An Open Letter to the Community - HF22.5

roelandp (74) · 5 years ago

Do you understand this is exactly what we wanted to prevent?

With this move you:

literally killed Steem.
used Customer Funds, called your "friends" at exchanges. And without customer knowing, used funds residing on exchanges, to power up and vote.
centralised the Steem chain.

Preventing this is the reason why softfork 22.2 was implemented in the first place. But how stupid where we to not include befriended exchanges. We discussed it but we could not believe crypto-world would be so stupid. Apparently exchanges pick a side.

Please understand you have killed a wonderful community of four years. Real people. From all over the world. Not bots or gambling apps.

Maybe your chain will continue, but it will be an empty shell. Happy pumping.

$83.09

tarazkp (80) · 5 years ago

seriously, they used the stake to downvote comments....

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scooter77 (67) · 5 years ago

@ben is a steem whale. Early Adopter. Not sure how he is aligned to Steemit....

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enforcer48 (68) · 5 years ago

That account has been sold.

dhimmel (65) · 5 years ago

The changing of the private keys does support this inference https://steemd.com/tx/24fcc974e1318a2665b6bc30c871d3247959203c

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apsu (65) · 5 years ago

It's a Justin Sun/Steemit account.

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tarazkp (80) · 5 years ago

@ned is/was a steem whale. Early founder.

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roundbeargames (70) · 5 years ago

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fillow (59) · 5 years ago

Lol😂

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tronangel (8) · 5 years ago

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tuck-fheman (74) · 5 years ago

Annotation 2020-03-02 052009.png

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13 votes

scooter77 (67) · 5 years ago

And changing the powerdown to 24 hours for what reason? That doesn't make sense and obviously won't be a community decision! Centralization at it's best!

enforcer48 (68) · 5 years ago

So his exchange buddies can power down all the customers' funds they powered up to save STINC stake.

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11 votes

sneak (64) · 5 years ago

And changing the powerdown to 24 hours for what reason?

After centralizing the chain so totally and all of the dapps shutting down in protest, it would otherwise take weeks for every single user to rush to the exits as fast as possible and the price of STEEM to tank to zero. This way, the dumping can commence the day after they unilaterally change monetary/issuance policy of their centrally-managed, centrally-issued, unregistered publicly traded security.

fredrikaa (70) · 5 years ago

I think it's more likely that they had to agree on doing this in order to have the exchanges move along with powering up all of their user's STEEM.

They knew that as soon as the SP on the exchanges was used to give back voting rights to the Steemit Inc accounts, those in turn can implement the new fork and they wouldn't need to use the tokens on those exchanges for voting anymore.

So the power down is likely added to allow the exchanges to power down quickly again once everything is "back in order", so that their users won't be too mad.

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berniesanders (77) · 5 years ago

ookamisuuhaisha (57) · 5 years ago

Why? Of course to un-power all what's recyclable, and probably to somewhat defend against any attempt to enforce things like https://developers.steem.io/apidefinitions/#broadcast_ops_decline_voting_rights with its 30 day period, but of course that one is dead anyways, as it can be issued ONLY by the owner of given account (owner decides to do a self-locking). It's dead because no malicious user will ever decide to self-lock the voting rights, and I don't expect steemit or justin or exchanges to do that, especially now. Considering that the steem API probably doesn't have any "lock that bad guy" ops (that could be easily misused), then changing the power-down period now can only mean one thing: INCOMING RAPID FUND DRAIN.

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chromiumone (62) · 5 years ago

Changing the power down is being done so the exchanges that unethically, if not illegally powered up their clients Steem and voted with it can power it down quick and replace their clients Steem before SHTF.

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bmanmcfly (47) · 5 years ago

Which would conclude the prediction I made about 2 years ago; steem/steemit/dapps were structured in the same way that a ponzi scheme is structured.

Start with an idea; get investors in on the idea, the future value of that investment increases with new investments (users, witnesses, content creators) that increase is used to payout early investors.

Eventually, either a) the value is no longer sufficient to payout the investors, or b) the main investor pulls their money out, leaving all the rest holding an empty bag.

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amico (66) · 5 years ago

He proves what he is: a pirate?

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nationalpark (63) · 5 years ago

When Steem Inc held the most coins and Freedom could decide who can go to top 20, we already knew steem chain is centralized.

For the exchange, if the users can withdraw the coins as will, then there is no problem for the exchange to use the coins. If the exchange prevents users to withdraw, then it's another story.

When firepower the spammer retaliated me just because I reveal the truth and cleaners refused to help, none of your witnesses willing to help. When the whales put the upvotes for sale and the front page is filled with garbage, none of you witnesses care. Now you witnesses realized that you may not be able to collect money without doing anything, you guys acted super fast. Yes, I agree some of the top witnesses have contributions to Steem, but what you did is far less than what you paid for.

Let me tell you, the spirit of Steem had already dead long time ago.

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joythewanderer (78) · 5 years ago

But how stupid where we to not include befriended exchanges.

because it's not "officially" inc accounts lol
softfork was soft af

roelandp (74) · 5 years ago

no exactly.

little could one know exchanges just pick sides.

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ciska (60) · 5 years ago

So you mean witnesses started this hostile behavior without taking into consideration what the consequences could be? Looks to me like a plan that was quickly setup out of fear and the biggest shouters got their deal. Freezing their accouns was by far the biggest mistakes you guys made

valued-customer (67) · 5 years ago

Look, I didn't even agree with the SF after I found out about it. However, I give the witnesses props for taking action. There was provably a problem, as we're seeing now, and they did what they thought would work.

The laws they believed they were following weren't followed by @justinsunsteemit, and there is a point beyond which actions can't be predicted. Criminal acts by multiple exchanges does come under that shield IMHO.

The witnesses didn't steal the money, and didn't expect exchanges to steal their clients money, but that's what the exchanges did, albeit they might return ownership of those tokens to their owners.

The witnesses not predicting that criminal act is completely understandable.

kiwisteem (0) · 5 years ago

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bmanmcfly (47) · 5 years ago

There's clearly some criminal behavior all around; between the owners, witnesses, and exchanges. We are probably talking SEC charges that would put many of them away for 10-20 years IF this wasn't an issue of funny money.

Luckily for them, it is unlikely this will ever be investigated.

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joythewanderer (78) · 5 years ago

I see your point. I see the dilemma. HF225 is like "violence" against "soft violence" (at least inc believe). I believe that was all you guys can do at that moment, but I don't think HF225 is all they can do at this moment, to me it looks more like power tripping. But what otherwise with that SF, expect him to negotiate or? How can we know if it's trustful and enforceable even when he agrees on something.

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adetorrent (74) · 5 years ago

The way I see it, the 'contract' with us has been broken. Trust is lost. In essence, this isn't really "STEEM" anymore since the rules have changed.

As such, we must remove our emotional attachment (formed over the years) from it and treat it as business. It's just another shitcoin now.

joythewanderer (78) · 5 years ago

yay probably the dpos system in steem is also fundamental flawed, a real decentralised should be trustless, based on rules/codes, not trust. Sad sad, have to move on.

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roelandp (74) · 5 years ago

it already says in the post above that stake will be used in the future. So it's basically saying what softfork222 wanted to prevent that it will be done.

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chekohler (70) · 5 years ago

I wonder how many of that so called 15 mil users on Tron are bots, proxy and bag holders who just go with the flow. Does anyone in their community even contest things? We might not be the most pleasant bunch but at least we're not just yes men for everything

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enforcer48 (68) · 5 years ago

They don't exist.

There's exactly one person from Tron that's commenting here and it's @will-richards.

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steemitqa (64) · 5 years ago

For the record, I kidnapped @will-richards from a Tron discord.

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ookamisuuhaisha (57) · 5 years ago

Simple: all of them.

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chekohler (70) · 5 years ago

Sure looks like it, I've never heard a bag holder of Tron shit on anything they do.

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rosepac (55) · 5 years ago

You answer yourself ... It is not exactly Steemit, the most crowded platform of being human.
Nor is it the platform that most helps human beings to enter and participate.

In fact. To all the people to whom I have invited Steemit, they have escaped.

After verifying the content they found here. For them it was more like a conversation between aliens. That a conversation between human beings.

What makes it impossible to retain users... Tron will be crap. Personally, I don't know him.

But Steemit, I know him; and for a new user or person who is not a blockchains fan. I can assure you that Steemit is absolute bullshit. Equally.

And I have already checked with many people.. Trust me.

Both need the ideal change. At least Steemit. That is the platform that I know.
It must become a simpler, natural and realistic platform.

It is required not to talk so much about Steem, Steemit or blockchain applications, to let in other more normal problems for society in general. Other themes that in Steemit in many cases are prohibited or very badly received.

And facilitate understanding and use at the slightest expression..

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kiwisteem (0) · 5 years ago

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mamanovasim (65) · 5 years ago

justin sun loves bots and gambling dapps so he can't understand our feeling

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anthonyadavisii (70) · 5 years ago

What if Justin is a bot masquerading as a human?

Dun dun dunmnnn

_{Brought to you by the CCP Android department. No relation to the mobile operating system.}

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berniesanders (77) · 5 years ago

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geekgirl (72) · 5 years ago

lol now they are downvoting!! Stupid!!

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berniesanders (77) · 5 years ago

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transcript-junky (63) · 5 years ago

" But how stupid where we to not include befriended exchanges." I rebutt that this question is not accurately worded. Perhaps something more along the lines of "How could we not have thought about all the multitudinous "tricky" ways required for dealing with a Chinese person in business relations - based on ASSUMPTIONS we make as "non-Chinese" as to what is "fair play", versus wat is "beyond the bounds" of fair play?"

I am actually finding this all very entertaining, in a twisted way, because it vindicated my original gut feeling about this as soon as I heard the news of the "partnership". Aside from all of the "scammy" top dApps on the Tron blockchain (which is PROOF that this dude is not exactly the must trustworthy/straight-forward guy in blockchain) I just find it humerous that as China is literally on lockdown right now we're seeing this sort of thing play out in the microcosm. The bottom line is that, Chinese people "do business" in a totally different way. And so when you ENGAGE them in business dealings you're simply going to be "tacitly agreeing" to dealing with their "tactics". I have not doubt in my mind that Justin Sun BELIEVE that what he is doing is "the best option at this time". And it may ultimately lead to "progress" of some sort. But everyone is going to have to ACCEPT, going forward, that by engaging with Steemit we are all now "tacitly agreeing" to this kind of managemet behavior. As for me, I initiated the 13-week "power down" of all of my ~ 2,600 Steem, with the understanding that the "13 weeks" will be a "trial period" for Justin Sun to prove to me that it is BETTER for me to keep my Steem staked in Steeit versus converting [that] Steem to DEC and putting it all into the @splinterlands game, whose admins' ethics and business practices I have MUCH more confidence in, because they have EARNED that confidence through transparency and fairness over time. Steemit is just ONE dapp. There ARE - and WILL BE others. I find this situation to be more ENLIGHTENING than anything else at this time. Everyone needs to make their own choice. I am still willing to give Justin Sun the next 12 weeks to "show me what he's got". But I'm also wise enough to do my due diligence. Either way, I think things will work out in the grand scheme...

