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RE: Steemit Inc. Powerdown Due to Fears of Having Accounts/Stake Stolen in Future HardFork
This must not be allowed to happen! It would destroy the integrity of the blockchain. It would destroy trust. It would mean that anyone can be robbed for some arbitrary reason.
Yup, pure disaster, which is why it would never happen.
I think we would just get 2 chains. The result would be similar to the ETH DAO event.
Not really since ETH is proof or work and Steem isn't. The Steem blockchain can't split like that since the majority of the top 20 witnesses would have to go along for the fork to even happen. Then the remaining witnesses would not be able to carry on in their own chain since the code in the chain would not allow it without the majority of the witnesses.
Yeah. It cant happen. Good point.
Thanks for clarifying that.