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RE: Steem Consensus Witness Statement: Code Updated

in #steem5 years ago

But it does limit the stake to only creating and delegating to new accounts. Were these the accounts that were powering down and doing programmatic selling of Steem for instance? Do we know that Justin Sun is now paying Steemit Inc. employees and operations out of pocket or could this move essentially shut off Steemit Inc. funding otherwise? I understand this is intended as temporary, but it still cuts out alot of legitimate use cases of funds "earmarked solely for the development of the Steem ecosystem" so real negotiations and hardforked governance changes need to happen soon.

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That is the idea. This has been done by a community of witnesses to assert the blockchain's continuance, primarily by temporarily removing the potential for a single-party decision to hard fork.