RE: Community Vote - Express your opinion now
It's obvious to not give Justin Sun a hard fork that compromises the security of Steem to bail out his exchange buddies. This would include a 4 week powerdown which does not have a community consensus, and Justin doesn't count as community after attacking the network.
If Justin promised his exchange buddies that if they powered up their customer's funds to attack Steem he'd be able to get it back to them quickly, well that's just too bad. It's between him and those exchanges.
The exchanges powered up their customer's funds to attack Steem under current consensus rule of a 13-week power down and they can abide by those rules. Exchanges should begin power downs now to get liquidity for their customers ASAP. There should be plenty of liquid tokens available to them after just one week.
Edit: and I had some idea they had a lot of tokens liquid already but I checked again and all three of the exchanges that were used by Justin to attack Steem have plenty of liquidity.
Binance: 863,101 STEEM
Huobi: 2,042,430 plus 2,091,683 = 4,134,113 STEEM
Poloniex: 498,420 STEEM, not that anyone actually uses it
But
All of this begging witnesses to hurry up with a hard fork to accommodate exchanges that collaborated with Justin to attack Steem is likely misdirection.
The real goal is likely to enable a fast power down of the Steemit Inc. accounts.
That’s actually what I’d prefer as a “compromise!” Justin wants to bail out the exchanges and says he has no interest in governance, we want his governance revoked/reduced.
If the witnesses take the risk of rushing a hard fork, I think the position should be to apply the accelerated power down only to Sun’s accounts and not the exchanges. Let him move liquid Steem to the exchanges he made promises to as that’s his responsibility to backstop their liquidity while they power down. If he’s unwilling to do this then he’s clearly continuing to lie about his intentions and unwilling to make good on his personal guarantee to the exchanges he misled/coerced.
so it would be safe to say you would opt for keeping the power down at 13 weeks - go place your vote :-)
Probably. Although I also have something else to say. I know that the square does not fit the circle, but I still have hope that Justin Sun can change for the better. He is only 29 years old after all (he was born on 1990 July 10). He will achieve great things with Steemit, if he do change for the better. Enemies can turn into friends. And of course friends to enemies too. Maybe Justin Sun will realize that he can do much more with Steemit than just to milk it.