My opinions on the Tron news

in Steem Governance4 years ago (edited)

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If the purchase of a single entity is enough to send the decentralization we've been fighting for / dream of, down the toilet, then I guess we were never decentralized enough...

I am very optimistic about the future of Steem and deep down I know that those in charge will do their part so that this blockchain can thrive.

PS. Nice to see you expressing yourself Mark.

we truly never were decentralized..

some voices tell us that since years--

that those in charge will do their part so that this blockchain can thrive

In a decentralized system this person is you. Delegate away your responsibility and you put the power in somebody else's hands.

I take full responsibility and I am all in with Steem. Regardless if it goes down to zero or if we have to fork the chain. How about the rest?

It's up to them.

Shit is definitely getting interesting, the only real value any social network has is its people/users. No matter how great a product is, if no one is willing to use it, it is worthless because value is a human construct. In my opinion I do not think Justin will do anything drastic to piss off all the users of STEEM since that is what he basically paid for, but anything is possible, I guess we will see...

It's pretty much a concerning situation as steemit Inc has enough Stake to vote 20 their own witnesses to straight away replace the current top 20 and do what they like to the chain, I wonder if that was included in the "commercial" agreement. However like you,a lot of people are trying to keep and open mind and hope to see a better and thriving steem.

Thanks for this...a level head is good for now. This may be a great thing for us but, it has many ways it could go bad too. Hopefully today’s live streem is positive.

Hi @themarkymark, let me throw a "macro thought" at you, immediately ahead of the AMA.

Justin Sun paid $4.5 million to have dinner with mega investor billionaire Warren Buffet. Warren Buffet's made his billions as a value investor who goes into undervalued companies with solid ideas.

Three weeks ago, the two had their dinner. Justin Sun may be many things, but he's not stupid. You don't spend time with "The Oracle of Omaha" and not come away learning something.

Now Justin Sun has — because we don't have a better word for it — acquired an interest in Steemit, Inc. and, by extension, influence over the future of the Steem ecosystem. Steem is highly regarded by many (including Weiss Ratings), but grossly undervalued. It's a great blockchain... with lots of functioning dapps with USERS and many new use cases in the pipeline.

While we were caught in our own storm of news yesterday, yesterday ALSO marked the day Dan Larimer's "Voice" project formally went into public Beta. Interesting timing? Coincidence? Probably not...

Consider the possibility that Justin's move was wanting Tron to compete with (and beat the snot out of) Voice... and the Steemit, Inc. deal was the most viable option to do so. He has the resources to fast track a lot of the developments that have been collecting dust on Steemit, Inc's shelves.

I cannot even begin to comprehend the functional aspects of the Tron/Steem alliance, but my thought is that this was not a move to abandon the Steem blockchain...

Soon enough, we shall know more...

 4 years ago 

I also thought about the timing with Voice, but I think this was a mess up. I do not believe this was planned to be discussed on this timeline.

Or he and Ned and Dan are in Cahoots with Voice to get rid of Steemit! See Justin can make even more money that way too! I'm sure Justin is an even larger inside investor in Voice too lol!!! These kind of whale sharks can make money driving businesses under as they can bringing them up. Maybe Buffet put him up to it!! The price of STEEM over the coming weeks and months will tell us. If it goes down a lot then this was all a scam!! STEEM dropping hard o nth3e AMA news, so the invisible hand of the market is already at play! I had to power down and will hope it gets bid up so I can sell if / when it does!! Hopefully they can keep this charade going for another year and a half so I can make a decent profit on STEEM at least?????? I do not want anything to do with any tron-steem unlimited / centralized, and not planning to convert over!! If it's the end of the witnesses, it's the end of STEEM!! Justin blowing his nose on the AMA, lol eew! And he can barely read SMT and say steemit correctly, i don't buy a word of it!! If I were you i'd power down too Justin case, lol! Back to Bitcoin!!

The stake @steemit held has always been a centralization threat to Steem. As it now has passed from @ned to @justinsuntron, @ned's former restraint regarding deploying that stake to seize control of Steem governance is now removed, and @justinsuntron clearly has reasons to deploy that stake to do so.

The AMA has just ended, and the Witness Forum begins presently, and we'll know more after that.

I do hope your determination to vouchsafe our current blockchain, token, and community extends fully to decentralization, censorship resistance, and anonymity as we have enjoyed them on Steem to date.

Thanks!

Since Justin acquired that stake. It's too late to try to nullify it. He actually bought it with his own money.

Steemians missed the opportunity to rid of that stake.

Maybe. @bryan-imhoff suggested that rendering witness votes subject to 1 Steem 1 vote would solve the problem of Tron presently being able to replace all the witnesses at will. Tron would still be able to throw several witnesses into the top 20, but not 17 of them if this HF is effected.

I believe we should immediately make that change.

Thanks!

Thanks for your opinion and I wish the best as you do.
I will be sleeping during the AMA. However, I will sleep sound knowing that they are having it ASAP and even on a Saturday. I hope this communication is regular.

to be real, if he wants to attack steem this way to move it to tron, is like a copy.

So why he should spend money to buy Stinc to copy it into tron? As you told he has money for marketing.

Like make a copy of Steem on tron and give Users some free tron. It would be cheaper overall.

Plan B for Steem can be a fork from the current Stage with Testnet SMT and Communities without Stinc Stack.

It would not be that bad i think. Maybe with onboard Token on SPS to give Dapps the chance to onboard Users for "free".

Overall we are the Users. We have the power.

Steem entire ecosystem could fit into a smart contract on Tron with similar functionality as we have now. I am concerned it wouldn't be able to handle the transaction volume of Steem without drastically impacting.

Im not a techie but if performance would be impacted then indeed it cannot be cloned to TRON. It stops being steem at that point.
My fear is in his claims, which im hoping he goes back on today that he will token swap Steem. Even an airdrop would be a negative since now you have two competing chains using the same dapps. (Unless he does a peg)
Im very fearful of this change..
Dubrovnik is nice this time of year

I have TRX and STEEM. How will this merger affect my digital assets?

 4 years ago 

It is unclear right now.

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