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sunlover (48) · 5 years ago

Just here to read the comments 🍿 nomnomnom

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https://en.wikipedia.org/wiki/Streisand_effect

ragnarokdel (58) · 5 years ago (edited)

You did this to Steem. It's exactly an accurate description but it fits well enough.

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wikitextbot (46) · 5 years ago

Streisand effect
The Streisand effect is a phenomenon whereby an attempt to hide, remove, or censor a piece of information has the unintended consequence of publicizing the information more widely, usually facilitated by the Internet. It is an example of psychological reactance, wherein once people are aware that some information is being kept from them, their motivation to access and spread it is increased.It is named after American entertainer Barbra Streisand, whose 2003 attempt to suppress photographs of her residence in Malibu, California, inadvertently drew further public attention to it. Similar attempts have been made, for example, in cease-and-desist letters to suppress files, websites, and even numbers. Instead of being suppressed, the information receives extensive publicity and media extensions such as videos and spoof songs, often being widely mirrored on the Internet or distributed on file-sharing networks.

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steemitadventure (66) · 5 years ago

They do and don’t care....this isn’t a normal company.

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ookamisuuhaisha (57) · 5 years ago

I think all exchanges should: https://developers.steem.io/apidefinitions/#broadcast_ops_decline_voting_rights before being allowed to operate on the chain, or before people trust their funds to them. But of course, it's now a far too late to shout about it :|

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fervi (66) · 5 years ago (edited)

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kiwisteem (0) · 5 years ago

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anomadsoul (77) · 5 years ago

So basically you hostile takeover Steem's governance claiming it's because you're striving for decentralization, and yet you do it by centralizing governance by voting the top 20 witnesses with one super powered up account.

But screw the 4 years and thousands of witness votes from the community that's been here every day for years, right?

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lordbutterfly (70) · 5 years ago (edited)

And the fucking exchanges used customer funds! Its beyond unethical.

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14 votes

ash (73) · 5 years ago

you know the old saying... not your keys not your coins.

ookamisuuhaisha (57) · 5 years ago

Not long ago I found this brillant operation in steem docs: https://developers.steem.io/apidefinitions/#broadcast_ops_decline_voting_rights - the community should have required any exchange to do precisely that on their technical accounts, so such things cannot happen.. too bad I learned about that op a week ago and I myself didn't consider the exchanges when SF was being prepared :|

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sneak (64) · 5 years ago

AIUI, that op was explicitly created to render whale stake nonvoting to be able to remove the centralization of power risk to the chain. Today, that risk became non-theoretical. (That's actually also a pun. Hi @ben!)

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ookamisuuhaisha (57) · 5 years ago

AIUI: Exactly. Today: actually, I'd say it also prooved that this op was very much needed, and very much forgotten, and probably it's mostly rendered useless now :)

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berniesanders (77) · 5 years ago

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friendlystranger (56) · 5 years ago

Buy more STEEM and vote for your witness. It's really that simple! STEEM was DPOS from the beginning.

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chekohler (70) · 5 years ago

I'm kind of happy they showed their hand and that the soft fork happened. We had till the town hall to discuss all of this and they pulled a fast one. There's not going to be discussions, just dictating.

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jacobpeacock (66) · 5 years ago (edited)

I initially thought that the supposed 'town hall' was just a tactic to delay the valid witnesses while they (Steemit Inc.) re-grouped and implemented a takeover. Sadly I was correct.

Edited for clarity.

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chekohler (70) · 5 years ago

I honestly didn't think that lol how naive I was, here I was thinking okay we can now bring parties to the table but it looks like we're as divided as ever. I wonder if any of the witnesses will stick around for the great handing back of the chain

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jacobpeacock (66) · 5 years ago (edited)

I doubt there will be any handing back. Justin Sun did the same thing to the Tron blockchain recently (with the aide of Binance) and has not 'handed it back' either.

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chekohler (70) · 5 years ago

I admit I know zero about Tron and never been interested in it. I don't get why people like these want to get into decentralised projects? Why not focus on something you can control then if thats what you want.

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jacobpeacock (66) · 5 years ago

I think that calling something 'decentralized' has marketing appeal for someone only interested in making money.

Perhaps also Mr. Sun has control issues and can never quite deal with a truly decentralized platform but likes to be looked upon as a pioneer in the field for more complicated and perhaps narcissistic/megalomaniac reasons.

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chekohler (70) · 5 years ago

I think you're spot on there its more about the narrative and selling people on the idea and then obfuscating the implementation like oh we're not as shit as banks but low key we are exactly the same. Lets not forget the VC money Justin throws around naturally comes with conditions

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Show 1 more reply

valued-customer (67) · 5 years ago

Manipulators see lotsa potential victims when looking at something decentralized. It's what they do for a living.

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abbenay (31) · 5 years ago

Is time to grow in other decentralized social networks such as creary.net. Witnesses! Here is a tutorial to create a node in this community. The consensus it is 25 witness nodes. tutorial https://creaproject.io/set-crea-witness-node/

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jacekw (64) · 5 years ago

Good luck! You just lost whole community, the most valuable thing here.

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haikubot (54) · 5 years ago

Good luck! You just lost
Whole community, the most
Valuable thing here.

^{- jacekw}

^{^{I'm a bot. I detect haiku.}}

phusionphil (66) · 5 years ago

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ocupation (68) · 5 years ago (edited)

Holy shit, didn't see that coming. You're actually trying to establish an order with premined stake while talking about decentralization? Did you have stroke in the meantime or what?

Fuck this shit, you actually showed that soft fork was absolutely neccessary.

Btw i dont think you have 15 mil active users, whole crypto combined doesn't have that much😂😂😂

By removing our witnesses you have proved to be not worthie of our trust. We should have forked you out completely.

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15 votes

roundbeargames (70) · 5 years ago

we know who's behind his ass

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roelandp (74) · 5 years ago

In a response to this I have shutdown my Steem Apps for iOS and Android: https://steemwallet.app - removed from appstores.

Additional apps have already been shut down by their respective owners to signal distrust in the centralisation of the Steem Chain:

steemSql
Steemitboard
SteemApps
SmartSteem
SteemWallet.app for iOS & Android
dPOLL

C.R.A.Z.Y.

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jeffjagoe (72) · 5 years ago

I support this. All STEEM apps/infrastructure should protest by going dark and maybe even using a MEMO to inform all users of the hostile takeover and its implications.

@justinsuntron and @steemitblog should know that without the STEEM Community, Justin bought nothing but a big pile of worthless SHITcoins.

eqko (61) · 5 years ago

Sounds like an excellent idea to deprive 'The Community' you're claiming to fight for of the tools to interact with the blockchain. insert facepalm

enginewitty (72) · 5 years ago

Right? Some community support there.

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lacking (59) · 5 years ago

Good job!

Now that it's apparent forking doesn't work this is the best way to fight this kind of bullshit.

roundbeargames (70) · 5 years ago

welcome to steem yall

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17 votes

chekohler (70) · 5 years ago

What's next? All steemians to be quarantined?

enforcer48 (68) · 5 years ago

Forcibly removed with drive-bys.

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novacadian (58) · 5 years ago

🤓 That ^^.

mahdiyari (67) · 5 years ago

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roundbeargames (70) · 5 years ago

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osavi (57) · 5 years ago

What the hell?!
"New witness" accounts were created yesterday and today they are steem witness? How? Everything is on the blockchain.
What we can learn from TRON? How to centralize the ecosystem? How to impose censorship?
THIS IS NOT STEEM WHAT WE WANT TO!
Only #SteemClassic

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kiwisteem (0) · 5 years ago

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mys (62) · 5 years ago

It is interesting that nobody complain when witnesses did same thing 2 weeks ago :D
Comments fiesta!

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geekgirl (72) · 5 years ago (edited)

Really? You like dictatorship?

How is that a same thing when you had consensus witnesses with an intention of preserving Steem and now one centralized entity trying to force things?

P.S. They downvoted most opposing comments here.

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mys (62) · 5 years ago

It is not what I like, just how I see the situation.

ciska (60) · 5 years ago

Because they are teaching people a lesson in being not hostile. Should have not started this war in the first place. The witnesses didn't preserve steemit. They were on the verge of killing it.

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jacobpeacock (66) · 5 years ago

Ass kiss much?

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enforcer48 (68) · 5 years ago

He really thinks Justin will pick him up in his new Steem order.

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ciska (60) · 5 years ago

Can't write much?

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jacobpeacock (66) · 5 years ago

I write a lot actually. Thanks for noticing.

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ciska (60) · 5 years ago

I just noticed you got a thriving blog. Keep writing and one day you got enough pennies!

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jacobpeacock (66) · 5 years ago

Thanks so much for your facetiously kind words. Hopefully all your ass kissing disinformation earns you some pennies as well.

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Show 1 more reply

lordbutterfly (70) · 5 years ago

This is in no way similar. A witness consensus voted by community stake is a decentralized action.
Exchanges taking customer funds to do a hostile takeover and completely centralizing the chain is an abomination of crypto.

Steem, at this moment is 100% centralized.
There is no point in it being a blockchain.

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12 votes

jedigeiss (72) · 5 years ago (edited)

Community stake ? You needed what ?blocktrades and or freedom vote to be in top 20 ? Is that the community consensus ?
I seriously don't know if that's the case

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16 votes

lordbutterfly (70) · 5 years ago

Vast majority of witnesses and community members were on board with the SF. This is an action by 1 guy that bought himself a blockchain by telling his friend CZ to use customer funds to takeover the chain for him.

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mobbs (69) · 5 years ago

Has this not always been the case though? I've maintained since forever that all it takes is one wealthy bad actor, a youtuber prank or something and bam, centralised on a whim. Decentralization has always seemed somewhat of an illusion mixed with a pipe dream to me that only really functioned because Steem isn't popular or known

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bil.prag (68) · 5 years ago

not really, because you can't buy that much from exchanges and not skyrocket the price.

