Nobody owns a Blockchain.

in Dutchland5 years ago (edited)

Not even mister Justin Sun.

Or mister C.S. Wright, if it is a substantive decentralized public ledger.

Free and Open Source, by license.

My personal health challenges and the daily chaos, also known to me as 'life', have given me a moment of time-out. Paint has to dry, my battery needs a recharge and coffee is my friend. So I sit down behind the laptop to have a morning read at SteemIt dot com. A lot of publications are about Steem itself, this one is no exception on that, sorry. Well, except that it is in a broader sense. This does not only concern the Blockchain that is known as Steem, but also the one that started it all: Bitcoin, the one and only BTC. Just recently I have read an extremely long publication by mister C.S. Wright. Who forked off from Bitcoin Cash {BCH}, creating Bitcoin Steven's Version {BSV}, although he claims it is Satoshi's Version. It is not about that fact, even though mister C.S. Wright tries to turn matter of the facts the other way around. And I did call out that there would be a fork. Even though the followers of mister C.S. Wright argued that there would not and BCH would stop to exist. Back then I promised, to those who opposed my vision of a BSV blockchain split off, that I would gladly acknowledge I was wrong, if that would be the case. Never heard: "You were right about them forking off.", after, but now I am going to act like a proud arrogant bastard by telling you so. And there is more...

There are a lot of ignorant human beings who think that the amount of 'money' somebody has defines that they have made it in life. Same here at Steem, the more Steem Power {SP} one has, the more successful as a human. The owner of the believed wealth can be a human monster, but who cares, the arse-hole is rich one. So maybe sucking up will rub some off on ya. 'Money talks and shit walks', right? While, in fact, it is all a make-belief system. And if you do not get that, sorry, but I have no time to explain. Luckily do I have some good (Steemian) friends who look further than what is in ones (Steem Power) wallet. "Oh you Powered Down {PD}, you are not one of 'us' anymore...", even more weirdness, as there is no real 'us', it is all virtual. Except some friends I made, through Steem, in real life {RL}. The Steem blockchain was a place to work and earn, that is why I called that kind of 'mining' as taking ones own 'Fruit Of Work' {FOW}. To me Steem came at the right moment and I started publishing on the 26th of may 2016, at SteemIt dot com. And one thing that attracted me was the fact that the Blockchain was a substantive decentralized public ledger, as in: not owned by anybody. Again, I'll repeat it overdone: NOT OWNED BY ANYBODY!

Not owned by any-body!

It seems like the last straw of people like mister C.S. Wright to claim a complete Blockchain, in this case the Bitcoin {BTC} one. Now, why and how, he has his reasons, I really honestly think he is very intelligent. And he's also one of the people who defines 'succes' as being wealthy. He is interesting to me because reading his work is challenging my brain, as it tends to get bored now and then. If he used the pseudonym 'Satoshi' or not, I frankly do not give a damn. Nor that he recently started to try and change the perception of things, in connection with Bitcoin {BTC}, for instance about releasing software under a 'Free and Open Source' license. It actually made me chuckle while I read his contradictions. Also it made me see him more and more as another human being, like you and me. One I can relate too in a sense like: "All human is known to me." He worked for governments to help them with covert operations. Spying on other humans, to control them, from what I read between the lines. So I do stay alert, especially concerning his sometimes outrages ludicrous claims. Like that thing with claiming to 'own' the Bitcoin blockchain... But it is also very helpful, to at least think about it.

Mister C.S. Wright almost gets confessional in his personal blog when he writes about being active for the gambling industry in the past. Together with being a tool for governments to help them spy on the free born humans, so they can divide and rule, this makes me want to stay clear minded and pay attention. It was not illegal, because in those countries there was no law stating it was. So, that is supposed to be justified then? Now before you start to jump on my throat because you adore the ground he walks on, I interpret what he writes, by thinking about it, using my own brain. You know, just like when he claimed: "There will be no split, there will be no fork!" He may do so, but he was absolutely wrong and I knew that. Even though I have given away billions and thus am the opposite of being so called wealthy, I can proof that I did state it, it is locked on the Steem blockchain. (DYOR, not gonna dig up every freaking fart.) And you know what he is also dead wrong about? A substantive decentralized public blockchain being able to be owned by a private entity, it being an individual, registered at birth by FIRST and LAST name, or a registered business.

It is not a Bank, nor a Facebook.

