treat steem separately and community responses him in good wives. Here is the link to the post that post done great in terms of upvotes and value gained by the post you can see yourself,

Till now everything looks great and we have seen that steem and tron has mutual collaboration with there team every is going great....

This is the first half of the story after that real story started,

The second half started with a post coming from steemitblog An Open Letter to the Community - HF22.5 in this blog they are like SF22.2 is an attempt to hack steem blockchain which they are wrongly showcasing the facts about SF22.2 they are like every steem coin is in danger they doesn’t clarify that this action is widely accepted on steem blockchain community by people’s the SF is supported by witnesses which are running this blockchain from years and they are saying that it’s an Malicious and anonymous group attempt to attack on steem blockchain. This post got negative response from community you can check it out

Just check the post you will understand who is trying to be a bad actor weather it is SF 22.2 or what they are doing HF22.5 ??

After that exchanges binance , huobi, and Justin Owned exchange started powering up and they do what we are fearful about they make new top20 witnesses of there choice to make things in favour of Justin and after that Justin has power to do anything on steem blockchain.
Here is the image that shows how few people are trying to control steem blockchain

After this incident climax has started hero’s of steem The community members started there role and Take there position on Twitter against binance , huobi and Justin sun there is not that much tweet in the history about steem that we have witnessed in last 24 hr ethereum founder vitalik has also tweeted about this incident and after that the eyes of cz_binance has been opened and he says he will take the action back again on demand of community.

Justin is still acting like he is saviour of steem and tweet nine tweets back to back to prove himself as an hero but before you think he is hero just read comments below them you will understand what just happened.

As like this the hole thing has happened and at the end of the day it’s an another day when community units and rules over the steem blockchain. Justin is like I am a big fool that I started fighting with steem community now he will see the Consequences for life time from steemian like me and others.

Original post by @sumit1998

hive-175254 steem tron hostile-takeover promo-steem posh sumit1998

5 years ago by sumit1998 (66)

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crypto.piotr (70) · 5 years ago

Dear @sumit1998

Thanks for sharing your thoughts on current situation.

This is like black day in decentralised world of crypto currency when exchanges and Justin sun tried to hostile takeover of steem

One thing that surprise me is the fact, that so many users are mentioning centralization/decentralization of steem blockchain. Previously to current situation this place wasn't decentralized at all. It was more like a democratic country, where almost all 20 major politicians know each other and collaborate and are part of one party. Only now we finally are witnessing some sort of decentralization. Wouldn't you agree?

Justin is still acting like he is saviour of steem

So do witnesses - people who mostly didn't care about small users like yourself (or myself for that matter) until now. Don't you think? Let's try to see things from perspective and avoid being used in other peoples fight.

So to wrap it up:some low blows coming from both sides has been exchanged. Some people think that soft fork was unnecessary provokation, most seem to believe that it was necessary and justified. Either way - soft fork and justin reaction escalated this conflict.

Right now it's hard to imagine that those 2 parties could get along. Level of hostility and narrative "us versus him" is just to strong. Even if witnesses (with their support) would "destroy and teach" Justin a lesson - where will it all take us?

From business point of view, I cannot imagine any project being succesful if establish community is fighting with major investor. It's hard not to think that things will only get so much worse.

Yours, Piotr

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sumit1998 (66) · 5 years ago

I completely agree with you on first point that this is like democratic country but it is in our hands that who should be witnesses.
I do agree that we should not fight with big investors but he should also be supportive to community as like when the funds of Steemit inc has been frozen he is acting like ok I understand community is in fear mode but I will not hurt community, in his open letter he was acting like this but he attempts to do things like this is hack that Steemit inc funds are frozen. He is showing two face.

Your point that we small people should not care about this, so in my point of view we small people has given this value to steem and when I am seeing the value is in danger we should speak and that’s what we are doing by pushing old witnesses back to top.

I like that you have readed my blog every time that’s an great of you.

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crypto.piotr (70) · 5 years ago

Thanks for your reply @sumit1998

it is in our hands that who should be witnesses.

Unfortunatelly I do not see it that way. People like yourself and myself have very little (close to ZERO) say who should be our witnesses. Wealthy people, whales and other witnesses are deciding for us. For entire community.

That's not decentralization. That would not be also democracy - if 95% of population would have less to say than remaining 5% of wealthy people.

And current conflict is nothing more than fighting for power. I hardly doubt that Witnesses will ever put any effort to support content creators like yourself. They never did in the past - and I'm not alone with this opinion.