I would say that is a problem. The Witnesses have a say over that.
I think there is miscommunication in the release. Is Sun getting Steemit or Steem? The Community has a say over the later.
Posted via Steemleo
They can't get steem unless they hostile takover... which i guess means sell your tokens to another party who now has enough voting power to elect 20 witnesses that all do what they want and they can do any blockchain decision they want.
But with this said we have very little details. So all speculation.
I am thinking the same thing. Not sure how any of this is going to work out.
Posted via Steemleo
The market will have its say and at the moment, the market likes the news. Steemit wont die due to lack of funding anymore im pretty sure.
Also steemit runs the API that most people use. @anyx has one that could be used i suppose. But we may need to make the SPS much higher for him. haha