Who owns the blockchain? It depends on the way it was set up. When a private company, or individual, creates a closed source blockchain, using it within their privately controlled environment, then the data is owned, to a large extend, by the company that created it. The key being here that it is all within a controlled environment, it can be a totally private ledger with no connection to the outside world. For some businesses this could even be preferred, or to only have a part made publicly available. Concerning Bitcoin SV {BSV}, for instance, it could become a completely privately controlled blockchain. This will be done by design. And in a sense it is quite interesting to see how a public decentralized blockchain can be moved into a privately governed realm. But that would need some changes made to the protocol. It is ironic to watch that play out, as mister C.S. Wright and his followers pointed with an accusing finger to the 'evil' Bitcoin {BTC}. While Bitcoin SV {BSV} was slowly changing protocols and through that moving towards centralized private company control. It is often a very effective tactic, politicians love it and the masses fall for it.

How many have actually read the Bitcoin whitepaper to do a fact check? When I look at the current spot of Bitcoin SV {BSV} on the Crypto Currency market I doubt very little people do. But, just like some Steemians would absolutely love to move over to the TRON blockchain, maybe thinking about mountains of gold, over there, on the other side. An opportunity maybe, but there are 4 million accounts there already, mind you. And some even curse those 'bloody voluntarism hippies' on the side that might decide to fork off, the hard way, after the recent kind soft warning. Blaming mister Ned Scott does seem way over the top to me. Some things written, I get the personal disappointment and the anger, but it is seriously starting to look like blunt slander. Checking the actual Steem Power {SP} that the @SteemIt wallet 'owns' is close to 30 million Steem. There have been days that I had less, but as far as I can see, no big deal. It is less than the total Steem ever created, that is close to 340 million... Even with other SteemIt Incorporated controlled accounts added I do not think it is far from a total of 10%. (In voting power, that might be different, but no absolute majority there.)

No soft-fork then?

Yes, I do support that, because for the TRON side of the realm there were hostile take-over threats made towards Steem. Not once, but several times. Stating publicly that Steem, the Token, would move over to the Tron blockchain as soon as possible, is like taking the first shot. Or: Tron shot first. And there are those who do not seem to understand that this had be taken seriously, at least, if the Steem blockchain were not be left behind to be destroyed. Again, those who did not bother to look deeper into the matter would just cheer for mister Justin Sun and the Tron Foundation. While also starting to throw mud at the Steemians who stood up for the substantive future of the Steem blockchain. They do not seem to be aware how Dlive, also part of the Tron network now, its own blockchain is to die off when it 'joins' the Tron blokchain on april the 15th 2020. That is how a (hostile) take-over works. Tokens to move to the other blockchain, other blockchain is moving on by itself, or it just stops to exist. And still some Steemians will cheer for this to happen, as they seem to think a blockchain can be owned, ruled and controlled by a private company, individual or foundation. (You see, I was getting back to the subject eventually.)

From an old economy point of view that might have been possible, to mind comes Warren Buffet, for instance with his weird and totally false anti Crypto-Currencies claims. But in the case of a public blockchain that is improbable, mind you not impossible. At some point it could become controlled by a centralized entity. That is why I started to refer to Bitcoin SV {BSV} as that is a case to study. Mister C.S. Wright has stated, on many different occasions, that he works on moving Bitcoin (his vision) towards a privately controlled environment, in collaboration with governments, banks and so on. This cannot be done? Well, the way it can be done is to make it almost impossible for private miners and nodes to be part of the network anymore. Simply because they do not have the hardware needed to deal with 4 GigaByte {GB} blocks, nor is their hardware able to connect to the right network infrastructure, for high speed throughput of large amount of data. And even though I already warned for this move to become a reality, it mostly got ignored. All because of some almost religious mantra that stated that this was the way for Bitcoin to go for mass adoption. Meaning opportunism rules, as perceived from my point of view ast least.

A public blockchain cannot be owned privately, ever.

Will Bitcoin SV {BSV} become privately controlled? Yes, you bet it will at some point in the near future. Already the needed changes have been put into protocol. Will the Bitcoin blockchain, or any other public one for that matter, ever be privately owned? No, never, even not the BSV one. The same accounts for the Steem blockchain. And I've read some weird statements like how the Steem blockchain began in the USA and so it is owned by SteemIt Incorporated, and thus now by the Tron Foundation. While it is a substantive decentralized public blockchain, owned by nobody. It is without borders, internationally. It could even be stored on a satellite, or on the moon. And to make it in a scientific sense even more challenging: "Where are bits actually residing, as seen from a quantum mechanical perspective?" Next we might come to an understanding that is actually totally bonkers for any entity to claim anything digital. Think about this for instance: "If you 'own' a house, do corporates and governments have to pay you for using part of the ground underneath it. For instance to get natural resources out. And how about airlines, do they have to ask permission to fly in 'your' airspace? Or even better, should they pay you for flying over 'your' house?"

