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RE: 65 MILLION FROZEN STEEM

in #softfork4 years ago

I assume Steemit can still delegate and do they may be able to move some power to other accounts that could vote. They may also still be able to sell some of their Steem, but with Justin's support they may not need to. Ned did mention running down how much Steem they hold at one of the Steemfests. I guess they should have less as they sold so much to cover costs.

The 'town hall meeting' should be interesting. I hope the witnesses can work with Steemit to move Steem forward. Meanwhile we should all be using our votes.

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Hi Steve, I certainly got the impression that they would not be able to delegate, move power, or sell steem with the restrictions the witnesses have put in place. See here @someguy123 post on the softfork: https://steemit.com/witness-update/@someguy123/announcement-soft-fork-0-22-2-released-steem-in-a-box-update
I expect the Town Hall Meeting to be very interesting!

I wasn't sure based on the list of operations on the original post. I think the main risk is that they could displace the existing witnesses. That would be really bad. Justin did not complain about this change. He could probably buy a load more Steem for other accounts of he wanted. I think we should work on getting the Tron community more engaged with Steem so it has value to them.