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valued-customer (67) · 5 years ago

It was only really ever as decentralized as @ned wanted it to be. Perhaps it will dawn on folks that @ned never did this, even though he could have at will, at any point in time.

All of us only ever spoke freely because @ned wanted us to, and that includes all the admiration for his hair.

Miss him yet folks? I sure do.

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mobbs (69) · 5 years ago

Don't miss him at all; he set this up as an inevitability from the very beginning and made no effort to fix. People on twitter have predicted such a 'coup' via exchanges specifically for years. I ain't wishing back anyone who created such a scenario

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valued-customer (67) · 5 years ago

I have long shouted from the rooftops this vulnerability. No one competent to run a witness could have failed to understand it, and be aware of it's existence. That they did nothing to resolve the problem is not @ned's fault.

This is the fault of those witnesses and substantial stakeholders that continued to benefit from the gross inequity of distribution and did nothing to fix the problem until @justinsunsteemit bought @ned out. When trustworthy @ned was no longer standing between them and total centralization of 'their' blockchain, suddenly they blame @ned for creating the problem.

Bullshit.

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isnochys (66) · 5 years ago

Welcome to capitalism!

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mys (62) · 5 years ago

Customer funds?
Exchanges bought a lot of STEEMs 2 days ago causing +25% price pump...
They literally bought blockchain.

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lordbutterfly (70) · 5 years ago

They didnt buy 100 million Steem. The price would have gone up much higher.

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jedigeiss (72) · 5 years ago

I di mys because it was like taking an aggressive stance and blowing the first strike. Fear is never a good advisor and the results are obvious. The other has to strike back if not intentionally than just in order not to lose his face.
Now please could we just go back to the table and try to deescalate before everything gets totally out of hand ?
Yours Jan

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13 votes

shadowspub (70) · 5 years ago

Now that's an optimist when you don't think things are totally out of hand now.

Too bad Justin didn't have the courage to sign the post instead of using the Steemit Inc team as cannon fodder. Cowardly to say the least.

jedigeiss (72) · 5 years ago

I still do have hope. Because when we are really spiralling into an all out war then we are all going to lose big time. Just like in every other war. And I seriously can not believe that we are really wanting this to happen.

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hobo.media (64) · 5 years ago

How do you not get that this is war? This was a complete takeover. This is exactly why Bitcoin and Ethereum are not allowing on-chain governance. It always gets corrupted, just like on EOS and TRON, on-chain governance never works.

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jedigeiss (72) · 5 years ago

Don't you remember what a shitshow in eth went down in 2017 ?

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hobo.media (64) · 5 years ago

It was not a shitshow. People had freedom to choose, which is not a shitshow. On-chain governance is worse (read: coercive) than vote-by-node. Ethereum Classic is technically the original Ethereum chain and they are very free to remain doing things as they wish. However, the majority of people and projects chose the chain known today as
"Ethereum" because they felt different about the decision.

Steem is different. Because a very small number of nodes decide everything, all you have to do is hijack the nodes, which happened here, and boom, chain is officially centralized and under the control of one corporation. Consensys does not have that kind of power.

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valued-customer (67) · 5 years ago

How do you not grasp that Steem is now @justinsunsteemit's personal possession? There is no war. He won.

Victori spolia.

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tarazkp (80) · 5 years ago

He didn't write it.

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shadowspub (70) · 5 years ago

how do you figure he didn't write it? well his people at his instructions would be more accurate... it's clearly not been written by the Steemit team we all know even though it has been written to appear it was.

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jacobpeacock (66) · 5 years ago

Did you expect anything different from a one-percenter shitheel?

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carapthian (54) · 5 years ago

Exactly de-escalation is what we need. Things usually go south when people get emotional and let emotions rule over common sense. The emotional response has been impressive and has been resulting in an impressive escalation

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valued-customer (67) · 5 years ago

What would be the point of negotiations? @justinsunsteemit has all the power. What can you offer him? Who would take his word?

Not me. Who will use those exchanges? Not me.

All the negotiations are done.

Steem is over.

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jedigeiss (72) · 5 years ago

He has got the chain in his grip but he already got others so that is not really what he wanted I guess. The community and ppl he has absolutely not, steem is more than just the technical topics behind the Blockchain. And by the way even though it was not that clear I yesterday it was not Justin nut blocktrades and freedom who decided the witness and in the end what code the chain is running.

enginewitty (72) · 5 years ago

Some of us did.

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mindtrap (74) · 5 years ago (edited)

Wtf? Ben’s account who has been inactive since...forever, now upvotes those comments? Controlled by Justin? Wtf is going on?

Who knows...maybe @mottler jumps in too...or even @freedom if he pulls back the delegations...

Disgusting

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tarazkp (80) · 5 years ago

ben...

ben|ned

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mindtrap (74) · 5 years ago

Extreme...

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enforcer48 (68) · 5 years ago

The ownership was updated several hours ago if you check Steemd.

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geekgirl (72) · 5 years ago

looks like it belongs to steemit.

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freebornangel (73) · 5 years ago

One of many sock puppets.
Ned said he would hide his stake and seems to suffer from little man's disease enough to burn us all down with it.

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holoz0r (71) · 5 years ago

A few people did.

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fredrikaa (70) · 5 years ago

where were you? There were tonnes of heated debates after the soft fork.

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sorin.lite (58) · 5 years ago

Spot on!

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ash (73) · 5 years ago

witnesses started this by blocking accounts. This is action-reaction, and they should've seen this coming.

Anyways, a hardfork in inevitable IMO, could've gone much smoother without the 222 drama though

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ciska (60) · 5 years ago

100% behind your statement. Justin/Steemit/Tron, none of them started this. I call it karma

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markkujantunen (74) · 5 years ago

The very first thing he did as the owner of Steemit, Inc was to declare he was going to dismantle the chain.

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bil.prag (68) · 5 years ago

but if he really had no intention to use that stake to vote for witnesses then there was no problem with that. He could wait till the meeting, make an agreement, where it would say he will not us it for voting witnesses... But he wanted to do this, he does not like to not be in charge...

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apsu (65) · 5 years ago

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rafalski (66) · 5 years ago

Why they didnt protect before? Because Ned told them he will not use it? It is laugh

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valued-customer (67) · 5 years ago

@ned didn't use it.

Think about that.

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ciska (60) · 5 years ago

YES, controlled by the second largest name in the whole crypto industry. And you just unleashed the beast. We should be proud of ourselves.

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fervi (66) · 5 years ago

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bil.prag (68) · 5 years ago

feel free to read this and see why https://steempeak.com/steem/@joseph/the-history-of-steem-steemit-launch-in-the-words-of-dan-larimer-from-the-early-launch-days

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ausbitbank (73) · 5 years ago

Reserving this comment space for when I'm not having a rage stroke.

$4.97

penderis (63) · 5 years ago

Find a new space I have marked this as my fave comment so far.

holoz0r (71) · 5 years ago

Deep breaths, man, deep breaths.

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chekohler (70) · 5 years ago

Joins in quiet contemplation

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theadmiral0 (53) · 5 years ago

Mutual

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howo (70) · 5 years ago

hahahaha

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sneak (64) · 5 years ago

Everybody's allowed to vote their stake. Always has been.

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valued-customer (67) · 5 years ago

Ah, the @sneak comes out of the woodwork. You must sense your time is come. That pesky @ned and the decentralization he favored has finally been eliminated. Now is your hour.

Come forth, and strike!

"Everybody's allowed to vote their stake. Always has been."

No. that's a lie. After the witnesses suspended the founder's stake from voting, until the exchanges fraudulently reinstated it, that stake was not allowed to vote witnesses.

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sneak (64) · 5 years ago

That pesky @ned and the decentralization he favored

lol

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phusionphil (66) · 5 years ago

You told me I was asking questions out of place, you're right, no one had a chance to react to this.

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will-richards (47) · 5 years ago

How compatible with TRC10, TRC20 and various ERC standards does SMTs intend to be?

Posted using Partiko Android

$4.51

fluffcloud (52) · 5 years ago

I think one ERC1155 multi-token contract for all Steem tokens could work

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kevinwong (76) · 5 years ago

$3.26

edje (69) · 5 years ago

I shall follow you in just sit back and relax on my large coach and view the war unfolding :)

mattjack (51) · 5 years ago

U got the best idea on how to react to this mess!

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fredrikaa (70) · 5 years ago

If it has been your intent all along to use the Steemit stake for further Steem blockchain and community development according to what has been promised to the investors and users who have stayed here for 4 years, then why not just commit to it in a trustless way?

This was the absolute worst way to build trust with the community going forward. A sad day for decentralization.

$3.17

enginewitty (72) · 5 years ago

Who cast the first stone?

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jedigeiss (72) · 5 years ago

Why do we need to cast stones anyway ? Out of fear ? Out of whatever ? Damn we are not learning at all

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fredrikaa (70) · 5 years ago

Steemit.

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apsu (65) · 5 years ago

Steemit did.

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lordbutterfly (70) · 5 years ago

Are you stupid or just pretending to be?

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enginewitty (72) · 5 years ago

I'm totally stupid.

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ocupation (68) · 5 years ago

Look at this @ben doing some downvoting, piece of shit

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distantsignal (64) · 5 years ago (edited)

Was this written by the CCP?

Immediately threatening the top witnesses, whose responsibility is the integrity of the blockchain and community, with legal ramifications while using OTHER PEOPLE'S MONEY WITHOUT PERMISSION to gain voting power to undermine those witnesses by using funds on exchanges is as authoritarian and fraudulent as it gets. I can't believe how long we've been contributing and advocating for Steem as a decentralized, censorship resistant chain. I'm very disappointed. A little embarrassed actually.

Soft Fork 22.2 was maliciously structured...

HOW IS THIS ACTION NOT MALICIOUS!??! It was done to prevent this exact action by Sun which by its very nature betrays and corrupts the system by centralizing it. This is actually causing harm to everyone on the chain. This is the actual, malicious act.

intending to freeze a handful of very targeted accounts and taking away their rights and possession to their owned asset, and may be deemed illegal and criminal.

No rights were diminished and no property was taken away. What a bunch of emotional pandering.

QuoteThey even threatened to hard fork, and nullify all existing STEEM token, putting every good STEEM holder, developer and community interest at danger. This is very much against every aspect of the original purpose of decentralization and the core value of the Steem blockchain and community. We can’t let it happen.

Again, was this written by the CCP? The gall! To claim that centralizing a chain to save it from centralization is just about as close to double speak as you can get. By betraying the mission and nature of the chain YOU have put every Steem holder, developer and community interest at danger.

I guess I'll just have to wait until the discussion on March 6th, but I can't continue to promote Steem while this Civil War takes place.

