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RE: Where Do We Head From Here?
I see the freezing of those HIVE user accounts more a question of a kind of retaliation, as well as a countermove to stop certain accounts, like BlockTrades, from amassing STEEM and HIVE from people who are really clueless as to what is going on.
Messing with people's stake is definitely bullshit, and I will forever remain disappointed in the HIVE High Council, and their goons who knew that this could be done, long before Justin Sun appeared, and did nothing about it. They have forever disgraced Delegated Proof of Stake.
You're wise to Power Down, and maybe park your funds in LTC until we get some real clarity on this issue. You should Power Down your HIVE as well, and do the same.
I absolutely am powering down my Hive also. The DPOS system was compromised first by that team.
Absolutely! And I removed all of my votes from that system! Hopefully, this scandal will teach us how to make DPoS more secure; if that is possible! Because so far, we have proof that all you need is really deep pockets, and you can take over the system. I wonder if EOS is taking this situation seriously?!
They have discussed it. Block.one holds 10 percent instead of 20 % So, it seems like "controlling stake" is a strange justification.