You are viewing a single comment's thread from:

RE: What Does Decentralization Mean To Me?

in #decentralizesteem5 years ago (edited)

It wasn't that Justin didn't own it, but that Steemit Inc. has obligations for it. The promise wasn't made by the individual @Ned, it was made by Steemit Inc. When a business is purchased, all obligations come with it. He can't have the Stake without the liability.

So what would your presentation be to the community?

What you are presenting wrt to the voting rights is centralized power. Many investors (practically all of them) invested in Steem stake with the understanding of that promise. Reneging on that will basically kill Steem as all the biggest stakeholders will leave. At that point, Justin will likely move ahead with his stated goals of moving Steem to tron and killing the blockchain.

The witnesses are liquid in terms of this: Justin could remove his sock accounts in an instance and then re-install them in the following instant. The centralized system you you gave is an example of this.

Sort:  

You get that is the way this place will always be with staked voting and 30 votes? I mean even today the top witness only has 20k accounts voting for him. It is hard to say how many users are on steem but I don’t think that is close to all of us if it is then wow we are a small group. Steem INC did not make those promises forever imo. So when a new owner comes in he can stake how he plans to use that stake. At that point you can fork if you want and have the support and skills to do that. Or if your a normal smaller user like me then you stick with what the top guys want. Just like I have had to do for the last few hard forks. I don’t see it all that different.

The community needs to make a decision first. Do you understand the Steemit INC stake belongs to Justin Sun and he has the right to stake how he will use the stake he bought?

If the answer is no. And you feel you can put conditions on his stake based on statements of the former CEO and people at the company. Then all you can do is fight. You won’t have my support but maybe you can win.

If you can say yes then the way forward is to state that you agree to not freeze the Steem INC stake. To listen to Justin’s plans and then vote on his ideas. You can voice anything you would like to see him do with the stake. If enough of the top stakes do something like this Justin should then remove his witness. At that point whoever is in the top 30 should start to work with steemit INC towards HF 23. We should set up votes for the different ideas that have been put forward. Witness should come out in support or against HF 23 and we should stake that Justin can’t vote on this. Then we got which way the community wants. That is what I would say is the way out of this.

Posted using Partiko iOS

Loading...

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.036
BTC 96147.07
ETH 3525.13
USDT 1.00
SBD 3.45