Kinda Spooky
Late Monday night (pacific), we were observing the hardfork witness majority ...
At the time, the witnesses had not quite reached 17 of 20 adoption, required for the blockchain to consider it a majority.
Early yesterday (also pacific time shown), 0.19.2 finally had a majority (20 days after release).
You can also see this data on steemd.com.
So here's the spooky part. Poloniex enabled their STEEM wallets the same day 0.19.2 got a majority.
Hypothesis
There was something in 0.19.2 that Poloniex believed they needed in order to safely enable STEEM wallets.
Poloniex claimed they needed STEEM development to address something before they could enable STEEM wallets. It was obvious that STEEM development was doing everything they could, including creating a definitive guide on running an exchange node (published 20 days ago).
But none of this was enough for Poloniex. Then, the day enough witnesses adopt 0.19.2, Poloniex enables.
Null-Hypothesis
There is no way witness majority had anything to do with Poloniex's independent decision to disable STEEM wallets for 2 solid months.
The fact that it happened on the same day is just an amazing coincidence. It's not like there was any specific threat to Poloniex from 0.19.1. Not only that but whatever it was that 0.19.2 addressed, the changes were enabled even while the majority was not reached.
Furthermore, there's no way witnesses who delayed the update were indirectly locking up funds on Poloniex.
Witness majority for minor version (ie. non-HF) doesn't matter at all.
It's not even a coincidence, it's just irrelevant.
"definitive guide on running an exchange node" was just to show how easily an average teenage minecraft player can setup Steem exchange node.
Pro like Poloniex with 25M+ worth of assets should know what they are doing without ELI5 guide.
For all we know, someone at Poloniex was checking this page every 24 hours:
https://steemd.com/fales
And when they saw 0.19.2, they opened the wallets.
Yeah gtg our running theory is perhaps someone at polo was looking for a version change before they bothered attempting to re-open withdrawals, and they were affected by the p2p bug.
That's a very interesting theory.
is that nate?
yes sir
Hey @inertia, I think you have some gum on your shoe.
Source Credit: giphy
Outstanding work. Many of you Techie Types here on SteemIt do a great deal of work to keep the lights on. I do not believe that many people realize the amount of effort required to keep this blockchain social network working properly.
On behalf of everyone old and new to SteemIt; I thank you and your mates for your hard work and steadfastness.
Have a great week and I will be sure to resteem this article to share with my awesome followers.
nice post
Nice sharing, Thanks
and maybe it is just something else who knows ????
What happens if we witness someone? How does they get benefited?
Read this: https://steemit.com/steemit-guides/@pfunk/a-full-steemit-user-s-guide-to-steem-witnesses
Thanks. Got it.
Cool!
problem is in an always on demand, real time world can someone like Poloniex really expect people to use and trust it again? two months is a LIFE time in computing terms, especially more so these days when we are taking about real time tranasctions as such. ball dropped? impossible to further play ball? i dunno, i would'nt use them again that's for certain.
That is a peculiar coincidence I wish I knew what that hold up was about. Glad to know the polo steem wallets are back up, though.
Very nice blog i like your work thanks for sharing