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RE: Binance Issues an Apology to the Steem Community & Exposes a DPoS Vulnerability | Steemleo Show #21
I think it's actually impossible for Binance to allow their users to vote on this issue. All their powered up stake is in a single account and you can't split the votes up like that.
Posted via Steemleo
Also, the reason why Ned is messing with powering down directly to exchanges is because a softfork can't block the transaction once it goes through. It won't matter of Sun loses the majority vote as he is powering down, the softfork will not block it. We would need to hardfork.
Posted via Steemleo
Yeah. I would imagine their "solution" to the voting issue is that majority rules. They put out a poll to support two sets of top 30 witnesses, perhaps, and the majority wins the vote.
If they even do that at all. My assumption is that they don't really care and will just vote whenever they feel like it. Nobody is there to stop them. No regulatory oversight. Nada.
Posted via Steemleo