So, the witnesses made the first hostile act by removing Justin from using Steem he purchased. He retaliated and somehow hes the bad guy?
I don't understand this whole thing. If anything I'm more on Justin's side, and I didn't like him before this lol.
Hi Treepi,
in the announcement post @softfork222 we tried to explain everything very carefully.
Steemit Inc's stake (I assume that's what you mean with Justin) was far from removed from the blockchain by softfork222. After 1 week of uncertainty and reaching out to the new owners of the stake without meaningful responses and only alarming PR-publications around "token swaps" and "propietary blockchain" to go on... more than a week of discussions, testing and finally implementing took place to, mind you, temporarily block certain operations from being included in blocks produced by the then Top20 witnesses as well as a majority of backup-witnesses. This was just done to mitigate a risk and to no longer just count on "promises", which by then, had not come anyhow... Only the alarming PR-publications and no responses. Because if waiting and a malicious action would be undertaken, the only way out would have been a hardfork.
Little could we know that the influence of the new owner of the Steemit Inc company was so big that he could single handedly call friends who are billionaires and own the biggest crypto exchanges on the world, to do him a favour, and abuse the funds of their customers (of which many are Steem users) and decide to vote against many the will of the majority of the community.
After that we saw the true rise of DPOS... The community started voted, calling friends, powering up and we saw huge efforts outside of the blockchain. The crypto world was (and is) watching us now. Let's see how this ends...
I hope this explains the situation a bit more and helps you have another angle at this situation.
typical unreachable boss style lol
That helps a bit. I'm still a bit confused.
I don't understand why action needed to be taken against Justins newly acquired tokens in the first place?
The stuff with Huobi and Binance is absolutely ridiculous and probably illegal. I'm 100% against exchanges using user funds to vote.
But, I still don't see why the softfork222 was needed in the first place? Justin bought that stake. The whole point of this platform is stake weighted influence. It seems like a lot of people just didn't like him or just didn't trust him from the start so the witnesses decided to soft fork his funds to the freezer lol. Sure it wasn't "removed" per se. But, it was limited. Which is messed up. He owns that stake now. It's his private property to do with as he pleases. Which is hopefully in the best interest of the platform.
Am I missing something here? I'm just confused about why the soft fork was needed in the first place? Other than disliking the guy or not trusting him.