Lots to unpack from yesterday.
This was pre-coffee but either process it or not, no problem to me, these are just slightly unfiltered thoughts from what I saw before, during and after the Ama and then onto the witness forum which ended up running for ages.
It was interesting to watch/listen to other people talking people down from the powering down ledge about to see the positives in it. I couldn’t work out if it was because people were concerned about securing the network or because of power play positions at the top of the governance tree.
It did kind make me think retroactively about what might be some of the core issues we have with retention when we have this kind of power struggle at the top with everyone wanting to have tentacles into everything but hey, that’s decentralised networks right?
Just my 2 cents anyway from yesterday, I personally think that Justin Sun is a businessman looking to funnel his funds (where do they come from?) into projects and technology that are great but never achieved market fit to the mass market — steem is certainly in that boat, will he be able to shape this into something more, will we be TRONIT on the Samsung phone platform, could that be good for us?
Or will the steem token go away and all of the witnesses in the top 20 get voted away for new ones of Justin Sun’s bidding, I mean he has 70+ million steem power now and the top position is about 40 million as it stands today, he could certainly spin up a bunch of nodes and then we have a completely different model in operation — that could happen quickly.
The bottom line for me thou, will I truly have my forever immutable blog blockchain ledger on steem or not?
To be continued (or not, depends if Justin clicks his fingers right)
Humbly Yours,
Thanos
__humble xx
PS - as I finished this Justin Sun posted this on his twitter. .. he’s gotta be careful with these tweets else he might end up to a hard fork situation happening real quick….
https://twitter.com/justinsuntron/status/1228971875851632640
- justinsuntron
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