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RE: Vlog 459: A sad day for Steem

in #exyle4 years ago

Checks and Balances

This is a great thing for the STEEM blockchain. One can't just buy a big stake of STEEM and keep on repeating you aim to convert the token to another blockchain. Not by buying your stake on Binance or OTC. It indeed doesn't matter!

Let's say you consider Steemit INC to be the 'government' of the STEEM blockchain, it's a great move of the 'parliament' of the STEEM blockchain to take precaution. It's not hostile, just being sure there are checks and balances.
STEEM is not the same as bitcoin. This is DPOS and it's how it is supposed to work.

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