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     16 days ago 

    Hello @roadofrich , i don't think the HF will be evaluated or implemented soon . And it need not to be done prior any SVM activity . I read your post and i have a few things i wanted to answer .

    First i would like to tell you that the 17/21 is not just 17 regular witnesses , the bridge release funds happens when the 17 witnesses out of 21 from the consensus round report everything right . Pegged STEEM on SVM is only issued when there is a Bridge event from Steem main net to SVM , the SVM chain has no inflation at all , however this can be changed by the SVM governance , Cosmos based chain uses this proposal system to change onchain inflation , the STEEM issue only happens on bridge events and without inflation the peg does not breaks . We tested multiple stress approaches to test the withdrawal module and it works , you are welcome to do any sort of testing too .

    Since withdraw are user initiated permission less tx , and the bank module guards it , there is no possible way for any user to withdraw more steem than they hold in SVM . No bogus tx can be done .

    Regarding chain state , All witnesses might not have this problem at the same time , provided oracle is a responsibility , and the chain trusts it , every witness can run their own node , get data from trusted Partners . This oracle assumes witnesses are honest .
    The steem main net can auto reject duplicate transactions submission , you can read more on my post https://steemit.moecki.online/svm-evm-on-steem/@blaze.apps/how-steem-witnesses-can-help-the-svm-dream-bridging-svm-to-steem-a-witness-based-bridge-oracle .

    No steem is paid to SVM nodes , Chain's inflation is 0% .

    The collateral in svm.bank also will be over collateralized , not just 1:1 , because of burned tx fees in the SVM network , this infact is the Chain's Genuine revenue , can be burnt or as well spent for other development works .

    The issuance is verified by SVM validators , the chain itself verified burning , once the burn tx is completed , only the withdrawl data is saved , oracles/witnesses get this data , publish to steem mainnet.

    Bridge is permission less , no one has any central authority to stop it .