For what it's worth, I'm for a hardfork to a new Steem chain. Maybe Steem Classic isn't the right name for it, because it'll be too closely tied with Steem Tron.

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ladybug146 (66) · 5 years ago

we could call it "not-steemy"

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netuoso (70) · 5 years ago (edited)

Unfortunately, the Witnesses’ decision created a need to reclaim the stake and vote in new witnesses to usher in new policies for a healthier ecosystem and community.

Haha thanks for showing that we were right all along. SteemIt stake was supposed to be nonvoting so you colluded with exchanges to bypass DpoS governance just like you did on your shit chain Tron

Ladies and gentlemen, Steemit is now owned by the Chinese government. Bow down and salute your communist overlords

$1.91

freebornangel (73) · 5 years ago

They are socialusts,...
theanarchistlibrary.org/library/emma-goldman-there-is-no-communism-in-russia

Rule by force is the disease, who and how are symptoms.

geekgirl (72) · 5 years ago

They know how to push opposing comments down too. So stupid.

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arcange (73) · 5 years ago (edited)

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ash (73) · 5 years ago

as expected...

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theycallmedan (75) · 5 years ago

A day that will live in infamy. A small community stood against a tyrant. Few stood up to the collusion of centralized exchanges to try and overtake a chain.

STEEM is not the tech, STEEM is the community. I suggest you stop your attack, let the community vote in the witnesses, not centralized exchanges using MY and other Steemians funds to hurt their investment.

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coininstant (66) · 5 years ago (edited)

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mahdiyari (67) · 5 years ago

Calm down, people!
Without community, these boys are worth nothing. Let them enjoy their shit show!

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geekgirl (72) · 5 years ago (edited)

YOU HAVE MADE A BIG MISTAKE!!!

STOP IMMEDIATELY JUSTIN!!!

Do you really think you can take over this chain??? Don’t be stupid!!!

OMG!!!

Now we will wipe out your stakes for sure!!!

$1.04

18 votes

ookamisuuhaisha (57) · 5 years ago

I understand your shock, I'm surprised as well, but the plan you've just stated won't help in anything but further escalating the conflict.

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geekgirl (72) · 5 years ago

I didn’t state any plan. I am not a plan stater or executer. Just super disappointed.

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ookamisuuhaisha (57) · 5 years ago

I'm referring to "Now we will wipe out your stakes for sure!!!". That's what they were afraid of. That's a pretty hefty amount of money, and I'm sure the now-main-investor wasn't happy about losing control over this pool of money. IF the wittnesses were clear about their intents and IF they were super-transparent that they absolutely will not erase it, then maybe today's takeover weren't happening. Just maybe. But I'm sure that agitating the crowd to erase those funds will not make the situation lighter. That's all what I wanted to say.

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geekgirl (72) · 5 years ago

I am pretty sure we will end up with two chains now. 100% centralizing the chain was not the way to go.

At this point Justin is worthless in the blockchain space. Tron will tank after these actions. What a scammer!

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ookamisuuhaisha (57) · 5 years ago

Yup. Everything looks like this is going to happen. Especially 100% wittness pool + 24h powerdown. I'm actually pretty surprised that it's 24h, not 1 minute or "immediate". I wonder why did they even considering leaving any delay. But, we'll see. There's some slight chance that this will actually be positive. Wanna a lotto ticket, anyone?

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geekgirl (72) · 5 years ago

What do you mean 24hr power-down? I just tried, it is still 13 weeks. or is it only for their accounts?

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ookamisuuhaisha (57) · 5 years ago

In this article under which we're commenting now (https://steempeak.com/@steemitblog/an-open-letter-to-the-community-hf22-5) there is a note in "Commitment to the Community" stating that they are going to reduce the power-down time to 24h. Now this article has been edited and the same note states

Deploy in the next Hard Fork as soon as possible to reduce power down time to 1-3 days in alignment to other mainstream blockchains, while open for discussion for better economic implications.

They changed 24h to 1-3 days, probably it sounds now less outrageous :)

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Show 2 more replies

lordbutterfly (70) · 5 years ago

Further escalating what??? He already took over the chain. Its like i beat you with a bat and someone comes in and tell you: "Hey dont be mad, youll further escalate the situation".
Its already escalated dumbass

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ookamisuuhaisha (57) · 5 years ago

If you are lying on the floor bleeding becuase you just got your shit beaten out of you, will you further shake your fists at the attackers? That's how you get killed IRL by an angry mob. It works only on the movies where some superhero in a plastic suit may rescue you and congratulate you your courage in dire times. I absolutely agree that it's just about as escalated as it could ever be. But will shouting empty threats help in anything? If I shout Im gonna erase them all, will that fix anything? If we all shout this, will that fix anything? The best we can do now is to either GTFO to another medium/chain so they loose all their customers and momentum, or to somehow get it all on a more diplomatic/al way instead of kicking around and stealing candies one from each other.

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lordbutterfly (70) · 5 years ago

Youre already dead...

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raycoms (70) · 5 years ago

Well, now you did exactly what the community feared you would do and what was the reason for this softfork all along.
You have just proven all of them right.

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v4vapid (72) · 5 years ago (edited)

FORK YOU!

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sneak (64) · 5 years ago (edited)

I wonder how the government regulators will feel about a single organization unambiguously unilaterally dictating the price feeds for the SBD conversion.

Now that the blockchain has a single operator, they can manipulate the SBD conversion rate to whatever they like.

Right now, the only thing getting pegged are the existing holders of STEEM.

2 Mar 2020: The day we learned that @dan's DPoS experiment is finally and incontrovertibly a failure.

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11 votes

noisy (67) · 5 years ago

with Exchanges, which can vote with not their funds.... from now every PoS can be considered as failure

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sneak (64) · 5 years ago

It seems that they can and did. I don't even think there is a reasonable presumption that they should not. After all, the money is entrusted to them and is under their control. Why shouldn't they vote it?

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valued-customer (67) · 5 years ago (edited)

Because it deprives the actual owners of the funds, to whom they have a fiduciary trust, of their private right of ownership of those funds, which includes the sole and exclusive right to vote with those funds.

No part of their contracted arrangement with exchanges forfeited that lawful right of ownership. The exchanges seized those funds and exercised ownership of them in violation of their fiduciary trust. Hanging's too good for 'em.

Remember your legal theory when you have a daughter in school, under the control of authority figures there.

https://en.wikipedia.org/wiki/Possession_is_nine-tenths_of_the_law

sneak (64) · 5 years ago (edited)

Surrendering the funds to a second party by depositing them to an exchange deprives the "actual owners of the funds" their right of private ownership of those funds.

Money in the bank isn't your money. It's the bank's money, and a corresponding liability to you.

https://sneak.berlin/20191119/your-money-isnt-yours/

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valued-customer (67) · 5 years ago (edited)

Money isn't voting rights, and Steem is. Powering it up does prevent it's use by it's rightful owners, and violates the fiduciary trust these exchanges undertake.

Banks are thieves, which is why I don't use banks.

wikitextbot (46) · 5 years ago

Possession is nine-tenths of the law
Possession is nine-tenths of the law is an expression meaning that ownership is easier to maintain if one has possession of something, or difficult to enforce if one does not. The expression is also stated as "possession is nine points of the law", which is credited as derived from the Scottish expression "possession is eleven points in the law, and they say there are but twelve."Although the principle is an oversimplification, it can be restated as: "In a property dispute (whether real or personal), in the absence of clear and compelling testimony or documentation to the contrary, the person in actual, custodial possession of the property is presumed to be the rightful owner. The rightful owner shall have their possession returned to them; if taken or used.

noisy (67) · 5 years ago

Maybe they should be able to do that, maybe not. But for sure, locking up stake of their clients by converting to Steem Power (with all implications of that) IMO is a crime.

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ash (73) · 5 years ago (edited)

not your keys... etc. by sending DPoS tokens to an exchange, you give up your voting rights, and make them your "proxy".

I hate it too, but those are the rules.

sneak (64) · 5 years ago

Crimes aren't generally matters of opinion, and most cryptocurrency exchanges have "locked up" their customer funds offline for safety purposes, taking several days to access them from cold wallets. This doesn't seem that different to me.

What laws do you think have been broken, in which countries?

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fredrikaa (70) · 5 years ago

Philosophically I agree that whoever owns a token should be able to vote with it. (Nevermind the discussion of whether or not STINC was bound by their promise not to vote).

But any DPoS chain that wants me involved going forward need to have some sort of mechanism that still prevents this type of take-over from being possible.

Maybe a delay in time from when tokens are staked to when they can be used to vote for witnesses/BP combined with max votes being reduced to 5 would be sufficient.

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valued-customer (67) · 5 years ago

"Right now, the only thing getting pegged are the existing holders of STEEM."

Kudos! I confess to admiring your way with words here.

Thanks!

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galenkp (75) · 5 years ago

Decentralised means freedom of speech mate. Obviously that's not a thing here anymore...Nice $18 downvote on my previous comment.

Screen Shot 2020-03-02 at 10.21.03 pm.png

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10 votes

http://www.gq.com.cn/celebrity/news_182560eb97720e71.html

aagabriel (58) · 5 years ago

@justinsunsteemit studied in the typical #mkultra inductee universities and became the new trojan horse for Gen Y wannabee trusted Knight Steemplars of the CCP & PLA.

A fantasy journey of "post-90s entrepreneurial leaders"
This is the longest push of GQ24 in history. It gathers two character reports published in the August issue, which respectively record the growth path and spiritual world of the two "time youths". One of them is Sun Yuchen from Peking University and the other is Liang Zhi from Tsinghua University.

https://translate.google.com/translate?sl=auto&tl=en&u=http%3A%2F%2Fwww.gq.com.cn%2Fcelebrity%2Fnews_182560eb97720e71.html

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baah (61) · 5 years ago (edited)

On March 2, 2020, Steemit regained the staked accounts, so as to course correct the hostile behavior led by a small group of people, and resume the order of the community.

Bullshit. Not only were these people among the most trusted and well respected members of the community but by slandering them in this way and the overwhelming majority stakeholders that vetted them with their STAKE and supported the hf in effort of keeping the integrity of our chain as intact as possible, you've revealed yourselves as two faced liars. You do not care about the integrity of the project, especillay as the hf you deem hostile was in response to direct threats of underming the entire EcoSystem by having it moved over to Tron, as numerous sources have reported Internal Communications and plans for this. You have nothing, no more thin veneer of respect, no more trust, you have forefited everything that you claim, including your stake, exactly by Undoing the CONSENSUS Fork, and we all know that Consensus is Law, you went Directly Against the code.

