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RE: Open Letter To Steem Community
Not sure what to say about it.
We were in danger of being absorbed and having FUD shit all over us from Justin Sun.. At least now he's willing to sit down and communicate with us, rather than leave us all wondering if STEEM has a future.
Said from the very start that this would likely result in a fork.. It did.
This could still go very badly for STEEM, I don't know what the future holds.
Guess we'll see when we get to meet with Justin Sun..
What are you talking about? There will just be a meeting, the bigger accounts and witnesses will be satisfied they will get a good deal and Justin will then do whatever he wants. And fuck the rest of the people, just like in real life with politicians. And I am not against Justin Sun, this has never been decentralized, just a small group of people have always held the power so for most of us there will not be much change and anyway we don't really have that much to lose.
We're just taking the steps necessary to not be absorbed into TRON. He could just give us lip service and then do whatever the fuck he wants.. True.
The DPOS nature of STEEM makes it that only a small number of people have control over running the code that runs the blockchain... It sucks but that is how it is.
We have the entire chain to lose if this goes bad... I don't know about you, but I don't want STEEM to get absorbed by TRON then have to pay to make a post or comment or transfer..
We could have come up with a multitude of solutions. That 51% of all witnesses must employ a HF for it to become recognised like most PoW chains. Just throwing that out there... yet there would have to be countless changes that could be made to thwart Sun while at the same time thwart other whales. Thwart everyone equally. This is extortion and looks like ETH classic from here.
P.S. Dropped all support of witnesses which installed 22.2 so you understand my withdrawing your vote. My choice affected every witness not just you.
Only 17 of the top 20 witnesses need to run a new version for the chain to switch over to it.
The back-up witnesses such as myself do not really make much of a difference in what version we run.
This isn't about thwarting whales at all.. This isn't even about thwarting Justin Sun..
This is literally about keeping the STEEM blockchain from being shut down and rolled into the TRON blockchain.. As Justin Sun stated he was going to do initially. So unless you're down with STEEM being shut down, and being moved to TRON, and being charged transaction fees on all operations such as comments, posts, transfers, etc etc.. This is what had to be done. Does it suck? Fucking rights it does, but with Ned selling us out to someone who wanted to dissolve STEEM as we know it, this was basically the only way to ensure that it wouldn't happen.
ETH classic was to reverse a hack due to shitty coding, our fork is to save the blockchain itself.. Not sure how you can compare the two.
I understand where you're coming from with your statements, but you're looking at it from angles that weren't even considered when we rolled this out.
We're trying to protect STEEM, Not fuck people over. Temporarily forking out one persons access to ensure the rest of us still have STEEM to gather around is what we are doing here.. :/
Hi, are you able to provide a link where he is saying
I heard other things and dont mind challenging my own perspective.
It was in a twitter post that he's since deleted.
My off the top of my head suggestion was to imply that 51% of all registered witnesses be required to institute a HF. That way not only the top 20 would have that decision and there would be too many witnesses for a whale to control like in the case of the present system. This was just an off the cuff suggestion of how we could look for a generic solution that would affect all accounts so as to not simply targeting one.
If that would have been the lesson of DPoS then we should have learned from it and progress towards a REAL Hard Fork. Tell Mr. Sun that. Tell the community that and do it if he used his stake to influence witness voting.
The Computer Scientist in me would suggest the following start up for the new model...
The loss of my Dolphin status would be excepted by me for this second kick at the can. But that's not going to happen. Too much vested interests and not a prevalence of scientific curiosity. So the best solution, in my opinion, would have been one that affected all users while hampering/thwarting/hoodwinking Mr. Sun as well.
Hear, here. I did the same thing. You will see @drakos on my list, but he was not top 20 at the time this went through and was also, along with @guiltyparties and @neoxian, the most civil towards me during a few discussions.