You are viewing a single comment's thread from:
RE: Is it Even Possible to Hide From The Sun?
To answer your question...
Steemit has 29M Steem which is equal to 57238 MVESTS.
The No. 1 witness right now has 93620 MVESTS backing him.
Steemit has not voted for witnesses yet. If Sun does it, he can shake up things a lot, but he cannot get 20 new witnesses in the top 20. (witness No. 20 has 77113 MVESTS)
This means that the top20 witnesses can fork his stake out of the chain if 17 of them choose to do this (if needed).
Only if sun somehow acquired double the stake of steemit, he could do whateverthefuck he wants.
Edit: I forgot to factor in the accounts "steem" 11.6M Steem and "misterdelegation" 19.3M Steem.
That is enough stake to replace all top20 witnesses. Whoopsie.
Thanks for the technical explanation. Supposedly he only bought Steemit stake, and nothing more, than he can't affect the blockchain too much. I really hope Steem will remain the same. Don't care about Steemit that much, but wouldn't like a Steem Tron token and other possible scenarios.
I hope you read my edits, too. I forgot that they have spread the stake across multiple accounts. There could be more accounts controlled by STINC
I did. Thanks for you comment. It clarifies a bit the situation.