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novacadian (58) · 5 years ago

Not only were these people among the most trusted and well respected members of the community

Every witness that had my support and installed 22.2 lost my vote on the day it was announced. They broke the trust of the chain, regardless of what actions have followed.

valued-customer (67) · 5 years ago

Same. I couldn't abide the financial harm to a user the fork was intended to effect. They'd allowed @ned to have that power unforked for four years. Suddenly old @ned wasn't there to kick around anymore, and they took action.

Wasn't just. I can understand - and now we see - why they acted, but it was too late, and blaming @ned isn't an explanation. What are they blaming him for? He had this power for years and never used it.

@justinsunsteemit did use it. He should not have had that power to use, if this was a decentralized blockchain. It never has been - except as the party capable of solitary governance of the blockchain mandated it be, and that's what @ned mandated by not using the stake to centralize it.

norbu (70) · 5 years ago

Touche!

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vlemon (76) · 5 years ago

RIP Decentralization !

Huobi and Binance are joining the party to overtake STEEM with their friend TRON.

Decentralization lost I guess...

Sad time for STEEM that actually proved it was decentralized when OUR witnesses resisted an hostile takeover with Justin Sun lying from the very st day !

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martie7 (62) · 5 years ago

Decentralization was lost long time ago.

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valued-customer (67) · 5 years ago (edited)

It never really existed as long as the founder's stake did. The illusion of decentralization, freedom of speech, and all the rest was merely the result of @ned's largesse. Our freedom was what he wanted, so that's what he allowed.

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themarkymark (78) · 5 years ago

Nuff said.

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17 votes

enginewitty (72) · 5 years ago

Saw that too huh🤔😆

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fredrikaa (70) · 5 years ago

They even threatened to hard fork, and nullify all existing STEEM token, putting every good STEEM holder, developer and community interest at danger.

Where does this statement stem from?

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jacobpeacock (66) · 5 years ago

From an obvious disinformation campaign spearheaded by Steemit Inc!

whatamidoing (69) · 5 years ago

An appeal to steemit users:

As this drama plays out, please reach out to the friends you’ve made here and make sure you stay connected even if this place falls apart. Love you all

$0.39

sayitsister (39) · 5 years ago

You are dealing with more than a business here – you are dealing with a community. A community that has been here longer than you have. Steem & Steemit “Elders” have poured their passion into the site & currency over the years, and with that invested time & passion, they deserve some respect. You bought the company – not the people. Money can buy a lot of things – trust isn’t one of them.

Since the moment you took hold of Steemit (through an unannounced sudden back-alley deal), you have done very little to address the communities concerns or answer their questions. You are the new kid. You can’t come into this and expect to be accepted and earn trust by keeping everyone in the dark. The balloon drop with confetti cannons while changing every topic to “TRON” isn’t selling it. We are not the TRON community – we are the Steem community. The fireworks that light up your sky when you talk about TRON are just for you.

You have done nothing to understand and empathize with the Steem community & witnesses. You can try twisting what the witnesses did (freezing the Steem accounts you own) as much as you want, but the move the witnesses made was with a passion for protecting Steem – an act out of precaution for what they love caused by your silence on your intentions & way of shrugging off community questions. Your actions today were done selfishly, recklessly, & shows your lack of empathy and understanding. You have effectively lost any chance at trust from some of the most passionate Steem users & witnesses. You did not do your part when you entered this community to introduce yourself correctly and clearly state your intentions. You came in as a TRON salesman, and sorry, none of us were buying – we already had Steem.

I think more than your move today, the most unfortunate thing we learn from this, is the fact that you didn’t hear the community. We were talking. We had questions and concerns. You just didn’t care enough to listen. You did whatever it took to get your Steem back. Pretending you did it to gain back control of the community is “transparent” and we are seeing right through it. You have proven that you care more about the money than you do the community. You are the bad actor.

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mindtrap (74) · 5 years ago

This should be a lesson to all witnesses and all fools around here who were against fork 0.22.2.

Happy now? This is what they wanted all along....

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geekgirl (72) · 5 years ago (edited)

If they didn’t do that, he would not have shown his true dictator face. Now I am glad they did the soft fork. Better to know earlier who you are dealing with than later.

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mindtrap (74) · 5 years ago

Oh...we knew exactly who we were dealing with. It’s just that some people are romantically naive...

Do we really expect some progress at that meeting? Sheeesh....

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geekgirl (72) · 5 years ago

I didn’t. Now I know.

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ladybug146 (66) · 5 years ago (edited)

I was giving him the benefit of the doubt that he could have been a good guy before shitting bricks but clearly never trust a commie.

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novacadian (58) · 5 years ago

This should be a lesson to all witnesses and all fools around here who were against fork 0.22.2.

My objection to 22.2 was that it did not fix anything and in some comments even mentioned that a "...billionaire could still but majority stake tomorrow". Guess this is tomorrow. The lesson to be learned is don't take a knife to a gun fight and don't piss off a billionaire.

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mindtrap (74) · 5 years ago

There wouldn’t be a consensus to freeze a giant stakeholder’s assets if they purchased their stake in the open market.

As a matter of fact this would have skyrocketed the price and would have been beneficial for everyone. Do you feel benefited now?????

This stake was mined...illegally...and transferred to the highest bidder whose intentions were unknown....or should I say...known?

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novacadian (58) · 5 years ago

My position is that, perhaps, one solution might have been a body of second thought, much like second bodies found in most democracies. IE Senates, Legislature/Congresses.

We could have a requirement of 51% of all active witnesses for code approval and only the top 20 to decide on a version for consideration as the next HF.

Anyway better minds may have a better solution.. Yet even if forked this issue must be addressed in future versions of DPoS.

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valued-customer (67) · 5 years ago

"This stake was mined..."

All stake was. Every Steem was mined, except those produced by inflation and delivered as rewards - based on the mined stake.

"...illegally..."

[citation needed]

"... transferred to the highest bidder..."

You have some inside information on the negotiations? Care to share?

Assumptions aren't facts.

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vikisecrets (68) · 5 years ago

Exchanges voting with customer funds to remove all 20 community voted witnesses is a criminal action! This is exactly what the community wanted to prevent by temporarily freezing the ninja-mined assets of Steemit. On the plus site we and the crypto community as a whole are now learning a great lesson about the weaknesses of a DPOS system and how to improve it in the future. We need to deescalate the situation now and work an a better Steem 2.0 which is more decentralized.

$0.29

liberosist (70) · 5 years ago

This is very much against every aspect of the original purpose of decentralization and the core value of the Steem blockchain and community. We can’t let it happen.

Irony as thick as a rhinoceros' hide.

$0.27

stoodkev (69) · 5 years ago

On top of the rest, Ben (one of Ned's account) is now heavily the 95% of the community that is standing to them, and upvoting the other 5% of scumbags.

Centralization : Done
Censure : Done

Good job, Steem looks more and more like China by the minute.

$0.24

shmoogleosukami (54) · 5 years ago

So basically steemit has full control over everything that goes into the steem blockchain.
1-3day powerdown. WTF!!! we never wanted that. We already had a massive debate about it saying anything lower than 4 weeks seem risky due to how account recovery works and such.

You've already thrown in a ton of things you are planning on doing without even consulting the community and we have no say now cause you've just demonstrated that at any point in time you can take full control of the blockchain.

There is absolutely no way anyone can trust the blockchain as it is now. There is no decentralized governance anymore as you've just demonstrated.

Well done.

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kendrahill (41) · 5 years ago (edited)

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drakos (70) · 5 years ago

Congratulations asshole, you just alienated the whole STEEM community.

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snook (70) · 5 years ago (edited)

I think Ned knew just what he was doing by selling to Tron. He knew how the Witnesses would act.

JSun should have known to call steemit, steemit and not steemy at the AMA. He should have known we are Steemians and the word SMT.

Think about what all has happened from the perspective of an angry person with a toy everyone wants that you own but no one likes you.

Now it is getting even better because everyone is fighting in the comments from fear and disbelief while watching our home fall apart.

Everyone knew how much money JSun has. Take away a new toy from someone and do you think they will be happy?

Would you? if you, meaning anyone on Steem, had a billion dollars and spent some pocket change on a new toy just sit back while people took it away from you.

Okay, not all of it away, but tied you up in a corner to sit and think about what you have not done yet...

We Steemian either ALL stick together and now wait or leave. Either way, fighting in the comments with each other and calling people names brings us Steemians farther apart not closer.

Now if you had just written the post above would you want everyone fighting and not talking to each other like below OR it quiet so you do not know what is going on?

Just my thoughts.......

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enginewitty (72) · 5 years ago

Exactly. There was never any confusion on their end, but they sure instilled it with a few purposefully guided word raps and fed the dogs their bones. They have been giving @ned shit for years and trying to bully him into doing this that and the other. SO, he said, fine, you don't like me, ta hell with ya. Let someone else deal with you for awhile. Now, the new guy, isn't as tolerant as the last guy. He'll take his toys back and punch you in the damn face. Just sayin. It is sad everyone calling them names and when it comes right down to it, they haven't GIVEN THEM A GODDAM CHANCE TO DO ANYTHING YET. Sorry, got stupid there for a second.

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enforcer48 (68) · 5 years ago

The only stupid you got there is thinking he even needed a chance to do anything.

He doesn't need your chances. His mind was made up day one.

He doesn't need you in his new platform. He doesn't even need the community. There are enough people in China to fill the void.

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enginewitty (72) · 5 years ago

We're all doomed! Run for the hills!

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enforcer48 (68) · 5 years ago

Tis a minor inconvenience.

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berniesanders (77) · 5 years ago

Who the fuck are you? You don't even have any stake here you poor little bitch.

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enginewitty (72) · 5 years ago

I'm Batman! The Joker? The Riddler. Nobody.

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freedomtowrite (65) · 5 years ago

Are you sure you are smart enough for this comment? 😂😂

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enginewitty (72) · 5 years ago

Prolly not.

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novacadian (58) · 5 years ago

Sorry, got stupid there for a second.

Just because your stupid does not mean you are not correct. 😎

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enginewitty (72) · 5 years ago

Facts are facts. Regardless how people feel about them.

freedompoint (75) · 5 years ago

I can't help but stand back and slow clap!

I do not ever debate the idea of "right" or "wrong" , but I do appreciate playing chess which has moves and counter moves.

Anyone can see there has been actions and reactions. It seems like the witnesses idea to protect the chain was to use gasoline to put out a fire that wasn't even burning yet due to fear...and now it is burning.

