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RE: The HIVE Coup: A Deep State's Dream Come True
First the HIVE High Council froze accounts, then they dropped the system's nodes and finally they hoped to funnel out STEEM tokens into their personal coffers and the HIVE blunder. When we really look behind the scenes, this is a financial and legal battle, and the HIVE High Council have not prepared well for this, and more to come!
dropped the system's nodes?
steem that they own on their account is theirs to do whatever with it. so if you decide to sell steem your steem should be freezed?
i still don't see the threat to the steem blockchain. what could they do to the blockchain when steemit (justin) is in full control by witness voting?
they are milking steem? well a lot of people for years was trying to milk steem, free downvotes made it less profitable, but for that you need people to organise to downvote.
I appreciate you sharing your opinions, but your thoughts are garbled and confusing. I can't really make out what you are trying to say. You seem to be looking for many answers to many questions in this time of confusion.
Witnesses frequently ran RPC & seed nodes to support the websites & Dapps running on the steam blockchain. Witnesses disabled their nodes when they shut down their witness servers.
It seems powering down and selling their steem is a threat to the steem blockchain. Accounts like @darthknight bought over a 1.5 Million STEEM.
Nothing. That was the reason for the fork. Both sides would be deadlocked in a stalemate for quite a while. Without majority witness control neither side could move forward.
I find the thought that the existing witnesses milking are a threat hilarious. In about 12 weeks they will have little or no stake in steem. They will still have accounts like @haejin & @crystalliu publicly milking STEEM and all the other farms that are stealthier.
They got what they wanted, removal of @spaminator to flag accounts that systematically milk the reward pool. "Accounts have the right to use their stake any way they wish, including increasing the return on their investment through voting."
well they were not witnesses anymore, they will not get witness rewards, they were accused of being hackers, why would they spend their own money to run nods? would you?
Also them disabling nods make them less influential on steem and less dangerous for the blockchain, so that is certainly not the reason to block private funds.
nop, it could affect the price of steem but no threat to steem blockchain. it is like you have money in the bank and you want to withdraw it, but bank blocks your account and says that you withdrawing your money is threat to the economy.
They did it to manipulate the market. creating fols price of steem. no threat to steem blockchain here. you can see that they are dumping hive on the market, and hive blockchain still works.
how do you look on @blockbrothers being unvoted as soon as the said that they will not freeze private funds? they were witness no 1 and now they are 50.
you misunderstood me, i thought old witnesses (accounts that were blocked) milking as a reason to block them. but as you said, there are many other accounts that are doing it and no one is blocking them.
new witnesses did that, not old ones. so new witnesses are not fighting spam? is there a reason why should we all not spam now? so i was stupid for not abusing the platform for 2 years? well looks like i was...