My opinions on the Tron news
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6 years ago in Steem Governance by themarkymark (78)adminWitness: @themarkymark
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If the purchase of a single entity is enough to send the decentralization we've been fighting for / dream of, down the toilet, then I guess we were never decentralized enough...
I am very optimistic about the future of Steem and deep down I know that those in charge will do their part so that this blockchain can thrive.
PS. Nice to see you expressing yourself Mark.
we truly never were decentralized..
some voices tell us that since years--
In a decentralized system this person is you. Delegate away your responsibility and you put the power in somebody else's hands.
I take full responsibility and I am all in with Steem. Regardless if it goes down to zero or if we have to fork the chain. How about the rest?
It's up to them.
Shit is definitely getting interesting, the only real value any social network has is its people/users. No matter how great a product is, if no one is willing to use it, it is worthless because value is a human construct. In my opinion I do not think Justin will do anything drastic to piss off all the users of STEEM since that is what he basically paid for, but anything is possible, I guess we will see...
It's pretty much a concerning situation as steemit Inc has enough Stake to vote 20 their own witnesses to straight away replace the current top 20 and do what they like to the chain, I wonder if that was included in the "commercial" agreement. However like you,a lot of people are trying to keep and open mind and hope to see a better and thriving steem.
Thanks for this...a level head is good for now. This may be a great thing for us but, it has many ways it could go bad too. Hopefully today’s live streem is positive.
Hi @themarkymark, let me throw a "macro thought" at you, immediately ahead of the AMA.
Justin Sun paid $4.5 million to have dinner with mega investor billionaire Warren Buffet. Warren Buffet's made his billions as a value investor who goes into undervalued companies with solid ideas.
Three weeks ago, the two had their dinner. Justin Sun may be many things, but he's not stupid. You don't spend time with "The Oracle of Omaha" and not come away learning something.
Now Justin Sun has — because we don't have a better word for it — acquired an interest in Steemit, Inc. and, by extension, influence over the future of the Steem ecosystem. Steem is highly regarded by many (including Weiss Ratings), but grossly undervalued. It's a great blockchain... with lots of functioning dapps with USERS and many new use cases in the pipeline.
While we were caught in our own storm of news yesterday, yesterday ALSO marked the day Dan Larimer's "Voice" project formally went into public Beta. Interesting timing? Coincidence? Probably not...
Consider the possibility that Justin's move was wanting Tron to compete with (and beat the snot out of) Voice... and the Steemit, Inc. deal was the most viable option to do so. He has the resources to fast track a lot of the developments that have been collecting dust on Steemit, Inc's shelves.
I cannot even begin to comprehend the functional aspects of the Tron/Steem alliance, but my thought is that this was not a move to abandon the Steem blockchain...
Soon enough, we shall know more...
I also thought about the timing with Voice, but I think this was a mess up. I do not believe this was planned to be discussed on this timeline.
Or he and Ned and Dan are in Cahoots with Voice to get rid of Steemit! See Justin can make even more money that way too! I'm sure Justin is an even larger inside investor in Voice too lol!!! These kind of whale sharks can make money driving businesses under as they can bringing them up. Maybe Buffet put him up to it!! The price of STEEM over the coming weeks and months will tell us. If it goes down a lot then this was all a scam!! STEEM dropping hard o nth3e AMA news, so the invisible hand of the market is already at play! I had to power down and will hope it gets bid up so I can sell if / when it does!! Hopefully they can keep this charade going for another year and a half so I can make a decent profit on STEEM at least?????? I do not want anything to do with any tron-steem unlimited / centralized, and not planning to convert over!! If it's the end of the witnesses, it's the end of STEEM!! Justin blowing his nose on the AMA, lol eew! And he can barely read SMT and say steemit correctly, i don't buy a word of it!! If I were you i'd power down too Justin case, lol! Back to Bitcoin!!
The stake @steemit held has always been a centralization threat to Steem. As it now has passed from @ned to @justinsuntron, @ned's former restraint regarding deploying that stake to seize control of Steem governance is now removed, and @justinsuntron clearly has reasons to deploy that stake to do so.
The AMA has just ended, and the Witness Forum begins presently, and we'll know more after that.
I do hope your determination to vouchsafe our current blockchain, token, and community extends fully to decentralization, censorship resistance, and anonymity as we have enjoyed them on Steem to date.
Thanks!
Since Justin acquired that stake. It's too late to try to nullify it. He actually bought it with his own money.
Steemians missed the opportunity to rid of that stake.
Maybe. @bryan-imhoff suggested that rendering witness votes subject to 1 Steem 1 vote would solve the problem of Tron presently being able to replace all the witnesses at will. Tron would still be able to throw several witnesses into the top 20, but not 17 of them if this HF is effected.
I believe we should immediately make that change.
Thanks!
Thanks for this wonderful update, I think everyone is in the state of doubts but we all hope for better steem🙏❣️🙏 ❣️
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Wow, I have never seen a post like that from yourself! You sound totally despondent mate.
Thanks for the link to the AMA...is that the same Dlive that built itself here then buggered off?.
Take it easy and don't let things fuck up your weekend and off-chain life.
Yes the same dlive.
Many steemians are going through the same and waiting for AMA to get answers of various questions.
I also thinks the same and he must have some solid plan in place to take steem ahead however we need to wait for that. I am also waiting for AMA session. Thanks for sharing this post.
We isnt used to dealing with people, only investors. Tron barely has any users so it will be interesting to see what he says today.
I have this feeling that we want to lie to our self that tron will have some mercy on steem, and give its independence .... looks like the intention is clear, they want everything on tron, steem a tron token,....
Steemit.com the first dapp to move there, and then convincing other dapps as well .... take the steem token branding....listings on the exchanges as well .....abandon the steem chain and give the swap option ...
Just I think Justin and even Ned are not totally aware of everything that has happen here in the last year, especially with Steem Engine ... to them is just steemit.com ....
Looking at this, I will go on and give the right to speculate that there will be a fork ... the question is how much of the community will support each of the options ... how much of a convincing (buying) they will be willing to do ... and there are a lot of individual groups and subgroups now on the Steem blockchain .... it will be a hustle