I think when it comes to decisions that are made it is simple...if someone makes a decision they should be willing to live with whatever comes from their decisions...... Welcome to #newsteem 😂😃

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enginewitty (72) · 5 years ago

Well put hombre. Who in their right mind, knowing it could be easily countered, would have done what they did? Just saying. It was like going to play football against the Seahawks when all they knew how to play was Jenga.

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reesteemiter (50) · 5 years ago (edited)

Generally I don't comment on the articles I read, I haven't participated in the platform for a long time but I always try to be aware of what's going on. Today I find that the mood here is very agitated and I want to allow myself to give my opinion if anyone is interested. I speak on behalf of the community I did not know about steem, of those more than 5000 users who follow my account of which perhaps many are inactive by not finding what they expected or seeing too hard a way. I want to summarize what I have found and please correct the areas where I am wrong. We have always been crying out for investors to be able to keep breathing, then one appears @justinsunsteemit who invests so much money that they buy about 20% of the shares. But since that is a lot of influence, we are afraid of not knowing or suspecting what he might do with that power and we try to block him. The user moves his influence in some exchange houses to defend himself from that attack and at the same time he counteracts taking control of everything, then he appears here trying to convince us that it is something temporary and of his intentions by means of A Roadmap but the indignation that those who lost the power feel leads them to attack him by means of comments and protest actions.

This is my point of view on:

The purchase of steemit inc. is something you'll notice is a good thing because a major investor has set his sights on our platform.

Fear of abuse of power

As far as the rules are the same for all users where SPs represent the influence a user has or can have on the platform, a user who invests a lot is entitled to that Influence he has bought (it is his investment). SF should not have been applied just to affect this user, since it is not a decentralized act. I agree that we should protect ourselves from one person deciding for millions, but why wasn't it applied globally so that no one with more than 300K SP could vote? Maybe that affected the interests of many who are offended today?

If we really want decentralization something like this should have been done to choose our witnesses: votes under 500 SP add up to one when collectively they reach 500 SP, above that every vote is worth 1, the delegations do not count. We will have witnesses really elected by the community and not by whales as it is now or was before. Because what the new investor has done now will happen before without anyone being bothered, for example a user with 2 votes from 500K SP users had more right to be a witness than a user with 500 votes from users with 100SP, is that a fair election? Well, they wanted to prevent someone else from doing what many were already doing.

I think that the solution to the conflict is to implement a vote like the one I have described so that the community really chooses its Witnesses and does not continue to attack someone who not only put faith in our platform but who is still open to dialogue.

By the way, if he has influence in the exchange houses he is in my opinion an excellent ally.

distantsignal (64) · 5 years ago

I downvoted you because of your...

LOUD formatting.

You shouldn't bold your way into getting noticed. Thanks for your thoughts.

reesteemiter (50) · 5 years ago (edited)

I didn't know it was forbidden, it was enough to let me know to correct it but you first used your punishment vote. That's the problem that has kept steem from growing, you think punishment is the way because you have the power to punish, but then you complain when someone else with more power than you (@ben for exaple) uses it against you. It's a vicious circle that doesn't solve anything. The first correction should be the advice, and the punishment ultimately when the advice is not followed. See how you've been a part of the current state of steem? I've already corrected, I hope you can remove your unnecessary flag.

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distantsignal (64) · 5 years ago

Done! Upvoted instead.

elgeko (73) · 5 years ago

TRON is known for its thriving ecosystem

TRON is known for its shady snake oil marketing, ridiculously blown up numbers, and straight lies into users faces. Or do I live in a paralell universe?

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scooter77 (67) · 5 years ago (edited)

RIP Steem - A wonderful community ruined by the greedy actions of a few. I can't believe that you used customer funds sitting on exchanges to make this happen. Disgraceful.

Fork out their stake. Now to decide what shall we call the new Fork of Steem?

holoz0r (71) · 5 years ago

Steem-Safu?

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theadmiral0 (53) · 5 years ago

Holy crap - You've just shown your WILLING to do the EXACT same thing you are saying is HOSTILE to do?

If STEEMINC don't like something whats stops you doing the same thing in the future?
How can you build a trusting community when you don't value it.
Isn't it a bit hypocritical?

hobo.media (64) · 5 years ago

Bitcoin and Ethereum communities tell everyone over and over that on-chain governance does not work...

How many blockchains need to be dominated by a small party for you all to get it. On-chain governance always leads to corruption. It did with EOS and TRON and now Steem. This is the result of on-chain governance. Its faux "decentralization" and the little people always get fucked.

lordneroo (72) · 5 years ago

You never understood what it was you actually bought, Justin, just like you don't seem to understand that the power of Steem is the community behind the platform. Good luck saving your reputation in the global crypto community.

bala41288 (70) · 5 years ago (edited)

Soft Fork 22.2 was maliciously structured, intending to freeze a handful of very targeted accounts and taking away their rights and possession to their owned asset, and may be deemed illegal and criminal.

Using the stake from exchanges to take over the blockchain is also a crime and illegal act if you don't get it. This is a stupid move from you Justin. Now we all understand that you are as bad as Ned.

After all this, I had hopes on steemit and stayed neutral on this. Now I'm skeptical about the future of this chain.

You guys open your big mouth to talk today and give an announcement. Where did you keep your azz on 13th when all this shit happened. I guess the announcement and all this should have been told to us when Ned met Justin in a bar to sell off Steemit.

I guess this one action will make people understand how bad you are. Such a shame!!

Today may not be the end of Steem but this place will be full of shit. Sad day for the community.

ookamisuuhaisha (57) · 5 years ago

Did you know that we HAD a tool that could prevent that?
https://developers.steem.io/apidefinitions/#broadcast_ops_decline_voting_rights
It was explicitely designed for this reason: lock-out voting rights of accounts that should not be able to vote at all. Sounds like exchanges' virtual/technical accounts, right? I'm so sad that I accidentally learned about that operation only like a week ago.. [thanks to inertia186's https://github.com/steemit/steem-ruby/blob/f477239d45212fd2294f68364c32b80f91f42089/test/steem/broadcast_test.rb#L38 :) ]

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crypto.piotr (70) · 5 years ago

It's hard not to agree with most of your points @bala41288

I wonder how things would look if soft fork wouldn't happen. The moment when this fork took place - I felt that our community declared open conflict with Justin and I figured that if I were him - I would do anything and everything to remove current witnesses from their positions. I really feel that we didn't give him any reason to avoid doing it.

Cheers, Piotr

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techslut (70) · 5 years ago

What the what now? So... this was never a decentralized blockchain but a bad illusion of one? Shame I wasted so much time on it. Prepare for mass exodus and posts of community leaders announcing what crypto-blogging platform they're moving to. See you all there, I guess.

oldtimer (75) · 5 years ago

Where?

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techslut (70) · 5 years ago (edited)

Not sure yet. Waiting to hear community leaders (aka witnesses) decisions. There's no shortage of options. I am currently trying to understand uptrend.com and a few others. Gosh this sucks.

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ammonite (67) · 5 years ago

I am sorry for the American community when they wake up to this.

jacobpeacock (66) · 5 years ago

Worst thing to wake up to in a very long time.

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ammonite (67) · 5 years ago

Sorry, I think everyone is in shock and didn't want to wake you.

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jacobpeacock (66) · 5 years ago

Gah! We should have hard forked and not given them the benefit of the doubt that they were decent human beings.

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ammonite (67) · 5 years ago

I think a Hardfork will probably be in the works right now.

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jacobpeacock (66) · 5 years ago

Yeah. Unfortunately it is the only solution at this point.

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notconvinced (59) · 5 years ago (edited)

Well, you single-handedly taking over the witnesses and changing the powerdown to 24 hours will tank the value and send ppl running.

I just came back to Steem a few weeks ago after 2 years. Now I'm thinking that's a bad idea.

Way to make an Oligarchy claiming to be decentralized even worse...

holoz0r (71) · 5 years ago

Is that 20 day powerdown in the new code?

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notconvinced (59) · 5 years ago (edited)

Sorry, I mistyped...I meant 24hrs, it's early here.

It says above that Justin will be changing powering down to 24hrs to bring it in line with other blockchains.

Quote,
"Deploy Hard Fork 22.6 as soon as possible to reduce power down to 24 hours in alignment to other mainstream blockchains, while open for discussion for better economic implications."

kennyskitchen (72) · 5 years ago

Don't worry; if he manages to pull it off (which right now he can't, we stopped consensus by coming together as a community!), we'll just HardFork away. <- I'm kind of hoping for that anyway myself.

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notconvinced (59) · 5 years ago

I'm not to worried, just a little anxious to move forward. Unfortunately, I doubt that forward movement will include the necessary changes to Steems governance, so this doesn't happen again.

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sneak (64) · 5 years ago

Soft Fork 22.2 was maliciously structured, intending to freeze a handful of very targeted accounts and taking away their rights and possession to their owned asset, and may be deemed illegal and criminal.

Wow. Somebody doesn’t know how blockchains or p2p works.

ash (73) · 5 years ago

I think 80% here have no idea about DPoS and the plutocracy that comes with it.

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sneak (64) · 5 years ago (edited)

This isn't about DPoS. It's simply not illegal or criminal to patch a f/oss p2p app running on your own machine, which is what the witnesses did. This ain't a bank account, it's a blockchain: it's a game where everything's made up and the points don't matter.

Nobody "froze" an account, because there are no accounts and nothing to steal.

Cryptocurrency tokens aren't assets. They're not property. You can't own them. You can have knowledge of a key, and you can publish transactions derived from it. They're speech, not property.

Freedom of association means that nobody has to listen to your speech if they don't like what you're saying. This includes your transactions, and applies to block producers.

freebornangel (73) · 5 years ago

How many sock puppets does ned still control?

How long do you think it will take the ninjamine too be sold into stronger hands?

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adetorrent (74) · 5 years ago

Deploy in the next Hard Fork as soon as possible to reduce power down time to 1-3 days in alignment to other mainstream blockchains, while open for discussion for better economic implications.

Dang! This is kind of good. I'd go for 3 days just to offer some protection from hackers.]

For the next 4-6 weeks, the Steemit team will be using the voting rights to resume the order of the community .........

crypto-pilot (31) · 5 years ago

Anything that is owned by or that can be bought by someone is not decentralized. This has just been proven. In fact, as a crypto investor for years I believe that we we have all been fooled into thinking that we are investing in a decentralized solution, and, it may have started out that way. Like anything, the rich will centralize everything they can and make you pay for it. Nothing changed, the world is still the same as it was before 2009. Good luck everyone. :-)

nonsowrites (70) · 5 years ago

As a community member i am totally against the actions of steemit and tron to hostilely take over the steem blockchain. This wont pan out well for any body. The beginning of the end.

fullcoverbetting (69) · 5 years ago

Well this is getting interesting. If you do call the previous softfork maliciously, this one also should be called malicious. No information has been given what is included in this harfork.
I guess we have to live with this fact at the moment, because according to the SP vested I was a so called call of the community!

