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RE: Restoring Community Governance
That's just a rumor. Did you see any evidence? Many people are fooled by the previous top 20 witnesses and whales. They didn't remove steemit's stake, instead, they make it to steem.dao, and it's for the proposals. And guess who can get the votes and take the funds? The previous top 20 witnesses and whales. Their cross voting can get themselves much of the things.
Besides, top 20 witnesses gets much increased SP, that increase the total circulation, and make usual people like your and my assets' value shrink.
It doesn't really matter. Justin doesn't need them anymore, as we speak the blockchain is being censored through the API endpoint so even Steempeak doesn't show the censored posts any more. I am seeing a dystopia unfold here. There is a growing list of people that don't have equal speaking rights in Justin's little kingdom. Of course that doesn't matter for people like you and Hive might feel like a dictatorship.
Just know that if you burn yourself on anything, which I have seen happen to basically everyone piece by piece, just give it time...
You will be welcome on the other side.
And just like that by mentioning the big H I already went against the new terms and conditions again, oops!
glhf!
Two very true statements.
About the difference between the stake here and there: steem.dao doesn't have keys and can only be moved by hardforking, which means that every witness has to be on board to do anything. That makes a huge difference. You could say it's just a way to represent the stake, it cannot do anything as it stands. Meanwhile, you cannot deny the stake is not just in Justin's hands here, but actively being abused.
I wait while I let you do the math.
Really? Can you show your references? The fund of approved SPS are from steem.dao, as you said, if there's no keys, the fund can only move by hardfork. That doesn't make sense.
The SPS funds are through SBD and those are programmed in as an on-chain app that follows rules. Nobody does that with keys, it's just in the blockchain rules. SP is by definition not mobile, so the SP is just parked on that keyless account and cannot be accessed except by a hardfork. There will be a vote about the accounts that the next hardfork should give the HP equivalent of SP etc, but it's still up to the witnesses if they will run that or not.