You are viewing a single comment's thread from:

RE: Powering down

in #softfork5 years ago (edited)

Tron purchased steemit not steem. With that Justin pretty much purchased a dapp that can be easily copied, and far from the best blogging interface. There are many private individual develops who have done a better job at developing their own alternative interfaces than what Ned Scott was ever able to do. Sun didn't buy the steem block chain, he bought a worthless dapp that many people already said good riddance too as people moved onto better interfaces.

Steem is a lot more than just blogging. It can be used to store any kind of data. With an entry point and means to decode the data it is possible to load copies of websites, images, videos, games, game data-and side chains like tokens and NFTs can be ran from it too. Steemit as a blogging mechanism is by far pretty limited; a joke-it stores images off chain.

There are many problems with Justin Sun and tron. Tron is heavily centralized and there is nothing decentralized about it although they fraudulently market it as decentralized. To the extent Sun allegedly claims he won't use his votes to interfere in the community-there are reports that he already does with Tron. https://cointelegraph.com/news/tron-community-in-uproar-as-genesis-coins-used-in-super-reps-vote .

Due to a ninja mining abuse years ago, Sun now has access to enough of a stake to take control of the chain itself. The soft fork was something that had to be done to protect the chain itself.

After your token swap that you seem excited about, a token swap will require the minting of new coins. Nothing says the process will be a 1:1 swap. There are talks that there would be an air drop to tron users. Given Justin Sun's need to be a control freak, he'll probably keep over 50% for himself. Even his co-founder quit when he took control of the tron chain.https://cointelegraph.com/news/tron-co-founder-and-cto-leaves-project-alleging-excessive-centralization

With a swap, you could expect massive theft by dilution. The only thing preventing such a massive theft is this soft fork.

The tron chain doesn't support development well. A transaction is limited to 200 bytes on tron. In contrast, in steem, a transaction is 65536 bytes. I am not sure how much free space for data is on tron, but to truly save data on chain you would need to chain well over 328 transactions to match 1 steem transaction. Well over because you would also need to allocate memory in each transaction to chain them together. Developing a true dapp on tron will be functionally limit. Most "dapp" development will be mostly off chain and thus centralized for reasons other than tron isn't decentralized in the first place. Something as data intensive as steemit you could expect to also be thrown onto an ordinary database under Sun's control. It is far more likely steemit will be moved to an ordinary centralized database instead of tron updating their own chain.

Moving to a tron chain isn't beneficial to steem or steemit, Given the talk of a coin swap, it implies that Sun has no use for the steem chain. Instead of our post being store permanently, it will likely be stored on a centralized database. The one owning that database will be Justin Sun, and likely the Chinese communist party. And Justin Sun/Tron has been known to allegedly delete an entire project from his centralized tron chain. https://medium.com/popnetwork/banned-from-the-blockchain-an-ethereum-developers-tale-of-migrating-to-tron-248a0d215c92 . It takes at least 17 steem witnesses to have agreed to this softfork for it to take place. You seem to have a problem with that when it was done as an act of self defense to the chain itself. Suppose instead that there is just one bad witness who has unlimited power-that would be the Justin Sun's tron that you so love. You claim you hate censorship; your new masters under tron would be the CPP. Without the softfork, Justin sun could have been each top 20 witness in a minute.

Many of the witnesses seem to be too soft on Justin Sun, just wanting him to communicate what the future of steem is with Tron. They are not giving Justin Sun the well needed boot out the door with the worthless dapp he purchased-they are instead lending him an ear. Given his own conduct and abuses with his own tron chain, it is doubtful he will be honest with out witnesses. He's a Chinese scammer that goes around telling people to buy his [poop] coins. We don't want his crap.

He bought steemit (crap) with his crap. He didn't buy the chain, but it was left vulnerable from the ninja mining. The witnesses are right for protecting the block chain technology, our speech, our projects, our ideas, our future and preventing a chicom hostile takeover that endangers everything. Eventually the market will recognize Justin Sun as a professional [poop] coin scammer that he admits tp, and the Tron token will approach it's true value of 0. Enjoy Hodling Tron.

Sort:  

1 tron purchased the steem owned by steemit during th acquisition. Making that particular supply of steem their property.

2 Tron is amazing. The temporary use of zion votes to secure the network last week is exactly why tron is amazing as a product.

3 steem would be run on a tvm sidechain perfectly capable of the requirements necessary to perform all the same functions currently seen by steem chain.

4 Just like binance having a huge supply staking on tron network just because they can do somethjng doesnt mean they will. Preventing them from doing something that they technically have the right to do based on the fact they fairly paid for those rights is wrong.

5 he is not a 'chinese scammer'. Hes a millionaire entrepreneur who's been a supporter and investor in blockchain tech since 2013. Inc btc xrp eth ltc and more.

If the witnesses wanted to have a say in that particular supply maybe they should have bought steemit themselves and split the pot.

Enjoy being wrong