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RE: TRON vs. STEEM: Is The STEEM Community Already Speaking?

in #steem5 years ago

I believe that as a proxy voting block several large Korean accounts control 6-7 million Steem Power. Just enough that they can swing the overall deadlock in interesting ways. I believe Sun is working to retake the top 20, but won't show his hand until he has a hard fork prepared to launch instantly. I don't think his development team is capable of delivering a safe fork in the near term, so my biggest fear is a bug that halts the chain for days if not weeks.

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Okay. Proxy voting. I wasn't thinking along those lines since I don't do it but it makes definite sense.

No doubt Sun wants to retake the top 20—he needs to figure out a way to save face. He has all the markings of a win at all costs kind of guy. I think we're seeing that play out.

A bug halting the chain would not be good, but it wouldn't do him any favors, either. Without the STEEM engineers at Steemit, I wonder just how quickly they can even come up with something like that. If Binance actually does start a power down, maybe that can be diffused a little bit, too.

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