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RE: Fact: Steemit Sybil Attacked the Steem Blockchain

in #steem5 years ago

I don't think witnesses thought everything was fine because last year some considered hard forking out the steemit stake which may have been a far worse fiasco than this.

The issue goes beyond freezing or not freezing Steemit Inc. Stake.

I understand (and agree) why the HF 22.2 was implemented, and why it was needed, but at the end of the day, it was a patch, not a solution to the underlying problem.

The underlying problem isn't if Steemit Inc. should vote or not.

It is that no matter how big a stake is, it shouldn't be possible for that stake be able to push the top 20 witnessess. And 30 votes per stake is a big factor in this.

That can happen right now to just about any DPoS chain. Hopefully we can improve DPoS governance to prevent this in the future.

True, and you are one of the few witnessess that actually positioned in this situation as 'this was a witnessess mistake'.

Most of them didn't.

Most are just playing the blaming game with Justin, looking to prove that he is the 'evil' instead of moving around a solution to this problem.

And while this happens, users and investors are put in a position of having no idea what to do.

Should i stay, should i go, should i sell, should i support the votes, etc etc etc.... And this is bad. Bad right now and bad for the future.

Sure, we can always fork out and start a new chain, but tell me, how many of Steem sister chains have any relevance?

What do you think we should have done instead? Forked out the stake? Done nothing to counter the statements made by Tron about moving everything over to their blockchain without even consulting the witnesses or the community?

Never said that, and again, i understand and agree with what was done by the witnessess in the situation they had. Unfortunately, the outcome was unexpected.

But at the end of the day, its witnessess job to figure out a way of this mess.

I see a lot of complaining lately, but what would you have done if you were a witness? What would have been a better course of action to protect the chain?

Not interested (and never was) in becoming a witness, specially because my field of knowledge isn't blockchain technology, so i wouldn't be much of a help.

But one important thing that someone in a leadership postion (as witnessess are) must alway do is to listen, specially to those that have a different opinion and perspective.

As you can see on the @hotbit, @onwayout, @valued-costumer discussions below, there is a lot of possible ways to study to improve the blockchain safety.

I have been on Steem for almost 4 years now, and everytime i saw a 'normal' user tried to reach witnessess with any kind of subject, witnessess position were more inclined to 'you dont know anything, we know it all, we ignore your opinion'

I would sincerely like to know what you think witnesses could have done better?

Not much difference. But right now, they should suck it up, admit they failed, and move to a productive solution, instead of trying to prove who is 'right' in this situation.

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Well said phgnomo. What happened to Steem is now a vulnerability to any DPOS blockchain. There are frustrations among the Tron community as well for similar reasons. Binance is Tron's top Super Representative (witness) as they use their user's trx to vote on Tron blockchain. They achieve this by paying users a bit more than other Super Reps do. But, do you really want exchanges calling the shots on your blockchain. No. I am of personal opinion that Steem would benefit by coming over to the Tron blockchain. There is a lot both chains can learn from one another.

But, do you really want exchanges calling the shots on your blockchain. No.

To be realistic: This kind of scenario is what you got in every cryptocurrency.

DPOS means that the chain is in the hand of some big stakeholders which tend to be the exchanges.
POW means that the chain is in the hand of some bigass mining-pools.
Choose your poison.

Btw. that´s part of libertarianisms general tragedy. Libertarians love the free market, but the big players on the free market don´t care for their libertarian dreams.

Most are just playing the blaming game with Justin, looking to prove that he is the 'evil' instead of moving around a solution to this problem.
And while this happens, users and investors are put in a position of having no idea what to do.

Not much difference. But right now, they should suck it up, admit they failed, and move to a productive solution, instead of trying to prove who is 'right' in this situation.

Spot on!!

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