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RE: The Coming STEEM DOLLAR Purge : Why it Needs to Happen and How

in #steem7 years ago

I did not read it entirely yet, but I do believe that the "destroyed" SBD may resurface when a person that has the key of the null account decides to pull it from there.
I have already seen that the @promoted account got undelegated by some person whom is not even an insider, and the surest thing is that usage of the 'PROMOTE' option is very wrong, regardless of what your goal is, even if your goal is to increase the value of SBD.

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Sorry for the late reply but I just saw this.

FYI, the @null account is a special system account and it has no key. Furthermore any coins sent there are immediately destroyed (which is why the account always has a zero balance). So it isn't possible for coins sent there to "resurface" ever.

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