Why exchanges have no other options to vote for Justin's witnesses again

in steem •  5 years ago 

I just want to reply to this issue brought by @aggroed.

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Here are the reasons they will vote for Sun sockpuppets again.

  1. They took money for it and still have an obligation
  2. To unlock their funds they need a hardfork. To organize hardfork they need to work with Justin.

So, what to do next if you want to secure steem chain from "takeover"?

  1. Don't send STEEM on Binance, Huobi, Poloniex
  2. Buy and stake and vote for witnesses.

Thank you!

You could reply and follow me here
https://twitter.com/br0nevik

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  ·  5 years ago (edited)

I don't want to speculate on whether or the exchanges have an obligation. But, the exchanges could initiate their 13 week power down now. Power down can be cancelled if the power down time shortens later or they decide to use custodial stake to vote again.

Exactly. If they wanna show goodwill to community they could do it anytime with literally 2 clicks and no real obligations.