wow Thanks for your response.
And should we assume that you are 100% ok with this situation?
and who are the witnesses that supported this extreme course of action and which ones do not?
How do you feel about this ? Is it just more of the same? or does it hold more impact for you personally?
I am indeed 100% in support of this and am running version 0.22.2 on my witness node. You can find many of the other witnesses on the post that is linked at the beginning of this post.
Can you imagine if some bitcoin whale account got frozen out by a similar action? Isn't this the exact opposite of what crypto is fundamentally supposed to represent?
Wouldn't it make more sense to fix the systemic issue (centralized control in the hands of 20 high-council, supreme-court, top-witnesses) somehow instead of singling out and specifically targeting individual accounts to be frozen?
The issue, if it were thought to be able to fix the existential risk, would have required a hard fork...and that hard fork could have been easily blocked by the entity posing the existential risk. So it's a tricky situation to be in - and it's a situation that we did not put ourselves in.
By deploying a soft fork, we can temporarily mitigate the risk while working on a potential long-term solution. If that can be done, we can then remove the code that allows witnesses to ignore the transactions from the accounts in question, and then those accounts may continue to transact.
It's a temporary fix. It's certainly not an ideal way to address this but it's really a unique circumstance that was brought about by the original launch and the decisions made by Steemit Inc. leadership over the past four years.
It sounds like the "problem" (ninjamine) was well-known for a long time, but people generally "trusted" the majority-stake-holders (and did nothing at all to fix the "problem").
If the majority-stake-holders were so "trusted" then perhaps they would have co-operated with the implementation of a true systemic fix at some point before the current "crisis".
Changing the rules to target specific accounts is BAD POLICY, and shatters my faith that steem is anything even remotely resembling a "reliable decentralized system".
Certain transactions made by Steemit Inc. accounts will essentially be ignored by those witnesses who are running version 0.22.2.
So in effect, yes, their accounts will be frozen from making those transactions.
wow Thanks for your response.
And should we assume that you are 100% ok with this situation?
and who are the witnesses that supported this extreme course of action and which ones do not?
How do you feel about this ? Is it just more of the same? or does it hold more impact for you personally?
I am indeed 100% in support of this and am running version 0.22.2 on my witness node. You can find many of the other witnesses on the post that is linked at the beginning of this post.
You dont see any blowback from this action?
I do not anticipate much. Here is Justin Sun's rather swift response:
https://steemit.com/steemit/@justinsunsteemit/open-letter-to-steem-community
Can you imagine if some bitcoin whale account got frozen out by a similar action? Isn't this the exact opposite of what crypto is fundamentally supposed to represent?
Wouldn't it make more sense to fix the systemic issue (centralized control in the hands of 20 high-council, supreme-court, top-witnesses) somehow instead of singling out and specifically targeting individual accounts to be frozen?
The issue, if it were thought to be able to fix the existential risk, would have required a hard fork...and that hard fork could have been easily blocked by the entity posing the existential risk. So it's a tricky situation to be in - and it's a situation that we did not put ourselves in.
By deploying a soft fork, we can temporarily mitigate the risk while working on a potential long-term solution. If that can be done, we can then remove the code that allows witnesses to ignore the transactions from the accounts in question, and then those accounts may continue to transact.
It's a temporary fix. It's certainly not an ideal way to address this but it's really a unique circumstance that was brought about by the original launch and the decisions made by Steemit Inc. leadership over the past four years.
It sounds like the "problem" (ninjamine) was well-known for a long time, but people generally "trusted" the majority-stake-holders (and did nothing at all to fix the "problem").
If the majority-stake-holders were so "trusted" then perhaps they would have co-operated with the implementation of a true systemic fix at some point before the current "crisis".
Changing the rules to target specific accounts is BAD POLICY, and shatters my faith that steem is anything even remotely resembling a "reliable decentralized system".
Phenomenal analysis.