RE: My Open Letter To Justin

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RE: My Open Letter To Justin

markkujantunen in #steem • 6 years ago

Sun would've tried to force a transfer of all Steem apps and user base to Tron against our will in any case. The very first thing he would do after he had acquired Steemit was to announce to the entire world that that was going to happen.

He was completely blindsided by the community response. If a hard fork were to happen, which seems increasingly likely to happen as the impasse we're in drags out, I'm sure a very small minority of Steemians will follow him to Tron.

Those of us who want money will be better off on YouTube or on self-hosted blogs. Steem is about something else first and foremost: it's about forming self-governed and decentralized communities.

6 years ago in #steem by markkujantunen

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practicalthought 6 years ago

He was completely blindsided by the community response. If a hard fork were to happen, which seems increasingly likely to happen as the impasse we're in drags out, I'm sure a very small minority of Steemians will follow him to Tron.

I certainly won't be joining in on the new chain if he gets his way. Still not sure why he feels its ok to destroy my tokens yet is upset that his were limited.

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markkujantunen 6 years ago

Agreed.

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test45 (1) 6 years ago

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markkujantunen 6 years ago (edited)

First of all Freezing suns account goes against the very basic foundation of a decentralized community.

I agree that it was a radical thing to do. I would have done it but only as a last resort. Are you aware of the history of the stake Justin Sun bought? By purchasing the coins Sun became nothing like an ordinary whale on the platform. Steemit, Inc's coins were pre-mined into existence for the express purpose of paying for the development of the core blockchain and not private gain. It may be that Sun was deceived by Ned Scott about the nature of the stack be bought.

We will never know what suns intention where going to be.

He said it very clearly: to migrate all Steem apps to Tron along with the community and swap all STEEM for a TRC10 token. That is, to end the independent existence of the Steem blockchain and migrate the whole ecosystem to Tron, a centralized blockchain that Justin Sun has controlling stake of and which stake he has chosen to actively use. When confronted about this, he backpedaled a little saying that Steem would continue to exist - for now. Our witnesses became concerned when they learned Justin Sun had used genesis coins on Tron to dictate the governance on Tron.

The freezing stole that from the community.

No, it's clear enough what Justin Sun wanted. The witnesses did their duty to protect the chain as best they could. The only thing I disagree with them on was the timing of the soft fork. I would've postponed it somewhat.

The community response is based on misinformation from witnesses.

Everything is in plain view.

Sun was a new whale on the block and the centralized witnesses felt their influence threatened . They acted on speculation and not facts. A decentralize community needs to understand that things can change quickly .

Sun was no ordinary whale. His stake was far from unencumbered and it was large enough for him to nearly centralize the chain.

"...centralized witnesses...".

Witnesses voted in by the community.

That kind of extreme arrogance will get you precisely nowhere. If your side manages to hijack the chain, a sister chain will be created, which the overwhelming majority of the community will choose. You can't buy people and communities.

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practicalthought 6 years ago

We will never know what suns intention where going to be.

We actually do. Several mentions of token swap was made by Mr. Sun, implying the destruction of my current Steem tokens. He protests actions that pale in comparison to his intended plans for my and other Steem holders tokens.

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test45 (1) 6 years ago

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