JOIN THE REVOLUTION by arcange

Viewing a response to: @timcliff/witness-update-running-my-own-softfork-20-3

witness-category · @arcange · May 18 '20 (edited)

$0.37

JOIN THE REVOLUTION

![](https://i.imgur.com/1IisxxB.png)

👍 drakos, arcange, timcliff, firstamendment, joythewanderer, raphaelle

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@marki99 · Feb 27 '20

Trying to hide a third of the supply is not that easy. We will notice such activity.

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@arcange · May 18 '20 (edited)

JOIN THE REVOLUTION

![](https://i.imgur.com/1IisxxB.png)

properties (22)

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@marki99 · Feb 27 '20

True, that's why I like the idea of having a maturity period where every week a part of your SteemPower gains voting rights.

👍 arcange, raphaelle

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1 reply

@novacadian · Feb 29 '20

>And tada, in less than 6 seconds, you get control of the blockchain!

But not control of a truly forked chain, @arcange. A true fork seems to me the only valid threat the community can offer a majority stake holder, like Mr. Sun, without breaking the trust of DPoS. Witnesses should get busy getting a true fork ready. They are only creating a very pissed off billionaire who has asked for enough time before parley to get goodness knows what in motion, in my opinion.

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@deniskj · Feb 27 '20

Exactly. While Tim's soft fork is well intentioned, it can easily be bypassed in three months. Even though the soft fork may be stringent it was not a light call but it was the right one.

properties (22)

@timcliff · Feb 27 '20

$0.04

If they make an attempt to power down their stake, the Steem community can fork and move on with a new chain without them.

👍 timcliff, novacadian

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properties (23)vote details (2)

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@arcange · May 18 '20 (edited)

$0.07

JOIN THE REVOLUTION

![](https://i.imgur.com/1IisxxB.png)

👍 timcliff, enforcer48

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@timcliff · Feb 27 '20 (edited)

Yes, we would have seven days.

We have had a ton of time to prepare for this, and there have been tons of signs pointing to this possibility for some time. Sorry, but I am not going to accept our lack of preparation as an excuse to do something that I believe is wrong.

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@drakos · Feb 27 '20

$0.02

We're trying to avoid such a fork because it will complicate things with exchanges. Given that Justin owns Poloniex and is locked and loaded to swap, plus him being very friendly with Binance, you can imagine what could happen to STEEM when/if he pulls the trigger.

👍 timcliff

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@timcliff · Feb 27 '20

I want to avoid it too, but I’m not going to let that justify taking actions that I don’t believe are right. It would really suck, I am not trying to downplay that, but we have a way to deal with this that doesn’t violate property rights.

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2 replies