I am a bit of a layperson here, but doesn't this action kind of justify the soft fork? It seems like better communication should have taken place.
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This is literally the threat we were trying to help avoid. We knew it would happen because of Suns previous actions on Tron. Welcome to Tron 2.0
Well, again speaking as a layperson, it seems that the fears were Justified.
This is literally the threat we were trying to help avoid.
<sarcasm>That worked out well.</sarcasm>
They always had the ability to fork and take over from any block. The fact that they did it kind of proves their intent all along.
It does, they basically just centralized Steem, using funds on exchanges that probably don t even belong to them. But hey, what we did was criminal.
This isnt mutually exclusive, Binance can be criminals as well as the steem witnesses. But I suspect the TOS of Binance probably make them proxies to your steem (or other cryptos) otherwise you could literally call autorities.
It's sad that exchanges agree to do that, time to boycott those exchanges I guess, centralised exchanges are now the big player on crypto world, but it doesn't mean it will forever be the case lol.
No the softfork is the same difference as this. The Softfork highlighted Steems flaw and Justin doubled down to prove its been Centralized all along.