Cheers,
Peter

lucylin (67) · 5 years ago

Malicious was the intent, reaction was the reaction to malicious intent.
Naive beyond belief to believe anything else would have been the _re_action.

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tamiil (65) · 5 years ago

Thank you, but I'm done with this version of Steem. If community chosen witnesses decide to fork to Steem Classic or whatever then I go with them, but this here is the last straw. Time to power down and leave.

glory7 (80) · 5 years ago

Wow. What a "eye for an eye" movement.

After one side did soft fork to remove other side's "rights" without any public conversation/discussion,

the other side came back with the same sneak attack and got its "rights" back.

Things are getting interesting. Look forward to the town hall meeting.

https://steempeak.com/palnet/@apshamilton/hf-22-5-binance-poloniex-and-houbi-take-over-steem

jacobpeacock (66) · 5 years ago

This post by @apshamilton sums thing up rather well...

HF 22.5: Binance, Poloniex & Houbi Take over Steem

theguruasia (67) · 5 years ago

@steemitblog, @ned, @justinsunsteemit,
I can express my feeling by 2 words. (fk off)

Congratz you just made an unethical move and the chain became centralized. I think it's time to move to the STEEM Classic or whatever.

Cheers with your fking centralized sh!t

trumpman (72) · 5 years ago

HAHAHAHAHAHAHAHAHAHAH

lucylin (67) · 5 years ago

I couldn't have said it better myself.

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mobbs (69) · 5 years ago

Classic Trumpman lol

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maiyude (64) · 5 years ago

牛逼，可以预见一个分叉要发生了。

ervin-lemark (71) · 5 years ago

Fully downvoted!

For the last four years, I am a part of this community and this community doesn't agree with you.

This move is an orchestrated hostile takeover.

Getting exchanges to steal Steem from their customers,
putting on fake witness nodes,
voting for these fake witnesses with stolen funds,
creating hard fork with the approval of these fake witnesses.

Congratulations!

Your move will go into the blockchain history books as the first documented successful gaming of the DPoS platform.

What you did today has no precedence. You don't even begin to realize how wrong you are.

Which, sadly, doesn't surprise me.

What I, sort of, wonder is, how does @dantheman feel about it? Is he just a bit sad?

Now, to more pressing business? Community hard fork?

moon32walker (71) · 5 years ago

These are the consequences when one person @ned decides to sell, all that talk about decentralization was just a marketing trick, dpos proved to be a flawed system, specially if you include premined coins.

What can I say this was the worst imaginable start of new partnership, witnesses did a radical move with softfork, steemit inc did even more radical move with voting in new witnesses. The trust is ruined for sure on both sides.

With all this going on I have a legitimate fear that I wasted almost 4 years of my life on this blockchain. Things will calm down as they always do, but being an active Steemian during these days of radical moves is not easy at all.

d-pend (73) · 5 years ago (edited)

These are the consequences when one person @ned decides to sell, all that talk about decentralization was just a marketing trick, dpos proved to be a flawed system, specially if you include premined coins.

Have seen some convincing articles exploring in-detail the weakness of dPOS. POW also has its flaws and susceptibilities but it seems dPOS's are greater, from what little I know.

What can I say this was the worst imaginable start of new partnership, witnesses did a radical move with softfork, steemit inc did even more radical move with voting in new witnesses. The trust is ruined for sure on both sides.

From the very beginning press releases it was failed communication and lack of trust on every level.

With all this going on I have a legitimate fear that I wasted almost 4 years of my life on this blockchain. Things will calm down as they always do, but being an active Steemian during these days of radical moves is not easy at all.

One year less for me, and yes I put large sums of $$ and (far more valuable to me) energy/life into this place. However, I am confident that I will not look back with regret given the lessons I've learned and relationships I've built. Completely agree that this is a difficult time to be involved, past few weeks have been absolutely crazy! !ENGAGE 30

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misterengagement (55) · 5 years ago

@moon32walker you have received 30 ENGAGE from @d-pend!
View and trade the tokens on Steem Engine.

^{This tip bot is powered by witness untersatz!}

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joshman (70) · 5 years ago

Judging by the payout on this post, it appears the community has spoken. You know what the intent of the soft fork was, as it was clearly stated. You just seek to unilaterally bully yourself into a better position.

Side one: Several appointed community members fork to 'force a conversation'

Side two: Single stakeholder unilaterally forks to 'force a conversation' while asserting they are protecting decentralization

Can't make this shit up!

d0zer (59) · 5 years ago

I had hope when you bought Steemit but now it’s all over. Community, maybe we can come together and start one last initiative? An international powerdown day.

derangedvisions (73) · 5 years ago

In about a month, Justin has almost killed what he has purchased. I think he has been successful at what he set out to do.

pfunk (72) · 5 years ago

Go fuck yourselves

norbu (70) · 5 years ago

I Agree!

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freebornangel (73) · 5 years ago

Stinc is now officially stunc.

New boss, same as the old boss.

And you had to steal stake not your's to do it.
Do you see the irony?

The die is cast now, let's hope it ain't craps.
(Thanks alot, rich assholes!)

flemingfarm (68) · 5 years ago

Giant cunts! It wasn't a small group it was most of the witnesses. Sounds like you just stole the user funds that were on the exchanges to do something illegal. Nice to see this is how Steem ends. In a pile of flames and rubble. Hoping to see the real witnesses hardfork Steemit and ALL their stake out! Enough of your ineffectiveness! Might be good to look at the number of people who are powering down as a good tell of what the user base thinks of this bullshit.

kennyskitchen (72) · 5 years ago

Pretty sure there will be a hardfork.

One side: tron, steemit inc, steemit.com, steemit.kr, steemconnect (maybe), their full nodes (the most important thing really)
Other side: the community, splinterlands, steempeak, keychain, 3speak, many others
Unknown: many, specifically thinking esteem, dtube as important unknowns to me

My plan:

Stick with the community, keep my same stake on that chain (or increase, especially if price drops.)
Liquidate 100% (over time probably, depends on post-fork price) on tron-chain, remove all my content (replace it all with a redirect to my content on the community chain), use my down-votes against steemitron as I power down :-P
Revel in our new/old blockchain that has just removed a ~20% stake that was ill-gotten gains, PLUS we've gone through major crisis together, AND we got more news than ever before.

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chekohler (70) · 5 years ago

If you were against the soft fork I'd love to hear what you have to say now

penderis (63) · 5 years ago

chekohler (70) · 5 years ago

You're just trying to stir things up aren't you

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hobo.media (64) · 5 years ago

I have got to start watching that cooking show...

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novacadian (58) · 5 years ago

The reason for me being against 22.2 was that it did not fix the problem of a majority stake holder in a universal way but instead targeted specific accounts which broke the trust of the chain. STINC's actions has proven me correct on the first point and it is hard to see how that trust can be fixed.

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chekohler (70) · 5 years ago

Yea sure it didn’t fix anything but I just thought it was to get discussions going over what to do with it since a new stake holder could do what they did now! I thought it was about agreeing new social contracts that community would be okay with I read a post about proposals on what to do with the stake which sounded good

Anyway thing of the past now

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ragnarokdel (58) · 5 years ago

I was against the soft fork and I still am. You dont resolve issues by escalating.

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chekohler (70) · 5 years ago

You don't that's correct, but you do show peoples character when you escalate!

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techcoderx (64) · 5 years ago

Yes I am against the soft fork as I do not believe in censorship. I think that 0.22.2 just didn't work at all

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chekohler (70) · 5 years ago

Well, I guess you sort of got your way since they're just jumped over the soft fork! I think it was a good acid test for the new management and they failed with this move

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pangoli (69) · 5 years ago

The witnesses probably should have tried to talk about this before taking actions to freeze steemit's accounts.

I remember the last time there was as little as a whisper about forking steemit's stakes, ned started powering down. They agreed such a thing won't happen as long as he accepted to use the stakes for development purposes, which he did.

Under new leadership, we should have reached out to rediscuss those terms first. But no, we had to act out of fear by freezing their stakes first. At that point, our intent didn't matter to Justin Sun. He bought the company with his money and he had to protect his assets from threats.

I also think we must have been pretty dumb to think it was okay for ned to sell steemit with all that stake in the first place. If we believed it didn't belong to him, freezing it was a move we should have done a long, long time ago.

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chekohler (70) · 5 years ago

From what I read, they tried to reach out and got radio silence and saw an opportunity to force comms with the soft fork before they were voted out like what has just happened. I think the end result is basically the same, they would have been kicked out sooner or later.

It's just good to see the length at which these so-called decentralisation evangelists are willing to go to keep control, he showed his hands and it looks plenty filthy to me, but that's just my opinion

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d00k13 (75) · 5 years ago

Thank you for enabling me to cash out quicker now that you have exposed the flaws to the control of this platform! We may have backed you into a corner but your inability to communicate does not show promise for our community! Do you fully understand that we are not just a blockchain investment to be controlled but a group of real people with interest that can easily change?

Can’t say I didn’t see this coming 🤦‍♂️

gadrian (66) · 5 years ago

well done. we really needed an escalation of the mess and if you talk about an action that could be "deemed illegal and criminal", then what's yours like?

alexvanaken (66) · 5 years ago

More Rewards to Witnesses

You mean more for yourself now that you just took over all top 20 witness spots with your sock puppet accounts? @justinsunsteemit

moeknows (60) · 5 years ago

I am a bit of a layperson here, but doesn't this action kind of justify the soft fork? It seems like better communication should have taken place.

netuoso (70) · 5 years ago

This is literally the threat we were trying to help avoid. We knew it would happen because of Suns previous actions on Tron. Welcome to Tron 2.0

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moeknows (60) · 5 years ago

Well, again speaking as a layperson, it seems that the fears were Justified.

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novacadian (58) · 5 years ago

This is literally the threat we were trying to help avoid.

<sarcasm>That worked out well.</sarcasm>

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netuoso (70) · 5 years ago

They always had the ability to fork and take over from any block. The fact that they did it kind of proves their intent all along.

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stoodkev (69) · 5 years ago

It does, they basically just centralized Steem, using funds on exchanges that probably don t even belong to them. But hey, what we did was criminal.

lordbutterfly (70) · 5 years ago

Of course the funds dont belong to them.

