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RE: Thoughts on the Exchange Bailout
As always, a well thought out opinion. I appreciate your perspective.
I think one thing that is obvious is that the Tron team really needs to have someone with them and speaking for them that knows the Steem blockchain. Roy and Justin do not understand the concessions (is that the right word?) that are being offered by the witnesses. They also don't understand the requirements of implementing a fork or even the most basic aspects of a power down.
I think the scariest thing about all of this is seeing how fast they will try to slap together a fork and the lengths they will go through to push it through without any kind of testing. The level of danger to the integrity of the chain in that one stupid decision is astounding.
Well, I think, like others before them, they don't realize the decentralized aspects of this chain. The top 20 also have to answer to the community in some regard. Another thing that powerful newcomers seem to have trouble with is the idea that they must communicate with the community at large in a respectable manner regardless of the stake that they carry, unless you would rather fight and be harrassed your entire time here.