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RE: Hello old friends if any of you are still here. A question regarding the steem/hive fork that I missed..

in #steem4 years ago

Welcome back! I had noticed that you were absent. Glad to see you again.

The Hive witnesses took my stake during the split because I had voted for witnesses in both factions in a futile bid to encourage separation of powers and use checks & balances to prevent either side from harming the chain any further. Needless to say, after being stripped of my stake over there, I'm only active here now.

I lost a great deal of respect for many of the Hive leaders during the hostilities, but if I hadn't lost my stake, I'd probably be supporting both chains because many of the people who I previously enjoyed interacting with went over there.

To me, the big revelation of all the hostilities is that DPoS, as implemented, is not a safe governance protocol for investors, and Hive is making it worse. In the next hard fork, they're building a 30-day period into their protocol before a new investor can vote in order to make sure they can defang any future investors who don't meet the approval of the power brokers. It's an implicit acknowledgement that they fully plan to remove other investors' stakes in the future. (to be fair, stake-removal happened on this side, too...)

From what I can tell, JS hasn't been any more active than Ned was with Steem, but Steemit has been a lot more engaged since the acquisition. They have been actively curating and recently announced a planned partnership with Tron's new DEFI platform (JUST). No ideas about the details of that partnership, though.

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