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RE: SF 22.2 (Sharing Thoughts)

in #blockchain5 years ago (edited)

Hoped to have said my last word on the subject.

The primary role and duty of a Witness is to ensure the existential security of the Steem blockchain.

How secure did it prove to be for Mr. Sun's stake? Without a generic solution, that could affect all users, those installing HF22.2 did the exact opposite to securing the chain. You went out of your way to break it for targeted accounts?

Would you buy 21% of the STEEM stake now if you were a billioniare? 15%? 10%? You'd have to be out of your bleetin mind.

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Well, the assumption that he bought stake is made in your thought process.
He bought a US company, probably as per US Law, as registration of companies in countries can not be done under our code.

Hence it is a loophole that existed in our ecosystem.

The stake that you are mentioning should have been burned 4 years ago, it wasn't as it was incorporated into our ecosystem as per the contractual agreements between Steemit Inc and the community (and community reps/governance).
Likewise the coded in options that were used were made possible via a HF as per that agreement, which was coded in by Steemit Inc.

This was only relevant to the stake listed, nothing else.

As far as Mr Sun and Ned go, their contract that they signed is between the two of them, not between Steem and them.
What they agreed upon is for them to settle.

Ned may have sold the company, but he can't sell what isn't his to sell, like Steem for example.

No matter how much anyone may presume that Mr Sun is a victim of Neds contract with him, that is all merely speculation, as that contract was never made public.

Yet, Mr Sun and his Tron have literally very clearly defined their intentions as far as Steem is concerned. Publicly in writing. No denying that.

Unlike other blockchains which fall victim to such dirty deals and hostile takeovers, this blockchain has prevented such under the table dealings with Genesis tokens (ninja mined tokens) that are exclusively there for one purpose and one purpose alone, to build and further develop the Steem blockchain.

This was "DEFINITIVELY MADE CLEAR" by Mr Sun and his Tron that they have no intention of honouring this on multiple occasions and likewise his actions with the abuse of Genesis tokens which must not be used for voting in governance elsewhere have further added to the validity of SF 22.2

I may feel sorry for him, maybe not, that is irrelevant, my personal emotions and opinions based upon those feelings do not take precedence over my duties as a Witness. A duty that is to ensure all Steemians are ensured that Steem (the blockchain) has the necessary existential security.

Duty before personal feelings and emotions is not the most fun option in life, yet it is necessary for the good of Steem.

So again, if someone comes along and buys 21% of the STEEM stake and talks about rocking the boat would they, too, be a legit target to freeze?

Instead of looking for a solution that all would be subject to the trust of this chain has been broken.

Granted, this stake was unique yet future major buys could have the same threat. Nothing has been secured only specific accounts targetted.

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