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RE: The communication style of the insane

in OCD5 years ago

One thing we need to keep in mind as users, Hard Forks are not easy things to do. I don't know about the ability of Tron's tech team, I do understand that steem block chain is somewhat different than others, and that there has not been that many successful deployments of Hard Forks lately due to the complexities of the system.

We are approaching a point where a pro-active Hard Fork may be needed, before Tron can hard fork steem block chain into oblivion and be unable to recover the chain. This is something the Monetary investors are going to need to take a hard look at. What happens to tokens when the chain is no longer there?

I hope that for the next event there is a Plan B, even if it from outer space or a just a pie in the eye dream, the witnesses and investors need to be prepared for the worst possible outcome, a frozen locked block chain with no value.

The last couple of Hard Forks, took months to test. The soft fork was by all accounts just a very simple thing to change. The power down cycle is not going to be so easy to change, it effects many different and various parts of the code. From pay-out time frame, to witness voting time frame, to other things I have no idea of.

Steemit.inc via their steemitblog has pretty much stated the next hard Fork was going to be the SMT Hard Fork, and that a shortened power down period would not be considered. This is what the users have wanted for two years, (SMT's), there was quite a bit of chatter and post about the shorter power down issue, and from what I could see the majority of the users were not in favor of it.

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What happens to tokens when the chain is no longer there?

The chain is there, as there are hundreds of copies of it.

Not sure what happens with the future hardforks and their organization, but I guess for now, it is baby steps to try not to fuck it all up.

Steemit.inc via their steemitblog has pretty much stated the next hard Fork was going to be the SMT Hard Fork, and that a shortened power down period would not be considered.

None of this is relevant now, "under new management"

I am hoping hat this will be a turning point for the betterment of Steem, but it might be a forking point to a new line of chains also.

None of this is relevant now, "under new management"

That is the big problem it seems. Some parts, property, and promises made by a business carry over to the new company owners. If a bank is bought by another bank, and that bank holds a mortgage on your property the contractual requirements for that mortgage do not change.

The big sticking point seems to be contractual in regards to the ninja-mined stake.

Off topic, If they record this MSP waves Town hall meeting it is pretty interesting. Sounds like people are beginning to think and make plans.

Problem is, social contracts aren't very firm.

Yeah, the old style hand shake contract doesn't hold much weight any more.
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