Did I lose you there? Well, I guess I might in way. But the final point I want to make is that any substantive public ledger on a blockchain is free and open sourced, just like the software that is creating it. That is the absolute smart part of it all. Data owned by nobody, still to be used by anybody, how amazing is that!? But, as I already tried to explain, it is very well possible that a private entity takes control over a public blockchain. Often this is revered to as an attack. For instance a 'Sybil Attack', where many accounts are controlled by one entity, Decentralized Proof Of Stake {DPOS} was supposed to prevent that from happening. You may have noticed that delegating free Steem Power {SP} (the @Steem account takes care of that) can be abused to control a botnet of down-voting 'zombie' accounts. There is one account behind it, but there is not yet a solution available to stop this. Although using free initial Resource Credits {RC} instead of delegating free SP might be able to solve that.

As a matter of fact

Back to the subject though, I did warn in the past for a possible 'Reversed Sybil Attack', but it was never taken seriously, I guess. Until recently when the take-over of SteemIt Incorporated came about. And the new company owner announced that Steem (the Token) would move over to the Tron blockchain. 'New Steem', as it was called, almost like we have been prepared to accept the New Steem, just like that. Oh, and it would be handed out to TRX owners, that is the main Token on the Tron blockchain. And I get it when some Steemians got tricked by that and now believe the Steem blockchain is owned by the Tron Foundation and mister Justin Sun. It is still possible that a New Steem Token will start to emerge on the Tron blockcain. And I even might be the one who creates it there as a TRC10 one, just to show off how easy it is to mess around with it, for fun. But in the meantime actually sticking a fork into the spinning wheel of somebody their secret plans. After that it will be interesting to view events unfold. Maybe there will be even more Steem Tokens, as they are created by ID {Identification} number, not a name. Like the Hives on the Steem blockchain and the future SMTs.

But why would one do such a thing? Maybe to make a point, like creating a Tron Token on Steem-Engine dot com. Seems I have some ENG left to do so. To a least cause confusion mainly for the opportunists who do not care about principles. Yet, I'd rather choose to light a candle than to complain about the darkness. That is not by Confucius but by Lao Tse, another famous Chinese philosopher. And I wish mister Justin Sun the wisdom of them both, as I think in first instance he took a few shots at the Steem community. Maybe he is merely enthusiastic, that is understandable, I have been too, about the Steem blockchain. His second publication on Steem already was a lot more promising. And it is giving hope for the future of a substantive Steem blockchain, being a part of a larger Tron Network. The signal send, by a soft-fork was needed though, as a defense matter. Now we can talk business. And about the personal attacks towards mister Ned Scott, well I do strongly disagree with them, they are emotion driven, bad advisers. There were many developments done while he was leading SteemIt Incorporated. Things that needed to be done so the Steem blockchain would be able to move forward in a substantive way. At some point the whole blockchain would be hard to fit into RAM only, just ask EOS... So MIRA {Multi Index RocksDB Adapter} was needed, before SMTs {Smart Media Token} could be done. Thank you for that SteemIt Incorporated Team and mister Ned Scott!

In the meantime the paint overhere is dry, so I can go on with my private real life agenda of chaos and health challenges. It gave me the opportunity to get this out off my system and into the Steem blockchain. Which I will support as a substantive public blockchain, for freedom of expression. And if others want the Tron blockchain to become home for New Steem, then it be so. That is freedom of choice, just like witnesses can decide, in consensus, to go for a hard fork, make a split and remove SteemIt Incorporated from it. Simply because that company went over to the Tron blockchain. Is it needed to act like that? No, it depends on how the current situation unfolds. The actual Steem Power at stake under control by SteemIt Incorporated is not a real big threat, as I see it. Although it is possible that it can have some impact when used differently then promised by SteemIt Incorporated in the past, it can be overcome. Even when powered down and used for a swap proces. But on the other hand things might go into a different and brighter direction, where the Steem and the Tron blockchain will have a bridge build between them, where that bond will make both stronger.

Have a great one!

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I was going to comment but I think you have powered down and don't have enough SP for me to talk to you ;0)

LOL 😄, have a marvelous weekend mate! 🍻

I'm sure planning to dude! Hope you are feeling ok?

Sometimes my health challenges do kind of start to frustrate me, when I want to get a lot of stuff done, mostly. Had to postpone some fun things on the agenda. Takes a little while (to accept, again) and then I am picking things up where I left off.

Am feeling okay now, thanks man.

It's never fun when you have to postpone the fun stuff. At least you are ok now dudester. Have a fiddle on the guitar, that always cheers me up!

Thanks man!

Good idea, find something to change my mindset to good. Cheers!

Seems to me it was quite a relief to spit it all out again.
Thanks for the clear language.

Shit, now I am already starting to repeat myself...!?😵

Ah well, had thoughts about the 'who owns the blockchain_' combined with other thoughts, triggered by recent events.

And I guess that it also functioned for me to blow off some Steem. (Hm, weird sentence.)

Have put down the brush, time to relax, tomorrow's another day.

Wish you a great weekend Amigo!

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