A lot of us knew this was gonna happen.
What to do next...
RE: HF 22.5: Binance, Poloniex & Houbi Take over Steem
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HF 22.5: Binance, Poloniex & Houbi Take over Steem
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Withdraw all steem from such centralized entities.
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They are changing the power down time to 1-3 days to allow their exchange buddies to free up customers' STEEM they powered up.
Might not be a bad time to exit.
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Very interesting. I was wondering how these exchanges would meet customer redemptions (withdrawing Steem).
This is another major change not agreed by the community.
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And there's your answer.
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If they power down they lose the witness standing. Whatever they do, they are fucked.
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The STINC stake is more than enough to keep the top witnesses.
They just needed their exchange buddies to undo the soft fork to unfreeze STINC.
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Hmmm, then we must fork. No more ninjamine, and even better, make the exchange accounts unable to transact at all, outside sending and receiving steem and sbd. There's no winning my trust again Steemit, @ned, I am sure that this is now the de-facto sentiment for 99.99% of the community, mark my words.
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Should we fork like Weku?
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Weku isn't a fork at all. They literally copied pasted the repository and started a new chain, invariably more corrupt and shady than steemit, which is quite an achievement.
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Well, I'm guessing that Smoke, Bear Shares, Dream Real, Weku like you said, @baah, and Serey, are all not forks of Steem and are simply like copies or clones as you put it. My definition of fork would include clones. But strictly speaking, they didn't literally fork like Bitcoin Cash literally forked and split from BTC Bitcoin. Therefore, I guess there has been no Steem forks yet. I remember when Bitcoin forked one time and in one of the exchanges, I think Bittrex, I saw my Bitcoin split so that I would have say 0.005 Bitcoin and 0.005 Bitcoin Cash or whatever it was during the split into Bitcoin Cash and Bitcoin Gold and I don't remember how many times.
But if Steem were to really split and fork like Bitcoin, I wonder if crypto exchanges would split and give clients Steem and New Steem or Old Steem in the same way they did when Bitcoin would split.
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Hmmm, then we must fork. No more ninjamine, and even better, make the exchange accounts unable to transact at all, outside sending and receiving steem and sbd. There's no winning my trust again Steemit, @ned, I am sure that this is now the de-facto sentiment for 99.99% of the community, mark my words.
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How to fork? where to discuss? Not here?
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This is the crux of the matter as far as I care:
Everyone who has been involved in this has decidedly demonstrated that they cannot be trusted, either because they powered up steem which now is locked up (hence the joke of withdrawing steem) or because they colluded in this fashion.
What can be done? Besides the majority witnesses stopping their servers in protest while everyone else demands their steem back, I don't know.
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Let's get M.A.D. !!!!!
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like Mad Magazine, Spy vs Spy lol
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