RE: Vlog 459: A sad day for Steem
Thanks for your opinion on this. I think if I was running a witness node, I would have followed your reasoning.
I think ultimately this decision by the witnesses came from a lack of communication from @justinsunsteemit which created irrational fear in the community. Some feared he would start voting for witnesses with the stake. So witnesses are doing that softfork 222 in order to protect their positions in the top 20.
Everything would have been perfectly fine, had he been half as active here as on twitter following the acquisition's announce.
Of course as you said, the the first thing a logical person would do after getting access back to the funds, would be to power down in many anonymous accounts and start voting for witnesses who did not support this move. So there's probably going to be a very long discussions before anything changes, and meanwhile the stake is held hostage...
I'm not in the top 20. GuiltyParties is not in the top 20. Netuoso is not in the top 20. Nextgen is not in the top 20. Neither is SteemPeak, Actifit, Abit, liondani, riverhead, bhuz, pfunk, arcange, jackmiller, c-squared, mahdiyari...
Neither is theycallmedan or johal or Transisto.
There were plenty of people engaged in discussions over the past 10 days and plenty of witnesses that were not in the top 20 who were very vocal and very much involved in the entire process. To paint this as a "protective move simply for the top 20" is just factually incorrect. You guys can repeat it all you want, but the truth says the exact opposite, as you can see by the number of people who began running the code last night. There are witnesses all the way down in the 80s now running this version.
In fact, a pretty large majority of witnesses are now running version 0.22.2, so it seems that continuing to paint this as only a top-20 undertaking or protective measure is just a flat-out and provable lie.
Yet 2/3+ of the top 20 at least, agreed and patched to 2.22. Else the funds wouldn't be frozen. Most of the sub-20 are influenced by the bigger ones with more stake.
for one, I am pretty sure no one did this to protect their position. As I outlined in my post, this was done having Steem at heart. All for Steem. Steemit Inc's stake as far as we can tell is not voting for witnesses, so that would not change. It is preventing the Steemit Inc stake specifically, which is bound to social contracts, to vote. As they where not voting anyhow obviously this doesn't change anything.
Yes, that's a nicer way to put it.
Overall, adding code to arbitrarily change permissions like this is completely against decentralization principles. It also destroys the trust in the STEEM currency. If a mafia of 20 nerds can freeze your funds so easily, why would you want to ever invest into or hold steem?
Today maybe the only victim is Justin Sun, but tomorrow it could be apps or other large investors whose funds are taken hostage in a similar fashion, who knows?
Good. Justin Sun hoovers up I.T. and blockchain tech assets for the CCP. It's highly speculative to imagine any other outcome for STEEM blockchain than being disassembled and picked apart like a carcass for the fattening of one other.
So SteemIt will be disassembled by communists ?!?! That sounds like cold war fear propaganda.
I really don't see think that Justin Sun having chinese nationality as an argument for freezing funds, sorry. Communists are allowed to buy companies, they are people too!
Now, what I'm wondering is: would witnesses have acted the same if it was Elon Musk who bought the stake?
all this was communication shitshow. we will assimilate steem and swap your steem for whatever tron token. we have no intention to do that, for now. Steemit employes say no one in talks with them said anything about assimilation and swapping, then two hours later Justin on twitter again tweets about assimilation...
i would like to think that if Elon bought it and started talking about moving steem to another blockchain and swapping steem for some kind of SMT that they would do the same.
Of course they would not, they are racist witnesses! lol
I wasn't thinking only about that, but also the fact that with Elon Musk we would be able to put STEEM witness nodes in space and making sure everyone on the planet can receive new blocks