Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.

Coverage:
- Decrypt.io: Steem network to seize $5 million from its own users
- SteemPeak.com: Official Announcement by @softfork22888
- GitHub.com: view steemd HF23 changes

What you can do:
- Send exchanges a notice of the pending class action lawsuit.
- Switch to HIVE, the community-led fork. Visit Hive.blog and Hiveblocks.com.

Showcase Sunday: Is Steem Broken? by whatsup

View this thread on steempeak.com
· @whatsup ·
$18.59
Showcase Sunday: Is Steem Broken?
# This answer is easy and not subjective.

No, Steem the blockchain is not broken, it keeps moving forward every 3 seconds, it is allocating new Steem exactly the way it is programmed, based on the reward pool calculations and our votes.

It is actually functioning beautifully and we still have witnesses willing to run it. 

Steem is fine.  

What we tell ourselves and others about Steem might be broken.

The Personalities Might be Broken.

We have lost a huge group of knowledge and talent from the team, but we also have a chance now to restructure and reorganize.

MOST OF THE CONFLICT RIGHT NOW IS CAUSED BY PERSONALITIES NOT FLAWS IN THE PRODUCT.

So here we are, real humans in our digital forms messing up this product.

## Revitalize Steem

It's been a rough bear market and although we have made it through it is time to focus on understanding what Steem is and where we are going.

![image.png](https://ipfs.busy.org/ipfs/QmVnFpejPD1GDBsUG5cxeCG4eK5kJ1w17XWmtfGXuVStbg)

"What is the value of Steem?".  I keep saying it will take off when most people can answer that question.  What is the value of Steem?  

The Technology - this is often the answer I get.  I assume it means that it is fast, user friendly and well designed.
So easy a GMA can (mine) earn it, transfer it and spend it.
It is consensus based (okay we are still working on it)
It comes with it's own communication and education platform
There are real life people using it
YOU ADD A FEW

Now might be a good time to discuss and evaluate 


Let's not confuse decentralization with disorganization. People with similar goals are free to work together and cooperate to achieve a goal!





![image.png](https://ipfs.busy.org/ipfs/QmVvDLWVcFie3ktn1LKcQQgmsAd6Z2PbogdztpW2Ee8hj1)

Let's not waste and opportunity to rethink what we have left and how we want to move forward with it.

Some of the people who have moved on, were also resistant to grow the community, market and reach our potential.

Steem is struggling, it is bent, but it isn't broken.

Much of this post was used in other previous posts.

@whatsup
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 241 others
👎  
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@palikari123 ·
It's going to take a while for everyone and everything to calm down...only time will tell how it will all play out in the long run. I think they will either both succeed or fail depending on whether the user base expands. Apart from that, different communities and platforms will find their own paths. I think that's a good thing, as it gives everyone a choice of what they want and what interface/userbase they want to interact with.
👍  ,
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@whatsup ·
Yep, some calm and self evaluation is required.
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@funtraveller ·
$0.09
What you mentioned are really good points to think about and I have to agree to all that mentioned in this post, 100%
👍  ,
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@oldtimer ·
$0.12
You're right. It's not broken and is here to stay. 
The question is if we want to stay. 
I sure will.
👍  , , ,
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@whatsup ·
Yeah, I haven't decided... but I haven't given up on the idea either.
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@oldtimer ·
$0.02
Check this guy out @famigliacurione .
👍  ,
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@leveuf ·
$0.04
Hello @Whatsup!! Of course the steem blockchain is still alive and with movement to create new initiatives and projects. I've been working in this days in a roadmap for the account @Knitrias. It will be great to count with your input and advice. If you like what you see please you can share with other users.

Best regards!!

[**KNITRIAS PROJECT** | Definition and Roadmap](https://steemit.com/knitrias-project/@knitrias/knitrias-project-or-definition-and-roadmap-or-definicion-y-plan-de-trabajo-eng-esp)
👍  
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@fknmayhem ·
Personalities were always broken. 

Except for in first 4-6 months maybe. That may or may not be a euphemism.
👍  
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@tezmel ·
$0.03
It's getting more interesting by the day. I would want not to stay but the community is torn in two and I feel like I still can't choose.
👍  
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@whatsup ·
It will come  out in the wash.  Some will go some will stay... it's been like that since the beginning of Steem.

We have survived... Dan quitting, the whaleshares split, the Inc layoffs, and we will survive this too.  But it will take time to rebuild.
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@tezmel ·
$0.04
Whaleshares. Worth much? 

Yes we will. Though the recent shake ups have proved quaky. I wonder if Steem will ever get back to where it was December 2017.  Too much has happened already 😬
👍  
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@quotes-haven ·
$0.02
Yes, we shouldn't write Steem off just yet. Justin Sun might surprise us all yet again. The quarrel is that Steem is now centralized and what the previous witnesses want is a decentralised platform. To be honest, I do not know much of the ins and outs, me being not technologically inclined, nor the brightest light on the harbour. But what I am very sure is, this is not the end of Steem yet. Let the dust settle, and then we will see what happens.

Recently, this phrase keeps popping up in my mind - "When parents divorce, it is the children that suffer." Obviously, the divorce wasn't cordial and there is some bad blood. It need not be so. People should be mature enough and just move on.
👍  ,
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@markkujantunen ·
$0.04
Suppose most people leave and the price goes to 5 cents. You stand here alone but putting out decent content. Will your rewards go down in dollar terms? Not necessarily. I like having options and the death of Steem would be a shame, centralized or not. Having twice the tokens after the airdrop is exhilarating. Of course, the situation would be dire without the birth of Hive because a decentralized alternative would be missing. But both existing is even better.
👍  
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@danmaruschak ·
> Some of the people who have moved on, were also resistant to grow the community, market and reach our potential.

I think this is right. Hive's strategy of branding itself as focused on "the community" may be a double-edged sword for them, since it may end up looking even more insular and unwelcoming to new people than Steem already was.

If growth into the mainstream is the long-term goal, I think a big barrier is the general "is it a scam?" fear that many people feel about cryptocurrency. I think the bidbot era did a lot to make this place have a very scheme-y and scammy vibe. That was a culture thing, not a technology thing.
👍  
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@vmmouchas ·
I have been writing on steemit since August and I still haven't gotten a cent from this because its overly complex. Is there anyone who can help?
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@whatsup ·
What do you need help with.  I'd be happy to try.
👍  
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@vmmouchas · (edited)
I mean, just how exactly do you collect your rewards the money you make from your posts?
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@famigliacurione ·
I hope you don't mind my copying a comment I just shared with @oldoneeye

>The problem with the Steem system has always been that it mirrors the corporate capitalist financial system that is already in place. I have never understood how anarcho-capitalists managed to design a system that basically it a virtual version of how our failed societies are structured. It's crazy! We debate over Austrian vs Keynesian economics in order to build a social network?! Steemit failed because it focused too much on the financial aspects, instead of the social and psychological aspects. Maybe now, that the main focus is no longer Return-On-Investment, we can actually concentrate our efforts on building a better social model, and then let the financial part evolve out of that. What do you think?
👍  
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