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ragnarokdel (58) · 5 years ago

This isnt mutually exclusive, Binance can be criminals as well as the steem witnesses. But I suspect the TOS of Binance probably make them proxies to your steem (or other cryptos) otherwise you could literally call autorities.

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joythewanderer (78) · 5 years ago

It's sad that exchanges agree to do that, time to boycott those exchanges I guess, centralised exchanges are now the big player on crypto world, but it doesn't mean it will forever be the case lol.

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notconvinced (59) · 5 years ago

No the softfork is the same difference as this. The Softfork highlighted Steems flaw and Justin doubled down to prove its been Centralized all along.

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moeknows (60) · 5 years ago

Good point

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dalz (68) · 5 years ago

The 30 witnesses voting rule.
That is who to blame!

Lesson learned the hard way.

d-pend (73) · 5 years ago

Most major lessons in life are usually learned the hard way. Call it animal complacency? Humans care about food, shelter, emotional/social needs first, everything else is extra and requires additional energy to care about.

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ladybug146 (66) · 5 years ago (edited)

Bye bye decentralization hello hostile takeover just like much of the community suspected eh! Fucking sellout douche canoe.

skinnercrypto (54) · 5 years ago

You know what? This might be fair. I figured that increased interoperability and continued maintenace of Steem instead of abandonment or replacement is good. I want that. I like Steem a lot.

Lets find a crossroads people, and get through this. Steem on.

tsnaks (63) · 5 years ago

This post talks so much about TRON

I came to this platform because of STEEM . . .

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gerber (63) · 5 years ago (edited)

you just basically did the same thing... dpos in action :) now we have full decentralization :D so much fun :)

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https://steemitwallet.com/~witnesses

wil.metcalfe (61) · 5 years ago

NO. We are NOT interested in this "exciting" future you speak of @steemitblog. Based on how you have strong armed the community it is clear to me and the rest of the REAL Steem Community what this would look like. Bleak to say it mildly.

People who are interested in freedom above all else simply do not conduct themselves in this manner. So I say, "HECK NO!" to anything and everything you and your people have to say about the future of where you think the Steem Blockchain is headed.

Wave all the dollar bills you want in our faces... That's not the reason we are here. We are here for far more than financial gain. The disrespect you have shown the Steem Community in hijacking the voted witness's (Voted for by US the USERS) is despicable and UNACCEPTABLE!

As long as I am on this Blockchain I will resist any and all action you and your people take... And here's the thing to remember @justinsunsteemit... I am not alone in this opinion.

You are the new guy and this is an infrastructure based on influence and reputation. In a sanctuary of freedom you can not possibly think that you can come bumbling and crashing in here dictating your will upon the entire Steem Community like an entitled hooligan.

This is a community of people of smart and capable people who actually care about each others well-being... And from what I can see these are clearly things that you have a lot to learn about unfortunately.

I have said my mind... Now I am going to vote with all my Steem Accounts towards a brighter and better future for this Blockchain.

I suggest everyone reading these words do the same. Check the Witness Voting page and look to see who among the witness's have written something constructive about this sham. AND GIVE THEM YOUR VOTES.

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tonytrillions (66) · 5 years ago (edited)

Y'all have to come to your senses and stop lying to yourselves.

Steemit is centralised and that's why it can be sold away, but #Bitcoin? Nobody can buy that crypto tech, moreover its owner is anonymous making ít even more decentralised.

Its only in steemit where a group of so called witnesses can freeze a stake. I have never heard of a freeze of Bitcoin. Difference between centralisation and decentralisation

Y'all authors & curators you thinking you're special in any case? LoL You ain't different either, they can freeze your $10000 stake and you can do nothing about it....so wake up. Dreamtime is over!

When the dust settles and many come to this realization, they will be trembling like a jackhammer

Justin wants to use Steemit for his own gain then dump y'all...

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apshamilton (64) · 5 years ago

But I can't post my blog on Bitcoin.
There was hope that Steem could be trully decentralised (and it was being slowly but surely).
This has set things back a long way.

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kennyskitchen (72) · 5 years ago

Exactly, as @apshamilton said: "I can't post my blog on Bitcoin."

Bitcoin's goal is to be digital gold. But digital gold doesn't mean anything inside of this same game where the bankers & governments control all the currencies and internet connections...

Blockchain tech is drastically more important than being a new shiny quarter. But that's not because of BTC, it's because of things like Steem, Ethereum, LBRY, etc.

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https://steempeak.com/cryptocurrency/@blocktrades/the-legal-basis-of-cryptocurrency-forks

jacobpeacock (66) · 5 years ago

For those spreading disinformation (and for those who are curious) about Soft Fork 0.22.2 that was intended to prevent this sort of hostile takeover I recommend that you read the following article by @blocktrades

The Legal Basis of Cryptocurrency Forks

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udezee (67) · 5 years ago

This is hilarious. Broken promises.

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ragnarokdel (58) · 5 years ago

Well, he technically didnt use the steemit funds.:p

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udezee (67) · 5 years ago

Read the announcement again.

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pangoli (69) · 5 years ago

He 'technically' didn't use steemit's stake. lol
We froze steemit's stake last week, remember?
He got his friends from the exchanges (binance and Huobi) to help him vote his cronies and took over the chain.

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valued-customer (67) · 5 years ago (edited)

Once the exchanges fraudulently seized the funds they were charged with keeping for their clients and voted in the witnesses for @justinsunsteemit, those witnesses ran a fork that unfroze his funds.

He now has full access to the founder's stake to do with as he will. That's what controls the blockchain governance now, not the exchange's pilfered funds. That's why they're going to power them back down very quickly, to reduce the financial harm to their clients they defrauded when they seized those funds, powered them up, and used the owner's rights to vote with them.

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howo (70) · 5 years ago

Well, today is the day steem dies. As a witness I am sorry, we tried hard to prevent this from happening but the game was rigged from the start.

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donekim (81) · 5 years ago

What the fuck are you guys doing...?

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enforcer48 (68) · 5 years ago

The Party has come to take over I guess.

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moemanmoesly (67) · 5 years ago

What you did just goes to show that the original witnesses were right about you...

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vermithrax (56) · 5 years ago

I was just about to post the same.

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sumit1998 (66) · 5 years ago

I think community answered you.

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phusionphil (66) · 5 years ago

Fuck you and everything you are.

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overkillcoin (69) · 5 years ago

The community has called you out on your lies and heavy-handed tactics.

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spectrumecons (69) · 5 years ago

This is insane.

Is this legal?

It certainly feels disgusting.

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valued-customer (67) · 5 years ago

Seems to me the exchanges violated the fiduciary trust they held to keep the funds safe when they stole them and exercised the right of ownership to use them to vote on witnesses. The actual owners of the funds were deprived of their votes by the actions of the exchanges (an abstention is a vote), and now the blockchain is irreparably harmed and financially diminished as a result.

Multiple grounds for tort action to seek remedies IMHO. Sadly, IANAL, although I'm told I should be. Mostly because I argue so much.

allcapsonezero (61) · 5 years ago

"This is very much against every aspect of the original purpose of decentralization and the core value of the Steem blockchain and community. We can’t let it happen."

I think it just did.

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abbenay (31) · 5 years ago

Is time to grow in other decentralized social networks such as creary.net. Witnesses! Here is a tutorial to create a node in this community. The consensus it is 25 witness nodes. See you there tutorial >>> https://creaproject.io/set-crea-witness-node/

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vermithrax (56) · 5 years ago

Or perhaps hard fork the chain into two separate chains. One with just Justin's 20 witnesses and one chain with everybody else.

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cryptonewz (51) · 5 years ago

Tron is a shit coin and so does with steem coin also.. Steem is a shit coin now.. Im still stuck in here for 13 weeks.. I need to go out from here before to late.. Panic Time!!!!

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bil.prag (68) · 5 years ago

The group behind this could essentially do this kind of attack to any Steem community member, on any terms they want.

Binance and Poloniex can do what they did to steem to any other coin on terms that they want, so people that have coins there, maybe you should be careful. If they did it to steem they will probably do it to other coins too.

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bossel (66) · 5 years ago

"For the next 4-6 weeks, the Steemit team will be using the voting rights to resume the order of the community while having an open channel for meeting community members and Witnesses. The goal is to protect the Steem blockchain from bad actors, add transparency, and receive community suggestions and advice."

This very much sounds like CCP talk, which would then translate to:
'We are the dictators now. All we do is in the interest of the people. We decide what is in the interest of the people. Everyone who opposes us is a bad actor. Transparency is what we decide to reveal. You are free to have an opinion, which we are free to ignore. If we don't like your opinion, you will be punished.'

"We’ll be learning a lot from TRON’s team on how to build a healthy exchange relationship"
From what I have seen, that healthy relationship looks like forming a cartel to enforce your will at all cost.
The way you act, you are only losing any trust or goodwill people might have had.

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vermithrax (56) · 5 years ago

On March 2, 2020, Steemit regained the staked accounts, so as to course correct the hostile behavior led by a small group of people, and resume the order of the community.

233 downvotes and 889 mostly negative (for you) comments say otherwise. It's wasn't a small group.

We are not happy. And we are certainly not happy that you unilaterally attacked our duly elected witnesses.

For the next 4-6 weeks, the Steemit team will be using the voting rights

… to set up a tyranny. Or at least try to set up.

The goal is to protect the Steem blockchain from bad actors,

You are the bad actors. You came here to take over our blockchain.

After the 4-6 weeks period, the Steemit team will give the governance back to the community when it’s back in order and mutual agreement.

Thats what every tyrant says — but never does. In 6 weeks you will announce you need another 6 weeks to restore order and mutual agreement.

And then another 6 weeks. And then another 6 weeks. You are a tyrant and will never give up power.

Only, it didn't quite work. Democracy had a comeback on Steem:

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tsnaks (63) · 5 years ago

Deploy in the next Hard Fork as soon as possible to reduce power down time to 1-3 days in alignment to other mainstream blockchains, while open for discussion for better economic implications.

You know I am not a crypto guy, I don't have much knowledge about what's going on.

But fucking hell, 1-3 days to power down ?? That's criminal

Make it at least a week, or more.
Powering up should mean commitment.

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tamiil (65) · 5 years ago

Not to mention it was protection against hacks and phishing. Now if someone gets hold of your keys they can instantly cash out. Before this you had time to initiate Steem's account recovery process and secure your account before you lost your money.

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bil.prag (68) · 5 years ago

anyone care to tell people what exchanges are doing with their coin? or i just did not know that is a normal thing.

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