RE: Softfork 0.22.2 // The Steema Carta
A lot of people still keep throwing out the white paper as if it is a legal binding contract. I am not sure about the legal binding part of it, it is a document that is used to promote and present the goals of a company. Companies change all the time. IBM used to make typewriters, now they run block chains. Elon Musk used to, i'm not sure, but he launched a car into space.
Four years according to many the Ninja mined stake has been known. Four years the witnesses have had the ability to write all the ninja-mined stake out of steem. Four years the witnesses did nothing to resolve the issue.
I searched trying to find a reference for "White Paper" being a legally binding contract, I found nothing. Lots of links talking about the history, and about what they are used for, but know that stated they are legally binding.. They were mostly talked about as Audience specific advertising papers about what the company stands for.
Who in their right mind would invest large sums of money into Steem when they can have that investment locked up and un-retrievable. Was there not an exchange that locked up individuals steem? Did that not cause people to retaliate?
We see a lot of talk about FUD on steem block chain, i like it, I am guilty of it. The reality is the steem belongs to Justin, he bought it. If there was a legal breech it was false advertising on the part of Steemit and their white paper. Was actions taken to prevent Ned from selling his ninja-mined steem? Did the witness have a problem when he was selling it to keep steemit running?
Were we the people, holders of Steem large and small, that the witnesses are here to ensure our block chain is protected, invited to any of the witness group meetings to share our concerns? You said a "Super Majority" voted for the soft fork, how many witnesses make a super Majority 17 of the top 20? 26 or the top 30? 44 of the top 50?
I think this is a sad day for steem block chain, but that is just me and if I am a minority of one then so be it, those are a few of my thoughts on today's actions.
If you look on the witness list, out of the top 20, currently 17 are running the updated version. Some are supporting it but are not switched over yet. The actual number is something like 18 or 19 out of the top 20.
The lower ranked witnesses don't make much difference here; together they get one vote.
Thank you, when seeing statements as super majority it needed to be clear to the people that only the top 20 witnesses opinions counted, as it is with all hard forks, the term soft fork was a new one on me.